Business Development Executive

1 Month ago • 2-5 Years • Business Development

Job Summary

Job Description

The Business Development Executive will identify and pursue new sales opportunities, manage a sales pipeline, and negotiate contracts. Responsibilities include identifying industry trends, conducting market research, and building client relationships. The role requires supporting sales targets and objectives and collaborating with cross-functional teams. The executive must have a strong understanding of sales principles and practices. The job also entails working in a hybrid work environment, with expectations of being in the local office or onsite with clients at least three days per week, fostering collaboration and professional development.
Must have:
  • Bachelor’s degree in a relevant field.
  • 2-3 years of experience in insurance sales or brokerage.
  • Proven track record of supporting sales targets and objectives.
  • Strong understanding of sales principles and practices.
  • Proficiency in CRM software and Microsoft Office Suite.
Good to have:
  • Basic negotiation skills with a willingness to learn and develop.
  • Strong analytical skills to assess market trends and client needs.
  • Excellent relationship management skills.
  • Self-motivated and results-oriented approach.
  • Ability to collaborate effectively with cross-functional teams.

Job Details

Company:

Marsh

Description:

Are you ready to take your career to the next level? We are seeking a dynamic and driven Business Development Executive to join our team in Cairo, Egypt! If you have a passion for sales and a knack for building relationships, this is your opportunity to make a significant impact in a thriving organization. Join us as we expand our client base and drive growth in the industry!

We will count on you to:

  • Identify and pursue new sales opportunities through cold calling, networking, and referrals to expand our client base.
  • Assist in cultivating and securing new business opportunities to achieve and exceed sales objectives.
  • Actively manage and maintain a robust sales pipeline through proactive prospecting and lead generation.
  • Conduct thorough market research to identify industry trends and provide actionable insights to the sales team.
  • Negotiate contracts and agreements with clients, ensuring favorable terms that align with company goals.

What you need to have:

  • Bachelor’s degree in Business Administration, Marketing, Sales, or a related field.
  • 2-3 years of experience in insurance sales or brokerage, along with relevant salary expectations; 5 years of experience in corporate sales (excluding retail), including banking, cyber advisory, investment banking, or advisory firms, along with relevant salary expectations.
  • Proven track record of supporting sales targets and objectives.
  • Strong understanding of sales principles and practices, with excellent verbal and written communication skills.
  • Proficiency in CRM software and Microsoft Office Suite (Word, Excel, PowerPoint).

What makes you stand out:

  • Basic negotiation skills with a willingness to learn and develop further.
  • Strong analytical skills to assess market trends and client needs.
  • Excellent relationship management skills with a focus on building and maintaining client relationships.
  • Self-motivated and results-oriented, with a proactive approach to business development.
  • Ability to collaborate effectively with cross-functional teams and adapt to changing market conditions.

Join us and be a part of our dynamic team! Apply today!

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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