At a Glance
- Tasks: Build and maintain partnerships with key financial advisers to boost LV's Advised Platform.
- Company: Join LV=, a forward-thinking company with a focus on inclusivity and collaboration.
- Benefits: Enjoy 30 days holiday, competitive pension, private medical insurance, and flexible benefits.
- Why this job: Make a real impact in the financial sector while developing your career in a supportive environment.
- Qualifications: Experience in business development within the advised platform market is essential.
- Other info: Home-based role covering Scotland and Northern Ireland with excellent growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Join LV= as a Business Development Manager in the Advised Platform sales team. The role is home‑based, covering Scotland and Northern Ireland. Candidates must live within the territory.
The successful candidate will proactively develop and maintain business partnerships with key intermediary accounts to support the delivery of LV’s Advised Platform ambitions. You will be part of a newly established team focused on increasing the number of LVPS supporting IFAs / Wealth Managers, as well as LV’s unique smooth managed funds.
Key Responsibilities- Develop, maintain and report on a panel of IFAs, positioning LV’s Advised Platform.
- Initiate and develop business relationships and agree an appropriate contact strategy with IFA firms / Wealth Managers to increase our distribution footprint.
- Visit IFA’s/Wealth Management firms according to an agreed contact and engagement strategy, and as directed by the Divisional Sales Management.
- Deliver agreed targets by business mix and volume within budget.
- Contribute to the business plan, deliver business objectives and collaborate with internal stakeholders 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 adviser platform 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.
- 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.
- 30 days’ holiday, with the option to buy up to 2 additional days.
- Competitive pension scheme – LV= Life and Pensions will double‑match the amount you pay, up to 14% (subject to National Minimum Wage requirements).
- An annual bonus scheme based on personal performance.
- Single‑cover private medical insurance (with the option for you to upgrade to family cover).
- Flexible benefits, including a cycle‑to‑work scheme, personal accident insurance, critical illness cover and dental insurance.
- Up to 20% discount on our life products for you and your immediate family.
- A group life assurance policy with 4 × your basic pay to go to your dependents (you’ll have the option to increase to 8 × cover).
- Group Income Protection (if you become a member of the Pension scheme and reach 5 years of service).
- Access to our Employee Assistance Programme (EAP) for support when you need it.
- Shared parental leave.
Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship for your application to be considered.
We’re proud of our inclusive culture at LV= and, as an equal‑opportunity employer, we continually work to remove unconscious bias from our recruitment process. Talk to us about flexible working as part of your application; if it’s right for you, our members and customers, and our business, then we’ll do everything we can to make it happen.
Business Development Manager Advised Platform in Scotland employer: LV=
Contact Detail:
LV= Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager Advised Platform in Scotland
✨Tip Number 1
Network like a pro! Get out there and connect with IFAs and Wealth Managers in your area. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. The more people you know, the better your chances of landing that Business Development Manager role.
✨Tip Number 2
Do your homework! Familiarise yourself with LV’s Advised Platform and its competitors. Understanding the market will not only help you in conversations but also show potential employers that you’re genuinely interested and knowledgeable about the role.
✨Tip Number 3
Practice your pitch! You’ll need to sell yourself just like you’d sell LV’s products. Prepare a short, compelling story about your experience and how it aligns with the job. This will come in handy during interviews and networking opportunities.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining LV= and ready to contribute to our goals in the advised platform market.
We think you need these skills to ace Business Development Manager Advised Platform in Scotland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in the advised platform market and any relevant achievements that align with LV='s goals. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills match the job description. We love seeing genuine enthusiasm for what we do at LV=.
Showcase Your Relationship-Building Skills: Since this role involves developing partnerships with IFAs and Wealth Managers, make sure to highlight your relationship-building skills in your application. Share examples of how you've successfully managed accounts or developed business relationships in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us at LV=!
How to prepare for a job interview at LV=
✨Know Your Market Inside Out
Before the interview, make sure you have a solid understanding of the advised platform market and LV=’s unique offerings. Research their smooth managed funds and competitor products so you can speak confidently about how you can contribute to their goals.
✨Showcase Your Relationship Skills
Since this role involves developing business partnerships with IFAs and Wealth Managers, prepare examples of how you've successfully built and maintained relationships in the past. Be ready to discuss your contact strategies and how you’ve influenced key stakeholders.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, brush up on the regulatory framework and LV=’s governance standards. Be prepared to discuss how you ensure compliance in your previous roles and how you would approach it at LV=.
✨Demonstrate Your Sales Success
Have specific examples ready that highlight your track record in meeting sales targets within the IFA market. Use metrics to quantify your achievements and show how your experience aligns with LV=’s objectives for growth in the advised platform sector.