Business Development Manager

Business Development Manager (BDM)

Industry: Insurance & Financial Services

Job Summary:We are looking for a dynamic and target-driven Business Development Manager (BDM) to expand our insurance and financial services business. The candidate will be responsible for recruiting Financial Consultants, building a strong sales team, and driving business across life, health, and general insurance, along with investment products.

• Key Responsibilities:Recruitment of Financial Consultants:
• Identify, approach, and recruit potential Financial Consultants through personal contacts, networking, and referrals.
• Lead Generation & Cold Calling:
• Generate business opportunities through cold calling, field visits, and other sales activities.
• Team Development & Management:
• Train, guide, and motivate the team to achieve their sales targets and improve productivity.
• Sales & Business Growth:
• Drive sales of:
• Life Insurance
• Health Insurance
• General Insurance
• Investment & Financial Products
• Target Achievement:
• Consistently achieve daily, weekly, monthly, and annual business targets.
• Client Relationship Management:
• Build strong relationships with clients to ensure long-term business and referrals.
• Performance Monitoring:
• Track team performance and take necessary actions to improve results.
• Eligibility Criteria:Graduate in any discipline (MBA preferred)
• Experience in sales/insurance/financial services (preferred but not mandatory)
• Strong network and ability to recruit
• Required Skills:Excellent communication and interpersonal skills
• Strong sales and negotiation abilities
• Leadership and team-building skills
• Self-motivated and target-oriented
• Ability to work under pressure
• Compensation & Benefits:Fixed salary + attractive incentives
• Performance-based bonuses
• Career growth opportunities
• Training and development support
• Key Performance Indicators (KPIs):Number of Financial Consultants recruited
• Business volume generated
• Team productivity

Target achievement (daily to yearly)