Business Development Manager

Organization: Lifemart Insurance Brokers Pvt. Ltd.

Location: Mumbai (Base)

Compensation: 3.0 LPA + Monthly Performance Incentives

About Lifemart Insurance Brokers:

Lifemart Insurance Brokers is a leading, rapidly expanding insurance brokerage firm headquartered in Mumbai, dedicated to providing comprehensive insurance solutions.

The Role:

We are looking for a results-driven Business Development Manager to focus on our B2B growth within the group insurance space. This role is central to our expansion into the financial services sector.

Key Responsibilities:

Product Expertise: Focus on core loan-embedded insurance products, specifically Group Credit Life and Group Term Life.

B2B Development: Drive business growth by targeting NBFCs, Co-operative Banks, and Credit Co-operative Societies.

Channel Activation: Responsible for branch-wise activation and engagement to ensure product penetration.

Mobility: Occasional travel is required for business development and partner meetings.

Ideal Candidate Profile

Strong understanding of the Insurance and BFSI (Banking, Financial Services, and Insurance) sector.

Excellent communication, negotiation, and relationship-building skills.

Linguistic Requirement (Marathi Proficiency)

A significant portion of our client base includes Co-operative Banks and Societies across Maharashtra. Therefore:

• Native or Professional Fluency in Marathi is mandatory.
• Candidates must be able to conduct business meetings, deliver presentations, and handle documentation in Marathi, in addition to English and Hindi.
• Strong oral and written communication skills in all three languages are essential for this role.

How to Apply If you meet the above criteria, please submit your updated CV to [[Confidential Information]].

Subject Line: Application for BDM - [Your Name]