Business Development Consultant
Business Development Consultant

Business Development Consultant

Birmingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Engage clients, manage relationships, and negotiate deals to drive new business.
  • Company: Join PIB, a growing company committed to people and community impact.
  • Benefits: Enjoy flexible working, competitive salary, generous holiday, and wellness support.
  • Why this job: Be part of a dynamic team that values your growth and community involvement.
  • Qualifications: Experience in Financial Services and strong communication skills are essential.
  • Other info: Opportunities for professional development and a commitment to sustainability.

The predicted salary is between 36000 - 60000 £ per year.

This role requires travel and client visits on a weekly basis.

Responsibilities:

  • New Business Income through new client acquisition, primarily from converting leads provided by the Company but also from self-generated new business opportunities.
  • Customer satisfaction, as measured by internal customer satisfaction surveys and Investors in Customers surveys (or equivalent external measures).
  • Relationship Management with the Company’s lead generation and customer service teams, and account management personnel within insurers and other providers.
  • Effectively negotiating premiums with the holding insurer and alternative insurers to obtain good value outcomes for customers in line with their requirements.

Experience:

  • Experience within the Financial Services market is essential, with Protection experience also essential.
  • Experience in successfully converting potential customer enquiries essential.
  • Experience in relationship building with Insurers/Providers, Clients and Account Managers.
  • Experienced in using Microsoft Office Programs.
  • Minimum of Cert CII or willingness to study towards qualification.
  • Experience in Financial Services, Regulation and Ethics.
  • A proven ability to negotiate successfully on behalf of customers to deliver targets.
  • Effective verbal and written communication skills.
  • Well organised and able to respond well under pressure and meeting deadlines.
  • Working well as part of a team as well as being able to work for periods using own initiative.
  • Copes well with change, internally within the business and externally within the market.

Further information:

  • As well as a competitive salary we offer a competitive holiday allowance with the annual option to buy additional days.
  • Death in Service benefit of x4 salary.
  • Company pension scheme.
  • Enhanced maternity and paternity leave packages.
  • A flexible benefits package which allows you to add additional benefits to your overall package.
  • Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more.
  • Referral schemes.
  • Discounted rates on PIB products.
  • We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more.
  • If supporting the local community, engaging with charities and having the opportunity to give something back interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
  • We also offer a wide range of discounts including a kids pass giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose.
  • PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development.
  • Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity.
  • PIB Group are committed to improving their environmental impact in a responsible way.
  • We are proud of our success and growth and have been recognised for many industry awards across our business.
  • If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you.
  • PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for.
  • We would love to hear from you if you want to hear more about opportunities in PIB.
  • We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.

Business Development Consultant employer: pib Group

At PIB, we pride ourselves on being an exceptional employer, offering a vibrant work culture that prioritises employee well-being and professional growth. With a competitive salary, generous benefits including enhanced parental leave and a flexible working policy, we empower our Business Development Consultants to thrive while making a meaningful impact in the community. Our commitment to continuous learning and development, alongside a supportive environment that values diversity and inclusion, makes PIB an ideal place for those seeking a rewarding career in the Financial Services sector.
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Contact Detail:

pib Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Consultant

✨Tip Number 1

Familiarise yourself with the Financial Services market, especially in the Protection sector. Understanding current trends and challenges will help you engage more effectively during interviews and demonstrate your knowledge of the industry.

✨Tip Number 2

Network with professionals in the Financial Services and Protection sectors. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the role.

✨Tip Number 3

Prepare to discuss your negotiation skills in detail. Think of specific examples where you've successfully negotiated outcomes, as this is a key aspect of the role and will showcase your ability to deliver value for customers.

✨Tip Number 4

Research PIB Group's values and community initiatives. Being able to articulate how your personal values align with theirs can set you apart and show that you're genuinely interested in being part of their team.

We think you need these skills to ace Business Development Consultant

Client Acquisition
Relationship Management
Negotiation Skills
Customer Satisfaction Measurement
Financial Services Knowledge
Protection Insurance Expertise
Lead Conversion
Microsoft Office Proficiency
Regulatory Compliance
Effective Communication Skills
Organisational Skills
Ability to Work Under Pressure
Team Collaboration
Self-Motivation
Adaptability to Change

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the Financial Services market, particularly in Protection. Emphasise your skills in customer acquisition, relationship management, and negotiation, as these are key for the Business Development Consultant role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences where you've successfully converted leads or built relationships with insurers and clients, demonstrating your ability to meet the job's requirements.

Highlight Relevant Qualifications: If you have the Cert CII qualification or are willing to study towards it, make sure to mention this prominently. Also, include any other relevant certifications or training that align with the responsibilities of the position.

Showcase Communication Skills: Since effective verbal and written communication is crucial for this role, consider including examples of how you've successfully communicated with clients or stakeholders in previous positions. This could be through presentations, reports, or client interactions.

How to prepare for a job interview at pib Group

✨Know Your Financial Services

Make sure you brush up on your knowledge of the financial services market, especially in protection. Be prepared to discuss your experience and how it relates to the role, as this will show your understanding of the industry.

✨Demonstrate Relationship Management Skills

Prepare examples of how you've successfully built relationships with insurers, clients, and account managers. This is crucial for the role, so showcasing your ability to manage these relationships effectively will set you apart.

✨Showcase Your Negotiation Skills

Be ready to discuss specific instances where you've negotiated premiums or other terms successfully. Highlighting your negotiation skills will demonstrate your capability to deliver good value outcomes for customers.

✨Emphasise Your Organisational Skills

Since the role involves travel and client visits, it's important to convey how you stay organised and manage your time effectively. Share strategies you've used to cope with pressure and meet deadlines.

Business Development Consultant
pib Group
P
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