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Business Development Executive

Mosaic Recruitment Ltd.,
Posted 8 hours ago, valid for 22 days
Location

Bishop's Stortford, Essex CM23 5QA

Salary

£36,000 - £43,200 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role is for a Business Development Executive in Harlow, offering a salary of £23,000-£25,000 plus commission/OTE.
  • Candidates should have a minimum of 3 years of experience in business development or sales, preferably in the insurance industry.
  • The position requires strong skills in lead generation, client acquisition, and relationship building within a fast-paced environment.
  • The company offers hybrid working arrangements, professional development, and a supportive team culture.
  • Successful candidates will be self-motivated, tech-savvy, and possess excellent communication and negotiation skills.
  • Hybrid working 3/2 work pattern but flexibility given
  • lots of training and support whilst you learn
Location: HarlowReports To: Sales Team LeaderJob Type: Full-Time, Permanent, hybrid working Salary: £23,000-£25,000 + Commission/OTEJob Overview:We are seeking a motivated and results-driven Business Development Executive to join our team and drive growth within the insurance sector. As a key member of the sales team, you will be responsible for identifying new business opportunities, building relationships, and converting leads into clients. This role is suited for an ambitious "hunter" salesperson who thrives in a fast-paced environment, with a proven track record in business development and insurance sales.Key Responsibilities:
  • Lead Generation & Prospecting: Identify, research, and target new business opportunities within the insurance industry.
  • Client Acquisition: Proactively contact and engage potential clients, understanding their needs and presenting tailored insurance solutions.
  • Sales Pipeline Management: Build and maintain a robust pipeline of prospects, ensuring regular follow-ups and consistent conversion of leads.
  • Relationship Building: Develop and nurture long-term relationships with key decision-makers within client organizations.
  • Negotiation & Closing: Effectively present and negotiate terms, closing deals that meet both client needs and company objectives.
  • Market Research: Stay informed about market trends, competitor activity, and industry developments to identify opportunities for growth.
  • Collaboration: Work closely with internal teams such as marketing, underwriting, and customer service to deliver seamless solutions to clients.
  • Reporting: Regularly update the CRM system and provide detailed reports on sales activities, pipeline progress, and forecasts.
  • Targets: Achieve and exceed monthly and quarterly sales targets, contributing to the overall growth of the business.
Skills & Qualifications:
  • Proven Track Record: Minimum of 3 years’ experience in business development or sales, preferably within the insurance industry but not mandatory 
  • Industry Knowledge: Strong understanding of insurance products, regulations, and market trends.
  • Sales Acumen: Demonstrated ability to generate leads, build relationships, and close deals.
  • Communication: Excellent verbal and written communication skills, with the ability to present complex information in a clear, persuasive manner.
  • Negotiation: Strong negotiation skills, able to balance client needs with company objectives.
  • Self-Motivated: Highly driven, proactive, and able to work independently to meet targets.
  • Tech-Savvy: Proficient in using CRM software and Microsoft Office Suite.
  • Networking: Strong ability to network and build lasting relationships with stakeholders.
Desirable:
  • Experience in commercial or corporate sales.
  • Established network of contacts within the insurance sector.
Benefits:
  • Competitive base salary with OTE 
  • Professional development and training opportunities.
  • Flexible working arrangements 
  • Opportunity to work with a dynamic, growth-focused team.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.