Business Development Manager - UK

RMK Talent Solutions; London; On-site; GBP 125,000 - 150,000

Job description

Business Development Manager, UK - Life & Health Products

We are seeking a driven, entrepreneurial professional with a strong focus on partnerships to lead 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 cross-border financial products and a proven track record in business development.

ROLE AND RESPONSIBILITIES:

1. Identify and develop new business opportunities within the UK market for the new product.
2. Build and maintain strong relationships with key stakeholders, including brokers, intermediaries, clients, and strategic partners.
3. Conduct market research to understand client needs and the competitive landscape.
4. Develop and execute strategic sales plans to achieve revenue targets and increase market share in the UK regions.
5. Present and communicate the value proposition of the new product to prospective clients.
6. Negotiate and close deals with potential clients.
7. Provide feedback to the product development team to ensure alignment with market needs.
8. Participate in industry events, conferences, and seminars to network and promote the company's offerings.
9. Prepare regular reports on sales activities and progress toward targets.
10. Segment the market and identify high-potential sectors and companies for targeted outreach.
11. Provide training and support to internal teams and clients regarding product features and benefits.
12. Contribute to business planning by developing accurate sales forecasts.
13. Act as the main point of contact for clients, providing exceptional customer service throughout the sales process and beyond.
14. Deliver tailored presentations and product demonstrations to prospective clients.
15. Stay informed on industry trends, competitive products, and market shifts, sharing insights with the broader team to promote continuous learning.
16. Collaborate with product and marketing teams to create promotional materials, sales collateral, and communication strategies.
17. Ensure the successful closing of deals and seamless onboarding of new clients.

SKILLS AND COMPETENCIES:

1. Strong communication, negotiation, and presentation skills.
2. Ability to build and maintain long-term relationships with clients and key stakeholders.
3. Highly motivated, with the ability to work independently and as part of a team.
4. Proven track record of achieving sales targets and driving business growth in the UK market.
5. Established network within the industry.

QUALIFICATIONS AND CERTIFICATIONS:

1. A business degree in a related field.
2. A minimum of 5 years of experience in a similar role within the insurance industry, specifically handling group life and health or related insurance products.