Business Development Executive II Specialty in Slough

Business Development Executive II Specialty in Slough

Slough 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 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 relationships with top clients.
  • 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 Slough 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 Slough

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like FM). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like FM. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

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

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

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at FM.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at FM. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at FM

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at FM to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at FM, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding FM's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.