Business Development Manager
4 weeks ago
Business Development Manager Job Description
Hire Resolve is seeking an experienced Business Development Manager to join our dynamic team in a key role. As a Business Development Manager, you will be responsible for driving business growth and establishing long-lasting relationships with clients.
Key Responsibilities:
- Conduct comprehensive market analysis to identify opportunities within the region, focusing on emerging trends and underserved segments.
- Develop a detailed sales plan outlining strategies for prospect identification, nurturing leads, and managing client relationships effectively.
- Underwrite and accept risks within delegated authority, ensuring alignment with company guidelines and achieving effective business implementation.
- Establish clear sales targets for GWP and profitability, with a focus on both growth and retention strategies for Sales.
- Track productivity levels through regular performance metrics and adjust strategies as necessary to optimize results.
- Collaborate with brokers to assess their business needs, ensuring the delivery of exceptional client service and support.
- Analyze broker business plans to identify strategic opportunities for future growth and collaboration.
- Enhance the Broker panel by fostering strong relationships and utilizing persuasive techniques to achieve business development growth targets.
- Ensure compliance with technical and operational underwriting standards and procedures, maintaining high-quality service delivery.
- Implement and monitor underwriting measures to achieve targeted loss ratios and optimal rates, adapting strategies as needed.
- Adhere to the Regional Teams Sales plan, ensuring alignment with overall business objectives and performance metrics.
- Maintain accountability for business outcomes, ensuring adherence to governance and risk management standards as per expectations and guidelines.
Requirements:
- Diploma in Sales and/or Finance
- 5 years in Short-term Insurance industry Sales experience with Management experience included
Hire Resolve offers a highly competitive salary for this role based on experience. If you are a motivated and experienced Business Development Manager looking for a new challenge, please contact us to discuss this opportunity further.
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