Business Development Officer

3 days ago


Metro Manila, Philippines Guevent Insurance Broker Corporation (GIBCO) Full time

Job Summary: We are seeking a motivated and experienced individual for the role of Business Development Officer for our Insurance Brokerage. The role entails developing new business opportunities, building, and maintaining client relationships, and promoting insurance solutions and services. This role requires strong communication skills, sales acumen, and a deep understanding of the insurance industry.

Responsibilities:

Identify and target potential clients through prospecting, networking, and other business development strategies.Build and maintain client relationships to understand their business, identify their risks, and provide insurable solutions.Educate clients on various business risks and the corresponding insurance solutions and services offered by the company.Prepare and present proposals to clients, outlining coverage and terms, and emphasizing value of solutions and services offered.Close deals,  new businesses and renew existing contracts.Negotiate terms and conditions with partners in accordance to the best interests of clients.Stay updated on industry trends, market conditions, and competitors to provide valuable insights and recommendations on business strategies and direction.Collaborate with cross-functional teams and industry partners to ensure excellent customer service.Meet Sales targets, manage P&L, and conquer KPIs set for the role.Prepare reports and maintain accurate records of sales activities and client interactions.Participate in training programs and professional development opportunities to enhance knowledge and skills.

Qualifications:

Bachelor's Degree in Marketing, Business/Financial Management or related fieldPreferred: Passed Basic Non-Life and Life Insurance Courses under IIAPProven track record in Business Development, experience in the insurance industry is preferred.Strong sales and negotiation skills with a track record of achieving sales targets.With network or pool of clientele.Knowledge of insurance products, regulations, and industry best practices is preferred.

Technical Requirements:

Excellent marketing, sales, prospecting, and deal closing skillsRelationship ManagementDigital and Social Media Marketing skillsStrong research and analytical abilitiesExcellent communication, interpersonal, and negotiation skillsAbility to work independently and as part of a team in a fast-paced environment.Proficient in CRM software and Microsoft Office applications.

Benefits:

Competitive salary and performance-based incentives.Health insurance and retirement benefits.Training and professional development opportunities.Opportunities for career advancement and growth within the company.A dynamic and supportive work environment focused on teamwork and collaboration.

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