Business Development Executive Job in Raichur for Insurance Company

Location: Raichur, Karnataka Job Type: Full-time Role: Business Development Executive – Insurance Salary: 20,000 – 35,000 Per Month + Incentives Insurance Company Opening

Role Overview

Organisations across Raichur are scaling their workforce in line with Karnataka's expanding financial services, retail, and healthcare economy, with Business Development Executive among the priority roles being filled.

Key Responsibilities

  • Achieve monthly business targets set by the insurance company and submit basic daily/weekly sales reports to the manager.
  • Identify and meet potential customers in the assigned area and explain life, health, motor, or general insurance products as per company portfolio.
  • Generate leads through cold calls, references, field activities, and participation in local events or campaigns.
  • Understand customer needs, suggest suitable policy options, and help them choose correct coverage and premium.
  • Collect application forms and KYC documents, coordinate with branch/operations for policy issuance, and ensure timely follow‑up till activation.
  • Maintain good relationship with existing customers for renewals, cross‑sell or up‑sell of additional policies, and basic support for claims follow‑up.

Candidate Profile

  • Any graduate with interest in sales, marketing, or financial products; experience in insurance or banking sales will be an advantage.
  • Good communication and convincing skills to explain policy features in simple language and handle basic objections.
  • Comfortable with field work in Raichur, visiting customers and local businesses on a daily basis as per targets.
  • Basic knowledge of using smartphone apps, WhatsApp, and email for sharing proposals, tracking leads, and coordinating with office teams.

Incentives and Growth

  • Attractive incentive structure based on policy sales, renewals, and achievement of monthly/quarterly business targets.
  • Opportunity to grow into Senior Business Development Executive, Team Leader, or Sales Manager roles with performance.
  • Regular product and sales training from the insurance company to improve field skills and product knowledge.