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Assistant Vice President / Vice President - Business Development - Insurance

Assistant Vice President / Vice President - Business Development - Insurance

Howden Insurance Brokers LimitedHyderabad,Telangana, India
9 days ago
Job description

the job

Position / Business Accountability :

At the micro level the role involves :

Business Development & Pipeline Growth :

  • Identify and prospect potential corporate clientsincluding large enterprises and SMEsacross India. Build and maintain a robust sales pipeline and strategy.

Needs Assessment & Risk Analysis :

  • Conduct comprehensive risk assessments, understand clients business and insurance needs, and identify gaps in existing coverage.
  • Solution Design & Proposals :

  • Develop and present insurance broking proposalscovering fire, marine, engineering, cyber, liability, employee benefits, and more. Collaborate with underwriters to negotiate optimal coverage and premiums on behalf of clients.
  • Negotiation & Deal Closure :

  • Engage with corporate decision-makers to finalize agreementsensuring favorable terms and meeting contract KPIs and revenue objectives.
  • Relationship Management & Retention :

  • Serve as the primary contact for corporate clients. Provide advisory services including renewals, claims support and upsell opportunities. Maintain high satisfaction levels and foster long-term engagement.
  • Market Research & Competitive Intelligence :

  • Monitor insurance industry trends, regulatory changes, and competitor behavior to adjust sales approaches and identify growth opportunities.
  • Reporting & Sales Analytics :

  • Track performance against sales KPIs and revenue forecasts. Prepare regular reports, dashboards, and market analysis for senior management.
  • Desirable Competencies :

  • Established corporate client network and industry contacts.
  • Track record of consistently exceeding sales targets and closing large accounts.
  • Ability to mentor junior team members and lead through influence.
  • Familiarity with financial / broking software and sales analytics tools.
  • Willingness to travel for client engagement and expansion activities.
  • Professional Experience

  • 5 - 15 years of experience in corporate insurance sales or broking.
  • Demonstrated understanding of broking dynamics, underwriting collaborations, and domain expertise across general insurance lines.
  • Qualifications & Background :

  • Any bachelors degree or equivalent.
  • MBA or advanced certifications (e.g. AIII, FIAI, CII, CPCU) preferred.
  • (ref : iimjobs.com)

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    Vice President • Hyderabad,Telangana, India

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