Assistant Manager/ Manager - (Business Development)

Job description

Job Title: Assistant Manager/Manager

Location: Hyderabad

ABOUT THE COMPANY

ACE is an independent and privately owned Insurance & Reinsurance Broking company from India We harness the expertise and imagination of our dedicated team to deliver the most innovative solution to meet the needs of our clients. Effective & efficient use of highly professionaland dedicated team members have contributed largely led ACE to a point of leadership in various spheres of insurance broking. We maintain a high level of professionalism throughout & our team is committed to providing a constantly superior level of service, which results in a motivated approach to meet innovative challenges in a constantly and rapidly changing global environment. Proactive participation by promoters and all senior officers of the company coupled with their respective knowledge and expertise ensures delivery of ACE Solutions forall clients and maintains continuity of relationship with all stakeholders and delivers innovativeand effective insurance and risk management solutions. Headquartered in New Delhi, Ace has branch offices across India and serves customers in Africa, Asia, Europe, the Middle East, and the USA.

Role and Responsibilities

As a lead, you will be responsible for managing Business Operations, with a focus on retention, profitability, and achieving the companys mission & strategic direction. Strong business acumen with skills to remain on the cutting edge; drive new business through conceptualizing strategies, developing key accounts, establishing strategic partnerships, etc.

Business Development

 New Business Acquisition: Responsible for identifying and securing new business opportunities to drive company growth which includes targeting and acquiring clients in key areas such as Property, Fire, Marine, Engineering, Health, and Liability insurance.

 Market Penetration: Focus on expanding the companys footprint in the direct insurance market by effectively communicating the value proposition to potential clients and establishing long-term business relationships.

Market Analysis and Strategy

 Target Demographics Identification: Conduct in-depth market research to define and understand target demographics and to develop strategies to effectively reach these audiences and expand the companys market share.

 Strategic Goal Setting: Collaborate with stakeholders to establish clear, measurable goals aligned with the companys documented revenue targets and projected budget forecasts.

 Sales and Brand Enhancement: Support the companys insurance sales efforts and enhance brand awareness through targeted marketing initiatives, including organizing and participating in events aimed at engaging both new and existing customer groups.

KNOWLEDGE AND SKILLS

Professional Experience:

 Minimum 2-6 years experience working in leading the insurance brokerage firm.

 Proven proficiency in leveraging CRM, analytics platforms, and marketing automation tools.

 Candidates must have core computer skills and experience using Microsoft Office programs including Word and Excel.

 Exemplary organization, project management, analytical and verbal/written communication skills are required

Technical Skills:

Proficiency in essential computer skills is mandatory, with a strong emphasis on experience using Microsoft Office applications, particularly Word and Excel.

Professional Skills:

The role demands exceptional organizational abilities, along with advanced project management, analytical, and communication skills, both verbal and written. These competencies are critical for successfully managing complex tasks and effectively conveying ideas to various stakeholders,