Role & responsibilities
- Strategic Growth & Sales Execution:
- Develop and execute comprehensive business development strategies to expand our TPA market share across targeted segments.
- Take ownership of the complete sales lifecyclefrom prospecting and initial outreach to pitch presentations, RFP responses, contract negotiations, and seamless onboarding handoffs.
- Pipeline & Account Acquisition:
- Identify, cultivate, and close new business opportunities for TPA services, including medical/health claims processing, wellness programs, network hospital empanelment and occupational health/workers' comp administration.
- Meet and exceed aggressive annual gross margin and revenue targets.
- Channel & Broker Relationship Management:
- Build, nurture, and leverage strategic relationships with key insurance brokers, benefits consultants, and employee benefit advisors who act as primary gatekeepers to corporate clients.
- Market Intelligence & Product Feedback:
- Monitor competitor landscape, pricing trends, and regulatory changes (e.g., healthcare mandates, compliance requirements) affecting the TPA and insurance ecosystem.
- Collaborate internally with operations, IT,
and claims teams to ensure custom solutions proposed to clients are operationally viable and technologically supported.
- Team Collaboration & Reporting:
- Maintain accurate pipeline tracking and forecasting
- Provide regular strategic updates and revenue forecasts to the executive leadership team.
Education:
Bachelors degree in Business Administration, Healthcare Management, Marketing, or a related field. An MBA or relevant insurance/healthcare certification is a strong plus.
Experience:
Minimum of 8 to 12 years of total corporate experience, with at least 5+ years specifically in Business Development or Sales within the TPA, Health Insurance sector.
Preferred candidate profile
- Exceptional contract negotiation and complex proposal-writing skills.
- Solid financial acumen capable of understanding pricing models, capitation, fee-for-service structures, and margin analysis.
- Outstanding communication, executive presence and presentation capabilities.
Interested candidates can share their updated resume to
[email protected]
📌 Hiring: Sr Manager/AVP- Business Development (Mumbai)
🏢 MDIndia
📍 Mumbai