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- Tasks: Drive business growth by building relationships with high-net-worth clients and brokers.
- Company: Join a dynamic MGA experiencing significant growth in the insurance sector.
- Benefits: Enjoy a competitive salary, generous bonuses, and excellent staff perks, including private medical insurance.
- Why this job: Make a real impact in a newly created role with autonomy and support from a strong team.
- Qualifications: Previous experience in HNW/Private Clients insurance is essential; sales-focused mindset required.
- Other info: This is a home-based role for candidates in North England, offering flexibility and independence.
The predicted salary is between 48000 - 68000 £ per year.
Business Development Manager (HNW-Private Clients) – North of England – Home Based
Reference:
AB/490
Basic Salary £60K to £85K Plus Excellent Benefits
If you are an experienced Business Development Manager (HNW/Private Clients) who is looking for a new exciting career opportunity with an exceptional MGA/company, then this could be an ideal career move.
You will need to be residing in and around the North of England (Ideally Yorkshire or Lancashire), where this is a home-based role, with their Head Office being based in London, where you will not be micromanaged, and a great deal of autonomy would be provided. In additional you will be provided with additional support from senior management and a strong team of underwriters to ensure you can maximise every possible opportunity to being successful in performing this role to its full potential.
Due to the company going through a significant growth and development programme this is an ideal time to be joining the business where you’ll work the broker markets within the North of England & surrounding areas. The reason for this opportunity is a newly created role and there is therefore massive scope to make an impact within the company/region.
This will include inheriting an existing portfolio of insurance intermediaries focusing on retention and there is also a significant emphasis on developing new business through the current panel of key brokers. New broker partners, and ones that are maybe underperforming who might need a bit of TLC.
This BDM opportunity which requires someone to be sales focused and it would be advantageous if the successful person coming into the business also has existing broker relationships within the geographical area which are transferrable although not essential.
To apply for this role, you will need to have previous HNW/Private Clients insurance experience from either an insurer or MGA background, or both, and are comfortable being in a sales environment working to sales targets set by management.
Within the role you will be required to:-
MAIN DUTIES & RESPONSIBILITIES:
- Identifying new trading relationships and broker opportunities for Private Client (mid/high net worth insurance), assisted by collaboration with Regional Directors and commercial BDMs.
- Operate within a defined geographic area (North of England) with a flexibility to control ‘out of area’ connections.
- Escalation contact for broker partners.
- Complete weekly reports in a pre-defined format.
- Attending regular sales meetings.
- Arrange joint broker meetings with colleagues as required.
- Working alongside the company’s Director and Regional Directors to manage strategies.
- Working in a team of Business Development Managers covering all parts of the UK.
- Support and work alongside the trading underwriters based in London.
- No direct reports or line management responsibility.
Attractive basic salary £60k to £85K, generous bonus incentive, PMI. and other excellent staff benefits come as standard should you be successfully appointed.
For further information please contact Andy Baker on 07834 596414/0113 4961720 or email andy@cryerbaker.co.uk
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Business Development Manager (HNW-Private Clients) - North of England - Home Based employer: Cryer Baker Recruitment Ltd.
Contact Detail:
Cryer Baker Recruitment Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager (HNW-Private Clients) - North of England - Home Based
✨Tip Number 1
Network with professionals in the insurance industry, especially those who work with high-net-worth clients. Attend local events or join online forums to connect with potential brokers and partners in the North of England.
✨Tip Number 2
Research the key players in the broker market within your geographical area. Understanding their needs and how you can provide value will help you stand out during discussions and meetings.
✨Tip Number 3
Prepare to discuss your previous successes in business development, particularly any experience with HNW clients. Be ready to share specific examples of how you've built and maintained broker relationships.
✨Tip Number 4
Familiarise yourself with the company's growth plans and how your role as a Business Development Manager can contribute to these objectives. Showing that you understand their vision will demonstrate your commitment and enthusiasm for the position.
We think you need these skills to ace Business Development Manager (HNW-Private Clients) - North of England - Home Based
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in business development, particularly with high net worth and private clients. Emphasise any existing broker relationships you have in the North of England, as this is a key requirement for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the insurance market and your sales achievements. Mention how your skills align with the company's growth objectives and your enthusiasm for working autonomously while collaborating with a strong team.
Highlight Relevant Experience: In your application, focus on your previous roles in HNW/private client insurance, detailing specific examples of how you've successfully developed new business and maintained broker relationships. Use metrics to demonstrate your success where possible.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in a business development role.
How to prepare for a job interview at Cryer Baker Recruitment Ltd.
✨Research the Company and Role
Before the interview, make sure to thoroughly research the company and understand its values, mission, and recent developments. Familiarise yourself with the specifics of the Business Development Manager role, especially in relation to HNW/Private Clients, as this will show your genuine interest and preparedness.
✨Highlight Relevant Experience
During the interview, be ready to discuss your previous experience in business development, particularly within the insurance sector. Emphasise any existing relationships you have with brokers in the North of England, as this could give you an edge over other candidates.
✨Demonstrate Sales Acumen
Since this role is sales-focused, prepare to share specific examples of how you've successfully met or exceeded sales targets in the past. Use metrics and figures to quantify your achievements, as this will help illustrate your capability to drive results.
✨Prepare Questions for the Interviewers
Have a list of insightful questions ready to ask the interviewers. This could include inquiries about the company's growth plans, team dynamics, or how success is measured in the role. Asking thoughtful questions shows your enthusiasm and helps you assess if the company is the right fit for you.
