Business Development Manager (BDM) (India)

Business Development Manager (BDM) (India)

05 Aug
|
Hiring Mavericks
|
India

05 Aug

Hiring Mavericks

India

Position Title: Front Line Sales (Business Development Executive/Business Development

Manager/Sr. Business Development Manager/Branch Sales Manager/Channel Sales Manager)

– Fixed Deposits, Life Insurance, General Insurance & Cross-selling other Financial Products like

Mutual Funds

Location:

Reports to: Assistant Unit Head/ Unit Head/ Sr. Unit Head

Key Responsibilities:

 Sales Leadership & Target Achievement

o Drive assigned targets for acquiring Fixed Deposits and selling insurance

products both life & general

o Monitor performance and ensure achievement of premium and persistency

targets

o Own and deliver location-specific KPIs including market share, productivity, and

activation

 Team Management

o Lead, coach and mentor team of Business Associates

o Build a high-performance culture with a focus on accountability and skill

development of the business associates

o Keep driving performance culture through regular interactions and providing

market and product updates

o Set goals, review performance of BA’s

 Channel Development

o Build and strengthen multi-channel distribution model through Agency Model

as well as direct sales

o Manage key partner relationships and drive joint business planning with

channel heads





 Agency Channel Development

o Expand agency base by recruiting high-quality advisors

o Drive agency leader productivity through regular engagement, mentoring, and

rewards

o Promote a performance-based culture with strong career progression

 Compliance & Process Adherence

o Ensure adherence to regulatory, operational and company policies

 Market Intelligence

o Gather and analyse competitive insights and market trends to drive regional

strategies

o Recommend product/market fit improvements and promotional strategies

Key Skills & Competencies:

 Robust communication and negotiation skills

 Data-driven decision-making

 Customer-centric mind-set

 Good product understanding

 Good sales and negotiation skills

 High focus on governance, quality and agent retention

 Strategic thinking with local market execution ability

Qualifications & Experience:

 Minimum Graduate/Postgraduate with 1 year to 8 years of sales experience in

insurance (Life/Health), Fixed Deposits, Pharma or Retail industry

Pay: ₹250,000.00 - ₹500,000.00 per year

Work Location: In person

📌 Business Development Manager (BDM) (India)
🏢 Hiring Mavericks
📍 India

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