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Business Development Manager

Addition
Posted 18 hours ago, valid for 7 days
Location

London, Greater London EC1R 0WX

Salary

£100,000 per annum

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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  • We are seeking a Business Development Manager for a leading insurance broker focused on technology, cyber, clean tech, and renewables risks.
  • The position is based in South UK with a salary range of £40,000 to £90,000, including a car allowance and uncapped quarterly commission.
  • Candidates should have a minimum of 5 years of business development experience, with a proven track record of exceeding sales targets.
  • The role involves identifying new business opportunities, building relationships with clients, and presenting customized insurance solutions.
  • Preferred candidates will have experience selling to C-Suite leaders, particularly Financial Directors, and a strong network in the tech sector.

We are looking for a Business Development Manager to join a highly recognised insurance Broker specialising in technology, cyber, clean tech and renewables risks.

What You Can Expect

  • Location - South UK based (With ability to travel to customers)
  • Industry - Insurance
  • Salary - £40,000 - £90,000 base salary (Car allowance and quarterly uncapped commission)
  • Work type - Permanent

Main Responsibilities as a Business Development Manager

  • Actively identify and pursue new business opportunities through cold calling, email campaigns, networking, referral generation, online research and LinkedIn.
  • Building strong relationships with prospective clients.
  • Conducting thorough needs assessments to understand clients’ business operations, challenges and risk exposures.
  • Building a strong pipeline of new business opportunities, with a focus on getting face time with potential customers.
  • Analyse client data and identify potential gaps in their current insurance coverage.
  • Develop and present customised insurance solutions, including policy recommendations.
  • Effectively present proposals and negotiate terms with potential clients.
  • Working closely with a Senior Director during the closing process to ensure clients are consulted on the identified risks and suitable insurance policy.
  • Maintaining accurate records of all sales activities and track progress towards targets.
  • Exceeding quarterly targets through consistent pipeline building and hunting new business opportunities effectively.

Core Experience, Qualifications, and Skills

  • Minimum of 5+ years in business development.
  • Track record of exceeding sales targets, ideally closing £100,000+ in new business annually.
  • Full Driving License and access to a vehicle is essential.
  • Experience selling to C-Suite leaders, specifically Financial Directors.
  • Experience selling IT services or SAAS is preferred.
  • A highly personable individual with a drive to succeed.
  • Experience selling Insurance policies would be desirable.
  • A strong network of tech contacts in the Cambridge, Oxford, Watford or Hertfordshire area would be of interest.

What’s In It For You?

  • Quick interview process.
  • Uncapped earning potential.
  • Highly reputable business.
  • Career development.

For further information on this Business Development Manager role apply below

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

By applying you are confirming you are happy to be added to the Addition mailing list regarding future suitable positions and marketing efforts. You can opt out of this at any time simply by contacting one of our consultants.

Apply now in a few quick clicks

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.