Business Development Manager

NBT Bank; Village of Williamsville (NY); On-site; USD 55,000 - 60,000; Full time

Job summary

A leading bank is looking for a Business Development Manager specializing in insurance sales. You will enhance agency revenue through establishing relationships and acquiring new clients, while collaborating with insurance partners. Ideal candidates possess strong sales skills and at least five years of experience in the field, ensuring excellent client service and satisfaction.

Benefits

Generous Paid Time Off: At least 22 days annually.

Six weeks of paid parental leave.

Comprehensive medical coverage with employer contributions.

401(k) retirement plan with employer matching.

Employee Assistance Program (EAP) for support.

Qualifications

• Bachelor's Degree or equivalent work experience.
• Minimum five years of sales experience preferred.
• Valid NYS Property and Casualty license or attainment within 90 days.

Responsibilities

• Conduct sales activities to meet or exceed revenue targets.
• Meet with banking partners to foster relationships and identify opportunities.
• Support Premier Client group customers by identifying coverage risks.

Skills

Sales Skills

Communication Skills

Business Development Knowledge

Customer Relationship Management

Microsoft Office Proficiency

Problem Solving

Education

Bachelor's Degree

Job description

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This job includes a base rate plus commissions. Total Potential Annual Earnings: $55,500 - $60,000

Meet established sales goals to increase agency revenue through organic growth of personaland property & casualty insurance within assigned region. Perform activities and functions that acquire new customers and cross-selling additional traditional auto, home and small business property & casualty insurance products and/or services to existing customers. Establish and maintain effective relationships with banking and insurance partners; collaborate to identify opportunities beneficial to all. Establish and maintain successful relationships with Premier Client Group customers.

Education and Experience:

• Bachelor's Degree or equivalent work experience
• Minimum Five (5) years of sales experience preferred or equivalent education and experience
• Two (2) years of experience in the Personal Lines and Small Commercial Property & Casualty Insurance industry preferred
  
  

Skills and Abilities:

• Understanding/knowledge of business development in a retail environment; ability to identify new leads and distribution methods; ability to perform effectively in a sales environment and understand sales demands and responsibilities
• Possess exemplary verbal and listening skills and demonstrate a high level of professionalism; ability to effectively interact with diverse individuals
• Ability to meet or exceed sales goals; must possess sharp sales skills, follow-through, and ability to close sales
• Effective collaboration abilities to build and foster positive relationships at all levels within the agency, with banking partners, carrier representatives, and customers
• Proficient in Microsoft Office technology knowledge and skills
• Ability to gain a strong knowledge of core carriers' products and services; ability to perform needs assessment to identify customers' risks and exposures
• Ability to effectively multitask and problem solve; ability to organize and prioritize work, have attention to detail and focus on quality
  
  

Unique Job Characteristics and Requirements:

Valid NYS Property and Casualty license or attainment of license within 90 days of hireValid driver's licenseExtensive travel required

Tasks Performed:

• 30% Conduct sales activities aligned with our marketing strategy that meets or exceeds agency revenue targets. Collaborate with support staff to ensure documentation is complete and to allow for efficient quoting and coverage placement with carriers.
• 25% Regularly meet with banking partners to foster positive relationships and for identifying insurance and banking opportunities. Facilitate improvements that enhance the banking partner's experience. Collaborate with Account and Sales Executives to identify cross-sell opportunities with their customers and to gain introductions.
• 25% Support Premier Client group customers by identifying coverage risks and solutions and by serving as their advocate. Collaborate with personnel involved in providing general servicing to ensure customer expectations are met or exceeded.
• 15% Participate in regularly-held meetings with insurance carrier representatives to foster strong relationships, to identify our performance standings, and to learn of new carrier initiatives and/or products.
• 5% Other duties as assigned.
  
  

Physical Requirements:

• Communicate effectively with internal and/or external customers
• Stationary 50% of time
• Move about within or between locations
• Bend, Twist, Crouch, Squat
• Move Objects to Maximum 10 lbs
  
  

Benefits for Full-Time Employees:

• Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
• Parental Leave: Six weeks of paid leave at 100% of your salary.
• Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Dental and Vision Coverage: Ensuring your overall health and well-being.
• Flexible Spending Accounts: For healthcare and dependent care expenses.
• Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
• Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
• Voluntary Benefits: Including hospital, accident, and critical illness coverage.
• Retirement Plans:Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
• Adoption Assistance: Supporting your growing family.
• Tuition Reimbursement: Invest in your education and career growth.
• Employee Assistance Program (EAP): Access to support and resources.
• Financial and Banking Services: Various benefits and financial planning assistance.
  
  

Benefits for Part-Time Employees Working 20+ Hours/Week:

• Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Generous Parental Leave: Six weeks of paid leave at 100% of your salary.
  
  

Benefits for All Part-Time Employees:

• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future
• Paid Sick and Safe Leave: For your health and safety.
• Employee Assistance Program (EAP): Access to support and resources.
• Financial and Banking Services: Various benefits and financial planning assistance.
  
  

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor assume sponsorship of an employment Visa at this time.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Banking

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