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Insurance Business Development Manager
2 months ago
Job Summary:
We are seeking a highly motivated and experienced Insurance Business Development Manager to join our team at Rev & Regs. As a key player in driving the growth and expansion of our client base, you will be responsible for identifying and securing new client opportunities across general insurance.
Key Responsibilities:
- Develop and implement sales strategies to meet or exceed new business targets, focusing on building strong relationships with new clients and providing tailored insurance solutions.
- Represent the company at industry events, conferences, and networking opportunities to build a pipeline of potential clients and establish the company as a thought leader in the insurance industry.
- Conduct thorough risk assessments for new clients to provide expert advice on a wide range of insurance covers and ensure clients are fully protected.
- Collaborate with Account Handlers to streamline administrative processes and provide mentorship to develop their expertise in managing client books.
- Develop and maintain a deep understanding of the insurance industry, including market trends, competitor activity, and regulatory requirements.
- Stay up-to-date with industry developments and best practices, and apply this knowledge to drive business growth and improve client outcomes.
Requirements:
- Significant experience in the insurance industry, with a strong preference for those with a background in broking or underwriting.
- Proven track record in generating and converting new business leads within the insurance sector.
- Extensive experience in managing client relationships, with a focus on understanding client needs and providing tailored insurance solutions.
- Experience representing a company at industry events and building a strong network of potential clients and industry contacts.
- Ability to negotiate effectively with clients and underwriters to secure favourable terms.
- Proficiency in insurance software systems and a strong understanding of various insurance products and policies.
- Relevant industry certifications, such as those from the Chartered Insurance Institute (CII), are highly desirable but not essential.
What We Offer:
As a valued member of our team, you will have the opportunity to work with a well-established insurance broker, with a strong reputation for delivering exceptional client service and expertise. You will be part of a dynamic and supportive team, with a focus on driving business growth and improving client outcomes.
