About the job
A financial holding company, Chedid Capital is a leading investment group in the insurance and reinsurance fields. The Group operates across Europe, Middle East, Africa and South Asia. The Company plays a role in the forefront of the industry, being part of one of the top 20 Reinsurance Brokers in the world.
Chedid Insurance Brokers, a company member of Chedid Insurance Brokers Network, the insurance broking network of Chedid Capital, is looking for a Business Development Manager. The role focuses on driving business growth through strategic lead conversion, client-centric insurance solutions, market insight, and seamless collaboration to ensure exceptional service and sustained performance.
Joining our 1600 dynamic team members, spread among 64 subsidiaries worldwide, offers you endless growing opportunities.
Responsibilities
- Introduce new leads to the company and convert them into prospects and clients
- Analyze the needs of prospects and clients
- Design tailored insurance programs
- Negotiate and close deals
- Cross-sell additional or new lines of business to existing prospects and clients
- Manage a personal pipeline of leads and prospects
- Provide regular (monthly) reports on pipeline development
- Develop a strong understanding of the domestic insurance market, including product scopes, pricing, and insurer responsiveness
- Create schemes or industry-specific products for exclusive company use
- Stay informed on global insurance industry developments and assess their relevance to the local market
- Understand key industries in which clients operate and how global trends may impact them
- Support the Operations Division in delivering superior client service
- Achieve annual business targets
- Maintain a well-organized and up-to-date customer database
- Submit daily quotation requests
- Ensure timely collection of payments for completed business
Requirements
- Bachelor’s degree in insurance, Business Administration or equivalent. Marketing or sales background is a plus
- 6-8 years of experience in general insurance and sales.