Insurance Business Development Manager - Hybrid

Placements24; East London; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Hybrid work

Medical aid

Job summary

Placements24 is seeking a motivated Business Development Manager for East London. This hybrid role blends remote work with in-office collaboration to drive revenue growth in insurance products.

You will identify opportunities, form strategic partnerships, and expand market share in the Eastern Cape region. The ideal candidate has 5+ years in business development or sales in insurance, strong negotiation and communication skills, and a track record of achieving targets.

Qualifications

• Minimum of 5 years of experience in business development or sales, preferably within the insurance industry.
• Proven track record of identifying and securing new business opportunities and partnerships.
• Strong understanding of the insurance market and its product lines.
• Excellent negotiation, communication, and presentation skills.
• Proficiency in CRM software and other business development tools.
• Ability to work effectively in a hybrid environment with travel and in-office duties.
• Bachelor's degree in Business Administration, Marketing, or a related field is preferred.

Responsibilities

• Identify and pursue new business opportunities within the insurance sector.
• Develop and implement strategic business development plans.
• Build and maintain relationships with potential clients, partners, and intermediaries.
• Negotiate and close deals to achieve revenue targets.
• Analyze market trends and competitor activities to identify opportunities and threats.
• Collaborate with marketing and sales to develop lead generation strategies.
• Represent the company at industry events and networking functions.
• Provide market feedback to product development and management teams.
• Manage the sales pipeline and forecast BD activities accurately.
• Ensure BD activities align with company goals and compliance standards.

Skills

Business development

Sales

Insurance

Negotiation

Strategic partnerships

CRM software

Networking

Presentation

Market analysis

Education

Bachelor’s degree

Tools

CRM

Job description

About the Role

Our client, a rapidly expanding insurance provider, is looking for a motivated and strategic Business Development Manager to join their team in East London . This hybrid role combines the flexibility of remote work with essential in-office collaboration and client engagement. You will be responsible for identifying new business opportunities, building strategic partnerships, and driving revenue growth for the company's insurance products. The ideal candidate will possess strong commercial acumen, excellent networking skills, and a deep understanding of the insurance market in the Eastern Cape. You will play a key role in expanding our client's market share and strengthening their brand presence. This is an exciting opportunity to contribute to significant growth within a dynamic and supportive work environment.

Key Responsibilities

• Identify and pursue new business opportunities within the insurance sector.


• Develop and implement strategic business development plans.


• Build and maintain strong relationships with potential clients, partners, and intermediaries.


• Negotiate and close business deals to achieve revenue targets.


• Analyze market trends and competitor activities to identify opportunities and threats.


• Collaborate with marketing and sales teams to develop and execute lead generation strategies.


• Represent the company at industry events, conferences, and networking functions.


• Provide market feedback to product development and management teams.


• Manage the sales pipeline and forecast business development activities accurately.


• Ensure all business development activities align with company goals and compliance standards.

Requirements

• Minimum of 5 years of experience in business development, sales, or a related role, preferably within the insurance industry.


• Proven track record of successfully identifying and securing new business opportunities and partnerships.


• Strong understanding of the insurance market and its various product lines.


• Excellent negotiation, communication, and presentation skills.


• Proficiency in CRM software and other business development tools.


• Ability to work effectively in a hybrid environment, balancing remote work with travel and in-office responsibilities.


• Bachelor's degree in Business Administration, Marketing, or a related field is preferred.


• Strong networking capabilities and a well-established professional network in the region are advantageous.


• Self-motivated, results-oriented, and able to work independently.


• Adaptability and a willingness to embrace new challenges.

Benefits

• Competitive annual salary ranging from Rands , plus performance-based bonuses.


• Hybrid work model offering flexibility and improved work-life balance.


• Comprehensive medical aid and retirement fund benefits.


• Opportunities for professional development and travel.


• Be part of a growing and innovative insurance company.


• A dynamic and collaborative work environment.


• Significant potential for career advancement.


• Work in the key economic hub of East London .