Business Development Manager

Business Development Manager

Full-Time 51750 - 63250 £ / year (est.) Home office (partial)
C

At a Glance

  • Tasks: Drive business growth by developing new opportunities and managing existing accounts in the insurance sector.
  • Company: Join Previsico, a leader in innovative flood forecasting technology.
  • Benefits: Enjoy a competitive salary, hybrid work model, and opportunities for professional growth.
  • Other info: Be part of a dynamic team focused on sustainability and innovation.
  • Why this job: Make a real difference by helping reduce flood impacts while advancing your career.
  • Qualifications: 5+ years in business development, preferably in SaaS or insurance sectors.

The predicted salary is between 51750 - 63250 £ per year.

Overview

Minimise the impact of flooding using actionable early warnings | Previsico!

  • Geo focus
  • : Focus on the UK, while supporting fledging global growth
  • Reporting to
  • : Head of Sales & Marketing
  • Principal Work Location/Setup
  • : London, hybrid model with 2-3 days expected in office
  • Context
  • The Issue

: One-fourth of all properties and one-third of commercial properties in the UK are at risk of flooding.

Flood-related damages cost the UK a staggering £1.3 billion annually and are expected to increase five-fold by 2050.

According to latest estimates these costs can be reduced by half with improved flood forecasting and preparation.

However, existing forecasting methods have fallen short when it comes to the unpredictable nature of storms.

Hourly shifts in weather patterns can give rise to floods that escape detection through conventional means.

The Solution

: At Previsico, our goal is to diminish the impact of floods on individuals and organizations by half.

Our cutting‑edge tech, honed since 2001 and incubated at Loughborough University until 2019, has revolutionized flood forecasting.

It allows for highly accurate, property‑level, real‑time alerting, empowering individuals and businesses to prepare effectively, thereby minimizing, and in some cases, preventing damage and disruptions.

The Results

: We almost doubled our revenues in 2024, and our services are now supporting over 200 clients within the insurance, private, and utilities sectors, including Zurich, Liberty, and National Grid.

In 2024, we secured additional funding earmarked to turbocharge our growth through the expansion of our Go‑To‑Market function.

Role

You will be responsible for finding and developing new opportunities as well as managing and growing existing accounts within the insurance space, both directly and through partners and partnerships.

You will research and evaluate market trends, competitors, potential customers and partners and establish contact and rapport with them.

You will pitch, and together with clients, define value propositions and benefits of the service, negotiating and closing deals while managing and nurturing the relationship throughout its entire lifecycle.

You will collaborate closely with internal teams such as project management and customer success to ensure seamless client experience and long‑term satisfaction.

  • Industry Leadership & Business Development
  • Own the complete sales cycle, from identifying and qualifying leads to pitching, RFP production, value proposition definition, negotiation, and closing.
  • Own the definition and implementation of targeted sales playbooks and strategies for the Insurance industry (insurers, brokers, MGAs, TPAs etc.), that guide the approach to engaging clients, tailoring messaging, and presenting use‑cases relevant to the sector.
  • Collaborate with cross‑functional teams—including marketing, product development, and customer success—to develop comprehensive plans for market penetration and growth within these industries.
  • Identify and develop key partnerships with other businesses, leveraging these relationships to drive sales through indirect channels and collaborative go‑to‑market strategies.
  • Cultivate relationships with partners, ensuring alignment of flood forecasting solutions with their offerings, and jointly promoting the benefits to their customer base.
  • Work closely with partners to drive mutual success, ensuring that both new business development and ongoing sales initiatives are effectively executed through these channels.
  • Collaborate with the project manager and customer success manager to ensure smooth transitions from sales to project implementation, ensuring client satisfaction and retention.
  • Demonstrate flexibility in adapting to changing priorities and business needs, offering support to colleagues across various functions as required.
  • Be proactive in sharing insights, knowledge, and best practices with team members, fostering a supportive environment that encourages mutual success.
  • Target Achievement and Growth
  • Attain predefined performance targets, focusing on key metrics such as sales conversion, sales cycle, client ARR growth, revenue growth, and expansion within strategic accounts.
  • Identify opportunities to upsell additional services, features, and solutions that align with strategic clients’ evolving needs.
  • Maintain 100 % accuracy of sales pipeline.
  • UK Market Focus & Global Support
  • Primarily focus on sales efforts within the UK market, targeting the insurance sector, to drive business development and growth.
  • While the main responsibility is within the UK, be prepared to support global sales initiatives, particularly for insurance sector businesses, by contributing to bids, proposals, and strategic efforts as required.
  • Required Skills and Qualifications
  • Proven 5+ years working experience as a business development manager or sales executive preferably in a Saa S startup environment.
  • Proven track record of independently selling services/solutions to large enterprises within the insurance sector from lead generation to discovery, qualification and negotiation.
  • Experience with consultative selling and successfully leading partnership sales desirable.
  • Ability to independently drive the development of new industries from scratch, identifying growth opportunities, analyzing market trends, and adapting strategies accordingly.
  • Ability to build rapport with senior stakeholders.
  • Strong preparation, time‑management, and organizational skills.
  • Strong analytical and organizational skills with a curiosity for better understanding clients and their issues.
  • Clear written and verbal communication skills, along with the ability to craft compelling presentations and case studies.
  • Numerical abilities and problem‑solving attitude.
  • Proficiency in MS Office and CRM software (Hub Spot).
  • Proficiency in English and right to work in the UK.
  • Equal Opportunity Employer
  • Previsico is an equal opportunity employer.

All employment decisions are based on qualifications, merit, and business needs, without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.

  • Seniority level
  • Mid‑Senior level
  • Employment type
  • Full‑time
  • Job Function
  • Sales and Business Development
  • Industries
  • Environmental Services, Software Development, and Insurance
  • #J-18808-Ljbffr

Business Development Manager employer: Connecticut Innovations

Previsico is an exceptional employer, offering a dynamic work culture that prioritises innovation and collaboration in the fight against flooding. With a hybrid working model based in London, employees benefit from flexible arrangements while contributing to meaningful solutions that protect communities. The company fosters professional growth through continuous learning opportunities and encourages a supportive environment where team members can share insights and best practices.

C

Contact Details:

Connecticut Innovations Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Manager

Get to Grips with Data Visualisation Tools

If you're aiming for a full-time role in business intelligence, brush up on your skills with popular data visualisation tools like Tableau or Power BI. Showcasing projects where you've transformed raw data into clear visual insights can give you a real edge.

Join Local Business Intelligence Meetups

Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like Connecticut Innovations!

Engage with Online BI Communities

Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.

Leverage Your University’s Career Support

If you're a recent graduate, definitely tap into your university's career services. Many have connections with companies in need of full-time BI specialists, and they can guide you on how to pitch yourself effectively—don't miss out on that!

We think you need these skills to ace Business Development Manager

Business Development
Sales Strategy
Consultative Selling
Partnership Sales
Market Analysis
Lead Generation
Negotiation Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.

Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.

Tailor Your Documents for Us:When applying for a full-time role at Connecticut Innovations, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!

Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.

How to prepare for a job interview at Connecticut Innovations

Show off your analytical skills

In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!

Practice your technical know-how

Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.

Portfolio of Projects

Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.

Know their business model

Get familiar with Connecticut Innovations’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.