At a Glance
- Tasks: Drive new business through prospecting, outreach, and client development in a dynamic sales role.
- Company: Join a leading mutual insurance company with nearly 200 years of expertise.
- Benefits: Enjoy competitive salary, pension scheme, private medical insurance, and wellness days.
- Other info: Opportunity for travel and growth in a diverse, inclusive workplace.
- Why this job: Kickstart your career in business development while making a real impact in the insurance industry.
- Qualifications: Bachelor's degree or relevant experience; strong communication and relationship-building skills required.
The predicted salary is between 36000 - 44000 £ per year.
FM, a leading mutual insurance company established nearly two centuries ago, is dedicated to property risk management and resilience for its policyholder-owners—many of the world’s largest organizations, including one in four Fortune 500 companies. Our mission combines scientific research, engineering expertise, and insurance protection to help clients prevent property loss and maintain business continuity through cost-effective risk management strategies.
International Sales has an opening for a Business Development Executive I Specialty to be based either in our Paris office, Frankfurt office or London office. The Business Development Executive I Specialty (BDE I Specialty) is a developmental sales role, focused on building skills and experience needed to become a successful Business Development Executive. The role develops core sales practices, market and industry knowledge, broker relationships, and understanding of the FM product, value proposition, and internal processes while also being expected to produce through guided prospecting and client development activity. Learning progress, preparation quality, activity completion, production contribution, and readiness for increased sales responsibility are key expectations of the role.
To support the continued business growth of our Specialty Industries in EMEA, we seek a highly motivated and driven individual to be part of the New Business Development team. Reporting to our Staff VP, Global Sales, EMEA and APAC, this individual will be responsible for growing the Specialty Industries book including Chemical, Renewables and Forest Products business.
Responsibilities Include:
- New business contribution: Contribute to new business objectives through guided prospecting, outreach, follow-up, and coordination of required sales activities through completion.
- Support prospect strategy and planning: Research prospects, prepare call plans, support outreach, and contribute to sales strategy discussions while learning and practicing how opportunities are qualified, positioned, and advanced.
- Proposal exposure and support: Support proposal preparation and related prospect materials while learning how client needs, value proposition, risk improvement actions, and solution positioning are reflected in the sales process.
- Pipeline exposure and activity management: Maintain prospect information, track sales activity and follow-up, and help move early-stage opportunities through the sales funnel while working with sales leadership, underwriting, engineering, and client service partners.
- Develop technical and commercial knowledge: Proactively address knowledge gaps related to FM's products, value proposition, underwriting, engineering, and internal sales processes.
Qualifications:
- Bachelor's degree and/or related experience; CPCU or ACII qualification, or an advanced degree in business, marketing, or engineering, is desirable, or equivalent experience.
- A minimum of two years of insurance industry experience in a client-facing or consultative role, such as consultant engineering, client service, underwriting, sales support, or a related area.
- Strong written and verbal communication skills, with the ability to prepare clear follow-up, meeting notes, and prospect materials.
- Learning agility and curiosity to build knowledge of commercial property insurance, HPR engineering, broker relationships, and the sales process.
- Foundational relationship-building skills with prospects, brokers, clients, and internal partners.
- Ability to stay organized, manage follow-up, maintain accurate prospect information, and support pipeline activity.
- Developing consultative sales, prospecting, presentation, and negotiation skills.
- Ability to effectively use Microsoft Office, Copilot/AI-enabled tools, internet research, and internal resources to support sales preparation, prospecting, and continuous learning.
- Fluent in English and at least one other European language depending on location (French or German); other additional European languages are a plus.
- Ability to travel up to 50% within the sales territory in Europe, and elsewhere, as needed.
In return, you will receive a competitive salary and benefits package which includes: Final Salary Pension Scheme, Private medical insurance contribution, Incentive Plan, Fitness Reimbursement Plan, 2 Global Well-being days per annum, Annual Volunteer Day, Emotional well-being and mental health assistance programme.
FM is a people-driven business. It is our ability to harness the power of our diversity that allows us to create the unique, world-class services we’re known for. We’re committed to attracting a talented and diverse workforce and fostering a culture of inclusion that allows diversity to thrive and seed innovation.
Business Development Executive I Specialty employer: FM
FM is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development. With nearly two centuries of expertise in property risk management, employees benefit from comprehensive training programs, flexible work arrangements, and a robust Total Rewards package, making it an ideal environment for those seeking meaningful and rewarding careers in the heart of the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive I Specialty
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We think you need these skills to ace Business Development Executive I Specialty
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 FM, 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 FM
✨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 FM’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.