Business Development Manager

A Business Development Manager (BDM) at SBI (including its subsidiaries like SBI Life Insurance or SBI General Insurance) focuses on driving revenue, acquiring new customers, and managing branch/partner relationships. The role blends client acquisition, team mentorship, and strategic cross-selling. Key Responsibilities Sales Target Achievement: Drive and exceed monthly/quarterly sales targets for financial and insurance products (e.g., life/general insurance, credit cards). Channel & Team Management: Recruit, train, and mentor a team of insurance advisors/agents, and drive sales productivity across the agency channel. Stakeholder Relations: Build strong, long-lasting relationships with State Bank of India branch managers, corporate clients, and customers to ensure a high-quality lead pipeline. Product Pitching & Client Acquisition: Identify new business opportunities, conduct field visits, and deliver compelling sales pitches tailored to customer financial needs. Compliance & Reporting: Ensure all sales, documentation, and KYC protocols strictly comply with banking and insurance regulatory standards. Market Analysis: Monitor competitor activities and market trends to adjust sales strategies and improve competitive positioning. Required Qualifications & Skills Education: A bachelor's degree in Business, Marketing, or a related field; an MBA is preferred. Experience: Typically 1 to 6 years of proven experience in field sales, banking, or the insurance/financial services sector. Skills: Strong negotiation, team leadership, and excellent communication skills. Knowledge: Deep understanding of insurance products, investment options, and banking channels. Documents: Driving license must. Contact: Ananth HR