Business Development Officer

Bachelor's degree in Business Administration, Finance, Economics, or a related field. 3-5 years of experience in business development, sales, or related roles, preferably in insurance or financial services. Strong understanding of insurance products, regulations, and market dynamics. Proven track record of meeting or exceeding revenue targets and business development goals. Excellent communication, presentation, and negotiation skills. Proficiency in CRM systems and business analysis tools. Strong analytical and problem-solving abilities.

• Conduct comprehensive market research to identify emerging opportunities, competitive landscapes, and industry trends.
• Develop and implement strategic business development plans to achieve revenue growth targets.
• Analyze market segments and customer needs to recommend new product offerings or service enhancements.
• Create detailed business cases and proposals for new market entry or expansion initiatives.
• Build and maintain strong relationships with key stakeholders, including brokers, agents, corporate clients, and strategic partners.
• Identify and establish strategic partnerships with complementary businesses, distribution channels, and technology providers.
• Negotiate partnership agreements and manage ongoing relationships to maximize mutual benefits.
• Collaborate with underwriting teams to structure competitive proposals and solutions.