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- Tasks: Drive growth in protection products through business development and relationship management.
- Company: A leading UK life and pensions mutual insurer with a focus on member protection.
- Benefits: 30 days holiday, competitive bonuses, flexible benefits, and a strong pension scheme.
- Why this job: Make a real impact in the financial services sector while working remotely and visiting clients.
- Qualifications: Experience in business development within financial services and strong communication skills.
- Other info: Join a diverse team committed to equal opportunities and personal growth.
The predicted salary is between 50000 - 60000 £ per year.
We are a UK life and pensions mutual insurer, protecting the income of our members and customers. We are looking for a Business Development Manager to support the growth of our protection product portfolio and drive commercial performance through business development, market engagement, and relationship management. This role focuses on the North of England and is home-remote with weekly client visits and occasional office visits.
Key Responsibilities
- Conduct in‑person visits and Microsoft Teams calls to discuss protection products and guide customers.
- Develop and implement a business‑development strategy focused on protection products.
- Build and maintain strong relationships with financial advisors, brokers, and other distribution partners.
- Identify new market opportunities and emerging trends in protection and share data with the team.
- Collaborate with product, marketing, compliance, and risk teams to ensure alignment and delivery.
- Represent the company at industry events, conferences, and networking opportunities.
- Provide feedback, insights, and MI data on product development and enhancements.
- Ensure a consistently positive end‑to‑end customer journey for all members and customers.
About You
- Proven experience in business development within financial services, focusing on protection products (e.g., income protection, critical illness).
- Strong understanding of the UK protection market and distribution channels.
- Excellent communication, negotiation, and relationship‑building skills.
- Strategic thinker with a results‑driven mindset.
- Capable of working independently and collaboratively across teams.
- Have or are willing to obtain R01 and R05 exams within the first 12 months in the role.
Rewards & Benefits
- 30 days' holiday.
- 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 – double‑match up to 14% of your salary (subject to National Minimum Wage requirements).
- Group Life Assurance of four times your basic pay to your dependents (increaseable to eight times).
- Group Income Protection, if you enrol in the pension scheme and reach 5 years of service.
- Employee Assistance Programme (EAP) service.
- 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 an equal‑opportunity employer and continually work to remove unconscious bias from our recruitment process. We value colleagues for what they bring regardless of any protected status or characteristics.
Important Notes
No Skilled Worker Visa sponsorship will be offered for this role – candidates must be eligible to work in the UK without our sponsorship. If you are offered this role as an internal secondment, base band benefits will not change.
Bring your true self to LV=.
Business Development Manager (Protection) in Bournemouth employer: LV=
Contact Detail:
LV= Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager (Protection) in Bournemouth
✨Network Like a Pro
Get out there and meet people! Attend industry events, conferences, and networking opportunities to connect with financial advisors and brokers. Building relationships is key in business development, so don’t be shy – introduce yourself and chat about protection products!
✨Show Off Your Knowledge
When you’re chatting with potential clients or partners, make sure to share your insights on the UK protection market. Discuss emerging trends and new opportunities. This not only showcases your expertise but also builds trust and credibility.
✨Follow Up Like a Boss
After meetings or calls, always follow up with a quick email or message. Thank them for their time and recap any important points discussed. This keeps the conversation going and shows that you’re genuinely interested in building a relationship.
✨Apply Through Our Website
If you’re keen on this role, don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to reach out directly.
We think you need these skills to ace Business Development Manager (Protection) in Bournemouth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in financial services and protection products, and don’t forget to showcase your relationship-building skills. We want to see how you can drive commercial performance!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the protection market and how your strategic thinking can benefit us. Keep it engaging and relevant to the role – we love a good story!
Showcase Your Achievements: When detailing your past experiences, focus on specific achievements that demonstrate your success in business development. Numbers speak volumes, so if you’ve increased sales or built strong partnerships, let us know!
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at LV=
✨Know Your Protection Products
Make sure you have a solid understanding of the protection products you'll be discussing. Brush up on income protection and critical illness cover, as well as any recent trends in the UK market. This will help you engage confidently with potential clients and demonstrate your expertise.
✨Build Relationships Before the Interview
If possible, try to connect with current employees or industry professionals before your interview. This can give you insights into the company culture and expectations, plus it shows your proactive approach to relationship management, which is key for this role.
✨Prepare for Scenario Questions
Expect questions that assess your strategic thinking and problem-solving skills. Prepare examples from your past experience where you've successfully identified market opportunities or developed business strategies. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Communication Skills
As a Business Development Manager, strong communication is crucial. Practice articulating your thoughts clearly and concisely. During the interview, focus on how you can effectively communicate with financial advisors and brokers, highlighting your negotiation skills and ability to build rapport.