Business Development Manager

Description
WE ARE HIRING

We are inviting applications from suitably qualified candidates to fill the position below.

Business Development Manager

Duties and Responsibilities
The incumbent will report directly to the Managing Director and will perform the following duties, among others:

* Develop and execute business acquisition, retention, and expansion strategies in liaison with the Managing Director.
* Conduct market research, analyse trends, and identify competitive advantages to inform strategic planning.
* Identify new markets, regions, and opportunities for business growth in line with set targets.
* Develop, review, and enhance products and marketing strategies to maintain competitiveness.
* Monitor industry trends, competitor activity, and regulatory changes to guide business decisions.
* Build and maintain strong relationships with key clients, brokers, and stakeholders.
* Represent the company at industry events to strengthen networks and gather market feedback.
* Lead contract negotiations (terms, pricing, agreements) in collaboration with underwriting teams.
* Formulate and manage the business development budget.
* Establish KPIs, generate sales pipeline/revenue reports, and provide insights to management.
* Prepare and submit monthly Marketing Reports and quarterly Board Reports.

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Qualifications and Experience
Qualifications, Experience and Competencies

* Degree in Insurance, Finance, or a related field; professional insurance qualification.
* 10+ years of experience, including 3 years in management.
* Strong strategic planning, negotiation, financial acumen, leadership, and communication skills.
* Results-driven, innovative, and able to perform under pressure.

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