Business Development Manager
At a glance
Manager-level Business Development role at Chubb. Tulsa · full-time · no salary stated · we estimate $94,018–$155,000 across the United States.
Chubb has not published a salary for this role. The figure below is our estimate, not theirs.
growthroles summary, based on the employer's posting.
What you'll do
- Build broker and agent business across your assigned territory, targeting new accounts and agency appointments
- Create a territory sales plan to grow revenue, market share and new business
- Track your pipeline and production goals, including premium growth, profitability and visibility
- Work with underwriting on pricing and proposals for commercial accounts, and keep products competitively positioned
- Manage producer relationships and coordinate with underwriting and local field leaders
What you bring
- At least five years in underwriting or broker and agent sales; commercial-lines business development is preferred
- A college degree or equivalent business experience
- Strong insurance knowledge, including commercial coverages, products, services and liabilities
- Clear communication, negotiation and independent decision-making skills
Who this fits
This role suits someone who can develop commercial insurance business independently while working with underwriting and other teams. The position is based in Tulsa, Oklahoma, and covers an assigned territory.
From the employer
The position will be based within the defined geography, preferably near a Chubb Regional or Branch Office. The role will report to the VP, Regional Business Development, and the Tulsa Branch Manager. Position is based in Tulsa, Oklahoma.
JOB SUMMARY:
- The Business Development Manager (BDM) is responsible for business development in the assigned territory of brokers, agents, and other distribution partners, focused primarily on Chubb’s products and services associated with Small Commercial, Middle Market and Financial Lines business.
- The BDM acts as ambassador for all that Chubb has to offer for a select group of Agents.
- The BDM is responsible for overall agency relationship management including new client acquisition and client management.
- Manages and maintains focus on achieving metrics across KPI's, including Gross Written Premium growth, New Business, profit, new agency appointments, and visibility.
MAJOR DUTIES & RESPONSIBILITIES:
- Successful and documented track record of calling on insurance brokers and agents within a predetermined territory/geography
- Develops tactical sales plan designed to achieve annual objectives. These objectives to include the capture of market share, new agency appointments, & revenue growth
- Generates opportunities to acquire new business through business development activities initiated with assigned brokers & agents
- Builds relationships with key partnerships locally and regionally to assist in business development opportunities
- Demonstrated ability to achieve monthly, quarterly, and annual production goals
- Works closely with commercial underwriting staff and local field operations leadership
- Ensures that products/services are competitively positioned in the market
- Manages pipeline of key customers to meet and exceed growth goals and objectives
- Serves as point of contact and relationship manager for assigned producers
- Effectively manages daily, weekly, and monthly goals and tracking responsibilities
- Works with underwriting to evaluate, price and propose rate and strategy on small to large commercial accounts
- Manages assigned workload to meet internal productivity and timely service standards
- Minimum of 5 years underwriting and/or Broker/Agent sales experience; business development experience in commercial lines preferred.
- College degree or equivalent business experience.
- CPCU or CIC recommended
- Ability to work independently and assimilate learning materials on many different subjects from various sources
- Excellent interpersonal, communications and negotiation skills
- Authoritative knowledge of all Chubb commercial coverages, products, services, and liabilities
- Ability to be self-motivated and a self-starter
- Ability to make independent decisions using Chubb best practices for guidance
- Excellent verbal and written communication skills
- Capable of dealing with highly visible and demanding customers
- Must be able to effectively work in a team and matrix reporting environment
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