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Business Development Manager Group Term Life_GB_Mum (Goregaon East)

Financial services · All India

📅 08/08/2026
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Hiring a candidate for the Group Term Life (GTLI) business requiring a set combining B2B corporate sales, relationship management, and group underwriting knowledge. Job Summary We are looking for a driven, results-oriented Corporate Sales & Business Development Specialist to lead and grow our Group Term Life Insurance portfolio. You will be responsible for acquiring corporate clients, developing intermediary/broker partnerships, and managing the end-to-end sales cycle to provide competitive employee benefit solutions to businesses of all sizes. Key Responsibilities - New Business Acquisition: Prospect and acquire corporate clients, SMEs, affinity groups, and startups to generate new GTLI business. - Stakeholder Engagement: Build and maintain strategic relationships with HR Heads, Finance Directors, CXOs, and insurance brokers/consultants - Sales Pipeline Management: Drive the complete sales cycle from lead generation and need-analysis discussions to solution presentations and policy issuance - Cross-Functional Coordination: Collaborate with underwriting, actuarial, and operations teams to ensure accurate premium quoting and policy booking - Account Retention: Drive the persistency, renewal retention, and upselling of existing group accounts. Qualifications & Requirements - Experience: 46 years of demonstrated success in B2B corporate sales, employee perks, or group insurance (GTLI). - Industry Knowledge: Strong understanding of group policies, mortality risk, free cover limits (FCL), and regulatory guidelines. - Education: Bachelors or Masters degree in Business, Finance, Marketing, or a related field. - Soft Skills: Excellent negotiation, communication, and presentation skills. Capable of navigating a target-driven B2B environment independently. .
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