Insurance Business Development Executive

Lawes Consulting Group; England; On-site; GBP 35,000 - 60,000; Full time

Job summary

Lawes Consulting Group in Worcester seeks a commercially driven Business Development Executive to lead growth in the Professional Indemnity and Financial Lines sector. You will build affinity partnerships, expand distribution, and strengthen broker relationships.

The role requires a proactive, networked professional with a track record in partnerships and new business growth within insurance.

Qualifications

• Strong experience within the Professional Indemnity and/or Financial Lines insurance market.
• 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.

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.
• Collaborate with underwriting, broking and leadership to develop compelling propositions for partners.
• Attend industry events, networking opportunities and client meetings to build market presence.
• Develop a strong understanding of market trends and emerging opportunities in PI and Financial Lines.
• Own the full business development cycle from outreach to negotiation and launch.

Skills

Market knowledge PI/Financial Lines

Relationship building

Negotiation

Proactive/entrepreneurial

Networking

Communication

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.

Interested?

If you have a strong PI/Financial Lines background, commercial drive and a passion for building partnerships, get in touch with me to find out more.

Scott Norton-Ashley

[e-mail]

07441 922905