Business Development Officer - Remote, CA

Valley National Bank; California (MO); Remote; USD 62,000 - 106,000; Full time

Job summary

An established industry player is seeking a Business Development Officer to enhance loan volume through relationship building with insurance agents and financial advisors. This full-time role involves working remotely and requires strong analytical and interpersonal skills. You will engage with high-net-worth clients, providing them with valuable insights about the bank's cash value line of credit product. If you're passionate about sales and have a knack for networking, this opportunity offers a dynamic work environment where your contributions will significantly impact the company's growth.

Qualifications

• 3+ years of experience in insurance products/sales required.
• Strong understanding of computer software applications.

Responsibilities

• Acquire loan volume by developing relationships with insurance agents.
• Coordinate with branches to close approved lines of credit.

Skills

Microsoft Word

Microsoft Excel

Analytical Abilities

Communication Skills

Interpersonal Skills

Multi-tasking

Presentation Skills

Administrative Skills

Education

High School Diploma

Bachelor's Degree

Job description

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Business Development Officer

#25-370

Remote, California, United States

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Job Overview

The primary function of the Business Development Officer is to acquire additional outstanding loan volume in the cash value line of credit product by developing existing relationships and acquiring new leads with insurance agents and financial advisors throughout the country.

Expected Work Hours

40

Job Description

Responsibilities include but are not limited to:

• Establish contacts with various insurance agents and financial advisors throughout the Bank's footprint. Work with these individuals to deliver the message of our product through presentations to the insurance agents/agencies.
• Work with Valley's Retail Bank administration to coordinate the generation and closing of credit lines throughout our branch footprint. Provide technical support to the branch network in problem resolution.
• Meet with insurance agents, who act as financial advisors for their clients, to discuss the added value of the Bank's cash surrender value life insurance line product.
• Coordinate and communicate with the Bank's various branches to close the approved lines of credit. Discuss with these branches the borrower's background to develop the possibility of cross selling other products to the respective borrowers.
• Assume additional responsibilities as assigned by management.

Requirements

Required Skills:

• Strong understanding of various computer software applications to include at a minimum Microsoft Word and Excel.
• Strong analytical abilities.
• Ability to work independently with little or no supervision.
• Strong written and verbal communication skills.
• Excellent interpersonal skills/teamwork skills.
• Ability to multi-task (Calling on prospects and following up on calls outstanding/or new prospects).
• High level of interpersonal and social skills needed to interact with high net worth insurance agents, bank customers, and other prospective clients (networking).
• Good administrative skills.
• Excellent level of knowledge of the product.
• Strong presentation skills.

Required Experience:

• High School Diploma and a minimum of 3 years' experience in insurance products/sales.
• Valid Driver's License.
• Bachelor's Degree and a minimum of 3 years' related experience preferred.

Full-time/Part-time

Full-time

FLSA

Exempt

Location(s)

Remote, California, United States

Job Details

Pay Range Pay Range

The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.

The actual pay rate will depend on the person's qualifications and experience.

$62,300.00 - $105,100.00 / year

Pay Transparency

In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.