Company Description Magnum Insurance Broking Private Limited, established in 2013, is a leading name in the Indian insurance market with an IRDA license. The company offers a diverse range of general and life insurance products from esteemed providers, focusing on customer service and comprehensive solutions. Magnum Insurance Broking recently received the Best Customer Service award, highlighting its dedication to excellence and customer satisfaction. Position Overview: Magnum Insurance Broker is seeking a dynamic and experienced Vice President – Direct Sales to lead our direct sales division. The ideal candidate will be responsible for driving business growth by acquiring and managing corporate clients, with a focus on non-motor and corporate insurance solutions. This role requires strong leadership, strategic thinking, excellent communication skills, and a deep understanding of the insurance industry. Key Responsibilities: Lead and oversee the direct sales team to achieve business targets and expand the client base. Identify, approach, and convert corporate clients, including CFOs, directors, and key managerial personnel. Develop and execute strategic sales plans to penetrate new markets and strengthen existing relationships. Conduct regular corporate visits to build rapport, understand client requirements, and promote insurance products. Present and explain complex insurance solutions clearly and persuasively to senior decision-makers. Negotiate policies and terms confidently to maximize sales and ensure customer satisfaction. Maintain a comprehensive knowledge of non-motor and corporate insurance products, market trends, and competitors. Monitor sales performance, prepare reports, and analyze metrics to improve effectiveness. Collaborate with marketing and other internal teams to develop promotional strategies. Ensure compliance with regulatory requirements and company policies. Qualifications & Skills: Proven experience in corporate insurance sales, preferably in a leadership role. In-depth knowledge of non-motor and corporate insurance products. Strong presentation, negotiation, and convincing skills. Excellent interpersonal and relationship management abilities. Confident personality with a professional demeanor. Ability to work independently, travel daily to client locations, and meet deadlines. Bachelor’s degree in Business, Marketing, Insurance, or related field; a relevant professional certification is a plus. Why Join Magnum Insurance Broker? Competitive compensation package and performance incentives. Dynamic work environment with growth opportunities. Opportunity to lead a dedicated sales team and make a significant impact. Show more Show less
Company Description Since our inception in 2013, Magnum Insurance Broking has steadily emerged as a leading name in the Indian insurance market, recognized for our commitment to customer service and comprehensive insurance solutions. With an IRDA license, we offer a diverse range of general and life insurance products from esteemed providers to meet the unique needs of our varied clientele. Awarded for Best Customer Service, we pride ourselves on our customer-centric approach and strong industry expertise. Our innovative methods and dedication to excellence place us as a trusted partner in the insurance landscape. Role Description Key Responsibilities: Develop and execute innovative marketing and sales strategies to grow the property insurance portfolio in Nagpur and surrounding regions. Lead the end-to-end sales process, building strong relationships with corporate clients. Utilize technical underwriting knowledge to tailor insurance solutions that meet client needs while maintaining profitability. Drive brand visibility and positioning in the regional market through targeted campaigns and networking. Collaborate with underwriting and product teams to develop customized insurance products and offers. Analyze market trends, customer behavior, and competitor activity to identify new opportunities. Lead, motivate, and develop the sales team to meet and exceed targets. Ensure compliance with regulatory requirements and company policies. Qualifications & Experience: 10+ years of experience in property insurance sales, marketing, or business development. Strong background in technical underwriting and risk assessment is highly desirable. Proven track record of achieving and exceeding sales goals in a competitive environment. Excellent leadership, negotiation, and communication skills. Deep understanding of the Nagpur regional market dynamics. Bachelor’s degree in Insurance, Business, Marketing, Finance, or a related field; advanced degrees or certifications are a plus. Kindly Note : ##Must be from insurance broking firms or General insurance . Others please do note apply
