business development manager in short-term insurance

business development manager in short-term insurance

Full-Time On-site
Covertime

Описание:

Covertime is a UK insurance intermediary selling short-term car, van, and learner driver insurance. Customers buy directly through its app and website, as well as through price comparison sites and distribution partners.

Задачи:

  • Build a target list of prospective partner types and companies, and pursue them
  • Open conversations with decision-makers across sectors including car dealers, marketplaces, manufacturers, motor finance, car sharing, vehicle rental and subscription, driving schools, and brokers
  • Pitch Covertime and address questions about price, product, and competitors
  • Manage the pipeline from first call to signed deal and forecast it accurately
  • Meet new partner, sales, and income targets
  • Shape commercial terms, including CPA, revenue share, or hybrid models
  • Work with Finance and Pricing teams to prepare deal numbers before making offers
  • Negotiate and close contracts
  • Lead partner launches from signature to go-live with Engineering, Product, and Marketing teams
  • Agree the right set-up for each partner, from a simple link to a fully embedded journey
  • Provide partners with sales materials and support, and obtain required sign-offs, including marketing approval
  • Own partner relationships and monitor their performance
  • Find ways to increase sales through each partner, including better placement, smoother journeys, new products, and new customer groups
  • Hold regular performance reviews and resolve problems before they affect sales
  • Lead renewals and renegotiations
  • Monitor competitors' partnership activity
  • Bring partner and customer feedback into pricing, product, and marketing plans
  • Represent partners in Covertime's decision-making and ensure products and customer journeys meet their needs

Требования:

  • Proven track record of winning B2B partnerships or new business deals, meeting targets, and demonstrating results
  • At least 3 years of experience in business development, partnerships, or sales in insurance, insurtech, motor, fintech, or another consumer market
  • Confident opening doors, pitching to senior people, and negotiating commercial terms
  • Understand partnership commercial models, including CPA, revenue share, white label, affiliate, or embedded, and how to make them profitable
  • Genuine interest in end customers and using their needs to shape products and deals
  • Self-starter able to build a pipeline, pitch materials, and processes from scratch in a small team
  • Comfortable using data to identify opportunities and manage partner performance
  • Must have the right to work in the United Kingdom
  • Будет плюсом: Experience or contacts in industries whose customers often need short-term insurance, experience selling short-term, usage-based, or digital motor insurance, experience launching API or embedded partnerships with technical teams, awareness of how FCA rules apply to insurance distribution, experience in a start-up or high-growth business

Условия:

  • Performance bonus linked to new partner income
  • 25 Days' holiday plus bank holidays
  • Company pension (salary sacrifice)
  • Hybrid working: 1 day a week in central London, the rest remote
  • Opportunity to build a new growth channel from close to the start, with room to grow into a Head of Partnerships role

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business development manager in short-term insurance employer: Covertime

At Covertime, we pride ourselves on being a dynamic and innovative employer in the insurance sector, where our team of seasoned experts fosters a collaborative and supportive work culture. With exciting growth plans and a commitment to employee development, we offer unique opportunities for career advancement while ensuring a healthy work-life balance through flexible working arrangements. Join us in the heart of London, where your contributions will directly impact our mission to provide exceptional customer experiences in temporary car insurance.

Covertime

Contact Details:

Covertime Recruitment Team