Business Development Executive II Specialty in London

Business Development Executive II Specialty in London

London Full-Time 56700 - 69300 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Drive new business growth in Specialty Industries across EMEA with innovative strategies.
  • Company: Join a leading mutual insurance company with nearly 200 years of expertise.
  • Benefits: Enjoy a competitive salary, private medical insurance, and wellness programmes.
  • Other info: Be part of a diverse team that values inclusion and innovation.
  • Why this job: Make an impact in risk management while building strong client relationships.
  • Qualifications: Bachelor's degree and 10 years' experience in risk management or sales.

The predicted salary is between 56700 - 69300 £ 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 II Specialty to be based in our London office. 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.

In this position, the individual will be expected to solicit new business both directly with prospective clients, as well as in collaboration with key broker partners.

Key Responsibilities:

  • Achieve new business objectives as established by the Regional Sales Manager;
  • Develop strategy and complete call plans/reports to ensure that all prospects’ information and documentation are updated in SRS (Strategic Relationship System);
  • Build and maintain excellent relationships with prospective clients and brokers to successfully create continuous new business opportunities;
  • Manage new business opportunities by continuously developing prospects;
  • Maintain an active involvement in the local insurance and brokerage community by participating in meetings, conferences and industry-related functions;

Qualifications:

  • A Bachelor’s degree in any discipline;
  • At least 10 years’ working experience in risk management, loss prevention engineering, claims or underwriting;
  • Experience in the broader insurance industry is desired but not essential;
  • Knowledge of sales processes (prospecting, nurturing, follow-up, follow-through, negotiating, closing) and proven sales experience;
  • Ability to develop strong relationships with clients;
  • Excellent written and verbal communication skills in English; other European languages are an advantage;
  • Excellent interpersonal skills, including facilitating and presentation skills;
  • Excellent planning, organizational and time management skills;
  • Technology and social media savvy, including proficiency in Microsoft office software.

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 II Specialty in London 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.

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Contact Details:

FM Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Executive II Specialty in London

✨Get to Grips with Data Visualisation Tools

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✨Join Local Business Intelligence Meetups

Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like FM!

✨Engage with Online BI Communities

Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.

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We think you need these skills to ace Business Development Executive II Specialty in London

Business Development
Sales Strategy
Client Relationship Management
Prospecting
Negotiation Skills
Communication Skills
Interpersonal Skills

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.