Vice President of Business Development
Chicago area, IL
This Commercial Insurance Opportunity will be a “player/coach” type of role for someone who can build the national territory and grow the team by doing the work as an individual contributor. You will be building the existing relationships and developing new relationships for this risk retention group.
This will also include writing new business and reaching targeted premium growth objectives.
RESPONSIBILITIES and DUTIES:
You will be managing 500+ company prospect lists, reaching out to prospects or their agent to inquire about their upcoming renewal, researching appropriate companies to add to the prospect list, determining how best to approach prospective members.
You will attend trade shows, webinars, etc., forming relationships with new agency partners to further expand our network.
You will be the liaison between the insurance company and our network of geographically distributed agents.
You will be prospecting for new insureds who fit our narrow market focus.
Your Leadership will be guiding and managing the application/quoting process for new and existing customers.
Developing marketing initiatives that would appeal to new prospects and new agents alike would be part of this role.
Overseeing and expanding our value-added services to existing members would be part of this role.
You will supervise one account manager who helps oversee the submission/underwriting/quoting process.
Some travel (<10%) will be needed as the industry returns to normal policies.
College Degree preferred along with insurance designation CIC.
You will have 10 to 15 years of Commercial Insurance Experience in Sales or Marketing.
You will be a high-energy individual with a proven record of sales success.
You will value the opportunity to participate in high-level decision-making and have significant influence over new products and market development.
You are a creative problem solver who isn't content to settle for "We've always done it this way."
Enjoys forging new relationships and networking.
Can be self-directed and thrive in a small office environment.