Business Development Manager - SBI Bank

Business Development Manager - Banca

Job Summary:

The Business Development Manager - Banca at SBI Life Insurance plays a critical role in driving business growth by developing and nurturing relationships with bank partners. This position is key to enhancing sales performance and expanding market reach, directly impacting the organization's success and customer satisfaction in Gujarat.

Key Responsibilities:

• Develop and implement effective business development strategies to maximize sales in the banca channel.
• Collaborate with bank partners to promote SBI Life Insurance products and achieve sales targets.
• Conduct training sessions for bank staff to enhance product knowledge and increase sales effectiveness.
• Monitor market trends and competitor activities to identify opportunities for business growth.
• Analyze sales performance data and generate reports to present insights and recommendations to senior management.
• Build and maintain strong relationships with key stakeholders in the banking sector.
• Organize and participate in promotional activities and events to enhance brand visibility and sales outreach.

Requirements:

• Bachelor’s degree in Business Administration, Finance, or a related field.
• Minimum 3 years of experience in sales/business development, preferably in the insurance or banking sector.
• Strong understanding of banking products and financial markets.
• Exceptional communication and interpersonal skills to effectively engage with partners and clients.
• Proven track record of meeting or exceeding sales targets and driving growth.
• Analytical mindset with the ability to interpret sales data and create actionable plans.
• Proficiency in MS Office Suite and CRM software.

Preferred Qualifications:

• Master's degree in Business Administration or related field.
• Experience in working with bancassurance channels and understanding their operational dynamics.
• Strong networking skills and established connections within banking institutions.
• Knowledge of regulatory compliance and industry standards in insurance.

Benefits:

• Competitive salary with performance-based incentives.
• Comprehensive health and wellness benefits for employees and their families.
• Opportunity for career growth and professional development through training programs.
• Flexible working hours and a supportive work culture.
• Employee stock ownership options and retirement savings plans.
• Regular team building and company-sponsored events.
• Access to employee discounts and perks on SBI Life Insurance products.

```