Business Development Manager

Job Title: Business Development Manager

Department: Agency Sales

Industry: BFSI / Life Insurance

Experience Required: 2–5 Years

Age Criteria: 18–45 Years

Employment Type: Full-Time

Job Location: Hyderabad

Job Summary

We are hiring an Business Development Manager to drive agency sales by recruiting, developing, and activating insurance agents. The candidate will be responsible for achieving business targets, improving agent productivity, building a strong agent network, and ensuring excellent customer service.

Key Responsibilities

1. Agent Recruitment

• Recruit quality insurance agents and build a strong agent pipeline.
• Generate new agent references through existing agents and other sourcing channels.
• Conduct career seminars and meetings to attract potential agents.
• Follow company recruitment procedures and hiring guidelines.

2. Agent Training & Development

• Train and guide agents on insurance products, sales processes, and customer handling.
• Improve agents’ prospecting, calling, and selling skills.
• Help agents plan their daily activities and achieve their sales goals.
• Identify training needs and coordinate with trainers for skill development.

3. Business Development & Target Achievement

• Achieve monthly, quarterly, and annual business targets.
• Improve agent productivity, activation, and policy persistency.
• Ensure the required product mix and compliance with company sales guidelines.
• Regularly monitor agent performance and motivate agents to achieve targets.

4. Customer Relationship Management

• Maintain high standards of customer service and customer satisfaction.
• Build long-term customer relationships through ethical sales practices.
• Conduct periodic customer meetings to understand their needs.
• Ensure customer queries and concerns are resolved within company standards.

5. Agent Engagement

• Keep agents motivated through regular communication and performance reviews.
• Communicate recognition and reward programmes to agents.
• Encourage high-performing agents to achieve milestones such as MDRT and other company recognition programmes.

Eligibility Criteria

• Minimum 2 years of sales experience.
• Must have completed at least 6 months in the current/last organisation.
• Candidates should have experience in BFSI, life insurance, or a structured sales organisation.
• Age should be between 18 and 45 years.
• Should not have more than 2 job changes in the last 12 months.
• Must have been residing in the applied job location for at least 1 year.
• Good communication, relationship-building, and team-handling skills.
• Target-oriented with a strong interest in sales and business development.

Key Skills Required

• Sales & Business Development
• Insurance Sales
• Agent Recruitment
• Team Building
• Relationship Management
• Customer Service
• Business Target Achievement
• Communication & Negotiation Skills

Interested candidates can apply now!