At a Glance
- Tasks: Identify and develop new business opportunities in affinity insurance and related services.
- Company: Join SPB UK & Ireland, a leader in innovative insurance solutions with over 55 years of experience.
- Benefits: Flexible working arrangements, competitive salary, and opportunities for professional growth.
- Other info: Work in a supportive environment with a focus on creativity and compliance.
- Why this job: Make an impact by shaping proposals and strategies in a dynamic industry.
- Qualifications: Strong analytical, communication, and lead generation skills are essential.
The predicted salary is between 40500 - 49500 £ per year.
Company Description
SPB UK & Ireland is a leading provider of affinity insurance solutions, focusing on packaged account products, standalone insurance propositions, and gadget retail insurance.
With over 55 years of experience in the UK insurance sector and a strong international presence, the company delivers innovative, customer-centric insurance solutions tailored to client needs.
Its services include policy and claims administration, repairs and replacements, and white-label solutions that integrate seamlessly with partners’ core offerings.
SPB UK & Ireland emphasizes creativity, flexibility, and full regulatory compliance with FCA rules, supported by a UK-based in-house team and dedicated account managers.
As a trusted industry leader, the company helps businesses enhance their offerings through tailored insurance solutions.
Role Description
This is a full-time, Business Development Specialist role split between home based and a few days in London.
The role involves identifying and developing new business opportunities across affinity insurance and related services, including prospecting, lead generation, and managing a sales pipeline.
The specialist will conduct market research to understand customer needs, industry trends, and competitor activity, using these insights to shape proposals and commercial strategies.
Day-to-day tasks include preparing and delivering presentations, coordinating tender responses, and supporting contract negotiations in collaboration with internal teams such as account management, operations, and compliance.
The role also requires maintaining strong relationships with existing and prospective partners, ensuring high levels of customer service and contributing to revenue growth and long-term partnerships.
Qualifications
- Candidates should possess strong Analytical Skills and Market Research capabilities to identify opportunities, assess performance, and support data-driven decisions.
- Candidates should possess excellent Communication skills to engage stakeholders, present proposals clearly, and build effective internal and external relationships.
- Candidates should possess Lead Generation experience, including prospecting, pipeline management, and follow-up to convert leads into sustainable business.
- Candidates should possess solid Customer Service skills to ensure partner satisfaction, manage expectations, and support long-term client retention.
- Experience in insurance, financial services, or affinity partnerships is beneficial, along with familiarity with FCA-regulated environments.
- A track record in business development, account management, or sales, ideally within B2B settings, is preferred.
- Strong organizational skills, attention to detail, and proficiency with CRM tools and standard office software are advantageous.
- A relevant degree or equivalent professional experience in business, marketing, finance, or a related field is desirable.
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Business Development Specialist employer: SPB UK & Ireland
SPB UK & Ireland is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in the affinity insurance sector. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a supportive environment that values results-driven contributions. Located in a vibrant area, the company provides unique advantages such as networking with industry leaders and access to cutting-edge resources, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Specialist
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like SPB UK & Ireland. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Development Specialist
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to SPB UK & Ireland.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on SPB UK & Ireland's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at SPB UK & Ireland
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with SPB UK & Ireland.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at SPB UK & Ireland will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former SPB UK & Ireland employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
