Business Development Representative
Key Responsibilities
What you’ll be doing:
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Maintain existing broker relationships and seek opportunities to expand the broker network
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Monitor portfolio performance, including retention rates, loss ratio and growth metrics
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Assist in the development, execution and reporting of business plans
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Provide guidance to brokers and their staff on the use of MSI tools including portals, marketing collateral to support growth of our programs
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Provide regular monitoring reports.
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Initiate actions to address any gaps to your business development plan.
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Stay informed on product markets, and provide information and recommendations about competitive conditions in each market
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Ordering and arranging delivery of promotional materials
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Development of tools, guides and other resources for our broker partners. This includes hosting presentations/training sessions, both virtual and in person.
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Represent Modern Specialty Insurance team at a variety of industry trade shows and broker conventions coordinating with the President for these events
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Accountable for gathering and reporting market intelligence
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Address concerns and/or issues related to brokers quickly and effectively working closely with the business line(s)
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Must be willing to travel (post COVID)
Qualifications
What you bring to the table:
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1-3 years of P/C Insurance industry related experience
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Strong Multimedia marketing experience
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2-3 years in Business Development or working closely with the broker network
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Basic knowledge of brokerage network and insurance products/services
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Sales and decision-making skills
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Strong communication and customer service skills
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A team player with a positive attitude to achieve excellent service delivery
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Must be results-oriented, and take initiative
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Planning and organization skills with the demonstrated ability to be flexible
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Outstanding people skills, building trusted relationships for the long term
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Strong communication skills both verbal and written
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Ability to effectively handle multiple priorities and meet deadlines in a fast paced environment
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Strong attention to detail and excellent follow up skills
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Proficiency in Microsoft Excel, PowerPoint, Outlook and Word
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College or University Degree or a C.I.P. is preferable
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