At a Glance
- Tasks: Drive institutional sales and develop relationships with UK pension funds and insurers.
- Company: Join Berenberg, a leading European private bank with over 430 years of history.
- Benefits: Enjoy a 10% pension contribution, 30 days holiday, health insurance, and enhanced parental leave.
- Why this job: Be part of a forward-looking team that values innovation and independent thinking.
- Qualifications: 5+ years in asset management, strong network in UK institutions, and excellent communication skills required.
- Other info: Berenberg is committed to diversity and offers reasonable accommodations during the recruitment process.
The predicted salary is between 43200 - 72000 £ per year.
Description & Requirements
For our Asset management division in London we are looking to hire a: VP, Institutional Sales
Your role in the team
This is an exciting opportunity for a UK institutional sales professional with a proven track record in developing and executing successful sales strategies. The focus will be on generating profitable new business from UK institutions, including pension funds and insurers. Ideally, the individual should have strong relationships with UK pension schemes, in particular, the LGPS and/or insurance sector. The successful candidate will need a strong network of relationships, a keen grasp of investment, and the ability to operate within the UK pension and investment industry. This role will also cover Global and local UK consultant relations so the individual should also be able to demonstrate a good understanding of, and experience of having successfully developed relationships with, investment consultants.
What will you do?
- Further develop the institutional investors network (LGPS and insurers) and help drive the expansion of Berenberg Asset Management in the UK.
- Establish and develop relationships with key prospects, demonstrating a clear understanding of clients’ investment criteria, positioning Berenberg as a strategic partner.
- Project manage all aspects of the sales process for any given opportunities, including assisting with RFP submissions, and providing input on sales materials.
- Provide prospect and market feedback back into the business, enabling this intelligence to be used to generate relevant product capabilities.
- Contribute to Berenberg’s marketing efforts, including attendance at industry conferences and events.
- Monitor and track competitor activity.
- Deliver exceptional service to clients.
Who are we looking for?
- At least 5 years’ experience in asset management with a focus on institutional sales.
- Strong technical product and investment skills, enabling effective dialogue with consultants and clients.
- A well-established network of contacts across the UK institutional client segments, particularly in the LGPS and/or insurance sector.
- Positive mindset and Sales-focused.
- Proactive and enjoys taking ownership of relationships and tasks.
- Excellent written and verbal communication skills.
- A good team player.
- Strong work ethic with high levels of professionalism.
- Strong academic background preferred.
- Professional qualifications – Investment Management Certificate (IMC) or equivalent required.
What we offer you:
- Private pension plan – 10% of base salary contribution by Berenberg.
- 30 day holiday allowance.
- Private Health Insurance.
- Life Insurance scheme.
- Enhanced parental leave policies.
- Employee Assistance Programme offering counselling sessions related to mental health, financial wellbeing and other topics.
Apply online now to join our team – we look forward to receiving your application!
We are a leading European private bank, with over 430 years of experience and deep rooted history, but we are still shaping and heavily investing in our future. Our progress and evolution are driven by our people. We encourage them to try new approaches, voice their opinions and achieve success in their own way.
We provide opportunities for them to develop their talents, explore different career paths and achieve their full potential. We’re an ambitious, forward-looking business, backed by centuries of tradition and built on innovation. You’ll find a culture that encourages people to think independently, act entrepreneurially and challenge the status quo. Together we collaborate to shape our business and fulfil our ambitious goals. We welcome you to join us in our commitment to always do the right thing for our people, clients and our business – Our future is where you take us!
We will only accept applications submitted through our online application management system on the website.
Berenberg is an Equal Opportunities Employer and prides itself on being a modern, dynamic and internationally orientated organisation. We value the rich diversity, skills and abilities and creative potential that people from differing backgrounds and experiences bring to the workplace. Every employee plays a vital role in providing quality service to all our customers and helping to create an inclusive working environment, where everyone can realise their full potential. We’re committed to finding reasonable accommodations for candidates who require adjustments during our recruiting process. Please contact us directly on to discuss.
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VP, Institutional Sales employer: Berenberg
Contact Detail:
Berenberg Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP, Institutional Sales
✨Tip Number 1
Leverage your existing network to connect with decision-makers at UK pension schemes and insurers. Attend industry events and conferences where these professionals gather, as this will help you establish rapport and demonstrate your expertise in institutional sales.
✨Tip Number 2
Stay updated on the latest trends and developments in the UK pension and investment industry. This knowledge will not only enhance your conversations with potential clients but also position you as a thought leader in the field.
✨Tip Number 3
Prepare to discuss specific case studies or examples of successful sales strategies you've implemented in the past. Being able to articulate your experience with tangible results will make you stand out as a candidate who can drive business growth.
✨Tip Number 4
Demonstrate your understanding of the unique needs of LGPS and insurance clients during networking opportunities. Tailor your approach to show how Berenberg can be a strategic partner that aligns with their investment criteria and goals.
We think you need these skills to ace VP, Institutional Sales
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in institutional sales, particularly with UK pension schemes and the insurance sector. Emphasize your proven track record in developing successful sales strategies.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of Berenberg's values and how your background aligns with their goals. Mention specific relationships you have within the LGPS and insurance sectors to showcase your network.
Showcase Your Technical Skills: Highlight your technical product and investment skills in both your CV and cover letter. Provide examples of how you've effectively communicated with consultants and clients in the past.
Prepare for the Interview: If selected for an interview, be ready to discuss your approach to project managing the sales process and how you would contribute to Berenberg’s marketing efforts. Prepare to share insights on competitor activity and market feedback.
How to prepare for a job interview at Berenberg
✨Showcase Your Network
Highlight your established relationships with UK pension schemes and insurers during the interview. Be prepared to discuss how these connections can benefit Berenberg Asset Management and help drive new business.
✨Demonstrate Industry Knowledge
Make sure to exhibit a strong understanding of the UK pension and investment industry. Discuss recent trends, challenges, and opportunities that could impact institutional sales, showcasing your expertise.
✨Prepare for Sales Process Discussions
Be ready to talk about your experience in managing the sales process, including RFP submissions and client interactions. Provide examples of how you've successfully navigated these processes in the past.
✨Emphasize Team Collaboration
Berenberg values teamwork, so be sure to share examples of how you've worked effectively within a team. Highlight your ability to collaborate with colleagues to achieve common goals and deliver exceptional service to clients.