Insurance Business Development Manager Jobs

Insurance business development manager jobs are employed by insurance companies to build up business accounts through other agents. Insurance business development manager jobs promote their company's insurance products and key features, and encourage the agents to sell insurance to their customers or employees.  They try to attract new business, sometimes on a very large scale.

An insurance business development manager jobs includes identifying new business opportunities, setting up meetings and preparing sales presentations to potential clients, telling agents about changes to products, setting up call centre support teams, tracking sales performance and profitability of accounts.

An insurance business development manager jobs usually requires office hours, Monday to Friday. Although they generally have an office base, travel to visit clients is a big part of the job. Some cover a regional area. It is possible to work from home or work part time.

Insurance business development manager jobs need to know about insurance products and the industry, have excellent communication skills, good organisational and negotiation skills, honesty and discretion, to be enterprising and show initiative and to enjoy meeting new people.

Most insurance companies, large and small, employ the job of an insurance business development manager. There are job opportunities nationwide, giving insurers access to regional and national brokers. They are also employed by larger brokers to develop business accounts with corporate clients.

There are no formal entry requirements, but employers generally prefer some sales and insurance experience. Many people gain some experience in insurance before managing accounts, often as technicians or in marketing or sales support. Some large insurance companies take on graduates each year on a management programme.

Training for insurance business development manager jobs is mainly on the job, though there may be in-house courses. Trainees also study for insurance qualifications. Mature applicants are welcome, and their previous experience may be useful.

Progress in their career often depends on how well their accounts do. They may move on to become a sales manager or area manager, or into senior management.

Others move into related roles, such as marketing or training.

Insurance business development manager jobs salaries for insurance business develioment manager jobs start from approximately £18,000, rising to £40,000 or more for senior business development managers.