Posted:2 days ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Business Development Executive at Magnum Insurance Broking Private Limited, your primary responsibilities will include: - Direct Sourcing: Identifying and engaging new clients directly in the market. - Client Acquisition: Focusing on acquiring SME and corporate clients by understanding their unique insurance needs. You will be expected to have a thorough understanding of general insurance products such as: - Fire and Burglary Insurance - Workers" Compensation Insurance - Marine Insurance - Various bespoke insurance products tailored to client needs. Your role will involve utilizing your presentation skills to effectively articulate the value of insurance products and delivering compelling presentations to potential clients. Additionally, you should possess strong closing skills to secure contracts and achieve sales targets. It is crucial to stay informed about industry trends, competitor offerings, and regulatory changes that may impact clients and their insurance requirements. Building and maintaining relationships with clients to ensure high levels of satisfaction and retention will be a key aspect of your job. Collaborating with underwriting and claims departments is essential to ensure a smooth client experience. Qualifications and Skills required for this role include: - Proven track record in sales within the insurance sector, particularly with direct business sourcing. - Excellent verbal and written communication skills. - Strong analytical skills to assess client needs and tailor proposals accordingly. - Leadership abilities to lead and motivate a sales team towards a high-performance culture. In terms of personal attributes, we are looking for individuals with a proactive attitude, a results-driven focus on achieving sales goals, and a strong work ethic. Join Magnum Insurance Broking Private Limited and be part of a leading Indian insurance broker committed to customer service excellence and comprehensive insurance solutions.,

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