New Business Development Manager
New Business Development Manager

New Business Development Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Identify and secure new business opportunities in the cyber security industry.
  • Company: Join Pen Test Partners, a dynamic organisation focused on innovation and employee growth.
  • Benefits: Enjoy competitive salary, 25 days holiday, private medical insurance, and training financing.
  • Why this job: Be part of a supportive culture that values your input and fosters professional development.
  • Qualifications: 3+ years in cyber security sales with strong communication and negotiation skills required.
  • Other info: Opportunity to work independently and collaboratively in a fast-paced environment.

The predicted salary is between 43200 - 72000 £ per year.

Pen Test Partners is an innovative and dynamic thinking organisation committed to providing a supportive environment, where our people can not only thrive but actively participate in shaping PTP’s culture and direction. With over 120 employees across pen testing, consultancy, digital forensics, sales and support functions, we pride ourselves in attracting the right people and providing them with the environment to develop and perform at their best.

We have ambitious plans and therefore are growing our team and seeking an experienced New Business Development Manager to expand their skills and join our experienced team. Your primary responsibility will be to identify and secure new business opportunities. You will engage with potential clients who are not currently utilising PTP’s services, consult with them to understand their needs, and offer tailored solutions that are both beneficial for the client and profitable for PTP. This role requires a proactive approach to sales, excellent communication skills, and the ability to build and maintain strong relationships.

Responsibilities include:

  • Business Development: Identify and pursue new business opportunities to expand PTP’s client base in multiple verticals. Conduct market research to identify potential clients and understand their needs. Develop and implement strategic business plans to secure significant revenue opportunities.
  • Client Engagement: Initiate contact with potential clients through various channels (e.g., calls, emails, networking events). Schedule and attend face-to-face meetings and calls with potential clients. Present PTP’s services and solutions in a compelling manner showing you understand the cyber security industry.
  • Sales Process Management: Build and maintain a pipeline of opportunities from initial contact to closing the deal. Create and deliver complex proposals and tender responses tailored to client requirements. Negotiate contracts and agreements to maximise profit margins.
  • Account Management: Develop and nurture relationships with new clients to ensure long-term satisfaction and retention. Grow and develop new accounts by identifying additional service opportunities. Manage challenging client requests, issues, or escalations effectively.
  • Team Collaboration: Work closely with internal sales executives to ensure seamless client onboarding and service delivery. Cover the workload of internal sales executives during their absence. Collaborate with other departments to ensure client needs are met.
  • Reporting & Process: Present accurate and relevant forecasting information based on your sales pipeline. Document all communication and meetings in Salesforce. Ensure adherence to company processes and notify relevant stakeholders if deviations are necessary. Develop strategies to continuously find new customers.

Measurement & KPIs: Initial focus on growing a robust sales pipeline. Main target will be revenue generation once settled in the role. KPIs include booking at least 5 face-to-face meetings per month and achieving sales targets.

Qualifications: Previous experience (minimum 3 years) selling cyber security services is essential, including but not limited to pen testing, incident response and consulting. Strong understanding of sales principles and customer service practices. Excellent communication, negotiation, and interpersonal skills. Proficiency in using CRM software, particularly Salesforce. Ability to work independently and as part of a team. Strong organisational and time-management skills.

Current benefits include: Competitive salary based on experience, 25 days holiday + 8 bank holidays, Private Medical Insurance and Healthcare Benefit opt in on completion of probation, Life insurance cover, Group personal pension, Financing available for training and conference attendance, EV lease salary sacrifice scheme on completion of probation, An environment where you can flourish, learn, and grow, as a person not just as an employee.

New Business Development Manager employer: Pen Test Partners

At Pen Test Partners, we pride ourselves on being an exceptional employer, fostering a vibrant work culture that encourages innovation and collaboration. Our commitment to employee growth is evident through competitive benefits, including private medical insurance, generous holiday allowances, and opportunities for professional development in the rapidly evolving cyber security sector. Located in a dynamic environment, our team thrives on tackling exciting challenges while contributing to meaningful projects that shape the future of cyber security.
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Contact Detail:

Pen Test Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land New Business Development Manager

✨Tip Number 1

Familiarise yourself with the latest trends and challenges in the cyber security industry. This knowledge will not only help you engage potential clients more effectively but also demonstrate your expertise during meetings.

✨Tip Number 2

Network actively within the cyber security community. Attend industry events, webinars, and conferences to meet potential clients and other professionals. Building relationships in these settings can lead to valuable business opportunities.

✨Tip Number 3

Utilise LinkedIn to connect with decision-makers in companies that could benefit from PTP’s services. Personalise your outreach messages to highlight how your solutions can address their specific needs.

✨Tip Number 4

Prepare for face-to-face meetings by researching the potential client's business and understanding their pain points. Tailoring your presentation to show how PTP can solve their unique challenges will significantly increase your chances of success.

We think you need these skills to ace New Business Development Manager

Business Development
Sales Strategy
Market Research
Client Engagement
Negotiation Skills
Proposal Development
Account Management
Relationship Building
Communication Skills
Interpersonal Skills
CRM Proficiency (Salesforce)
Time Management
Organisational Skills
Problem-Solving Skills
Cyber Security Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly in the cyber security sector. Emphasise your achievements in securing new clients and managing relationships.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Pen Test Partners' mission and values. Explain how your skills and experiences align with the role of New Business Development Manager and how you can contribute to their growth.

Showcase Relevant Skills: In your application, clearly demonstrate your communication, negotiation, and interpersonal skills. Provide examples of how you've successfully engaged with clients and closed deals in previous roles.

Highlight Industry Knowledge: Mention your familiarity with the cyber security industry, including any specific services like pen testing or incident response. This will show that you understand the market and can effectively communicate PTP's offerings to potential clients.

How to prepare for a job interview at Pen Test Partners

✨Research the Company

Before your interview, take some time to understand Pen Test Partners' mission, values, and recent projects. This will help you tailor your responses and show that you're genuinely interested in the company.

✨Demonstrate Your Sales Experience

Be prepared to discuss your previous experience in selling cyber security services. Highlight specific examples of how you've successfully identified and secured new business opportunities in the past.

✨Prepare for Client Engagement Scenarios

Think about potential client scenarios you might encounter in this role. Prepare to discuss how you would approach these situations, focusing on your communication and relationship-building skills.

✨Showcase Your Knowledge of the Cyber Security Industry

Make sure to brush up on current trends and challenges in the cyber security sector. Being able to speak knowledgeably about the industry will demonstrate your expertise and commitment to the role.

New Business Development Manager
Pen Test Partners
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