Business Development Officer, Insurance.Injaz - RBG - Insurance Sales.Retail Banking Group

Role Overview

Business Development Officer, Insurance, Injaz - RBG - Insurance Sales, Retail Banking Group at Mashreq, based in the Retail Banking Group.

Role Purpose

Drive growth and success of the insurance sales division by identifying and developing new business opportunities, building strong client relationships, and increasing insurance sales through delivery of exceptional service and tailored insurance solutions.

Key Responsibilities

Business Development & Sales Strategy

• Proactively identify and pursue new business opportunities within the life insurance sector.
• Develop and execute effective sales strategies to achieve individual and team sales targets.
• Manage a diverse sales pipeline independently and collaboratively within a team environment.

Client Relationship Management

• Build and maintain strong relationships with existing and potential clients, understanding their insurance needs and providing tailored solutions.
• Demonstrate excellent communication and interpersonal skills with the ability to build rapport and trust with clients.

Market Intelligence & Competitive Positioning

• Stay updated with industry trends, market dynamics, and competitor activities to ensure a competitive edge.
• Participate in industry events, conferences, and networking opportunities to enhance Mashreq Bank's presence and reputation.

Reporting & Analytics

• Provide accurate and timely reporting on sales activities, pipeline management, and client interactions.
• Analyze data, interpret trends, and make informed business decisions.

Cross-Functional Collaboration

• Collaborate with cross-functional teams to ensure a seamless customer experience and efficient delivery of insurance products.
• Maintain a high level of professionalism and ethical standards in all interactions with clients and colleagues.
• Uphold Mashreq Bank's values and contribute to a positive and inclusive work environment.

Qualifications & Experience

• Minimum 3 years of experience in life insurance sales with a proven track record of success.
• Strong knowledge of insurance products, regulations, and industry best practices.

Skills & Competencies

• Excellent communication and interpersonal skills.
• Proficiency in using CRM systems and sales tracking tools.
• Strong analytical skills.
• Strong organizational skills and attention to detail.
• Results-driven mindset and passion for achieving sales targets.
• Self-starter mentality.

Additional Information

• Valid driving license required.
• Willingness to travel as required.