At a Glance
- Tasks: Build and nurture relationships with wealth management accounts to boost our distribution.
- Company: Join a leading UK life and pensions mutual insurer with a rich history.
- Benefits: Enjoy 30 days' holiday, competitive bonuses, and flexible benefits.
- Other info: Be part of an inclusive culture that values diversity and personal growth.
- Why this job: Make a real impact in the financial sector while helping others secure their futures.
- Qualifications: Experience in the advised platform market and strong account management skills.
The predicted salary is between 40000 - 50000 € per year.
About The Role
As a leading UK life and pensions mutual insurer with a proud history dating back to 1843, we exist to help people live financially confident lives – protecting their income while they work and maximising it when they stop. Today, over one million members and customers trust us to look after their futures, families and finances. Joining us means becoming part of a team that puts our members, customers and advisers at the heart of everything we do.
Key Responsibilities
- Develop, maintain and report on a panel of wealth management / IFA accounts.
- Initiate and develop business relationships, and agree an appropriate contact strategy with firms, to increase our distribution footprint.
- Visit wealth management / IFA accounts according to an agreed contact and engagement strategy, and as directed by the Divisional Sales Manager.
- Deliver agreed targets by business mix and volume within budget.
- Collaborate with the off-platform sales team to achieve the shared goal, placing the achievement of team and LV= goals above the achievement of personal goals.
- Contribute to the business plan, deliver business objectives and collaborate with the Savings & Retirement Distribution leadership team, and the wider business.
- Provide management information and market intelligence to support the development of the business plan.
- Ensure all activity with customers is consistently compliant and meets the required standards defined by the LV= Corporate Governance function.
- Develop and maintain an expert level of knowledge on the Retirement Income market.
- Maintain and develop knowledge of the holistic LV= retirement proposition, competitor product offerings, positioning and technical/sales skills to enhance personal effectiveness and efficiency.
About You
Essential requirements for the role:
- Experience working with advisers specifically in the advised platform market.
- Full understanding of how the intermediated distribution market operates.
- Awareness/experience of smooth fund solutions in the marketplace.
- Proven account management, and/or business development experience in advised platform market.
- Proven track record in negotiating/influencing and delivering to agreed sales targets in the IFA market.
- An understanding of the regulatory framework together with a good working knowledge of our regulator’s rules and compliance procedures.
Desirable:
- QCF Level 4 qualification desirable.
Rewards & Benefits
- This role is a Band C in the LV= Structure.
- 30 days' holiday.
- A competitive bonus scheme based on company and personal performance.
- Car allowance.
- Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insurance.
- Competitive pension scheme – LV= Life and Pensions will double‑match the amount you pay, up to 14% (subject to National Minimum Wage requirements).
- Group Life Assurance of four times your basic pay to your dependents (you’ll have the option to increase this to 8 × cover).
- Group Income Protection, if you enrol into the pension scheme and reach 5 years of service.
- Employee Assistance Programme (EAP) service for support when you need it.
- 24‑hour access to our virtual GP service.
- Shared parental leave.
- Up to 20% discount on our life products for you and your immediate family.
Equal Opportunity
We are proud of our inclusive culture at LV= and, as an equal‑opportunity employer, we continually work to remove unconscious bias from our recruitment process. We value our colleagues for what they bring to our team regardless of any protected status or characteristics they may have. This role does not offer Skilled Worker Visa Sponsorship. Applicants must be eligible to work in the UK without sponsorship.
Business Development Manager (Advised Platform) in Bournemouth employer: LV=
At LV=, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that prioritises the well-being of our employees. With a strong focus on professional development, our Business Development Managers benefit from comprehensive training and growth opportunities, alongside competitive rewards such as a generous holiday allowance, flexible benefits, and a robust pension scheme. Located in the heart of the UK, we are dedicated to empowering our team to make a meaningful impact in the lives of our members and customers.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager (Advised Platform) in Bournemouth
✨Tip Number 1
Network like a pro! Get out there and connect with people in the advised platform market. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about building those relationships!
✨Tip Number 2
Prepare for those interviews by knowing your stuff! Research the company and its competitors thoroughly. Be ready to discuss how your experience aligns with their goals, especially in account management and business development. Show them you’re the perfect fit!
✨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 best candidate for the job.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Business Development Manager role. Plus, applying directly shows your commitment and interest in being part of our team at LV=.
We think you need these skills to ace Business Development Manager (Advised Platform) in Bournemouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Business Development Manager. Highlight your experience in the advised platform market and any relevant achievements that showcase your ability to develop and maintain business relationships.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about helping people live financially confident lives and how your skills align with our mission at LV=. Don’t forget to mention your understanding of the regulatory framework!
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your account management and business development skills. Numbers speak volumes, so include metrics where possible to show how you’ve met or exceeded sales targets.
Apply Through Our Website:We encourage you to apply through our website for a seamless application process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at LV=!
How to prepare for a job interview at LV=
✨Know Your Market
Before the interview, make sure you have a solid understanding of the retirement income market and the advised platform sector. Research current trends, competitors, and any recent changes in regulations. This will not only show your expertise but also demonstrate your commitment to staying informed.
✨Showcase Your Relationship Skills
Since this role involves developing and maintaining relationships with wealth management and IFA accounts, be prepared to discuss your past experiences in account management. Share specific examples of how you've successfully built and nurtured these relationships, and how you plan to do the same in this role.
✨Align with Company Values
Familiarise yourself with the company's mission and values, especially their focus on putting members and customers at the heart of everything they do. During the interview, highlight how your personal values align with theirs and how you can contribute to their goals.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, be ready to discuss your understanding of the regulatory framework and how it impacts the advised platform market. Prepare examples of how you've ensured compliance in your previous roles, as this will reassure them of your ability to meet their standards.
