Business Development Manager

July 3, 2022
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Job Description

Job Description

  • Understanding the prospect/client’s business and risk exposures.
  • Conducting Insurance Program reviews and identifying gaps.
  • Assisting the prospect/client in filling up detailed risk questionnaires and explaining coverage terms to them.
  • Making comparison of the terms in the quotations received from the various insurance companies.
  • Manage pipeline of key customers to meet and exceed growth goals and objectives
  • Effectively manage daily, weekly and monthly goals and tracking responsibilities
  • Work with underwriting to evaluate, price and propose rate and strategy on small to large market voluntary/worksite business including disability income protection, universal life, accident, hospital indemnity, critical illness and term life
  • Meeting the prospect/client with the recommendation of cover.
  • Cross verification of the policy terms and conditions.
  • Should have excellent communication skills. You should be proactive and solution oriented and be ambitious to accelerate your career growth.
  • Managing overall operations in an insurance setting.
  • Reviewing company performance to identify areas where individual employees and entire departments can improve their efficiency.
  • Connecting specifically with insurance agents to ensure that employees communicating personally with policyholders represent the company in the best light.
  • Managing collected data and creating user-friendly reports that can help executives identify company progress, regression, and any fluctuations in output.

Job Requirements

  • Business management. The ability to coordinate insurance company operations to continually accomplish goals, expand service portfolios, and assist policyholders.
  • Interpersonal communication. The ability to correspond effectively with all insurance agents, claims investigators, brokers, appraisers, executives, and other team members.
  • Problem-solving. The ability to creatively solve problems between team members, or between insurance agents and clients, before they escalate.
  • Technological proficiency. The ability to efficiently operate all necessary pieces of technology in an insurance workplace, including computers, tablets, phones, communication tools, and any online platforms or resources.
  • Organization. The ability to appropriately manage insurance organization teams and resources for the best possible applications.
  • Insurance sales. The ability to market the services of your insurance programs, exercising self-confidence to find success in all sales positions.
  • Data analysis. The ability to collect, analyze, and present data to executives in a way that they can understand and learn from.