Business Development Manager

4 weeks ago

Worcester, Worcestershire, United Kingdom Balens Specialist Insurance Brokers Full time
Business Development Executive

We are seeking a highly skilled Business Development Executive to join our dynamic team at Balens Specialist Insurance Brokers. As a key member of our team, you will play a crucial role in driving sustainable growth and profitability for our company.

Key Responsibilities:
  • Manage a pipeline of opportunities from prospect stage to sale, working closely with the wider Balens team to ensure successful conversion.
  • Develop and maintain existing introducer and partner relationships, identifying new business opportunities and delivering innovative solutions that meet the evolving needs of our customers.
  • Support the expansion of service delivery, collaborating with our Compliance and Agency teams to ensure all regulatory components of relationship management are achieved.
  • Be a key member of our Events team, delivering workshops, presentations, networking, and engaging with attendees, exhibitors, and partners.
  • Develop and implement strategies to enhance lead generation, opportunity conversion, and penetration rates, working collaboratively with the Balens team to identify and address customer concerns.
  • Take responsibility for ensuring compliance with regulatory requirements, embedding compliance in your work and resolving incidents promptly.
Requirements:
  • Proven experience in a sales-focused role, with 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 skills.
What We Offer:
  • Competitive salary and benefits package, including a death in service benefit of x4 salary, company pension scheme, and enhanced maternity and paternity leave packages.
  • Flexible working policy, with opportunities for professional development and career growth.
  • Equal opportunities employer, committed to hiring a diverse and inclusive workforce.

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