BDM - Direct Sales, Mid-Market (London/South of UK)

BDM - Direct Sales, Mid-Market (London/South of UK)

Full-Time 50000 - 65000 £ / year (est.) No working from home possible
Coface Group

At a Glance

  • Tasks: Drive new business sales in the credit insurance market and build valuable relationships.
  • Company: Join a dynamic, international team at Coface with a culture of collaboration and innovation.
  • Benefits: Competitive salary, career growth, and exposure to senior leadership.
  • Other info: Opportunity for cross-border collaboration and professional development.
  • Why this job: Make a real impact in a fast-paced environment while shaping the future of trade.
  • Qualifications: Degree in Finance or Business, 3+ years of sales experience, and strong negotiation skills.

The predicted salary is between 50000 - 65000 £ per year.

Full-time

Department: Commercial - 002

Contract type: Permanent contract

Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world. With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring — all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy.

Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions. Shape the future of trade with us. Join our team!

Mission:

This role will support our national sales efforts, with a particular focus on London (and the Southern areas) of the UK.

  • To deliver new business sales to meet individual target and team target.
  • Liaise with the Commercial Department to ensure prudent Commercial Underwriting of Credit Insurance Business, adhering to Group and UK Rules and Standards.
  • Develop interest and awareness in the Credit Insurance market in your allocated geographical region to generate leads and secure profitable business for Coface.
  • To identify opportunities for all Coface product lines, thereby maximising contribution to the business while converting internal leads presented.
  • Develop and build a network of introducers and a panel of general insurance brokers, in your geographical area to provide you new business leads.
  • To work closely with Commercial Underwriting, the Marketing Department and any external marketing resource employed, in managing leads and feeding back activity results.
  • To work closely with the Client Services & Contract Services teams to ensure a timely and efficient service to prospects and clients.

Tasks and Responsibilities:

  • Delivery of budgeted targets for new sales for credit insurance.
  • Generate and follow up leads and appointments through own networking and proactive prospecting as well as using Coface marketing resources.
  • Update and maintain the CRM system.
  • Manage relationships with prospects and introducers.
  • Manage relationships with internal stakeholders.
  • Price cases via the PEPS pricing tool.
  • Produce accurate contract documentation via CofaFlow system.
  • Do full KYC (know your customer) and UBO (ultimate beneficial owner) checks on all policies sold.

Qualifications:

  • Degree educated (2.1) in a Finance, Business or related field.
  • Previous sales experience is essential (min of 3 years) and previous TCI industry experience is desirable.
  • Autonomous: able to self-motivate and focus on goals and activities while working on one’s own.
  • Sales negotiation and communication skills.
  • Prioritisation: determines the importance of each task and allocates time accordingly.
  • In depth familiarity and knowledge of various contract structures in order to know how best to negotiate between price and risk.
  • Knowledge of current economic climate and how it affects the market.
  • Driven with the ability to thrive in a target driven environment.
  • Proven track record in meeting and exceeding targets.
  • Proven track record in building long term relationships internally and externally.
  • An understanding of compliance in a regulated environment.

Why Join Coface?

At Coface, we offer a dynamic, international working environment where your expertise will directly contribute to the success and expansion of our UK business. You will work alongside high-calibre professionals in a fast-paced, strategic role with strong exposure to senior leadership and cross-border collaboration. If you are a commercially minded professional looking for an exciting opportunity to make an impact, we invite you to apply.

BDM - Direct Sales, Mid-Market (London/South of UK) employer: Coface Group

Coface is an exceptional employer that champions a culture of collaboration, learning, and inclusion, making it an ideal place for professionals seeking to make a meaningful impact in the field of trade credit insurance. With a strong focus on employee growth and development, you will have the opportunity to work alongside a diverse team of experts in a dynamic international environment, all while contributing to the success of our UK operations. Join us in shaping the future of trade and enjoy the benefits of a supportive workplace that values your ideas and initiatives.

Coface Group

Contact Details:

Coface Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land BDM - Direct Sales, Mid-Market (London/South of UK)

Tip Number 1

Network like a pro! Attend industry events, join relevant online forums, and connect with people on LinkedIn. The more you engage with others in the field, the better your chances of landing that BDM role.

Tip Number 2

Practice your pitch! Be ready to talk about your experience and how it aligns with the job description. Tailor your message to highlight your sales achievements and understanding of the credit insurance market.

Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll be part of a community that values collaboration and innovation.

We think you need these skills to ace BDM - Direct Sales, Mid-Market (London/South of UK)

Sales Experience
Networking Skills
CRM Management
Sales Negotiation Skills
Communication Skills
Relationship Management
Market Awareness

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the BDM role. Highlight your sales experience and any relevant achievements that align with the job description. We want to see how you can contribute to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills match what we're looking for. Keep it engaging and personal, so we get a sense of who you are.

Showcase Your Networking Skills:Since building relationships is key in this role, mention any relevant networks or connections you have in the industry. We love seeing candidates who can hit the ground running with their existing contacts!

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Coface Group

Know Your Stuff

Make sure you understand the Credit Insurance market and Coface's offerings inside out. Research their products, recent news, and how they fit into the current economic climate. This will help you answer questions confidently and show your genuine interest in the role.

Showcase Your Sales Skills

Prepare to discuss your previous sales experiences in detail. Have specific examples ready that demonstrate your ability to meet and exceed targets, build relationships, and negotiate effectively. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

Network Like a Pro

Since this role involves building a network of introducers and brokers, be ready to talk about your networking strategies. Share how you've successfully generated leads in the past and how you plan to leverage your connections in the London/South UK area.

Ask Smart Questions

Prepare insightful questions to ask at the end of your interview. This could include inquiries about the team dynamics, the company's growth plans, or how success is measured in this role. It shows you're engaged and thinking about your future with the company.