At a Glance
- Tasks: Build strong broker relationships and drive growth in a dynamic financial services environment.
- Company: Leading financial services organisation with a supportive culture.
- Benefits: Competitive salary up to £40,000, plus opportunities for professional growth.
- Other info: Fast-paced role with excellent career development opportunities.
- Why this job: Make an impact by delivering tailored financial solutions and achieving targets.
- Qualifications: Sales or account management experience, strong communication, and relationship-building skills.
The predicted salary is between 35000 - 40000 € per year.
Location - South London
Salary - Up to £40,000 (Depending on experience)
IPS Group are working with a leading financial services organisation to recruit a driven and relationship-focused Business Development Executive to join their Premium Finance team. This is an excellent opportunity for a sales professional who enjoys managing broker relationships, driving growth, and delivering tailored financial solutions within a dynamic and supportive environment.
The Role
As a Business Development Executive, you will take ownership of an allocated broker portfolio, acting as the primary point of contact and building strong, long-term relationships. You will be responsible for driving both retention and growth, consistently achieving and exceeding monthly volume and case targets. The role includes identifying new business opportunities, onboarding new brokers with a seamless approach, and promoting the full range of products through confident, value-driven engagement. You will develop and implement strategic business plans to maximise portfolio performance, focusing on increasing market penetration, profitability, and sustainable growth. Alongside this, you will proactively manage broker relationships through regular communication, renewal conversations, and ongoing support to ensure satisfaction and loyalty. Using management information and performance data, you will continuously review your portfolio, identifying opportunities for improvement and responding effectively to challenges. The position also involves working closely with internal teams to deliver excellent customer outcomes, managing escalations professionally, and representing the business at relevant industry events and networking opportunities when required. Ensuring adherence to all regulatory and compliance standards will be a key part of your responsibilities.
About You
The ideal person will have previous experience in sales or account management, with a strong track record of achieving and exceeding target – Preferably from within a regulated industry. You will be a confident communicator with excellent relationship-building and negotiation skills, capable of influencing and engaging stakeholders at all levels. A self-motivated, proactive approach is key due to the nature of this role, along with the ability to manage your own workload and deliver results in a fast-paced environment.
Business Development Executive employer: IPS Group Limited
IPS Group is an exceptional employer, offering a dynamic and supportive work environment for Business Development Executives in South London. With a focus on employee growth and development, the company provides tailored training and mentorship opportunities, ensuring that you can thrive in your role while building strong broker relationships. The collaborative culture encourages innovation and success, making it a rewarding place to advance your career in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online groups, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with someone from the company, make sure to highlight your achievements and how they relate to the role. Use specific examples that demonstrate your ability to drive growth and manage relationships effectively.
✨Follow Up Like a Boss
After any meeting or interview, send a quick thank-you note. It shows your appreciation and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate your enthusiasm for the role and how you can contribute to their success.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Business Development Executive
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Business Development Executive. Highlight your sales experience, relationship-building skills, and any achievements that show you can drive growth and exceed targets.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect fit for our Premium Finance team. Be genuine and let your personality come through.
Showcase Relevant Experience:When filling out your application, focus on experiences that relate to managing broker relationships and driving business growth. Use specific examples to demonstrate how you've successfully navigated similar challenges in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at IPS Group Limited
✨Know Your Numbers
Before the interview, brush up on your sales metrics and achievements. Be ready to discuss specific examples of how you've exceeded targets in previous roles. This will show your potential employer that you’re results-driven and can bring value to their team.
✨Build Rapport with Brokers
Since the role involves managing broker relationships, think about how you can demonstrate your relationship-building skills. Prepare anecdotes that highlight your ability to connect with clients and maintain long-term partnerships. This will help you stand out as a candidate who understands the importance of these relationships.
✨Showcase Your Strategic Thinking
Be prepared to discuss how you would develop and implement strategic business plans. Think about past experiences where you identified new business opportunities or improved portfolio performance. This will illustrate your proactive approach and ability to drive growth.
✨Understand Compliance and Regulations
Familiarise yourself with the regulatory standards relevant to the financial services industry. Being able to speak knowledgeably about compliance will demonstrate your commitment to maintaining high standards and reassure the interviewer that you can navigate this critical aspect of the role.
