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- Tasks: Drive business growth by building relationships with private equity firms and promoting insurance services.
- Company: Join a leading Insurance Broker in London with a dynamic growth strategy.
- Benefits: Competitive salary, collaborative environment, and opportunities for professional development.
- Why this job: Be at the forefront of the insurance industry and make impactful connections.
- Qualifications: 1-5 years in sales with strong negotiation and communication skills.
- Other info: Fast-paced role with excellent career advancement potential.
The predicted salary is between 36000 - 60000 £ per year.
Angove Partners is partnering with a leading Insurance Broker in London seeking a Business Development Associate to assist in their ambitious growth strategy.
As a member of the business development team, the Business Development Associate will handle a variety of work-streams in a fast-paced and highly collaborative environment. The role will be very hands-on, and the successful candidate will play a critical role in facilitating interactions between the insurance brokerage firms and private equity firms and other potential clients.
What will you be doing?
- Act as the primary point of contact and relationship manager for private equity firms, establishing and nurturing strong partnerships.
- Develop a deep understanding of the private equity industry, including its dynamics, trends, and challenges related to insurance and employee benefits.
- Collaborate with private equity firms to understand their specific needs and requirements for insurance and employee benefits due diligence during M&A activities.
- Conduct strategic sales activities, including presentations, negotiations, and relationship-building efforts, to promote insurance brokerage services and secure new business opportunities.
- Collaborate with internal teams, such as underwriters, brokers, and analysts, to ensure a seamless transition from due diligence to post-closing insurance brokerage services.
What do you need to apply to this role?
- 1-5 years experience in Sales Industry, with demonstrated sales success.
- Experience in full sales cycle including deal closing.
- Strong negotiation skills.
- Strong communication and presentation skills.
- Strong M&A understanding.
Business Development Associate in City of London employer: Angove Partners
Contact Detail:
Angove Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Associate in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the private equity and insurance sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Business Development Associate role.
✨Tip Number 2
Show off your skills! Prepare a killer pitch that highlights your sales success and negotiation prowess. Practice your presentation skills so you can confidently showcase how you can add value to the team. Remember, it’s all about making a lasting impression!
✨Tip Number 3
Do your homework! Research the latest trends and challenges in the private equity and insurance industries. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role and the company. We love candidates who come prepared!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who are ready to dive into the fast-paced world of business development. Don’t miss out on this opportunity!
We think you need these skills to ace Business Development Associate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Associate role. Highlight your sales experience and any relevant achievements that showcase your negotiation skills and understanding of the M&A landscape.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance industry and how your background aligns with the needs of private equity firms. Keep it engaging and personal.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects your ability to convey ideas clearly. Use concise language and structure your documents well to demonstrate your presentation skills.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Angove Partners
✨Know Your Stuff
Make sure you have a solid understanding of the private equity industry and its relationship with insurance. Brush up on current trends and challenges, as this will show your potential employer that you're genuinely interested and knowledgeable about the field.
✨Showcase Your Sales Success
Prepare to discuss specific examples of your sales achievements. Highlight your experience in the full sales cycle, especially any deal-closing successes. This will demonstrate your capability and confidence in driving business growth.
✨Practice Your Pitch
Since you'll be involved in presentations and negotiations, practice articulating your ideas clearly and persuasively. Consider doing mock interviews with friends or colleagues to refine your communication skills and get comfortable with presenting.
✨Build Rapport
As a Business Development Associate, relationship management is key. During the interview, focus on building rapport with your interviewers. Show them your interpersonal skills and how you can establish strong partnerships, which is crucial for the role.
