Business Development Manager

Jubilee Life Insurance Company Ltd.

Karachi , Pakistan

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Jubilee Life Insurance Company Limited, a publicly listed life insurance provider in Pakistan since 1996, operates with a strong presence on the Pakistan Stock Exchange. With key offices in Islamabad and Karachi, Jubilee Life supports nationwide operations and serves a diverse customer base. The company is recognized for its commitment to regulatory compliance and offers a dynamic work environment that fosters professional growth and performance-driven careers within the insurance sector.

The Business Development Manager role is a full-time, on-site position based in Karachi East District. This position focuses on identifying and pursuing new business opportunities to expand the company’s portfolio of life insurance products. The role involves generating leads, conducting client meetings and presentations, preparing proposals, and negotiating terms in accordance with company policies. The manager will work closely with marketing, underwriting, and operations teams to ensure seamless client onboarding and delivery of tailored insurance solutions. Additionally, the role requires monitoring market trends and competitor activities, contributing to sales strategy development, and maintaining accurate records in sales and CRM systems to achieve growth and revenue targets.

Key Responsibilities
- Identify and pursue new business opportunities within individual and corporate client segments.
- Generate leads and conduct client meetings and presentations to promote life insurance products.
- Prepare detailed proposals and negotiate terms aligned with company policies and client needs.
- Collaborate with marketing, underwriting, and operations teams to ensure smooth onboarding and service delivery.
- Monitor market trends and competitor activities to provide actionable insights for sales strategies.
- Maintain accurate and up-to-date records in CRM and sales systems to track progress and support reporting.
- Meet or exceed growth and revenue targets through effective business development initiatives.

Required Qualifications
- Proven experience in business development, sales, and client relationship management within financial services or related industries.
- Strong communication, negotiation, and presentation skills capable of engaging diverse client segments.
- Analytical ability to assess market trends, identify opportunities, and prepare data-driven proposals.
- Excellent organizational and time management skills to manage multiple accounts, follow-ups, and reporting tasks.
- Bachelor’s degree in Business, Finance, Marketing, or a related field.
- Proficiency in CRM tools, MS Office, and digital communication platforms for pipeline management and documentation.
- Ability to work independently and collaboratively, maintaining ethical standards and a customer-centric approach.
- Prior experience in life insurance or financial services in Pakistan, especially within Karachi, is highly advantageous.

Preferred Qualifications and Benefits
- A master’s degree or professional certification in insurance, sales, or related disciplines is considered an asset.
- Opportunities for professional development and career advancement within a growing insurance company.
- Exposure to a dynamic market environment with a focus on performance-driven success.

This role offers a challenging and rewarding opportunity to contribute to the growth of a reputable life insurance company while developing a career in a competitive and evolving industry.