Business Development Manager

Company Description HDFC Life is one of India’s leading private life insurance companies, offering a wide range of individual and group insurance solutions across protection, pension, savings, investment, and health. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), a leading housing finance institution in India, and abrdn plc, a major financial services provider in the United Kingdom. The company serves customers through about 500 branches across more than 900 cities and towns in India and maintains a liaison office in Dubai. Its diverse portfolio includes multiple retail and group products, along with optional riders that allow customers to customize plans to their needs. HDFC Life has a strong market presence supported by an extensive network of Financial Consultants.
Role Description The Business Development Manager is a full-time, on-site role based in India, focused on driving growth for HDFC Life’s insurance solutions. This role involves identifying and developing new business opportunities, building and maintaining relationships with clients and partners, and expanding the company’s presence in target markets. The Business Development Manager will analyze market trends, create and execute sales and business development strategies, and collaborate with internal teams to design compelling product propositions. Daily responsibilities include meeting revenue and activity targets, conducting presentations and consultations, supporting channel partners and Financial Consultants, and ensuring an excellent customer experience. The role also requires regular reporting, pipeline management, and adherence to regulatory and organizational standards.
Qualifications
Candidates should possess strong business development, sales, and client relationship management skills, with a track record of achieving growth targets.
Candidates should possess market research, analytical, and strategic planning skills to identify opportunities and shape effective go-to-market plans.
Candidates should possess communication, presentation, and negotiation skills to engage stakeholders, close deals, and influence decision-makers.
Candidates should possess organizational, time management, and CRM or sales pipeline management skills to handle multiple accounts and activities efficiently.
Relevant experience in financial services, insurance, banking, or related sectors is highly beneficial.
Bachelor’s degree in business, finance, marketing, or a related field; postgraduate qualifications are an advantage.
Ability to collaborate in cross-functional teams, work in a fast-paced environment, and adapt to changing market conditions.
Willingness to travel within the assigned territory in India as needed for client and partner meetings.

Skills
Business Development

Experience
5+ yrs

Work arrangement
No