Business Development Manager, UK - Life & Health Products
We are seeking a driven, entrepreneurial professional with a strong focus on partnerships to develop sales growth and market expansion across the UK for our client’s group life and health products. The ideal candidate will be a strategic thinker with expertise in group life/health products and a proven track record in business development.
ROLE AND RESPONSIBILITIES:
• Identify and develop new business opportunities within the UK & EU market for the new product.
• Build and maintain strong relationships with key stakeholders, including brokers, intermediaries, clients, and strategic partners.
• Conduct market research to understand client needs and the competitive landscape.
• Develop and execute strategic sales plans to achieve revenue targets and increase market share in the UK regions.
• Present and communicate the value proposition of the new product to prospective clients.
• Negotiate and close deals with potential clients.
• Provide feedback to the product development team to ensure alignment with market needs.
• Participate in industry events, conferences, and seminars to network and promote the company's offerings.
• Prepare regular reports on sales activities and progress toward targets.
• Segment the market and identify high-potential sectors and companies for targeted outreach.
• Provide training and support to internal teams and clients regarding product features and benefits.
• Contribute to business planning by developing accurate sales forecasts.
• Act as the main point of contact for clients, providing exceptional customer service throughout the sales process and beyond.
• Deliver tailored presentations and product demonstrations to prospective clients.
• Stay informed on industry trends, competitive products, and market shifts, sharing insights with the broader team to promote continuous learning.
• Collaborate with product and marketing teams to create promotional materials, sales collateral, and communication strategies.
• Ensure the successful closing of deals and seamless onboarding of new clients.
SKILLS AND COMPETENCIES:
• Strong communication, negotiation, and presentation skills.
• Ability to build and maintain long-term relationships with clients and key stakeholders.
• Highly motivated, with the ability to work independently and as part of a team.
• Proven track record of achieving sales targets and driving business growth in the UK market.
• Established network within the industry.
QUALIFICATIONS AND CERTIFICATIONS:
• A business degree in a related field.
• A minimum of 2 years of experience in a similar role within the insurance industry, specifically handling group life and health or related insurance products