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Insurance Carrier Business Dev - Brokers & Agencies - Rockville, MD
Career Insights for Business Development Manager (General)
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What they do
A Business Development Manager identifies new business opportunities and clients for a company, and develops marketing and sales strategies to help grow a company's business. Builds customer relationships and partnerships and negotiates business deals. Works with senior marketing and sales staff to increase sales opportunities.
$132,763 / year median in the U.S.
-0% projected decline
Job Description
Insurance Carrier Business Dev
- Brokers & Agencies
- Rockville, MD
Insurance Carrier Business Dev - Brokers & Agencies
- Rockville, MD Insurance Underwriting Insurance Agency Development Agency Relationship Manager Territory Manager Production Underwriter Marketing Underwriter Multi-line Commercial Insurance Commercial P&C Property & Casualty Middle Markets Mid-Market _ .
REMOTE WORK FROM HOME
Manage agency base to grow commercial property and casualty product lines, including renewing existing accounts, adding new business, maintaining current agency relationships, and cultivating profitable new agency relationships.
- Drive new business production to achieve submission, quote, and premium objectives.
- Prospect new accounts with agents and insureds to achieve specific production objectives.
- Work with external agency base to renew book of in-force business with a high retention ratio.
- Liaise between internal underwriters and external agents to qualify sales situations, communicate expectations, deliver sales quotes, and bind business.
- Handle agency review and analysis by establishing and communicating expectations, measuring actual results versus expectations, and taking corrective actions as necessary.
- Create and develop new marketing ideas and materials to increase sales and educate others about company products.
Company committed to workforce development offers continuing education assistance and product training. Complete benefits package includes paid vacation and holiday time, excellent health plan, 401K retirement plan.
Benefits
- Paid Time Off (PTO)
- 401(k) Plans
- Professional Development
- Other Retirement and Savings