As a leading name in the Indian insurance market, recognized for our commitment to customer service and comprehensive insurance solutions, Magnum Insurance Broking has been serving a varied clientele since 2013. With an IRDA license, we provide a diverse range of general and life insurance products from esteemed providers, placing us as a trusted partner in the insurance landscape. Awarded for Best Customer Service, we pride ourselves on our customer-centric approach and strong industry expertise. Your role at Magnum Insurance Broking would involve developing and executing innovative marketing and sales strategies to grow the property insurance portfolio in Nagpur and surrounding regions. You will be responsible for leading the end-to-end sales process, building strong relationships with corporate clients, and utilizing technical underwriting knowledge to tailor insurance solutions that meet client needs while ensuring profitability. Driving brand visibility and positioning in the regional market through targeted campaigns and networking will be key aspects of your role. You will also collaborate with underwriting and product teams to develop customized insurance products and offers, analyze market trends, customer behavior, and competitor activity to identify new opportunities, and lead, motivate, and develop the sales team to meet and exceed targets. Ensuring compliance with regulatory requirements and company policies will be essential. To excel in this role, you should have 10+ years of experience in property insurance sales, marketing, or business development, with a strong background in technical underwriting and risk assessment being highly desirable. A proven track record of achieving and exceeding sales goals in a competitive environment, excellent leadership, negotiation, and communication skills, a deep understanding of the Nagpur regional market dynamics, and a bachelor's degree in Insurance, Business, Marketing, Finance, or a related field are required. Advanced degrees or certifications would be a plus. Please note that candidates must have experience in insurance broking firms or general insurance to be considered for this position.,
Company Description Magnum Insurance Broking, since its inception in 2013, has become a prominent name in the Indian insurance market, recognized for its dedication to customer service and comprehensive insurance solutions. We hold an IRDA license, offering a wide range of general and life insurance products from various esteemed providers to meet the unique needs of our clientele. Recently awarded for Best Customer Service, we take pride in our commitment to customer satisfaction and fostering lasting relationships. Our industry expertise, innovative approaches, and customer-centric focus distinguish us within the insurance landscape. Role Description This is a full-time on-site role for a Vice President of Business Development located in Nagpur. The Vice President will be responsible for overseeing and driving new business development initiatives, crafting strategic business plans, and engaging in contract negotiation. This role also includes managing sales processes, maintaining key account relationships, and collaborating with various departments to ensure the achievement of business goals and growth objectives. Qualifications Proficiency in New Business Development and Business Planning Expertise in Contract Negotiation and Sales processes Strong skills in Account Management Excellent leadership and team collaboration skills Outstanding communication and interpersonal abilities Proven experience in the insurance industry is highly desirable Bachelor's or Master’s degree in Business Administration, Marketing, or related field Must have general insurance knowledge specialist in Non motor products. Candidate from General insurance and insurance brokers can apply.
As a Vice President of Business Development at Magnum Insurance Broking, you will play a key role in driving new business initiatives and strategic planning to achieve growth objectives. Located in Nagpur, this full-time on-site position requires proficiency in new business development, contract negotiation, and sales processes. Your responsibilities will include overseeing sales processes, managing key account relationships, and collaborating with various departments to ensure the realization of business goals. To excel in this role, you must possess strong skills in account management, exceptional leadership abilities, and effective team collaboration skills. Excellent communication and interpersonal skills are essential for fostering lasting relationships with clients and colleagues. A proven track record in the insurance industry would be advantageous for this position, along with a Bachelor's or Master's degree in Business Administration, Marketing, or a related field. Candidates with expertise in general insurance, particularly in non-motor products, are encouraged to apply. If you have a passion for business development, a commitment to customer satisfaction, and a desire to drive growth in the insurance landscape, this role offers an exciting opportunity to make a significant impact at Magnum Insurance Broking.,
As the Vice President of Insurance Sales at Magnum Insurance Broker, you will be responsible for leading and expanding our corporate client portfolio by providing comprehensive property insurance solutions tailored to client needs. You will oversee the development of risk assessment strategies, negotiate coverage terms, and ensure the delivery of exceptional service to our valued corporate clients. Your expertise will drive sales growth, foster long-term relationships, and position Magnum Insurance Broker as a trusted partner in risk management. Proven experience in corporate insurance sales, with a strong focus on property insurance and risk management. Demonstrated ability to develop and retain large corporate clients. Deep understanding of insurance products, underwriting, and the nuances of risk assessment. Excellent negotiation, communication, and interpersonal skills. Leadership experience with the ability to motivate and guide a sales team. Bachelor's degree in Insurance, Business Administration, Finance, or related field. Advanced degrees or certifications (e.g., licentiate ) are a plus. Strong analytical and problem-solving skills.
