At a Glance
- Tasks: Drive new business sales in the dynamic credit insurance market.
- Company: Join Coface, a global leader in trade solutions with a collaborative culture.
- Benefits: Competitive salary, international exposure, and opportunities for professional growth.
- Other info: Be part of a certified Great Place to Work® with a focus on innovation.
- Why this job: Make a real impact in a fast-paced environment while shaping the future of trade.
- Qualifications: Degree in Finance or Business, with at least 3 years of sales experience.
The predicted salary is between 50000 - 65000 £ per year.
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.
Responsibilities:
- 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.
- Whilst 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.
Additional Information:
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.
Coface UK & Ireland Certified as a Great Place to Work®
BDM - Direct Sales, Mid-Market (London/South of UK) employer: Coface
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 dynamic international environment based in London, employees benefit from strong growth opportunities, exposure to senior leadership, and the chance to work with a diverse team of experts dedicated to navigating complex economic landscapes. Join us to shape the future of trade while enjoying a supportive workplace certified as a Great Place to Work®.
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! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential leads on LinkedIn. The more connections you make, the better your chances of landing that BDM role.
✨Tip Number 2
Show off your sales skills! When you get the chance to chat with hiring managers, share specific examples of how you've met or exceeded targets in the past. Use numbers and results to back up your claims – it’s all about proving you can deliver!
✨Tip Number 3
Research, research, research! Know everything you can about Coface and the credit insurance market before your interview. This shows you're genuinely interested and ready to hit the ground running. Plus, it’ll help you ask insightful questions that impress the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team and contributing to our mission of helping companies trade smarter.
We think you need these skills to ace BDM - Direct Sales, Mid-Market (London/South of UK)
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 mission!
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 can help us navigate the complexities of the market. Keep it engaging and personal.
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 are proactive and well-connected!
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. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Coface
✨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 not only help you answer questions confidently but also 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 how you've met or exceeded targets, built relationships, and navigated challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨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 to benefit Coface.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. Inquire about the team dynamics, the company's approach to market changes, or how success is measured in this role. This shows you're engaged and thinking about how you can contribute to the company's goals.