Business Development Officer

Here is a professional Job Description (JD) tailored for a Business Development Officer role in Latur, Maharashtra, focused on the Insurance and Banking industry:

Job Title: Business Development Officer

Location: Latur, Maharashtra
Industry: Insurance & Banking
Experience Required: Minimum 1 Year
Employment Type: Full-Time

Job Summary:

We are seeking a dynamic and results-driven Business Development Officer with at least 1 year of experience in the Insurance and/or Banking sector. The ideal candidate will be responsible for driving sales growth, acquiring new customers, maintaining client relationships, and achieving business targets in the Latur region.

Key Responsibilities:

• Identify and develop new business opportunities in the local market.

• Promote and sell insurance products (Life, Health, General) and banking products (Loans, CASA, Credit Cards, etc.).

• Build and maintain strong relationships with customers, agents, and channel partners.

• Achieve monthly and quarterly sales targets.

• Conduct field visits, customer meetings, and lead generation activities.

• Cross-sell and upsell financial products to existing clients.

• Ensure proper documentation and compliance with regulatory guidelines.

• Provide after-sales service and resolve customer queries efficiently.

• Maintain accurate sales reports and CRM updates.

Required Skills & Competencies:

• Strong knowledge of Insurance and Banking products.

• Excellent communication and interpersonal skills.

• Target-oriented with strong negotiation abilities.

• Good understanding of the local Latur market.

• Ability to work independently and in a team.

• Basic computer proficiency (MS Office, CRM tools).

Educational Qualification:

• Graduate in any discipline (B.Com, BBA, BA, or equivalent preferred).

  Experience Required:

• Minimum 1 year of experience in Insurance Sales / Banking Sales / Financial Services.

Salary & Benefits:

• Competitive salary (as per industry standards).

• Performance-based incentives.

• Travel allowances.

• Career growth opportunities.

• It is a Full Time Field Sales job for candidates with 1 - 4 years of experience.