Business Development Manager
At a glance
Manager-level Business Development role at Chubb. Boston · full-time · $75,000 base.
growthroles summary, based on the employer's posting.
What you'll do
- Build broker and customer relationships, then keep existing accounts active through regular outreach and service
- Find sales openings in service conversations and manage employer re-enrollments while introducing additional products
- Track key customer opportunities and work toward annual growth and productivity goals
- Partner with underwriting to assess, price and propose rates and plans for voluntary workplace coverage
- Coordinate products, enrollment, claims and service around client needs, while tracking daily and weekly work
What you bring
- At least eight years selling through brokers in voluntary or ancillary markets
- A history of annual sales above two million dollars
- Strong understanding of broker market trends and competitor benchmarks
Who this fits
This manager-level sales role suits someone with substantial broker-sales experience who can work independently and manage client relationships. The stated base pay is $75,000, with possible commissions and monthly and quarterly incentives. A college degree is preferred.
From the employer
Chubb Benefits, Workplace Solutions (CWB), is seeking a Business Development Manager to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!
JOB SUMMARY:
The Business Development Manager develops relationships with insurance brokers to deliver to their clients benefit education and communication with the ultimate goal of selling Chubb Workplace Benefits’ supplemental products to that client base.
RESPONSIBILITIES:
Develop and prospect for new broker relationships and customers
Strengthen current relationships through on-going contact and customer service
Meet management productivity standards of $2 million+ GAP annually
Generate opportunities to acquire new business through sales/service opportunities
Effectively manage the day-to-day re-enrollment while adding new products/services to existing employer groups
Guarantee that products/services are competitively positioned in the market
Build relationships with key partnerships locally, regionally and nationally to assist in business development opportunities
Manage pipeline of key customers to meet and exceed growth goals and objectives
Align products, case set-up, underwriting, claims and services to meet clients’ expectations and needs
Effectively manage daily, weekly and monthly goals and tracking responsibilities
Work with underwriting to evaluate, price and propose rate and strategy on small to large market voluntary/worksite business including disability income protection, universal life, accident, hospital indemnity, critical illness and term life
Manage assigned workload to meet internal productivity and time service standards
Resource for multi-line national account underwriters, product development, enrollment, actuarial and distribution counter-parts
SKILLS/EXPERIENCE:
Minimum 8 years of successful brokerage sales in voluntary and/or ancillary markets
Track record of annual sales in excess of $2M
Strong knowledge of brokerage industry trends and competitor benchmarks
Strong personal initiative; ability to work independently
Strong communication, customer service and relationship management ability
Strong organizational ability
Demonstrate the ability to problem solve
Excellent sales and negotiation skills
Solid computer skills
EDUCATION:
College degree preferred
The expected base pay for this role is $75,000. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible for commissions as well as monthly and quarterly incentive bonuses. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.
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