Business Development Manager - Insurance Broking
Posted on :
05-07-2024
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
05-07-2024
Job Description
Position Title: Business Development Manager Insurance Broking
Work Setup: Work From Home
Salary: Php 65000.00 Php 75000.00
Schedule: Monday to Friday 6:00 AM 3:00 PM PH Time
Join us as a Business Development Manager Insurance Broking! Our client is a dedicated team of professionals that specialize in delivering unique customized and innovative insurance solutions for you and your business. Their goal with each and every client is to develop ongoing relationships that add value to your individual circumstances with superior results and maximum service.
JOB DESCRIPTION FOR A BUSINESS DEVELOPMENT MANAGER INSURANCE BROKING
Responsibilities as a Business Development Manager Insurance Broking:
Planning & Implementation of the marketing plans in lines of property liability employee benefits insurance programs and specialty lines. This position also involves understanding the clients industry to provide them with best solutions related to corporate Insurance program.
Be the eyes and ears in the market and constantly be in touch with updates in the insurance industry.
Conceptualize new initiatives for increasing sales and top of mind recall amongst potential corporate clients and to leverage Prudents brand.
Identify marketing opportunities by studying clients requirement; defining market competitors share and competitors strengths and weaknesses; forecasting projected business; establishing targeted market share.
Creating a database or prospective clients. Maintaining constant touch with them by identifying key stakeholder and decision makers on corporate Insurance program.
Sustain rapport with key accounts by making periodic visits; exploring specific needs; anticipate new opportunities.
Update knowledge by participating in programs on Insurance mandated by IRDA; reading professional publications; maintaining personal networks; participating in professional organizations; attending training programs.
Understanding the prospect/clients 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.
Sending the proposal form to insurance companies to procure quotations.
Making comparison of the terms in the quotations received from the various insurance companies.
Negotiating the terms and conditions received from the insurers to meet the clients requirements.
Meeting the prospect/client with the recommendation of cover.
Crossverification of the policy terms and conditions.
Servicing Team on the account to ensure timely endorsement issuance report issuance and advocating on behalf of the client at the time of claim or any other requirements.
Qualifications as a Business Development Manager Insurance Broking:
Minimum of 5 years experience Business Development role or equivalent in insurance broking industry with a proven track record of achievement in exceeding targets
The candidates should have completed the IRDAmandated 100 hours of brokers training or similar one and have passed the examination.
Experience with using Winbeat software.
Selfmotivated selfdirected mature ambitious intelligent articulate and knowledgeable
Proven ability to do consultative and concept selling
You should have excellent English communication skills both written and oral is a must.
You should be proactive and solution oriented and be ambitious to accelerate your career growth.
Ability to study and analyze an insurance contract summarize coverage and advise its suitability to a client
Proficiency in Microsoft Office and ability to learn new software applications with ease.
Your love for Boomering will jumpstart with these meaningful engagement activities and perks. Using the concepts and tools of EOS (Entrepreneurial Operating System) Boomering provides a fun rewarding and stimulating environment where worklife balance meets a commitment to foster growth.
Genuinely caring Leadership Team
Competitive salary package
Companyprovided full setup for desktop/laptop with a backup internet
Free preemployment Medical Assessment (T&C apply)
HMO on the first day of hire
15 Vacation Leaves and 5 Sick Leaves
Annual Performance Reviews
Unlimited Employee Referral Incentives
Employee Loan Facilities
Social Clubs and Interest Workshops
Company events where you get a chance to win amazing prizes and be rewarded for your outstanding performance.
Statutory Benefits: Maternity Paternity and Solo Parent Leaves Magna Carta for Women Retirement Benefits OT and Premium Pays
About Boomering:
Boomering is an ISOcertified leading BPO company in Clark Freeport Zone Pampanga.
Our mission to Enrich Client and Staff Lives through Simple and Smart Offshoring Solutions and our S.T.E.P. Core Values (Service Transparency Excellence and Partnership) are the framers of our continuing success.
Providing equal opportunities and collaborative culture of excellence Boomering is not just your average BPO. We are here to make a difference.
Futureproof your career and pursue your passion with Boomering! We want career thrillseekers who are committed to growth as much as we are.
