Freshersworld does not charge any amount for job placement. Beware of fraudsters who ask you to pay on the pretext of giving a job. Know More

Post A Job

Business Development Manager Jobs Opening in Justhr at Whitefield, Bangalore

Business Development Manager

Justhr
experience-icon 1 to 3+ Years
salary-icon Not disclosed
Expired

Posted: 01 Feb 23

Job Description

JD:
Hiring Business Development Manager for an Insurance Broking firm at Bangalore. Should have at least 1 to 5 years of experience in Business Development role in insurance broking company; proven track record of achievement in exceeding targets.

You should have excellent communication skills. You should be proactive and solution oriented and be ambitious to accelerate your career growth

Identify marketing opportunities by studying client's requirement; defining market, competitor's share, and competitor's strengths and weaknesses; forecasting projected business; establishing targeted market share.

Meeting the prospect/client with the recommendation of cover. Understanding the prospect/client's business and risk exposures.

Assisting the prospect/client in filling up detailed risk questionnaires and explaining coverage terms to them.

Making comparison of the terms in the quotations received from the various insurance companies.

Negotiating the terms and conditions received from the insurers to meet the client's requirements.

Identify marketing opportunities by studying client's requirement; defining market, competitor's share, and competitor's strengths and weaknesses; forecasting projected business; establishing targeted market share.

Creating a database or prospective clients. Maintaining constant touch with them by identifying key stakeholder and decision makers on corporate Insurance program.

Update knowledge by participating in programs on Insurance mandated by IRDA; reading professional publications; maintaining personal networks; participating in professional organizations; attending training programs.

Planning & Implementation of the marketing plans in lines of property, liability, employee benefits insurance programs, and specialty lines. This position also involves understanding the client's industry to provide them best solutions related to corporate Insurance program

Business Intelligence: Be the eyes and ears in the market and constantly be in touch with updates in the insurance industry.

Location: Bangalore
Experience: 1 to 5 years into BD and sales preferably from a re insurance company

More information about this Business Development Manager Job

Please go through the below FAQs to get all answers related to the given Business Development Manager job

  1. What are the job requirements to apply for this Business Development Manager job position?
    • Ans: A candidate must have a minimum of 1 to 3+ year experience as an Business Development Manager

  2. What is the qualification for this job?
    • Ans: The candidate can be a Graduate from any of the following: B.Com

  3. What is the hiring Process of this job?
    • Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.

  4. This Business Development Manager is a work from home job?
    • Ans: No ,its not a Work from Home Job.

  5. How many job vacancies are opening for the Business Development Manager position?
    • Ans: There are immediate 1 job openings for Business Development Manager in our Organisation.

Job Particulars

Education B.Com
Who can apply Experienced (1 to 3+ Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1677522
Locality Address Whitefield
Country India

About Company

Justhr
Jobs By Location
Others also searched for
Job & career videos
scroll-icon scroll-icon
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
scroll-icon youtube-img
ARE YOU A FRESHER? REGISTER NOW
Looking for your first Dream Job?
Update Resume
Upload Resume