Business Development Manager (BDM)

Key Responsibilities:

· Develop and implement sales strategies to achieve business targets in General Insurance (Motor, Health, Property, Liability, Marine, etc.).

· Identify, prospect, and onboard new clients (corporate, SMEs, and individual customers).

· Build and maintain strong business relationships with intermediaries, brokers, and channel partners.

· Conduct market research to identify trends, competitors, and customer needs.

· Negotiate and close insurance contracts with clients, ensuring profitability and long-term partnerships.

· Provide after-sales service and ensure customer satisfaction and retention.

· Prepare regular sales reports, forecasts, and performance analysis.

· Collaborate with underwriting and claims teams for smooth client servicing.

· Ensure adherence to IRDAI regulations and company policies.

Key Skills & Competencies:

· Strong knowledge of General Insurance products and regulatory guidelines.

· Proven track record in sales / business development in the insurance or financial services industry.

· Excellent communication, negotiation, and interpersonal skills.

· Ability to work independently as well as in a team environment.

· Strong analytical and problem-solving abilities.

· Target-driven with a focus on results and customer satisfaction.