As the Vice President of Insurance Sales at Magnum Insurance Broker, you will play a critical role in leading and expanding our corporate client portfolio with a focus on providing tailored property insurance solutions. Your responsibilities will include developing risk assessment strategies, negotiating coverage terms, and ensuring the delivery of exceptional service to our corporate clients. Your expertise in corporate insurance sales, particularly in property insurance and risk management, will be key to driving sales growth and fostering long-term relationships. Key qualifications for this role include proven experience in corporate insurance sales, a demonstrated ability to develop and retain large corporate clients, and a deep understanding of insurance products, underwriting, and risk assessment. Strong negotiation, communication, and interpersonal skills are essential, as is the ability to lead and motivate a sales team effectively. Candidates for this position should hold a Bachelor's degree in Insurance, Business Administration, Finance, or a related field. Advanced degrees or certifications, such as a licentiate, are considered a plus. Additionally, strong analytical and problem-solving skills will be valuable assets in this role.,
You will be working at Magnum Insurance Broking Private Limited, a renowned Indian insurance broker known for offering a wide range of general and life insurance products from top providers. Our dedication to customer service and comprehensive solutions has earned us the prestigious Best Customer Service award, showcasing our commitment to excellence and customer satisfaction. In this role, you will be responsible for Business Development, which includes identifying and engaging new clients in the market directly, as well as focusing on acquiring SME and corporate clients by understanding their specific insurance requirements. Your role will also involve having a deep understanding of various insurance products such as Fire and Burglary Insurance, Workers" Compensation Insurance, Marine Insurance, and customized insurance products tailored to meet client needs. You will be expected to possess excellent Presentation Skills to effectively communicate the value of insurance products and deliver compelling presentations to potential clients. Additionally, strong Closing Skills will be necessary to secure contracts and achieve sales targets. Market Awareness is crucial, requiring you to stay updated on industry trends, competitor offerings, and regulatory changes that could impact clients and their insurance needs. Relationship Management is another key aspect of the role, involving building and maintaining strong client relationships to ensure high levels of customer satisfaction and retention. Collaboration with underwriting and claims departments will be essential to provide a seamless client experience. The ideal candidate should have a proven track record in sales within the insurance sector, particularly with direct business sourcing. Excellent communication skills, both verbal and written, are essential for effective presentations and negotiations. Analytical Skills are also required to assess client needs and tailor proposals accordingly. Additionally, Leadership skills will be beneficial to lead and motivate a sales team, fostering a high-performance culture. Personal attributes should include a Proactive Attitude, demonstrating a willingness to engage directly with the market and clients, and being Results-Driven with a focus on achieving sales goals and targets through a strong work ethic.,
As a Vice President of Direct Sales at Magnum Insurance Broking Private Limited, your role will involve leading the direct sales division to drive business growth by acquiring and managing corporate clients. You will focus on non-motor and corporate insurance solutions, requiring strong leadership, strategic thinking, excellent communication skills, and a deep understanding of the insurance industry. Your key responsibilities will include leading and overseeing the direct sales team, identifying and converting corporate clients, developing strategic sales plans, conducting corporate visits, presenting insurance solutions to decision-makers, negotiating policies, and monitoring sales performance. Collaboration with internal teams, maintaining knowledge of insurance products and market trends, and ensuring compliance with regulatory requirements are also crucial aspects of the role. To excel in this position, you should have proven experience in corporate insurance sales, in-depth knowledge of non-motor and corporate insurance products, strong presentation and negotiation skills, excellent interpersonal abilities, and the ability to work independently while meeting deadlines. A bachelor's degree in Business, Marketing, Insurance, or a related field is required, with a relevant professional certification being a plus. Joining Magnum Insurance Broker offers you a competitive compensation package, performance incentives, a dynamic work environment with growth opportunities, and the chance to lead a dedicated sales team and make a significant impact in the industry.,