At a Glance
- Tasks: Engage with SMEs to introduce a fairer insurance alternative and manage your sales pipeline.
- Company: Join iwoca, a fintech revolutionising insurance for SMEs since 2012.
- Benefits: Enjoy flexible hours, medical insurance, generous holiday, and a learning budget.
- Other info: Dynamic work culture with opportunities for career progression and personal development.
- Why this job: Be part of a passionate team making a real impact in the SME insurance space.
- Qualifications: Strong communication skills and a proactive, results-driven attitude are essential.
The predicted salary is between 30000 - 30000 £ per year.
We’re building a new insurance business from the ground up to protect SMEs, and we’re looking for Business Development Representatives to join our team. If you’re a high-energy communicator who loves building relationships and wants to gain experience, qualifications, and career progression at a leading fintech, apply now.
The company believes in SMEs. They deserve better than confusing jargon, slow and outdated customer experiences, and being caught out by hidden conditions and fees. Since 2012, iwoca has made finance fast, flexible, and fair for over 150,000 businesses. Now, they're doing the same for insurance.
The team is a small, entrepreneurial group responsible for launching iwoca's new SME insurance business. Here’s how the team works together:
- Customer-obsessed: The team challenges itself to build insurance that its customers actually want.
- Curious & supportive: The team collaborates across disciplines to find creative solutions to complex problems.
- Move fast & have fun: The team is fast-paced and highly autonomous, but makes sure to celebrate wins and have fun along the way.
- Ambitious & entrepreneurial: The environment is ideal for people who thrive on taking ownership of their work.
You’ll be the person introducing our new insurance offering to businesses who are tired of the status quo. You’ll help SMEs move away from complicated, slow insurance policies and make them aware of a fairer, more transparent way to protect their business. In this role, you will:
- Proactively engage with SME business operators by phone ahead of their business insurance renewal date to offer a better alternative.
- Master the art of the pitch—navigating gatekeepers, articulating our value proposition, and turning objections into opportunities for our brokers.
- Manage your pipeline end-to-end within our HubSpot CRM, ensuring meticulous record-keeping and proactive follow-ups.
- Collaborate closely with our in-house brokers and wider team to turn early customer feedback into insights that refine our product offering and sales strategy.
What we're looking for:
- Previous experience navigating outbound or client-facing interactions within a professional business environment.
- Exceptional communication skills, with the ability to build rapport, influence decisions, and handle commercial objections over the phone and email.
- A high-energy, resilient, and results-oriented personality that thrives on achieving goals.
- Sharp problem-solving instincts and a 'can-do' mindset.
- Organised and proactive approach to managing your workload.
- Ability to adapt and excel in a fast-moving, high-growth atmosphere.
- Eagerness to learn - insurance industry experience isn’t necessary - we will provide training to help you succeed.
- A desire to secure professional qualifications and drive long-term career progression within a rapidly scaling fintech environment.
The salary is expected to be around £30,000 plus bonus for this role. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.
At iwoca, we prioritise a culture of learning, growth, and support, and invest in the professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.
We put a lot of effort into making iwoca a great place to work:
- Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
- Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.
The benefits include:
- Flexible working hours.
- Medical insurance from Vitality, including discounted gym membership.
- A private GP service for you, your partner, and your dependents.
- 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
- A one-month, fully paid sabbatical after four years.
- Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
- 3% Pension contributions on total earnings.
- An employee equity incentive scheme.
- Generous parental leave and a nursery tax benefit scheme.
- Electric car scheme and cycle to work scheme.
- Two company retreats a year.
To ensure continuous learning, we offer:
- A learning and development budget for everyone.
- Company-wide talks with internal and external speakers.
- Access to learning platforms like Treehouse.
Business Development Representative - Insurance Venture employer: Iwoca Ltd
At iwoca, we pride ourselves on being an exceptional employer that champions innovation and personal growth. Our vibrant London office fosters a collaborative culture where independent thinking is encouraged, and every team member has the autonomy to shape their career path. With flexible working hours, comprehensive benefits including medical insurance and generous parental leave, and a commitment to continuous learning, we empower our employees to thrive both personally and professionally while making a meaningful impact on the success of SMEs.
