At a Glance
- Tasks: Engage with SMEs to promote insurance products and support their business needs.
- Company: Join Tide, a leading fintech transforming small business banking.
- Benefits: Flexible working, health insurance, 27 days holiday, and professional development budget.
- Other info: Diverse and inclusive culture with excellent career growth opportunities.
- Why this job: Make a real impact by helping small businesses save time and money.
- Qualifications: Passionate, target-driven, with customer service or telesales experience.
The predicted salary is between 30000 - 40000 £ per year.
At Tide we help SMEs save time (and money) in the running of their businesses by offering business accounts and related banking services, as well as a comprehensive set of highly usable and connected administrative solutions from invoicing to accounting. Tide is transforming the small business banking market with over 1.8 million members globally across the UK, India, Germany and France. Using advanced technology, all solutions are designed with SMEs in mind.
As a Business Development Executive you’ll be entrepreneurial, target oriented and passionate about helping small businesses with their insurance needs. Working in a fast-paced, ever changing environment will excite you along with an interest in the fintech industry. You’ll be target focused and confident at handling objections to achieve your revenue goals. You’ll also have an excellent telephone manner, will be outgoing and thrive working in a close-knit team.
As a Business Development Executive:
- Engage with existing Tide members via calls, emails, and other outreach methods to introduce and promote relevant insurance products that support their business needs.
- Proactively manage and follow up on leads generated through various channels, educating members on the benefits of insurance.
- Cross-sell complementary Tide products and services alongside insurance offerings.
- Build strong relationships with prospective and existing members by understanding their business goals.
- Confidently conduct cold calls, cold emails, and cold outreach to engage potential members.
- Guide members through the full insurance journey, delivering exceptional service.
What makes you a great fit:
- Passionate, driven, with a can-do attitude.
- Excellent written and spoken English language skills.
- Previous customer service or telesales experience, specifically in insurance sales or broking.
- Focused on revenue and can up-sell insurance policies.
- Comfortable with constant change and switching of priorities.
- Incredibly self-motivated and conscientious.
- Ability to listen, learn and adapt to feedback.
What you’ll get in return:
- Flexible working options.
- Group Life Insurance.
- Health Insurance, with a focus on mental and physical wellbeing.
- 27 days holiday with the ability to buy extra days.
- 3 days for L&D or volunteering time off per year.
- Investment in your development with a professional L&D budget.
- Snacks, light food, drinks in the office.
- Enhanced family-friendly leave.
- Sabbatical leave.
At Tide, we champion a flexible workplace model that supports both in-person and remote work. Our offices are designed as hubs for innovation and team-building, where we encourage regular in-person gatherings to foster a strong sense of community.
We believe that we can only succeed if we let our differences enrich our culture. Our Tideans come from a variety of backgrounds and experience levels. We celebrate diversity in our workforce as a cornerstone of our success.
Disclaimer: Tide does not charge any fees at any stage of the recruitment process. All official Tide job opportunities are listed exclusively on our Careers Page. Communication from Tide will only come from an official @tide.co email address.
Business Development Executive (Insurance Sales) employer: Tide
Tide is an exceptional employer that champions a flexible and inclusive work culture, allowing employees to thrive in both remote and in-office settings. With a strong focus on employee development, generous benefits including health insurance and 27 days of holiday, and a commitment to diversity, Tide empowers its team members to make a meaningful impact while enjoying a supportive environment. As a Business Development Executive, you'll be part of a dynamic team dedicated to helping SMEs succeed, all while working in the vibrant heart of Central London.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive (Insurance Sales)
✨Tip Number 1
Get to know Tide inside out! Familiarise yourself with our products and services, especially those related to insurance. This way, when you chat with potential members, you can confidently explain how we can save them time and money.
✨Tip Number 2
Practice your pitch! Whether it’s cold calling or emailing, having a clear and engaging message will help you stand out. Remember, it’s all about building relationships, so make sure to listen to their needs and tailor your approach.
✨Tip Number 3
Leverage your network! Don’t hesitate to reach out to existing contacts who might benefit from our services. A warm introduction can go a long way in establishing trust and making that sale.
✨Tip Number 4
Stay positive and persistent! Rejections are part of the game, but don’t let them get you down. Keep your energy up, learn from each interaction, and remember that every 'no' brings you closer to a 'yes'.
We think you need these skills to ace Business Development Executive (Insurance Sales)
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for helping SMEs shine through. We want to see that you’re genuinely excited about the role and the impact you can make in the fintech industry.
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your relevant experience in insurance sales or customer service. We love seeing how your skills align with what we’re looking for, so don’t hold back!
Be Clear and Concise:Keep your writing straightforward and to the point. We appreciate clarity, so avoid jargon and focus on communicating your ideas effectively. Remember, we’re looking for excellent written English skills!
Apply Through Our Website:Don’t forget to submit your application through our official careers page! It’s the best way to ensure it gets into the right hands. Plus, it shows us you’re serious about joining the Tide team.
How to prepare for a job interview at Tide
✨Know Your Stuff
Before the interview, make sure you understand Tide's mission and the insurance products they offer. Familiarise yourself with how these products can help SMEs save time and money. This knowledge will show your passion for the role and your commitment to helping small businesses.
✨Show Off Your Sales Skills
Prepare to discuss your previous experience in customer service or telesales, especially in insurance. Be ready to share specific examples of how you've successfully handled objections and closed deals. This will demonstrate your target-driven mindset and ability to thrive in a fast-paced environment.
✨Be Personable and Engaging
Since you'll be engaging with existing and potential members, practice your telephone manner and ensure you come across as friendly and approachable. Role-play common scenarios with a friend to build confidence in your communication skills, which are crucial for building strong relationships.
✨Embrace Change and Adaptability
Tide operates in a dynamic environment, so be prepared to discuss how you've adapted to changes in your previous roles. Share examples of how you've successfully navigated shifting priorities and maintained a member-first mentality, showcasing your ability to thrive under pressure.
