At a Glance
- Tasks: Drive business growth by building relationships in the UK financial adviser market.
- Company: Join Howden, a dynamic company transforming retirement and benefits support.
- Benefits: Enjoy a competitive bonus, generous pension, and extensive voluntary benefits.
- Other info: Embrace a supportive environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in a high-impact role with flexible working options.
- Qualifications: Experience in business development and a strong network in the SIPP market.
The predicted salary is between 50000 - 60000 £ per year.
We're becoming Howden. From this autumn, Barnett Waddingham will become Howden, bringing our people together as one and creating a more connected approach to retirement, benefits and risk. As you explore opportunities with us, you'll start to see more of Howden's name, people and experience throughout the recruitment process.
We are seeking a Business Development Manager (BDM) to play a pivotal role in growing and broadening the support base for our SIPP proposition within the UK financial adviser market. This is a senior, high-impact role combining new business origination with relationship deepening. The role will suit someone who thrives in a lower-infrastructure environment, is comfortable building their own momentum, and takes pride in developing structure, insight and opportunity. This is a permanent role and geographic location is flexible (outside London), with a genuinely UK-wide remit.
A Snapshot Of Your Day:
- Identify, prioritise and pursue new adviser relationships capable of delivering long-term, repeat SIPP business.
- Actively manage and deepen relationships with existing key introducers, recognising that adviser-level engagement does not automatically translate into firm-wide support.
- Build strong working relationships with advisers, paraplanners, research teams and support staff.
- Apply sound judgement in targeting adviser firms, recognising where our proposition is well-differentiated and where it is not.
- Support the business as proposition changes are introduced, including in commercial property SIPPs.
- Manage and convert suitable non-advised enquiries in line with regulatory boundaries and internal policies.
We would love to hear from you if you have:
- Proven experience in business development within the SIPP and adviser market is essential.
- An established network of financial adviser contacts, with the ability and appetite to continually expand it.
- Strong commercial judgement and the discipline to focus on high-value opportunities.
- Clear understanding of regulatory requirements and boundaries.
- Exposure to DFMs, national advice firms, banks and large adviser groups.
- Experience handling non-advised pension enquiries.
- Relevant professional qualifications (e.g. financial planning or pensions-related).
What’s In It For You:
- Competitive discretionary annual bonus.
- Generous pension scheme.
- Core benefits for you including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.
- A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, sports allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.
Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Other information: Happy to talk flexible working.
Business Development Manager employer: Barnett Waddingham
At Howden, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Business Development Manager, you'll enjoy a flexible working environment with a UK-wide remit, competitive benefits including a generous pension scheme and a comprehensive range of voluntary perks, all while having the opportunity to grow your career in a supportive setting that values innovation and personal development.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Barnett Waddingham. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Barnett Waddingham.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Barnett Waddingham's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Barnett Waddingham
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Barnett Waddingham.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Barnett Waddingham will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Barnett Waddingham employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.