Business Development Manager

Sbi Life Insurance Company Limited

R S Puram, Coimbatore

₹25,000 - ₹65,000 monthly*

Fixed

25000 - ₹40000

Average Incentives*

25,000

Earning Potential

65,000

You can earn more incentive if you perform well

Field Job

Full Time

Min. 2 years

Basic English

Job Details

Interview Details

Job highlights

Urgently hiring

115 applicants

Benefits include: Joining Bonus, Annual Bonus, PF, Petrol Allowance, Mobile Allowance, Health Insurance

Job Description

Job Summary:The Business Development Manager (BDM) is responsible for driving business growth and building strong relationships with agents, partners, and customers. The role involves acquiring new customers, managing existing client relationships, and achieving sales targets through effective channel management and strategic planning.

  • Key Responsibilities:Sales Target Achievement:


  • Achieve and exceed monthly and annual sales targets for life insurance products.
  • Implement strategies to increase market share and penetrate new markets.
  • Agency Development:


  • Recruit, train, and develop agents/advisors under the agency channel.
  • Provide ongoing support, motivation, and mentorship to ensure productivity and retention.
  • Client Relationship Management:

  • Build and maintain strong client relationships.
  • Identify customer needs and offer suitable insurance solutions.
  • Market & Competitor Analysis:


  • Monitor market trends and competitor activities.
  • Provide timely feedback to management to refine sales strategy.
  • Compliance & Documentation:


  • Ensure adherence to regulatory and company compliance standards.
  • Maintain accurate records of client interactions and sales activities.
  • Training & Development:


  • Conduct regular training sessions for agents to improve knowledge and selling skills.
  • Stay updated with the latest product offerings and policy changes.


Job role

Department

Banking / Insurance / Financial Services

Role / Category

Insurance Sales

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 2 years

Education

Graduate

Past role/category experience

Life Insurance, General Insurance, Field Sales, Insurance Sales, Health Insurance, Real Estate Sales

Skills

Insurance sales, Life insurance, Mutual funds, Business Loans, Personal Loans, Fixed Deposits, Corporate Loans, Credit Cards, Savings Account

English level

Basic English

Regional language

Fluent in speaking Kannada, Telugu, Tamil, Malayalam, Hindi

Age limit

26 - 40 years

Gender

Any gender

About company

Name

Sbi Life Insurance Company Limited

Address

SBI Life Insurance Co Ltd, Cowley Brown Road, East, R.S. Puram, Coimbatore, Tamil Nadu, India

Job posted by Sbi Life Insurance Company Limited

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