Website: boomering.ph
Career Portal:
Facebook and LinkedIn: Boomering Inc.; Boomering Careers
Work Setup: Work From Home
Salary: Php 65000.00 Php 75000.00
Schedule: Monday to Friday 6:00 AM 3:00 PM PH Time
Join us as a Business Development Manager Insurance Broking! Our client is a dedicated team of professionals that specialize in delivering unique customized and innovative insurance solutions for you and your business. Their goal with each and every client is to develop ongoing relationships that add value to your individual circumstances with superior results and maximum service.
JOB DESCRIPTION FOR A BUSINESS DEVELOPMENT MANAGER INSURANCE BROKING
Responsibilities as a Business Development Manager Insurance Broking:
Planning & Implementation of the marketing plans in lines of property liability employee benefits insurance programs and specialty lines. This position also involves understanding the clients industry to provide them with best solutions related to corporate Insurance program.
Be the eyes and ears in the market and constantly be in touch with updates in the insurance industry.
Conceptualize new initiatives for increasing sales and top of mind recall amongst potential corporate clients and to leverage Prudents brand.
Identify marketing opportunities by studying clients requirement; defining market competitors share and competitors strengths and weaknesses; forecasting projected business; establishing targeted market share.
Creating a database or prospective clients. Maintaining constant touch with them by identifying key stakeholder and decision makers on corporate Insurance program.
Sustain rapport with key accounts by making periodic visits; exploring specific needs; anticipate new opportunities.
Update knowledge by participating in programs on Insurance mandated by IRDA; reading professional publications; maintaining personal networks; participating in professional organizations; attending training programs.
Understanding the prospect/clients 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.
Sending the proposal form to insurance companies to procure quotations.
Making comparison of the terms in the quotations received from the various insurance companies.
Negotiating the terms and conditions received from the insurers to meet the clients requirements.
Meeting the prospect/client with the recommendation of cover.
Crossverification of the policy terms and conditions.
Servicing Team on the account to ensure timely endorsement issuance report issuance and advocating on behalf of the client at the time of claim or any other requirements.
Qualifications as a Business Development Manager Insurance Broking:
Minimum of 5 years experience Business Development role or equivalent in insurance broking industry with a proven track record of achievement in exceeding targets
The candidates should have completed the IRDAmandated 100 hours of brokers training or similar one and have passed the examination.
Experience with using Winbeat software.
Selfmotivated selfdirected mature ambitious intelligent articulate and knowledgeable
Proven ability to do consultative and concept selling
You should have excellent English communication skills both written and oral is a must.
You should be proactive and solution oriented and be ambitious to accelerate your career growth.
Ability to study and analyze an insurance contract summarize coverage and advise its suitability to a client
Proficiency in Microsoft Office and ability to learn new software applications with ease.
Your love for Boomering will jumpstart with these meaningful engagement activities and perks. Using the concepts and tools of EOS (Entrepreneurial Operating System) Boomering provides a fun rewarding and stimulating environment where worklife balance meets a commitment to foster growth.
Genuinely caring Leadership Team
Competitive salary package
Companyprovided full setup for desktop/laptop with a backup internet
Free preemployment Medical Assessment (T&C apply)
HMO on the first day of hire
15 Vacation Leaves and 5 Sick Leaves
Annual Performance Reviews
Unlimited Employee Referral Incentives
Employee Loan Facilities
Social Clubs and Interest Workshops
Company events where you get a chance to win amazing prizes and be rewarded for your outstanding performance.
Statutory Benefits: Maternity Paternity and Solo Parent Leaves Magna Carta for Women Retirement Benefits OT and Premium Pays
About Boomering:
Boomering is an ISOcertified leading BPO company in Clark Freeport Zone Pampanga.
Our mission to Enrich Client and Staff Lives through Simple and Smart Offshoring Solutions and our S.T.E.P. Core Values (Service Transparency Excellence and Partnership) are the framers of our continuing success.
Providing equal opportunities and collaborative culture of excellence Boomering is not just your average BPO. We are here to make a difference.
Futureproof your career and pursue your passion with Boomering! We want career thrillseekers who are committed to growth as much as we are.
Website: boomering.ph
Career Portal:
Facebook and LinkedIn: Boomering Inc.; Boomering Careers
Employment Type
Full Time
Key Skills
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