Business Development Specialist
Business Development Specialist
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Salary Not Disclosed
1 Vacancy
Job Description
Company Details
Rated Best Places to Work 2024 by Business Insurance Continental Western Group is a regional property casualty insurance company offering commercial products and services through independent agents in the Midwest. CWG provides unique value through the service provided by our experienced group of employees and independent agents. Since 1886 Strong Local and Trusted.
As a Berkley company we enjoy operational flexibility that allows us to deliver quality coverage solutions. W. R. Berkley Corporation and all member insurance companies are rated A (Superior) by A.M. Best Company and carry Standard& PoorsFinancial Rating ofA(Strong).
This role will be based in our Urbandale IA office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.
The company is an equal opportunity employer. #LIAV1 #LIHYBRID
Responsibilities
As a Business Development Specialist your core function will be to manage a large group of agents (approximately 230 and drive profitable growth. You will influence and persuade agents to place profitable accounts with CWG. Youll be accountable for and measured against agency and account pipeline and direct written premium goals. Well trust you to provide varying levels of training for product and systems while targeting agents with measured growth opportunities. This role will be inside the office and travel expectations will be minimal as webinars virtual agency meetings email campaigns and phone calls are the preferred method of communication with agency partners. You have responsibility for growth in the following states: IA IL IN MI MN WI ND SD KS NE and CO.
What you can expect:
- Culture of innovation teamwork supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
- Benefits competitive compensation paid time off comprehensive wellness benefits and programs employer funded health savings account profit sharing 401k paid parental leave employee stock purchase plan tuition assistance and professional continuing education
Well count on you to:
- Proactively sell CWG/Berkley products in a way that differentiates CWG from competitors. Build strong partnerships by assisting independent agencies in developing profitable growthoriented business plans and sales strategies that align with company objectives. Identify agency needs recommend and sell appropriate CWG/Berkley products and services to agent. Monitor results and implement action plans as needed.
- Acquire indepth knowledge of company programs products processes and automation tools to facilitate new agency prospecting and aid in the training and direct correlation of production of business with new and existing agencies.
- Gather data and analyzes competitive market intelligence from both a carrier and agency perspective. Leverage competitive intelligence in the market and adjusts agency representation as needed based upon results and opportunities. Identify market trends to identify business threats and market opportunities within assigned territory. Actively share information among the teams for combined wins across all states.
- Partner with Underwriting to facilitate the quoting of new business renewal retention and overall agency relationship management. Establish collaborative relationships with Underwriting Risk Services Premium Auditing and other Berkley companies etc. to create strong agency partnerships and build a profitable book of business.
- Actively partner with Underwriting on profit initiatives. Recommend implement and monitor action plans to improve identified agency weaknesses. Determine appropriate course of action based on outcome of action plans e.g. agency termination limited binding authority etc.
- Perform other related duties as assigned by management.
Qualifications
What you need to have:
- Bachelors degree seven to ten years industry experience in agentfacing and/or leadership roles and/or training; or equivalent combination of education and experience.
- Marketing experience
- Comprehensive knowledge of small and middle market insurance products and coverages
- Demonstrated advanced account relationship management skills
- Strong sales and underwriting acumen
- Experience negotiating price terms and requirements
- Experience growing a business or portfolio of clients
- Must be action oriented and have strong drive for results
- Demonstrated ability to lead people and influence others to achieve results
- Proficient with Microsoft Word Excel and Outlook
- Ability to work outside normal work schedule to fulfill responsibilities
What makes you stand out:
- Completion of or working toward CIC AIM CPCU or similar designation.
- Strategic planning ability to think ahead and plan over a 23 year time span
- Experience attracting coaching and developing talent
- Works effectively with all levels and can easily build new relationships
- Demonstrated critical thinking problem analysis and problem resolution skills
- Excellent verbal and written communication skills
- Effective organizational multitasking and prioritizing skills
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Required Experience:
Unclear Seniority
Employment Type
Unclear
