At a Glance
- Tasks: Build relationships with brokers and identify growth opportunities in the insurance market.
- Company: Leading global insurer with a focus on employee development and market visibility.
- Benefits: Competitive salary, sales bonus, flexible working arrangements, and career progression.
- Other info: Autonomous role with excellent support and training opportunities.
- Why this job: Join a dynamic team and make a real impact in a market-facing role.
- Qualifications: Experience in insurance or client-facing roles; strong relationship-building skills.
The predicted salary is between 41850 - 51150 £ per year.
Broker/Business Development Manager
Circa 40k/50k Basic + Sales Bonus + Benefits Package
Report to the nearest UK office with travel
We're currently supporting a leading global insurer as they look to appoint a Business/Broker Development Manager to join their UK distribution team.
This is an excellent opportunity for an ambitious insurance professional looking to develop their career in a highly visible, market-facing role.
The position would suit an individual with experience in underwriting, broker development, account management, account handling or another client-facing insurance role who enjoys building relationships, working closely with brokers and identifying opportunities for growth.
Previous Business Development experience would be advantageous but is not essential, as the business is keen to consider individuals with the right commercial mindset and relationship-building capabilities.
Key Responsibilities
- Manage and develop relationships with Network members and Independent Brokers, acting as a key point of contact.
- Work with brokers to understand their business plans, identify growth opportunities and demonstrate how the business can support their ambitions.
- Conduct regular broker reviews, analysing account performance, MI and pipeline activity to drive profitable growth.
- Support the achievement of new business and retention targets through effective relationship management and market engagement.
- Collaborate with internal stakeholders to maximise trading opportunities and strengthen broker partnerships.
- Represent the business in the market, attending broker meetings, networking events and industry functions.
About You
- Experience within the insurance market, whether in underwriting, account handling, account executive, broker development, sales or a client-facing commercial role.
- A strong relationship builder who enjoys working closely with brokers and developing long-term partnerships.
- Commercially minded with the ability to spot opportunities for growth and turn conversations into business opportunities.
- Looking to develop a career in a market-facing role.
This position would suit an Underwriter, Account Handler or Account Executive seeking a move into business development and distribution.
- Knowledge of commercial insurance products would be advantageous, although product training and support will be provided.
- Motivated, proactive and comfortable building a presence in the market.
The role offers a high degree of autonomy and the opportunity to play a key role in the continued growth of a highly respected global insurer.
In return, you'll receive a competitive salary, bonus scheme and flexible working arrangements.
You'll also have the opportunity to join a collaborative and supportive organisation that places a strong emphasis on employee development, market visibility and long-term career progression.
For a confidential discussion or to find out more, please get in touch.
Junior Business Development Manager in Birmingham employer: IPS Group
Join a well-established independent firm of Chartered Accountants in Selby, where you will thrive in a supportive work culture that values professional growth and development. With a diverse client base, this role offers the chance to enhance your skills while enjoying competitive benefits and a collaborative environment that fosters teamwork and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Business Development Manager in Birmingham
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like IPS Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Business Development Manager in Birmingham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to IPS Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on IPS Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at IPS Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with IPS Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at IPS Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former IPS Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
