Business Development Executive

EFU Life Assurance - Karachi Cantt Branch

Karachi , Pakistan

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Jubilee Life Insurance Company Limited, a publicly listed company on the Pakistan Stock Exchange since 1995, is a leading provider of life insurance solutions in Pakistan. With its registered office in Islamabad and principal office in Karachi, the company operates nationwide, offering a structured and growth-oriented environment for professionals in the insurance and financial services sector. Established as a regulated financial institution, Jubilee Life is committed to delivering career opportunities that foster professional development and success.

The Business Development Executive role is a full-time, on-site position based in Chara. This role focuses on identifying and pursuing new business opportunities to build a robust pipeline of individual and corporate clients. The incumbent will engage with prospective customers, present insurance products, prepare proposals, and follow up to close sales, aligning with company targets. Additionally, the role requires maintaining strong relationships with existing clients, supporting account management activities, and collaborating with internal teams to ensure seamless policy issuance and after-sales service. The Business Development Executive is also responsible for documenting activities, reporting performance metrics, and contributing ideas to enhance sales strategies and expand market reach.

Key Responsibilities

- Identify and pursue new business opportunities to generate leads and build a sustainable client pipeline.
- Meet prospective customers to present insurance products and prepare tailored proposals.
- Follow up diligently to close sales in accordance with company targets.
- Maintain and nurture relationships with existing clients to support account management.
- Collaborate with internal teams to facilitate smooth policy issuance and provide after-sales support.
- Document daily activities and report on performance metrics regularly.
- Contribute innovative ideas to improve sales strategies and increase market penetration.

Required Qualifications

- Proven skills in new business development and lead generation with the ability to convert prospects into long-term clients.
- Strong account management and business acumen to effectively manage client portfolios and support ongoing customer relationships.
- Excellent communication skills, including verbal and written communication, presentation, and negotiation abilities.
- Prior experience in sales, insurance, banking, or financial services, demonstrating a consistent track record of meeting or exceeding targets.
- Strong interpersonal skills with a customer-focused approach and the ability to work independently as well as part of a team in an on-site environment.
- A bachelor’s degree in Business, Marketing, Finance, or a related field is preferred.
- Basic proficiency in MS Office applications and familiarity with CRM or sales tracking tools.

Preferred Qualifications and Benefits

- Relevant professional certifications in sales or insurance are considered an advantage.
- Opportunity to work within a reputable and well-established financial institution.
- Exposure to a structured, growth-oriented career path in the insurance and financial services sector.
- Collaborative work environment with nationwide operational reach.

This role offers a dynamic opportunity for motivated professionals looking to advance their careers in business development within the insurance industry. Jubilee Life Insurance Company Limited values dedication, innovation, and a customer-centric mindset, making it an ideal workplace for those seeking long-term growth and success.