At a Glance
- Tasks: Drive growth and market penetration for Latent Defects Insurance in the Midlands.
- Company: Join Munich Re, a leader in engineering and technology insurance solutions.
- Benefits: Earn up to £60k commission, enjoy 25 days leave, and receive private medical insurance.
- Other info: Inclusive workplace committed to diversity and personal development.
- Why this job: Make an impact in a dynamic role while building relationships with key industry players.
- Qualifications: Experience in business development and strong relationship-building skills required.
The predicted salary is between 60000 - 60000 £ per year.
This job is with Munich Re, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
About us HSB (UK and Ireland) is a leading specialist provider of engineering, technology and structural warranty insurance solutions, plant and equipment inspection services, and engineering-based risk management activities in the UK and Ireland. HSB (UK and Ireland) consists of the parent company HSB Engineering Insurance Limited (HSBEIL) together with its two UK subsidiaries, HSB Engineering Inspection Services Limited (HSBEISL); and a regulated MGA, MD Insurance Services Limited (MDIS), which trades as Premier Guarantee or LABC Warranty. Collectively HSB is the UK and Ireland's only group of companies solely focused on providing specialist engineering and technology insurance solutions and risk-focused inspection services and assessments to its customers.
Job Purpose: The Business Development Manager (BDM) is responsible for driving growth and market penetration of Latent Defects Insurance (LDI) and associated products and services within a particular geographical region. This role focuses on generating new business via relationships with a wide range of interested parties including developers, contractors, housing associations and construction professionals.
Key Responsibilities:
- Market Development/Strategy: Develop and execute regional growth strategies aligned with company objectives. Identify and target new business opportunities across defined segments within residential, commercial, and mixed-use developments.
- Client Engagement: Build meaningful relationships across identified target clients. Develop comprehensive stakeholder maps, utilising your own identified relationships. Act as a trusted advisor, being the key contact for the business with agreed accounts.
- Internal Engagement: Develop and regularly maintain comprehensive sales data and management information using the company pipeline tool. Collaborate with key internal functions ensuring we are making it easy to do business with from a client perspective.
Benefits: Opportunity to earn commission of up to £60k depending on the achievement of agreed targets, 25 days Annual Leave + Bank Holidays + Well-being days, 10% Pension contribution from day 1, Eligibility for an Annual Bonus, Private Medical Insurance, Life Assurance, Wellbeing and Development Scheme + EAP Study.
Business Development Manager - Midlands employer: Munich Re
Munich Re, through its subsidiary HSB (UK and Ireland), offers a dynamic and inclusive work environment that prioritises employee growth and well-being. As a Business Development Manager in the Midlands, you will benefit from a competitive commission structure, generous annual leave, and a strong commitment to diversity and inclusion, making it an excellent place for professionals seeking meaningful and rewarding careers in the engineering and technology insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager - Midlands
✨Get to Grips with Data Visualisation Tools
If you're aiming for a full-time role in business intelligence, brush up on your skills with popular data visualisation tools like Tableau or Power BI. Showcasing projects where you've transformed raw data into clear visual insights can give you a real edge.
✨Join Local Business Intelligence Meetups
Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like Munich Re!
✨Engage with Online BI Communities
Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.
✨Leverage Your University’s Career Support
If you're a recent graduate, definitely tap into your university's career services. Many have connections with companies in need of full-time BI specialists, and they can guide you on how to pitch yourself effectively—don't miss out on that!
We think you need these skills to ace Business Development Manager - Midlands
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.
Tailor Your Documents for Us:When applying for a full-time role at Munich Re, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.
How to prepare for a job interview at Munich Re
✨Show off your analytical skills
In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!
✨Practice your technical know-how
Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.
✨Portfolio of Projects
Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.
✨Know their business model
Get familiar with Munich Re’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.
