Business Development Executive

Job Scope:-

• Develop and execute business development strategies to generate sales and achieve monthly sales commitments.
• Lead and manage marketing activities to meet company KPIs.
• Oversee and implement recruitment strategies aligned with corporate objectives.
• Identify new business opportunities and expand the company’s network.
• Recruit, onboard, and support new advisors.
• Motivate, coach, and mentor advisors to meet sales targets and align with company goals.
• Conduct product training, presentations, and promotional activities for advisors.
• Address and resolve advisors’ concerns and challenges to foster a supportive environment.
• Boost advisor morale through continuous motivation, support, and recognition.
• Organize and support company functions and events.
• Monitor market trends and competitors’ activities to strategize effectively.
• Maintain relationships with advisors and members to ensure satisfaction and retention.
• Perform any ad-hoc tasks as assigned by management.

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Job Description:

• Prospecting & Lead Generation: Identify potential advisors through networking, referrals, and market research.
• Recruitment: Develop and implement strategies to attract new advisors, explaining marketing plans and benefits.
• Training & Development: Conduct product training sessions, business opportunities presentation, and motivational workshops for advisors.
• Sales & Promotion: Promote products and services, support advisors in achieving their sales targets, and increase product penetration.
• Marketing Management: Lead marketing initiatives to increase brand awareness and meet KPIs.
• Relationship Management: Build and nurture long-term relationships with advisors and members.
• Event Coordination: Organize company events and promotional activities to boost team engagement.
• Market Expansion: Explore new markets and regions for business growth.
• Reporting & Analysis: Maintain detailed records of sales, recruitment, marketing activities, and advisor performance; prepare regular reports for management.
• Compliance & Ethics: Ensure all activities comply with company policies and industry regulations.
• Support & Motivation: Address concerns, resolve challenges faced by advisors, and foster a positive work environment through motivation and recognition.
• Additional Tasks: Perform any other duties as assigned to contribute to the company's growth.

Requirements:-

• Candidates with previous experience in insurance, banking and financial institution will be an added advantage.