Associate Director, Business Development
Associate Director, Business Development
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$ 90000 - 125000
1 Vacancy
Job Description
Join Our Team as an Associate Director Business Development Come grow with us at WTW!
We are seeking a an experienced and resultsdriven Business Developer to join our RDI North America business development team. This role will be responsible for generating new revenue in the assigned territory for our market leading compensation surveys and compensation software solutions through net new client acquisition with a focus on large multinational and enterprise accounts.
What Youll Do:
This is a unique opportunity to join a fastgrowing sales team and play a pivotal role in shaping the future of our commercial organization. Your drive for success will be key to achieving our ambitious growth goals in North America. You will work closely with our experienced Business Development team Survey Operations Client Success and Work & Rewards consulting teams a to identify qualify nurture and close net new business opportunities and expand our client portfolio in North America.
The Role:
Lead generation and Prospecting:
search and identify potential clients within the target market segments working closely with our Industry Leaders and Global Sales Operations team.
- Use various channels such as cold calling email outreach social media and networking events to generate leads.
- Effectively communicate the value proposition of WTWs compensation surveys and software solutions.
- Engage with prospects to understand their needs challenges and pain points related to compensation management.
- Creates and cultivates a robust pipeline of new business opportunities through proactive outreach referrals and leveraging your existing network.
- Understand target market (including unique industry needs) to determine which strategies & intellectual capital can be used to attract new clients.
- Qualify leads based on predefined criteria and ensure they meet the companys ideal customer profile
New Client Acquisition:
- Develops & executes an account plan and growth strategy for Named Accounts within the assigned territory
- Qualifies prospects based on business criteria and develops and articulates an understanding of the prospects unique compensation needs.
- Conducts sales calls with prospective clients and positions the unique value proposition of our offerings providing proof points and product demonstrations as needed.
- Brings in subject matter experts as needed for adjacent opportunities such as rewards consulting
- Create negotiate and close sales proposals across our full suite of RDI products.
- Ensures a smooth handover to Client Success for client onboarding and account management.
- Develop and maintain excellent partnerships with the Client Success and Consulting teams particularly in the Work & Rewards line of business.
- Expand awareness of RDI capabilities in assigned territory to stimulate additional sales and integrated selling opportunities.
Pipeline Management:
- Maintain accurate and uptodate records of leads opportunities and related activities in the CRM system.
- Provide regular proactive updates on pipeline development and to the Business Development Leader
.
Market Research:
- Stay informed about hot topics industry trends market developments and competitor activities related to compensation surveys and software.
- Provide feedback to the sales and marketing teams based on insights gathered from prospect interactions.
- Identifying and evaluating emerging client or market needs.
Key Metrics
- Lead generation and qualification
- Pipeline development
- New Business Originated
- New Client Acquisitions
- Opportunities referred to other WTW Lines of Business
Top Competencies Required
- Persistence and Resilience
- Results Orientation
- Excellent written and verbal communication
- Active Listening
- Relationship Building
- Growth Mindset
Qualifications
The Requirements:
- Bachelors degree in Business Administration Finance Economics or related field.
- 710 years of relevant sales experience in a data products digital or software environment
- A foundational understanding of Total Rewards and/or compensation management processes is preferred
- Proven track record of building and growing business relationships in large enterprise accounts
- Excellent communication and interpersonal skills with the ability to collaborate effectively across teams.
- Detailoriented with a focus on accuracy and quality of work.
- Must be client focused and have excellent client relationship management skills
- Demonstrated ability to perform in a team environment
- Commercial growth mindset
- EOE including disability/vets
Note that visa employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Compensation and Benefits:
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors including but not limited to location of the role individual competencies education/professional certifications qualifications/experience performance in the role.
Compensation:
The base salary compensation range being offered for this role is $90000 $125000 USD per year.
This role is also eligible for high commission potential on individual tiered commission incentives on sales to target and sales in excess of target.
Company Benefits:
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits:Medical (including prescription coverage) Dental Vision Health Savings Account Commuter Account Health Care and Dependent Care Flexible Spending Accounts Group Accident Group Critical Illness Life Insurance AD&D Group Legal Identify Theft Protection Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits:Paid Holidays Annual Paid Time Off (includes paid state/local paid leave where required) ShortTerm Disability LongTerm Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave)Paid Time Off
- Retirement Benefits:Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for nonqualified Deferred Compensation and Deferred Savings Plans
Required Experience:
Director
Employment Type
Full-Time
