Business Development Manager
Sbi Life Insurance Company Limited
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
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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