Business Development Consultant

6 days ago

Johannesburg, South Africa WatersEdge Solutions Full time

As a **Business Development Consultant** specialising in the insurance industry, you will be responsible for driving growth, expanding market share, and fostering strategic partnerships for our company. Your primary focus will be on identifying new business opportunities, cultivating relationships with clients and partners, and developing innovative strategies to enhance our presence in the insurance sector. You will collaborate closely with the sales and marketing teams to achieve revenue targets and contribute to the overall success of the organization.

**Qualifications and Experience**:

- Bachelors degree in Business Administration, Marketing, Finance, or a related field.
- Proven track record of success in business development, sales, or consulting roles within the insurance industry.
- Deep understanding of insurance products, services, and regulatory requirements.
- Excellent communication, negotiation, and presentation skills.
- Strong analytical and problem-solving abilities, with a strategic mindset.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
- Proficiency in CRM software, Microsoft Office Suite, and other relevant business tools.

**Key Responsibilities**:
Market Research and Analysis:

- Conduct thorough market research to identify trends, competitors, and potential opportunities within the insurance industry.
- Analyse market data and customer insights to develop strategies for penetrating new markets and expanding existing ones.

Business Development Strategy:

- Develop and implement effective business development strategies to achieve growth objectives and increase market share.
- Identify key target segments and devise tailored approaches to attract new clients and partners.
- Evaluate potential partnerships, alliances, and acquisition opportunities to enhance our competitive position.

Client Relationship Management:

- Build and maintain strong relationships with existing clients to ensure satisfaction and retention.
- Prospect and engage with new clients, understanding their needs, and offering customised solutions to address their challenges.
- Act as a trusted advisor to clients, providing expert guidance on insurance products and services.

Sales Enablement:

- Collaborate with the sales team to develop compelling sales presentations, proposals, and pitches.
- Provide training and support to sales representatives on insurance industry trends, product knowledge, and effective selling techniques.
- Assist in negotiating contracts and closing deals to meet revenue targets.

**Package on offer**:

- Basic Salary + Good commission structure
- After 3 months probation, Medical Aid and Provident Fund included

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