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- Tasks: Lead business development in the insurance sector, driving strategic growth and closing high-value deals.
- Company: Join a global leader in insurance technology and services with a strong market presence.
- Benefits: Enjoy a competitive salary, uncapped commission, and hybrid working options in central London.
- Why this job: Be part of a dynamic team transforming the insurance market with innovative solutions.
- Qualifications: Experience in insurance sales, strong communication skills, and a network in the UK market required.
- Other info: Collaborate with seasoned professionals and make a significant impact in a growing company.
The predicted salary is between 80000 - 120000 ÂŁ per year.
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This range is provided by Sanderson. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
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Practice Lead – Recruiting Insurance experts in Change and Transformation for 30 years. 07831 772543
We\’re Hiring: VP of Business Development (Insurance Solutions)
Basic Salary : ÂŁ100,000+ commission and bonus
Location: London (Hybrid, 2–3 days/week in office or with clients)
Industry: Insurance | Technology | Professional Services
Our client doesn’t just understand insurance — they live and breathe it. As a global leader in insurance-focused managed services and technology, they help some of the most complex players in the Lloyd’s and London market transform how they operate.
We’re now looking for a Vice President of Business Development to join the growing UK team and drive strategic growth across the region.
Insurance Runs Deep Here:
Every team across the 4,500-strong global workforce is trained in insurance. That means their clients get real, meaningful solutions — not just outsourced tasks.
From their innovative insurance platforms to process optimisation expertise grounded in Six Sigma principles, their clients get results. They support MGAs, brokers, and reinsurers with everything from initial advisory to full-service tech delivery.
Established and Growing:
They already support 200 clients globally — including 30 in the London Market — and they are scaling fast. With a strong foundation in the London Market and beyond, they grew 25% last year and are targeting c30%+ growth this year.
What We’re Looking For:
- A seasoned business development professional with experience in insurance (technology or services sales)
- A well-connected individual able to confidently communicate with clients and prospects, in the UK commercial, Lloyd’s, and London Market space
- Someone who understands the complex needs of MGAs, brokers, and reinsurers
- Experience with long sales cycles and complex, high-value solution sales preferred
The Role:
- Develop and close new business opportunities in the UK
- Work closely with a supportive SVP who will help open doors and guide strategy
- Drive deals ranging from ÂŁ100,000 to $10M+ multi-year contracts
- Be part of a collaborative and experienced UK sales team
What’s on Offer:
- Competitive base + uncapped commission (starting at 3%, rising to 5%)
- Year 1 target: ~3x base, Year 3: ~7 x base
- Hybrid working in a central London office
- Real backing from some Insurance SMEs and delivery teams who know insurance inside-out
Make Your Mark in a Company That Gets Insurance.
If you\’re passionate about transforming how the insurance market works — and you know what it takes to sell real value please do get in touch
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Industries
Insurance and Business Consulting and Services
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VP Sales, Business Developement employer: Sanderson
Contact Detail:
Sanderson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Sales, Business Developement
✨Tip Number 1
Network strategically within the insurance industry. Attend relevant events, webinars, and conferences to connect with key players in the Lloyd's and London Market. Building relationships with potential clients and industry leaders can give you a significant edge.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in insurance solutions. Being knowledgeable about innovations and how they impact business development will help you engage more effectively with clients and demonstrate your value.
✨Tip Number 3
Prepare to discuss your experience with long sales cycles and high-value contracts. Be ready to share specific examples of how you've successfully navigated complex sales processes, as this will resonate well with the hiring team.
✨Tip Number 4
Showcase your understanding of the unique needs of MGAs, brokers, and reinsurers. Tailor your conversations to highlight how your skills align with their challenges, demonstrating that you can provide real, meaningful solutions.
We think you need these skills to ace VP Sales, Business Developement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the insurance sector. Use specific examples of past successes and quantify your achievements where possible.
Craft a Compelling Cover Letter: Your cover letter should reflect your passion for the insurance industry and your understanding of its complexities. Mention how your skills align with the company's goals and how you can contribute to their growth.
Showcase Your Network: In your application, emphasise your connections within the UK commercial, Lloyd’s, and London Market space. This will demonstrate your ability to engage with clients and prospects effectively.
Highlight Relevant Skills: Focus on skills that are crucial for the role, such as long sales cycle management and high-value solution sales. Provide examples of how you've successfully navigated complex sales processes in the past.
How to prepare for a job interview at Sanderson
✨Understand the Insurance Landscape
Before your interview, make sure you have a solid grasp of the current trends and challenges in the insurance industry. Familiarise yourself with key players in the Lloyd’s and London Market, as well as the specific needs of MGAs, brokers, and reinsurers.
✨Showcase Your Network
As a VP of Business Development, your connections are invaluable. Be prepared to discuss your existing relationships within the industry and how they can benefit the company. Highlight any previous collaborations that led to successful outcomes.
✨Demonstrate Strategic Thinking
The role requires driving strategic growth, so be ready to share examples of how you've developed and executed successful business strategies in the past. Discuss your approach to long sales cycles and how you navigate complex deals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle high-value contracts. Prepare scenarios where you've successfully closed significant deals or turned around challenging situations, showcasing your expertise in solution sales.
