Business Development Associate
Job details
Who Are We? BimaKavach is a one-stop business insurance platform that helps safeguard business risks across various sectors. We’re innovating across the value chain to insure MSMEs and upstarts in India. Backed by prominent investors like Waterbridge, Blume, Arali, and Eximus, we currently serve over 2,500 companies, including notable names such as BSNL, Panasonic, and Clevertap. Position overview: Business Development Associate We’re on the lookout for a driven and experienced Business Development Associate to join our team! If you’re passionate about building relationships and creating growth opportunities, we want to hear from you. Key Responsibilities:
- Lead Generation: Identify and pursue potential clients in the insurance industry, focusing on our Ideal Customer Profile (ICP).
- Relationship Building: Develop and maintain strong relationships with key stakeholders, acting as a trusted advisor and primary point of contact.
- Market Research: Conduct research on industry trends and competitive landscape, providing insights that help shape business development strategies.
- Client Needs Assessment: Identify client needs and recommend suitable products or solutions to meet their insurance requirements.
- Cross-Functional Collaboration: Work closely with sales, product, and operations teams to ensure alignment on business development initiatives and overall company goals.
- Reporting & Analysis: Track and report on business development activities, analyzing data to optimize performance and improve results.
- Education: Bachelor’s degree in Business, Marketing, Insurance, or a related field.
- Experience: 2+ years in business development, sales, or account management within the insurance sector.
- Insurance Knowledge: Strong understanding of insurance products and market dynamics; knowledge of industry regulations is a plus.
- Sales Skills: Proven track record of meeting sales targets and driving revenue.
- Communication: Strong verbal and written communication skills, with the ability to engage and influence clients and stakeholders.
- Analytical Thinking: Ability to analyze data and market trends to guide strategy and decision-making.
- Tech-Savvy: Comfortable using CRM tools, MS Office, and other digital tools relevant to business development.
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