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For Companies At a Glance
- Tasks: Manage renewals and identify cross-sales opportunities with clients over the phone.
- Company: Join a well-established insurance broker in Kent, known for its traditional values.
- Benefits: Enjoy a proactive role with opportunities for growth and development in the insurance sector.
- Why this job: Be part of an expanding team, making a real impact in commercial insurance.
- Qualifications: Strong communication skills and experience in commercial insurance are essential.
- Other info: Opportunity to work directly with clients and manage various insurance risks.
The predicted salary is between 43200 - 72000 £ per year.
Business Development ManagerBarker Munro recruitment, the specialist insurance recruitment agency in Kent, is working on behalf on a well-established, traditional insurance Broker who are embarking on the next phase of their expansion and have a need for a Business Development Manager.The main purpose of this role is to take responsibility for a number of renewals each month (mainly telephone based). You will also be responsible for identifying and initiating cross-sales opportunities to existing clients introducing various products to your client base. You will obtain updated information from client, negotiate with Insurers and sell benefits of renewal and the products to the clients. Dealing with a wide range of commercial insurance risks with a premium levels of between £500 and £30,000. This is a pro-active role and will involve new business in addition to the renewals. As an insurance Executive, you will also need to deal with the Commercial Administration, dealing directly with clients. This will include managing midterm alterations / policy changes, setting up computer records, issuing documents to clients, checking incoming proposal forms, diary management, renewal rebroking and creating client schedules. The successful applicant will have excellent communication skills and solid background within the commercial insurance sector, gained within an Insurance Broking environment in the UK. Alternatively, there is consideration to CV’s that have been w…
Business Development Manager employer: Barker Munro Recruitment Ltd
Contact Detail:
Barker Munro Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Familiarize yourself with the specific insurance products and services offered by the company. This knowledge will help you confidently discuss cross-sales opportunities and demonstrate your understanding of the market during interviews.
✨Tip Number 2
Network with professionals in the commercial insurance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the Business Development Manager position.
✨Tip Number 3
Prepare to showcase your negotiation skills. Since the role involves negotiating with insurers, think of examples from your past experiences where you successfully negotiated terms or closed deals.
✨Tip Number 4
Highlight your communication skills in conversations with potential employers. Being able to articulate your thoughts clearly and persuasively is crucial for a Business Development Manager, especially when dealing with clients and insurers.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the commercial insurance sector, especially any roles related to business development and client management. Use specific examples that demonstrate your ability to handle renewals and cross-sales.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication skills and explains why you are a great fit for the Business Development Manager role. Mention your understanding of the insurance market and your proactive approach to client relationships.
Highlight Relevant Skills: In your application, emphasize skills such as negotiation, client management, and knowledge of commercial insurance risks. These are crucial for the role and will help you stand out.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is essential in the insurance industry.
How to prepare for a job interview at Barker Munro Recruitment Ltd
✨Show Your Insurance Knowledge
Make sure to brush up on your knowledge of commercial insurance, especially the types of risks and products relevant to the role. Being able to discuss specific examples from your past experience will demonstrate your expertise and confidence.
✨Prepare for Role-Playing Scenarios
Since the role involves negotiating with insurers and clients, be ready for potential role-playing scenarios during the interview. Practice how you would handle objections or questions from clients about renewals and cross-sales opportunities.
✨Highlight Your Communication Skills
Excellent communication is key in this role. Prepare examples that showcase your ability to communicate effectively with clients and colleagues, whether it's through phone calls, emails, or face-to-face meetings.
✨Demonstrate Proactivity
This position requires a proactive approach to business development. Be prepared to discuss how you've successfully identified and pursued new business opportunities in the past, and how you plan to do so in this role.
