Job Description: Business Development Manager 

Position Overview:

The Business Development Manager is responsible for driving business growth by identifying new opportunities, building relationships with clients, and developing strategic partnerships. The role involves generating leads, negotiating deals, and ensuring client satisfaction while working closely with underwriters and insurance carriers.

In addition, you will report to the Managing Director

Key Responsibilities:

1. Business Growth & Strategy

• Identify and develop new business opportunities.

• Develop and implement sales and marketing strategies to expand client portfolios.

• Achieve sales targets and contribute to company revenue growth.

• Conduct market research to understand industry trends and client needs.

2. Client Relationship Management

• Build and maintain strong relationships with clients, insurers, and other stakeholders.

• Conduct client meetings to assess their insurance needs and provide tailored solutions.

• Ensure high levels of customer satisfaction and retention.

• Act as the primary point of contact for key clients, addressing inquiries and concerns.

3. Sales & Negotiation

• Develop proposals and negotiate contracts with clients and insurers.

• Work closely with insurance underwriters to secure competitive rates for clients.

• Cross-sell and upsell insurance products to maximize revenue.

• Present and explain policy options and benefits to potential customers.

4. Networking & Partnerships

• Develop relationships with insurers, brokers, and industry professionals.

• Attend networking events, conferences, and industry forums to generate leads.

• Establish partnerships to enhance service offerings and market reach.

5. Compliance & Reporting

• Ensure all business development activities comply with industry regulations.

• Maintain accurate records of sales, client interactions, and market trends.

• Prepare regular reports on business development activities and performance.

Key Skills & Qualifications:

• Over 7+ years of Sales Experience.

• Bachelor's degree in Business, Finance, Marketing, or a related field.

• Financial & Enterprenual focused mind-set.

• Strong understanding of insurance products, policies, and industry regulations.

• Exceptional executive presence, business acumen and presentation skills.

• Ability to work independently and meet sales targets.

Job Application procedure

All interested and qualified candidates are invited to send their applications with a cover letter, Curriculum Vitae, copies of their academic and professional certificates via the Apply Button below no later than 25^th April 2025. Only shortlisted candidates will be contacted.