We are seeking a highly motivated and results-driven Business Development Executive to join our expanding team in Surat. This role is ideal for recent B.Com or MBA graduates who are eager to launch a challenging and rewarding career in the insurance and financial services industry. The primary focus will be on acquiring new clients, managing existing relationships, and driving revenue growth within the assigned local territory.
Key Responsibilities
- Client Acquisition & Sales:
- Actively prospect, identify, and close new business opportunities for various insurance products (e.g., Life, Health, General) within the Surat market.
- Conduct needs analysis with potential clients to recommend and customize optimal insurance solutions.
- Achieve and exceed monthly, quarterly, and annual sales targets and Key Performance Indicators (KPIs).
- Relationship Management:
- Build and maintain strong, long-lasting relationships with clients, providing exceptional service and regular portfolio reviews.
- Act as a point of contact for clients, resolving issues and queries efficiently to ensure high retention rates and satisfaction.
- Market Strategy & Execution:
- Stay updated on industry trends, competitor activities, and regulatory changes in the insurance sector.
- Execute localized marketing and sales campaigns tailored to the specific demographics and business environment of Surat.
- Prepare and present accurate sales reports, forecasts, and performance data to management.
- Compliance & Ethics:
- Ensure all sales activities and documentation adhere strictly to company policies and regulatory guidelines (IRDAI).
Qualifications
- Education: Bachelor’s degree in Commerce (B.Com) or a Master’s degree in Business Administration (MBA preferred).
- Experience: 0–2 years of experience in sales, business development, or customer-facing roles. Fresh graduates are highly encouraged to apply.
- Local Knowledge: Must have a strong understanding of the Surat market and be proficient in local languages (e.g., Gujarati, Hindi) for effective communication.
Required Skills and Attributes
- Communication: Excellent verbal and written communication and presentation skills.
- Negotiation: Proven ability to negotiate effectively and influence decision-makers.
- Self-Driven: High levels of energy, enthusiasm, and a strong goal-oriented mindset.
- Analytical Ability: Ability to analyze financial data and complex insurance products to advise clients effectively.
- Resilience: Ability to handle pressure and rejection common in a sales environment.
Compensation and Benefits
- Competitive base salary plus uncapped performance-based incentives and commissions.
- Comprehensive health and life insurance coverage.
- Structured onboarding and continuous professional development programs.
- Opportunities for rapid career progression into leadership roles.
Pay: ₹26,097.27 - ₹29,243.23 per month
Benefits:
- Cell phone reimbursement
- Paid sick time
- Paid time off
Work Location: In person
