Executive/Senior Executive - Business Development - Life Insurance Business (1-3 yrs) Mumbai/Navi Mumbai/Thane (BFSI Sales)
Caliber Connect HR Services
Navi Mumbai, Maharashtra
Permanent
Full-time
17 days ago
Job Description:Key Responsibilities:- Manage branch profitability by driving business growth, revenues, and brand differentiation.- Achieve sales targets for Life Insurance / MF / Corporate Fd and Bonds and other related services.- Generate new business opportunities for Life Insurance / MF / Corporate FD and Bonds and other financial products.- Maximize branch profits through effective cost management and by achieving targeted Revenue income.- Acquire new clients by promoting financial products and services to potential customers.- Build and maintain strong relationships with existing clients by regularly visiting them to understand their needs and offer relevant solutions.- Upsell and cross-sell products to existing clients to enhance business value and maintain client satisfaction.- Drive the branchs sales targets and ensure the team works towards achieving company objectives.- Monitor individual and team performance to identify areas for improvement and take corrective actions where necessary.- Provide periodic performance reports to the Head Office, detailing sales volumes, Revenue , new clients, and any new partnerships or cross-sell tie-ups.- Oversee the day-to-day branch operations, ensuring timely opening and closing, and smooth service delivery to customers.- Ensure all services are delivered in line with company standards and client expectations.- Manage billing and collections to ensure smooth financial operations.- Prepare and send periodic reports to the Head Office, including sales progress, fee income, new business opportunities, and improvements in business plans.- Assist in implementing operational procedures and prepare MIS reports on a periodic basis.- Research industry trends, market conditions, SEBI updates, and competitor activities to identify new business opportunities and keep the branch competitive.- Actively seek innovative solutions and ideas to enhance the branchs business development strategies.- Ensure the security and safety of the branchs physical assets.Requirements:- Experience: 1+ years of experience in business development, preferably in financial services or related fields.- Proven track record in sales and client acquisition, with a strong ability to upsell and cross-sell financial products.- Excellent leadership skills with the ability to drive teams to achieve sales and business goals.- Strong relationship management and client servicing skills.- Ability to manage branch operations efficiently and meet deadlines.- Proficient in preparing MIS reports, sales contracts, and performance tracking.- Master's or Bachelors degree in Business, Finance, or a related field.- An MBA is a plusJob Types: Full-time, Permanent (ref:updazz.com)