UK Business Development Manager

We are seeking a motivated, hungry and partnership-focused professional based in the UK, to strongly drive sales and distribution of our UK and European cross-border admitted group life product, targeting businesses within the UK and European regions. This role requires a strategic thinker with a deep understanding of wholesale insurance and financial products with a proven track record in sales and business development.

ROLE AND RESPONSIBILITIES, DUTIES AND TASKS:

• Identify and develop new business opportunities within the EU and UK markets for the new product.
• Build and maintain strong relationships with key stakeholders, including brokers, intermediaries’ clients, and strategic partners.
• Conduct market analysis to understand client needs and competitive landscape.
• Develop and execute strategic sales plans to achieve revenue targets and grow market share in the Europe regions.
• Present and demonstrate the value proposition of the new product to potential clients.
• Negotiate and close deals with prospective clients.
• Provide feedback to the product development team to ensure alignment with market demands.
• Attend industry events, conferences, and seminars to network and promote the company’s offerings.
• Prepare regular reports and forecasts on sales activity and progress towards targets.
• Segment the market and identify high-potential sectors and companies for targeted outreach.
• Provide training and support to internal teams and clients regarding the product features and benefits.
• Develop accurate sales forecasts and contribute to the overall business planning process.
• Prepare regular reports on sales activities, progress towards targets, and market trends.
• Act as the primary point of contact for clients, providing excellent customer service and support throughout the sales cycle and beyond.
• Develop and deliver compelling presentations and product demonstrations tailored to the needs of prospective clients.
• Keep abreast of industry developments, competitive products, and market dynamics. Share insights and knowledge with the broader team to foster a culture of continuous learning and improvement.
• Collaborate with the product and marketing team to develop promotional materials, sales collateral, and communication strategies.
• Successfully close deals and ensure smooth onboarding of new clients.

SKILLS AND COMPENTICITIES:

• Excellent communication, negotiation, and presentation skills.
• Ability to build and maintain long-term relationships with clients and stakeholders.
• High level of self-motivation and the ability to work independently and as part of a team.
• Willingness to travel extensively within the EU regions

QUALIFICATIONS AND CERTIFICATIONS:

• Must be based in the UK.
• A business degree in related field.
• Existing network of contacts within the industry. (Huge advantage)
• Must have knowledge of the UK and EU landscape and regulations to selling non-admitted insurance products.
• A minimum of 5 years of experience in a similar role within the Insurance industry, specifically dealing with group life or related insurance products.
• Proven track record in achieving sales targets and driving business growth in the EU markets.
• Strong knowledge of the regulatory environment affecting insurance products within the UK and EU.

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