Business Development Executive - Insurance

Lawes Consulting Group; Worcester; On-site; GBP 38,000 - 65,000; Full time

Benefits offered by this job

Bonus/commission

Benefits

Job summary

Lawes Consulting Group is seeking a driven Business Development Executive to grow our PI and Financial Lines footprint from our Worcester base. You will build and manage a pipeline, form affinity and strategic partnerships, and collaborate with brokers, wholesalers and internal teams to create compelling value propositions.

You will leverage an established network within the insurance market, attend events and client meetings, and drive growth through new routes to market while delivering

Qualifications

• Experience in Professional Indemnity and/or Financial Lines insurance.
• Background in broking or wholesale broking is desirable.
• Proven track record in business development, partnership generation or growth.
• Experience developing affinity schemes, partnerships or alternative distribution channels.
• Established network of contacts within the insurance market.
• Excellent relationship-building, communication and negotiation skills.
• Proactive and entrepreneurial approach with ability to convert opportunities to commercial results.

Responsibilities

• Drive new business growth across the PI and Financial Lines market.
• Identify, approach and secure new affinity and strategic partnerships.
• Build strong relationships with insurance brokers, wholesalers, introducers and other distribution partners.
• Develop new routes to market and identify opportunities for profitable growth.
• Generate and manage a strong pipeline of prospective partnerships and opportunities.
• Work with underwriting, broking and leadership to develop compelling propositions for partners.
• Attend industry events and client meetings to build market presence.
• Develop understanding of market trends, competitor activity and opportunities in PI and Financial Lines.
• Own the full business development cycle from initial approach to launching partnerships.
• Deliver against growth, revenue and partnership targets.

Skills

PI/Financial Lines

Business development

Relationship building

Negotiation

Networking

Market knowledge

Industry events

Job description

Business Development Executive – PI & Financial Lines

Location: Worcester

Salary: Competitive basic salary + bonus/commission + benefits

The Opportunity

We are looking for an ambitious and commercially driven Business Development Executive to join a growing insurance business with a specialist focus on Professional Indemnity and Financial Lines.

This is an exciting opportunity for someone with strong market knowledge and a proven ability to build relationships, identify opportunities and generate new business partnerships. The successful individual will play a key role in expanding the company's distribution network, developing Affinity partnerships and creating new routes to market.

Key Responsibilities

• Drive new business growth across the PI and Financial Lines market.
• Identify, approach and secure new Affinity and strategic partnerships.
• Build strong relationships with insurance brokers, wholesalers, introducers and other key distribution partners.
• Develop new routes to market and identify opportunities for profitable growth.
• Generate and manage a strong pipeline of prospective partnerships and business opportunities.
• Work closely with internal underwriting, broking and leadership teams to develop compelling propositions for prospective partners.
• Attend industry events, networking opportunities and client meetings to build market presence.
• Develop a strong understanding of market trends, competitor activity and emerging opportunities within PI and Financial Lines.
• Take ownership of the full business development cycle, from initial approach through to negotiating and launching new partnerships.
• Deliver against agreed growth, revenue and partnership targets.

About You

We are keen to speak with individuals who have:

• Strong experience within the Professional Indemnity and/or Financial Lines insurance market.
• A background in broking or wholesale broking is highly desirable.
• Proven experience in business development, partnership generation or new business growth.
• Experience developing Affinity schemes, partnerships or alternative distribution channels would be a significant advantage.
• An established network of contacts within the insurance market.
• Excellent relationship-building, communication and negotiation skills.
• A proactive and entrepreneurial approach, with the ability to identify opportunities and turn them into commercial results.
• A genuine appetite for growing a specialist insurance proposition.

What's on Offer

This is a fantastic opportunity to take ownership of a high-growth business development role within a specialist area of the insurance market. You will have the opportunity to shape new partnerships, develop routes to market and make a genuine impact on the future growth of the business.

Scott Norton-Ashley

[e-mail]

07441 922905