Business Development Executive

The Position(s):

Business Development Executive (Insurance)

Your experience:

2+ years

Job Location:

Hyderabad

Role Description

This is a full-time on-site role for Sales Executive at insurancepe (Topspot Insurance Broking) in Hyderabad. As a member of our Sales Team you will be responsible for:

• Identify, prospect, and onboard new clients (individual and corporate) across life, health, motor, and general insurance lines.
• Generate and follow up on leads through networking, referrals, cold outreach, digital channels, and market research.
• Meet and exceed assigned sales targets and revenue goals on a monthly/quarterly basis.
• Build and maintain strong relationships with prospective and existing clients to drive retention, renewals, and cross-sell/up-sell opportunities.
• Understand client risk profiles and coverage needs to recommend suitable insurance solutions in coordination with the underwriting/advisory team.
• Serve as a point of contact for clients during the pre-sales cycle, ensuring a smooth handover to servicing/operations post-conversion.
• Stay updated on insurance products, market trends, insurer offerings, and regulatory changes to effectively position insurancepe's solutions.
• Represent insurancepe at industry events, client meetings, and networking forums to build the company's market presence.
• Maintain accurate records of leads, pipeline status, and client interactions in the CRM/tracking system.
• Provide regular sales reports, forecasts, and market feedback to the reporting manager.
• Coordinate with internal teams (finance, operations, compliance) to ensure timely policy issuance and client servicing.

· Support all regulatory reporting.

Requirements

• Bachelor's degree or MBA in Finance or similar field
• 2+ years of experience in business development, sales or client acquisition, preferably in the insurance industry.
• Strong communication, negotiation and interpersonal skills.
• Self-motivated with a demonstrated ability to meet or exceed targets.
• Proficiency in MS Office
• Working knowledge of insurance products
• Fluent in English, Telugu/ Hindi

What we offer

• A competitive salary (CTC 5L to 6L + performance-based incentives)
• An opportunity for professional development via on-the-job training and educational initiatives

Note: If you are not already a Broker Qualified Person (BQP), you will be required to pass the BQP exam (Direct – General + Life) conducted by the National Insurance Academy.

About insurancepe:

Headquartered in Hyderabad, Topspot Insurance Broking (commercially known as Insurancepe) strives to simplify insurance, dispel confusion in the market and ensure that customers are educated and get the right coverage at the right cost.

insurancepe is an equal opportunity employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/ veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. insurance is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.insurancepe.com. Follow us on Twitter, Facebook, LinkedIn, and Instagram.