Summary
Mashreq is seeking a Business Development Officer to grow its insurance business in the United Arab Emirates. The role focuses on finding new leads, building client relationships, presenting and closing insurance sales, and providing post-sales support. The officer will work with the Branch Sales team, track sales activity, and meet assigned sales targets. Applicants should have at least three years of insurance sales experience, knowledge of insurance products and regulations, and fluency in English.
The posting
As published on mashreq.com. Pulled from the employer's site and shown as they wrote it.
As a Business Development Officer, you will play a crucial role in expanding our insurance business. Your primary focus will be on identifying new business opportunities, building strong relationships with clients, and delivering exceptional sales performance. You will work closely with Branch Sales team
Responsibilities
- Proactively identify and pursue new business leads to expand the insurance client base.
- Develop and maintain strong relationships with existing and potential clients to ensure customer satisfaction and loyalty.
- Conduct thorough market research and analysis to stay updated on industry trends and competitor activities.
- Prepare and deliver compelling sales presentations and proposals tailored to the needs of prospective clients.
- Negotiate and close insurance sales deals, ensuring compliance with company policies and regulations.
- Achieve and exceed monthly, quarterly, and annual sales targets as assigned by the management.
- Provide excellent customer service and post-sales support to ensure client retention and satisfaction.
- Collaborate with cross-functional teams to ensure a seamless customer experience throughout the sales process.
- Stay informed about new insurance products and services, and effectively communicate their benefits to clients.
- Maintain accurate records of sales activities, client interactions, and pipeline management.
Qualifications
- Minimum 3 years of experience in insurance sales, with a proven track record of achieving sales targets.
- Excellent communication and interpersonal skills, with the ability to build rapport and trust with clients.
- Strong negotiation and persuasive skills to effectively close sales deals.
- Demonstrated ability to work independently and manage a diverse sales pipeline.
- Proficiency in using CRM systems and sales tracking tools.
- Knowledge of insurance products, regulations, and industry best practices.
- Ability to analyze market trends and identify business opportunities.
- Excellent organizational and time management skills.
- Fluency in English, with proficiency in additional languages being an advantage.
- A proactive and results-driven approach to sales and business development.