Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Drive business growth by developing strategic partnerships and managing the full development lifecycle.
- Company: Join a leading insurance company with a focus on innovation and collaboration.
- Benefits: Competitive salary with OTE of £110,000+, remote work flexibility, and career advancement opportunities.
- Why this job: Be a key player in shaping partnerships that drive success and impact in the insurance industry.
- Qualifications: Experience in the insurance sector and proven skills in securing strategic partnerships.
- Other info: Dynamic role with opportunities to engage with senior stakeholders and influence business outcomes.
The predicted salary is between 66000 - 88000 £ per year.
We are currently partnering with a market-leading Insurance company to recruit a Business Development Lead. This role serves as the local partnerships "hunter" for a specific geography, responsible for developing and delivering the local partnership pipeline in line with the wider Wholesale strategy.
Responsibilities
- Manage the full business development lifecycle, from market research and opportunity validation through deal closure and handover to implementation and success teams.
- Develop and execute the local partnership strategy, ensuring alignment with the wider Wholesale strategic objectives, targets, and growth ambitions.
- Deliver against individual partnership targets across white-label, co-brand, and affiliate models, supporting broader Business Development goals.
- Conduct market research and benchmarking to identify, validate, and prioritise partnership opportunities aligned to the defined target partner list.
- Lead high-level due diligence and qualification of prospective partners, assessing strategic fit, commercial viability, and alignment with group objectives.
- Own prospecting and partner engagement, including proposition structuring, positioning, pitching, commercial negotiation, and contract completion.
- Translate partner requirements into actionable business cases, collaborating with internal teams on product design, commercial models, service delivery, and financial modelling aligned to revenue, margin, and IRR targets.
- Engage Partnerships Success Leads and Agreement Leads early to ensure continuity, accurate requirement capture, and successful deal execution.
- Ensure comprehensive handover to Transition and Partnerships Success teams, supporting seamless onboarding and operational readiness.
Ideal Candidate
- Insurance industry experience.
- Proven experience identifying, qualifying, and securing strategic, revenue-generating distribution partnerships, including complex commercial negotiations and deal closure.
- Strong understanding of the local market landscape, dynamics, and trends, with the ability to spot and prioritise high-value opportunities.
- Demonstrated capability to build robust business cases and financial models aligned to revenue, margin, and IRR targets.
- Excellent stakeholder management, influencing, and communication skills, including pitching and presenting to senior internal and external audiences.
Business Development Lead - Remote, OTE £110,000+ - Edenbrook in City of London employer: Jobster
Contact Detail:
Jobster Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Lead - Remote, OTE £110,000+ - Edenbrook in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for those interviews! Research the company and its competitors thoroughly. Understand their partnership strategies and be ready to discuss how your experience aligns with their goals. Practise your pitch so you can confidently showcase your skills and achievements.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Business Development Lead position.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that dream job. Plus, applying directly can sometimes give you an edge over other candidates. So, get your application in and let’s make it happen!
We think you need these skills to ace Business Development Lead - Remote, OTE £110,000+ - Edenbrook in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Lead role. Highlight your experience in the insurance industry and any relevant partnerships you've developed. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your success in securing strategic partnerships and how you can contribute to our growth ambitions.
Showcase Your Market Knowledge: Demonstrate your understanding of the local market landscape in your application. We’re looking for someone who can spot high-value opportunities, so share insights or trends that you think are relevant to the role.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Jobster
✨Know Your Market Inside Out
Before the interview, dive deep into the local market landscape and trends relevant to the insurance industry. Familiarise yourself with key players, potential partners, and any recent developments. This knowledge will not only impress your interviewers but also help you articulate how you can spot and prioritise high-value opportunities.
✨Master Your Pitch
Since this role involves pitching and presenting to senior audiences, practice your pitch ahead of time. Tailor it to showcase your understanding of the company's objectives and how your experience aligns with their needs. Use specific examples from your past that demonstrate your success in securing strategic partnerships.
✨Prepare for Commercial Negotiations
Brush up on your negotiation skills and be ready to discuss your approach to complex commercial negotiations. Think of scenarios where you've successfully navigated tough discussions and how you achieved a win-win outcome. This will show your potential employer that you can handle the intricacies of deal closure.
✨Engage with Stakeholders
Highlight your stakeholder management skills during the interview. Be prepared to discuss how you've effectively communicated and collaborated with various teams in previous roles. Share examples of how you’ve built relationships and influenced decisions, as this is crucial for ensuring successful deal execution and onboarding.
