At a Glance
- Tasks: Drive new business opportunities and generate high-quality leads for Private Clients.
- Company: Join a leading firm providing bespoke insurance solutions to high-net-worth individuals.
- Benefits: Enjoy 25 days leave, private healthcare, and a pension scheme with matched contributions.
- Other info: Hybrid working options and a supportive environment for personal and professional growth.
- Why this job: Make a real impact by connecting with influential clients and driving growth.
- Qualifications: Sales experience and strong networking skills are essential.
The predicted salary is between 42750 - 52250 £ per year.
Description
As part of our GB Retail team, Private Clients provides confidential, high-quality personal insurance solutions to mid-net-worth and high-net-worth individuals, including corporate decision-makers and public figures.
We are looking for a Strategic Development Manager to drive new business opportunities and generate high-quality Private Client leads for the sales team.
This is a sales-focused role requiring a proactive, commercially minded individual with strong networking and relationship-building skills.
The Role
Reporting to the Head of Sales and Strategy, you will be responsible for identifying, developing and converting new business opportunities across the Private Client proposition.
- Drive new business sales, lead generation and revenue growth.
- Identify opportunities through personal networks, existing clients, corporate relationships, professional introducers and wider Group business units.
- Build and maintain strong internal and external relationships to generate referrals and new business.
- Use client data, market insight and commercial intelligence to identify and develop prospects.
- Own and manage the lead pipeline from identification and qualification through to handover to the sales team.
- Work collaboratively with the Private Client team to progress opportunities and maximise cross-sell and up-sell potential.
- Develop a strong understanding of the Private Client proposition and market trends.
- Deliver agreed sales targets while maintaining high standards of client service, confidentiality and regulatory compliance.
Qualifications
- What You'll Bring
- Proven experience in sales, business development or strategic relationship management, ideally within Private Client insurance.
- A strong track record of generating new business leads and delivering commercial results.
- Excellent networking, communication, negotiation and influencing skills.
- A proactive and entrepreneurial approach to identifying and converting opportunities.
- Ability to leverage personal networks, internal data and wider business relationships to generate leads.
- Strong commercial awareness, organisation and pipeline management skills.
- Ability to build trusted relationships with high-net-worth individuals, corporate clients and professional introducers.
- Collaborative approach with the ability to work across a large organisation.
- Private Client insurance experience is desirable but not essential.
- Understanding of FCA operating principles and Treating Customers Fairly.
- High levels of discretion, accuracy and confidentiality.
What We Offer
Enjoy a benefits package designed to help you thrive, both professionally and personally.
You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge.
Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind.
Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community.
On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more.
Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.
If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco. com
Strategic Development Manager - Private Clients in London employer: WTW
WTW is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a comprehensive benefits package that includes 25 days of annual leave, private healthcare, and a defined contribution pension scheme. The work culture fosters professional growth through hybrid working options and opportunities to engage in meaningful community service, making it an ideal environment for those looking to develop their careers while contributing positively to society.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Development Manager - Private Clients in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Strategic Development Manager - Private Clients in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at WTW.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at WTW
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at WTW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding WTW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.