Role Overview
As a Business Development Manager, your primary focus will be acquiring new clients and driving sales of financial productsincluding investment and insurance solutions.
You’ll be on the front-line meeting prospects, pitching solutions, and converting them into paying clients.
Key Responsibilities
· Identify and approach potential clients through field activity, referrals, and networking.
· Drive sales by meeting 8 clients daily and generate lead/ referrals using prospect onboarding forms/ feedback forms.
· Retrieve, verify and digitize legacy policy details using the MWEC technique.
· Pitch financial products (insurance, investment plans, etc.), handle objections and close deals effectively .
· Complete onboarding: proposal forms, documentation, medical scheduling, and digital submissions.
· Track renewals; issue premium reminders; reduce lapse ratios; manage endorsements.
· Provide claims assistance, documentation guidance, insurer coordination, and status tracking.
· Maintain accurate daily reporting and CRM hygiene (meetings, notes, documents).
· Uphold regulatory compliance (KYC, AML, disclosures) and SmartFP process standards.
· Participate in monthly knowledge checks, product trainings and team reviews.
Qualifications & Skills
· Graduates (any stream)
· 0–2 years’ experience in Sales in financial service industry (Freshers are welcome)
· Excellent communication and interpersonal skills
· Target driven and competitive mindset
· High energy and willingness to be on the field
Compensation & Benefits:
Annual CTC
· > ₹1.8 LPA (As per calibre)
Incentives
· Uncapped performance incentives
· High earning potential based on closures
Work Benefits
· Financial product and sales training
· On-ground support from managers
· Proven sales scripts and processes
· Sponsored monthly themed celebrations/ events/ trips
Work Culture
· Location: Lower Parel West, Mumbai
· 6‑day work week | 09:00 AM – 06:00 PM
· Holidays: As per bank holidays
· Formal dress code; strong emphasis on punctuality and professionalism
Growth Path
Business Development Manager → Senior BDM → Team Leader → Manager → Area Manager (Sales)
Job Types: Full-time, Permanent, Fresher
Pay: ₹15,000.00 - ₹25,000.00 per month
Benefits:
- Cell phone reimbursement
- Paid sick time
Language:
Willingness to travel:
Work Location: In person
