Business Development Manager

3 days ago

Hereford, Herefordshire, United Kingdom Balens Specialist Insurance Brokers Full time
Job Title: Business Development Executive Job Summary: We are seeking a highly motivated and experienced Business Development Executive to join our dynamic team at Balens Specialist Insurance Brokers. As a key member of our sales team, you will be responsible for driving sustainable growth and profitability by identifying new business opportunities, cultivating strategic partnerships, and delivering innovative solutions that meet the evolving needs of our customers. Key Responsibilities: * Manage a pipeline of opportunities from prospect stage to sale, with the support of the wider Balens team. * Deliver new, and maintain existing, introducer and partner relationships. * Provide support across the wider Balens team to ensure successful conversion of opportunity. * Be a key member of our Events team, delivering workshops, presentations, networking, and engaging with attendees, exhibitors, and partners. * Work collaboratively with our Compliance and Agency teams to ensure all regulatory components of relationship management are achieved. * Develop and implement strategies to enhance lead generation, opportunity conversion, and penetration rates. * Collaborate with the Balens team to identify and address customer concerns. * Resolve incidents promptly and implement improvements based on incident analysis. * Identify opportunities for individual and team development, fostering a culture of continuous learning. * Take responsibility for ensuring compliance with regulatory requirements. Requirements: * Proven experience in a sales-focused role. * Demonstrated success in lead acquisition and conversion. * Experience in managing client relationships with multiple stakeholders. * Track record of implementing successful customer retention and conversion strategies. * Understanding of commercial insurance. * Knowledge of performance reporting and KPI management. * Analytical mindset with excellent problem-solving abilities. * Exceptional communication skills, both verbal and written. * Negotiation and influencing. What We Offer: * Competitive salary. * Competitive holiday allowance with the annual option to buy additional days. * Death in Service benefit of x4 salary. * Company pension scheme. * Enhanced maternity and paternity leave packages. * Flexible benefits package. * Discounts on technology and electronics, cinemas, restaurants, days out, mortgage advice, travel, and more. * Referral schemes. * Discounted rates on PIB products. * First-class employee benefits and welfare package. * Volunteering day. * Discounts at hairdressers and beauticians, climate change projects, and more. * Comprehensive learning and development framework. * PIB Community Trust. About Us: We are proud of our success and growth and have been recognised for many industry awards across our business. We operate a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce.

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