At a Glance
- 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 - 84000 £ 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 on LinkedIn to discuss potential opportunities and gather insights about the market.
✨Tip Number 2
Attend industry events and conferences related to insurance and mobile technology. This will not only help you stay updated on trends but also allow you to meet key stakeholders and decision-makers who could be instrumental in your job search.
✨Tip Number 3
Research the specific insurers and brands that are currently active in the mobile device insurance market. Understanding their offerings and challenges can help you tailor your approach and demonstrate your knowledge during networking conversations.
✨Tip Number 4
Prepare to discuss your previous successes in business development, particularly those involving complex deals and B2B2C models. Be ready to share specific examples of how you've built relationships with C-suite executives and closed significant contracts.
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.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in industries such as banking, mobile network operations, or retail. Showcase specific examples where you've successfully built relationships and negotiated deals with large consumer-facing brands.
Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the position but also demonstrate your understanding of the embedded insurance market. Discuss how your existing connections and expertise can contribute to the company's growth and success.
Showcase Communication Skills: Since excellent communication skills are essential for this role, ensure that your application reflects your ability to present and negotiate effectively. Use clear and concise language, and consider including examples of successful stakeholder engagement.
How to prepare for a job interview at EIP Limited
✨Know Your Market
Before the interview, make sure you have a solid understanding of the mobile device and gadget insurance market. Research current trends, key players, and potential challenges. This will help you demonstrate your expertise and show that you're genuinely interested in the role.
✨Leverage Your Network
Since this role requires strong connections within the industry, be prepared to discuss your existing network. Highlight specific contacts you've worked with and how these relationships can benefit the company. This shows that you can hit the ground running.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to close deals. Prepare examples from your past experiences where you successfully navigated complex negotiations or developed innovative solutions for clients. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Communication Skills
As this role involves presenting to C-suite executives, practice articulating your thoughts clearly and confidently. Be ready to discuss how you would tailor your communication style to different stakeholders, ensuring that your message resonates with each audience.