Business Development Manager

Company Description SBI General Insurance is one of India’s leading general insurance companies, founded in 2009 and backed by the trust and legacy of the State Bank of India. Headquartered in Mumbai, the company has expanded from 17 branches to over 170 branches across the country, serving more than 10 crore customers. SBI General Insurance offers a broad range of retail, corporate, SME, and rural products, including motor, health, home, travel, personal accident, fire, marine, engineering, cyber, crop, and industrial risk insurance. Its multi-channel distribution model leverages bancassurance, agency, broking, retail direct, and digital partnerships, supported by a nationwide network of branches, agents, garages, and hospitals. With a digital-first, customer-centric approach and multiple industry awards, SBI General Insurance focuses on transparent claims, reliable protection, and long-term value for its customers.
Role Description The Business Development Manager is a full-time, on-site role based in the Mumbai Metropolitan Region. This role is responsible for identifying and developing new business opportunities, expanding existing relationships, and driving growth for SBI General Insurance across targeted segments and channels. Day-to-day activities include prospecting and meeting potential clients, presenting insurance solutions, negotiating terms, and closing business while aligning with company policies and compliance requirements. The Business Development Manager collaborates with internal teams such as underwriting, operations, and marketing to design proposals, improve service delivery, and support product positioning. The role also involves monitoring market trends, tracking sales performance, preparing reports, and contributing to strategic initiatives that strengthen the company’s presence in key markets.
Qualifications
Candidates should possess strong skills in business development, sales planning, and relationship management.
Candidates should possess solid skills in negotiation, communication, and presentation to interact effectively with clients and stakeholders.
Candidates should possess skills in market research, data analysis, and pipeline management to identify opportunities and track performance.
Candidates should possess familiarity with general insurance products, distribution channels, and regulatory norms.
Candidates should possess the ability to work independently, collaborate with cross-functional teams, and meet defined revenue and growth targets.
A bachelor’s degree in Business, Finance, Marketing, or a related field is preferred; relevant experience in insurance or financial services business development is highly beneficial.
Comfort with CRM tools, MS Office (Excel, PowerPoint, Word), and digital sales platforms will be an advantage.

Work arrangement
No