Dawood Family Takaful Ltd (DFTL), a leading pioneer in Pakistan’s Family Takaful sector, operates under the regulatory framework of the Securities & Exchange Commission of Pakistan. As part of the First Dawood Group of Companies, DFTL is well-capitalized, ensuring financial stability and the ability to honor long-term commitments to its customers and partners. The company is dedicated to providing Islamic financial protection services that encourage savings, security, and financial relief during difficult times. With a focus on innovation and customer-centric solutions, DFTL aims to expand both locally and internationally while setting new standards in service excellence, particularly in claims management.
The Business Development Manager role is a full-time, on-site position based in Gujranwala. This role is pivotal in driving the growth of DFTL by identifying and developing new business opportunities and fostering strong relationships with both individual and corporate clients. The manager will promote Family Takaful products aligned with Islamic financial principles, conduct market research, analyze competitors, and contribute to strategic sales initiatives to enhance market share and revenue. Collaboration with marketing, operations, and claims departments is essential to ensure a seamless customer experience and support the successful launch of new products. Daily responsibilities include preparing proposals, delivering presentations, achieving sales targets, and maintaining detailed records in compliance with company policies and regulatory standards.
Key Responsibilities
- Identify and cultivate new business opportunities within the Family Takaful market.
- Develop and maintain strong relationships with individual and corporate clients.
- Promote DFTL’s Family Takaful products in accordance with Islamic finance principles.
- Conduct market research and analyze competitive offerings to inform sales strategies.
- Collaborate with marketing, operations, and claims teams to enhance customer experience.
- Prepare business proposals and deliver effective presentations to potential clients.
- Meet or exceed assigned sales targets and contribute to revenue growth.
- Maintain accurate records of business activities ensuring compliance with company policies and regulatory requirements.
- Support the launch of new products and initiatives by coordinating with relevant departments.
- Travel within the region as necessary to meet business objectives.
Required Qualifications
- Proven experience in business development and sales, including lead generation, client relationship management, and negotiation.
- Knowledge of Islamic financial products, preferably Family Takaful or insurance, with the ability to clearly explain concepts to customers.
- Experience in market analysis, strategic planning, and identifying growth opportunities within financial services or related sectors.
- Strong communication and presentation skills capable of building trust and long-term partnerships.
- Proficiency in MS Office and familiarity with CRM or sales tracking systems.
- Bachelor’s degree in Business, Finance, Marketing, or a related field.
- Demonstrated track record of meeting or exceeding sales targets in a similar role, ideally within insurance, Takaful, or financial services.
- Ability to work on-site in Gujranwala and travel regionally as required.
- High integrity, customer-focused mindset, and commitment to ethical business practices aligned with Islamic values.
Preferred Qualifications and Benefits
- A master’s degree or relevant professional certifications in business, finance, or insurance is advantageous.
- Opportunity to work with an established and reputable organization committed to innovation and customer service excellence.
- Exposure to expanding local and international Islamic financial markets.
- Collaborative work environment with cross-functional teams focused on growth and customer satisfaction.
This role offers a unique opportunity to contribute to the growth of a pioneering Islamic financial institution while developing a rewarding career in the Family Takaful industry.