Insurance Broker Business Development Manager
Insurance Broker Business Development Manager

Insurance Broker Business Development Manager

Essex Full-Time 36000 - 60000 £ / year (est.) No home office possible
The Recruiter Ltd

At a Glance

  • Tasks: Drive sales growth by engaging with insurance brokers and executing marketing strategies.
  • Company: Join a respected insurer known for its strong market presence.
  • Benefits: Attractive salary, benefits package, and opportunities for professional development.
  • Why this job: Be a key player in shaping the future of insurance sales.
  • Qualifications: Experience in sales and strong relationship-building skills required.
  • Other info: Field-based role with dynamic challenges and career advancement potential.

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

Insurance Broker Business Development Manager

This is an exciting opportunity to join this established and highly regarded Insurer, being a pivotal role within the business.

Responsible for managing the delivery of agreed sales targets within a specified region(s) via the sales, marketing and distribution of the panel of Product Providers contributing to the overall Divisional targets.

This is a field sales role, whereby the individual will be visiting and selling to UK general insurance brokers on a face to face basis across a prescribed region.

Key responsibilities include:

  • Manage revenue growth and deliver sales targets within an assigned region(s)
  • Maximise product sales within an assigned region(s)
  • Identify and deliver areas for growth within an assigned region(s)
  • Plan and execute sales, marketing and distribution activities within an assigned region(s)
  • Deliver the agreed distribution requirements with an assigned region(s)
  • Maintain contact with to ensure high levels of client satisfaction
  • Maintain a solid understanding of the entire product range
  • Undertake broker visits 3 days per week
  • Maintain and develop client relationships: Brokers and Product Providers
  • Update the core system with appropriate data relating to clients and business activities
  • Complete all development tasks on time and to a high standard
  • Attend events as and when required promoting the business
  • Keep abreast of competitor activity
  • Champion the brand visions and values and represent the company in a professional manner
  • Control individual and assigned region(s) expenses to meet budget guidelines
  • Deliver agreed ad-hoc projects and reports within a specified time
  • Adhere to all company policies, procedures and business ethics codes

An attractive salary and benefits package is offered for the successful individual.

If you feel you have the relevant experience for this position then please submit your CV for consideration to the Hiring Manager.

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Insurance Broker Business Development Manager employer: The Recruiter Ltd

Join a well-established and highly regarded Insurer as an Insurance Broker Business Development Manager, where you will thrive in a dynamic work culture that prioritises employee growth and satisfaction. With a focus on face-to-face engagement with UK general insurance brokers, you will benefit from a competitive salary and an attractive benefits package, all while being part of a supportive team that champions professional development and values your contributions. This role offers the unique advantage of working in a field sales environment, allowing for flexibility and autonomy in managing your region's sales targets.
The Recruiter Ltd

Contact Detail:

The Recruiter Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insurance Broker Business Development Manager

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals at events or through social media. Building relationships can open doors to opportunities that aren’t even advertised.

✨Tip Number 2

Research the company inside out. Knowing their products, values, and recent news will help you stand out in interviews. It shows you’re genuinely interested and ready to contribute to their goals.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with their needs. Tailor your approach to highlight your sales achievements and how you can drive growth in their region.

✨Tip Number 4

Don’t forget to follow up! After interviews or networking events, drop a quick thank-you note. It keeps you on their radar and shows your enthusiasm for the role. Plus, we encourage you to apply through our website for a smoother process!

We think you need these skills to ace Insurance Broker Business Development Manager

Sales Management
Client Relationship Management
Market Analysis
Revenue Growth Strategies
Field Sales
Product Knowledge
Data Entry and Management
Communication Skills
Time Management
Budget Management
Event Promotion
Competitor Analysis
Project Management
Adherence to Policies and Procedures

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Insurance Broker Business Development Manager role. Highlight your experience in sales, marketing, and client relationship management, as these are key for us.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve met or exceeded sales targets in previous roles. We love seeing results!

Keep It Professional: While we appreciate a friendly tone, keep your application professional. Make sure there are no typos or grammatical errors, as attention to detail is crucial in our industry.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. This way, your application goes directly to us, and we can review it more efficiently. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at The Recruiter Ltd

✨Know Your Numbers

As a Business Development Manager, you'll need to demonstrate your understanding of sales targets and revenue growth. Brush up on your past achievements and be ready to discuss specific figures that showcase your success in meeting or exceeding sales goals.

✨Research the Company and Competitors

Familiarise yourself with the insurer's product range and their position in the market. Understanding competitor activity will not only help you answer questions but also show that you're proactive and genuinely interested in the role.

✨Prepare for Face-to-Face Scenarios

Since this role involves visiting brokers, think about how you would approach these meetings. Prepare examples of how you've built relationships in the past and be ready to role-play potential scenarios during the interview.

✨Showcase Your Strategic Thinking

Be prepared to discuss how you would identify areas for growth within your assigned region. Think about strategies you've used before and how you can apply them to this new role. This will demonstrate your ability to plan and execute effectively.

Insurance Broker Business Development Manager
The Recruiter Ltd
Location: Essex

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