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- Tasks: Lead business development for innovative mobile device insurance solutions across Europe.
- Company: Join a fast-growing InsurTech ranked in the Global Top 100, revolutionising embedded insurance.
- Benefits: Enjoy flexible working options and opportunities for professional growth in a dynamic environment.
- Why this job: Be at the forefront of an exciting market, shaping the future of insurance with cutting-edge technology.
- Qualifications: Experience in mobile device insurance and strong connections in relevant industries are essential.
- Other info: Collaborate closely with the CEO and key stakeholders to drive impactful business strategies.
The predicted salary is between 48000 - 72000 £ per year.
Who are we? We are a fast-growth, embedded insurance facilitator and Global Top 100 InsurTech providing a simple route for clients to offer a variety of embedded insurances to their customers. Supported by industry-leading tech developed in-house and used by some of the largest brands in the world we are rapidly scaling up as we expand into new markets.
What do we do? We make it easier and quicker for our clients to develop, launch and manage different embedded insurance products into their distribution channels. We can work with any insurer and supplier, and either provide a full plug & play service, or modularised resources to support sales onboarding, claims handling, claims fulfilment or any other aspect of the product delivery.
About the role: EIP has been appointed to act for a specific insurer client who wishes to bring an innovative proposition for embedded insurance for mobile devices & gadgets to the marketplace during 2025 and beyond. As part of this project, we require seasoned business development experts who understand the mobile device insurance space across Europe. Working closely with our CEO and key stakeholders within our client company, you will spearhead the process of rapidly building the pipeline of prospective customers for this unique offering. Your role will be key in optimising our sales strategy - from lead generation to stakeholder engagement.
What will you do?
- Identify, develop, structure and close complex deals with target client organisations that deliver enduring value to the business.
- Leverage existing connections, to build and cultivate a deep and trusted network of influencers within key target organisations.
- Collaborate with the marketing team and other company stakeholders to grow the EIP brand through representation at industry events and broader networking.
- Guide cross-functional teams, ensuring that pitches to prospective clients are delivered effectively, with clarity on the product solution.
- Build a long-term business development strategy that includes proactively identifying sales pipeline risks and developing mitigation plans.
- Contribute to product innovation by sharing challenges/opportunities identified by prospective clients.
- Manage the growth of the Business Development team by collaborating with the People and Talent team to find and hire the best local Business Development talent on the market.
- Provide regular, accurate reports and forecasts, including detailed insights on qualified pipeline creation, conversion rates, performance and other business development activity metrics.
Within the first months you will:
- Understand how EIP works, understand the proposed insurer and product and become integrated with the team.
- Use your existing contact base within the target sectors and develop new contacts at C-suite level and key roles.
- Assist with guiding and shaping the development of this new-to-market proposition.
- Demonstrate a layered pipeline of sales discussions with strong potential to deliver within 6 to 12 months.
What is essential in this role?
- Experience and strong contacts within industries such as traditional and digital banks, mobile network operators, insurers, retailers and others offering mobile device and gadget insurances to their customers.
- An ability to research potential customers and craft outreach communications to initiate interest.
- Proven ability to build propositions for interested prospects and successfully negotiate same to secured business.
- Experience developing relationships & selling to large consumer-facing brands.
- Experience executing B2B2C distribution models.
- Excellent communication skills, with the ability to present, negotiate and influence at C-suite level.
- Expertise in using data to draw conclusions.
- Fluency in English.
EIP is looking for a seasoned international business development expert who understands the mobile device insurance space across Europe.
Senior International New Business Development- Mobile Device & Gadget insurance employer: EIP Limited
Contact Detail:
EIP Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior International New Business Development- Mobile Device & Gadget insurance
✨Tip Number 1
Leverage your existing network in the mobile device insurance space. Reach out to former colleagues, industry contacts, and connections at C-suite levels to discuss potential opportunities and gather insights about the market.
✨Tip Number 2
Attend industry events and conferences related to embedded insurance and mobile devices. This will not only help you stay updated on trends but also allow you to meet key stakeholders and influencers who could be valuable for your role.
✨Tip Number 3
Familiarise yourself with the latest innovations in mobile device insurance products. Understanding what competitors are offering can help you identify gaps in the market and position yourself as a knowledgeable candidate.
✨Tip Number 4
Prepare to discuss specific strategies for building a sales pipeline. Think about how you would approach lead generation and stakeholder engagement, and be ready to share your ideas during interviews to demonstrate your proactive mindset.
We think you need these skills to ace Senior International New Business Development- Mobile Device & Gadget insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior International New Business Development role. Tailor your application to highlight relevant experience in mobile device insurance and business development.
Craft a Compelling CV: Your CV should clearly showcase your experience in business development, particularly within the mobile device insurance sector. Highlight any successful deals you've closed and your ability to build relationships with C-suite executives.
Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their needs, particularly your experience in developing sales strategies and managing client relationships in the insurance industry.
Showcase Your Network: Mention your existing connections within the target sectors in your application. Emphasise your ability to leverage these relationships to drive business growth and how you plan to expand your network further.
How to prepare for a job interview at EIP Limited
✨Research the Company and Industry
Before your interview, make sure to thoroughly research the company and its position in the embedded insurance market. Understand their products, target clients, and recent developments in the mobile device insurance space. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Leverage Your Network
Given the importance of connections in this role, be prepared to discuss your existing network within the industry. Highlight specific contacts you have at C-suite level and how these relationships can benefit the company. This will showcase your ability to hit the ground running and build valuable partnerships.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to navigate complex deals. Prepare examples from your past experiences where you successfully identified opportunities, structured deals, or mitigated risks. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Showcase Your Communication Skills
As this role requires excellent communication skills, practice articulating your thoughts clearly and confidently. Be ready to demonstrate how you can present and negotiate effectively at a high level. Consider preparing a brief pitch about a previous successful project to illustrate your capabilities.
