Business Development Manager

The Business Development Manager (BDM) plays a pivotal role in driving business growth through lead generation, market penetration, and client acquisition. The BDM is responsible for identifying potential customers, building strong customer relationships, and achieving sales targets through structured marketing and sales strategies, primarily in the chit fund/financial services domain.

Key Responsibilities:

Sales & Business Development:

Identify and develop new business opportunities in the chit fund, insurance, and financial services sectors.

Plan and execute field marketing activities to promote the company’s schemes and generate high-value leads.

Achieve individual and team sales targets as per company goals (monthly, quarterly, and annually).

Handle high-value client accounts, ensuring revenue generation from ₹2.5 million to ₹500 million through successful chit fund bookings.

Conduct market research to identify new segments and customer needs.

Customer Relationship Management:

Build and maintain long-term relationships with customers to drive repeat business.

Regularly meet with prospective and existing customers to understand their needs and propose suitable schemes.

Ensure smooth onboarding of customers, manage enrollments, and oversee cheque collections and documentation.

Maintain a professional and positive rapport with all clients and stakeholders.

Team Management:

Coordinate with Telecallers and field sales teams to secure appointments and convert them into bookings.

Provide ongoing training, motivation, and guidance to team members to help them achieve their targets.

Actively support and manage team performance and development.

Operational Responsibilities:

Attend daily team meetings, morning briefings, and prayer sessions.

Maintain a well-organized and regularly updated customer database.

Prepare and submit Daily Sales Reports (DSR) and monthly performance reports to management.

Adhere to company guidelines on dress code, personal grooming, and professional conduct.

Maintain a strong understanding of the company’s products and continuously improve product knowledge.

Compliance & Professional Conduct:

Follow ethical sales practices and ensure compliance with all company policies and financial regulations.

Handle customer data responsibly and securely.

Communicate in a positive, business-oriented manner with customers and peers.

Key Performance Indicators (KPIs):

Monthly Chit Booking Target Achievement

Number of Appointments Secured & Converted

Customer Retention Rate

Database Accuracy and Readiness

Team Target Achievement

Revenue Growth

• It is a Full Time Sales / Business Development job for candidates with 2 - 6 years of experience.

More about this Business Development Manager job

1. What is the eligibility criteria to apply for this Business Development Manager job?
   Ans: The candidate should be Diploma and above and above with 2 - 6 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹25000 - ₹45000 per month + Incentives that depends on your interview. It's a Full Time job in Tirupur.
3. How many working days are there for this Business Development Manager job?
   Ans: This Business Development Manager job will have 5 working days.
4. Are there any charges applicable while applying or joining this Business Development Manager job?
   Ans: No, there is no fee applicable for applying this Business Development Manager job and during the employment with the company, i.e., VVRS CHITFUND TAMILNADU PRIVATE LIMITED.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Business Development Manager role?
   Ans: There is an immediate opening of 10 Business Development Manager at VVRS CHITFUND TAMILNADU PRIVATE LIMITED
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Sales / Business Development job.
8. What are the timings of this Business Development Manager job?
   Ans: This Business Development Manager job has 09:00 AM - 07:00 PM timing.