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State Head Corporate Sales

State Head Corporate Sales

neuraleap group
  • Posted 13 days ago
  • Be among the first 10 applicants

Job Description

Position: State Head – Corporate Sales

Locations: Hyderabad & Bangalore

Industry: Insurance Broking / General Insurance

Experience: 10+ years

CTC: Up to 30 LPA

Employment Type: Full-time

About The Role

We are looking for an experienced State Head – Corporate Sales to lead and grow the Corporate Insurance business for the respective region.

The ideal candidate should have a strong track record in direct corporate client acquisition, Commercial Insurance, Insurance Broking/General Insurance, team leadership and P&L ownership.

Key Responsibilities

  • Lead the Corporate Sales function for the respective state.
  • Drive new corporate client acquisition through direct sales.
  • Build and manage relationships with CXOs, CFOs, CHROs, Risk Heads and other senior decision-makers.
  • Develop and execute strategies to grow the Commercial Insurance portfolio.
  • Identify new business opportunities across large corporates, mid-market companies and SMEs.
  • Lead the complete sales cycle prospecting, client meetings, requirement assessment, RFQs, negotiations and closure.
  • Manage and develop a high-performing Corporate Sales team.
  • Own business targets, revenue growth and P&L/business profitability.
  • Build strong relationships with insurers and internal stakeholders to deliver suitable insurance solutions.
  • Drive cross-selling and up-selling across the corporate portfolio.
  • Track sales pipeline, GWP, conversion ratios, renewals and business performance.
  • Develop the regional market and build a sustainable corporate client portfolio.

Commercial Insurance Exposure

Candidates should have hands-on experience with multiple Commercial Insurance products such as:

  • Fire & Property Insurance
  • Marine Insurance
  • Engineering Insurance
  • Liability Insurance
  • Workmen Compensation
  • Industrial All Risk (IAR)
  • Contractors All Risk (CAR)
  • Group Medical Cover (GMC)
  • Group Personal Accident (GPA)
  • Other Corporate Risk & Commercial Insurance solutions

Mandatory Requirements

  • 10+ years of experience in General Insurance / Insurance Broking.
  • Strong experience in Direct Corporate Sales / Corporate Client Acquisition.
  • Proven experience selling Commercial Insurance products.
  • Experience managing large corporate / SME accounts.
  • Experience in team leadership and business/P&L ownership.
  • Strong understanding of the corporate insurance sales cycle.
  • Excellent CXO-level relationship management and negotiation skills.
  • Candidates should have a demonstrable new-business acquisition track record.

Not Relevant for This Role

Please note that this role is not suitable for candidates whose experience is predominantly in:

  • Bancassurance
  • Agency Sales
  • Life Insurance
  • Pure Health/EB sales
  • OEM/Dealer-only business
  • Channel/Alliance sales without direct corporate acquisition
  • Banking
  • Pure renewals / servicing

Preferred Candidate Profile

We are particularly interested in professionals currently working with or having strong experience in:

Insurance Broking | General Insurance | Corporate Risk Advisory | Commercial Lines | Direct Corporate Sales

Candidates who have built corporate books from scratch, acquired large corporate accounts and managed sales teams/P&L will be preferred.

Location

Hyderabad / Bangalore

Skills: commercial insurance,insurance,sales

More Info

Job Type:
Industry:
Employment Type:

Key Skills

Corporate Client Acquisition

Direct Corporate Sales

CXO-level Relationship Management

About Company