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- Tasks: Drive new business by prospecting and closing deals with UK mid-market firms.
- Company: Join a growing consultancy focused on delivering tailored solutions in the private equity sector.
- Benefits: Enjoy a competitive salary, bonus package, and hybrid work options.
- Why this job: Be part of a dynamic team making an impact in the business development landscape.
- Qualifications: Experience in new business sales, especially in private equity and mid-market sectors is essential.
- Other info: This role offers a chance to work closely with ESG consultants.
The predicted salary is between 43200 - 72000 £ per year.
Business Development Manager Role: Business Development Manager Location : London – hybrid Salary : Competitive salary and bonus package (based on 30% OTE), dependent on experience Our client is seeking an New Business Development Manager to join their expanding consultancy, to target UK mid-market firms and private equity prospects. The role focuses on prospecting, pipeline management, and closing deals, and working closely with ESG consultants to deliver tailored solutions. Job Responsibilities: Prospecting: Identify and target potential clients within UK mid-market and private equity sectors. Successfully start conversations with new contacts. Pipeline Management : Develop and maintain a robust sales pipeline, ensuring consistent progression of prospects through the sales funnel. Demonstrate influencing skills and the ability to shorten the sales cycle. Closing Deals : Drive the sales process from initial contact to closing, negotiating terms and securing new business. Professional and Personal Attributes: Proven track record of new business sales, particularly within the private equity sector, and UK mid-market firms…
Business Development Manager employer: Timely Recruit
Contact Detail:
Timely Recruit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Familiarize yourself with the UK mid-market and private equity sectors. Research key players, trends, and challenges in these areas to demonstrate your knowledge during conversations.
✨Tip Number 2
Network strategically by attending industry events and joining relevant online forums. Building relationships with professionals in the private equity space can lead to valuable connections and insights.
✨Tip Number 3
Practice your pitch! Be ready to articulate how you can add value to potential clients and how your experience aligns with their needs. Tailor your approach based on the specific challenges faced by mid-market firms.
✨Tip Number 4
Stay updated on ESG trends and regulations, as this role involves working closely with ESG consultants. Understanding these topics will help you engage more effectively with prospects and position your solutions.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the private equity sector and UK mid-market firms. Use specific metrics to demonstrate your success in prospecting and closing deals.
Craft a Compelling Cover Letter: In your cover letter, emphasize your proven track record in new business sales. Discuss how your skills align with the responsibilities of the role, such as pipeline management and influencing skills.
Showcase Your Knowledge of ESG: Since the role involves working closely with ESG consultants, mention any relevant experience or knowledge you have in this area. This will show that you understand the importance of tailored solutions in business development.
Highlight Your Communication Skills: Effective communication is key in business development. Provide examples in your application that demonstrate your ability to start conversations with new contacts and negotiate terms successfully.
How to prepare for a job interview at Timely Recruit
✨Research the Company and Sector
Before your interview, make sure to thoroughly research the consultancy and its position within the UK mid-market and private equity sectors. Understanding their services and recent projects will help you tailor your responses and demonstrate your genuine interest.
✨Prepare for Prospecting Questions
Expect questions about your approach to prospecting and how you identify potential clients. Be ready to share specific examples from your past experiences where you successfully initiated conversations and built relationships with new contacts.
✨Showcase Your Pipeline Management Skills
Be prepared to discuss how you manage a sales pipeline effectively. Highlight your strategies for maintaining momentum and progressing prospects through the sales funnel, as well as any tools or methodologies you use to track your progress.
✨Demonstrate Closing Techniques
Since closing deals is a key part of the role, be ready to talk about your negotiation skills and techniques. Share examples of successful deals you've closed, focusing on how you navigated challenges and secured favorable terms.
