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Business Development Specialist
Location
Illinois + 4 moreAll locations: Illinois | North Carolina | Michigan | South Carolina | Tennessee
Posted
116 days ago
Salary
$78.8K - $90K / year
Seniority
Senior
Job Description
Business Development Specialist
Ryan Specialty
• Analyze current customer accounts, establishing cross-sell/account rounding opportunities. • Develop and maintain relationships with key decision-makers on existing accounts to deepen client engagement and identify potential referrals. • Generate new business leads based on lost accounts, industry listings, networking, and referrals. • Maintain accurate records of sales activities, customer interactions, and pipeline opportunities. • Collaborate with marketing and advertising teams to develop and implement effective sales campaigns. • Manage a portfolio of lost accounts-identifying reasons for the loss and developing strategies to win back business. • Stay up to date with industry trends and changes in insurance policies and regulations. • Review in-force policies for current clients, ensuring forms, endorsements, policy changes, billing, and other data are accurate in our agency management system. • Follow up with clients regularly to ensure customer satisfaction and identify opportunities for cross-selling or upselling. • Working with insurance company underwriters to receive timely and accurate quotes. • Preparing renewal presentations + binding/reissuing policies.
Job Requirements
- Bachelor’s degree in Risk Management or Business with 5+ years of experience; or Masters Degree with 3 years related experience.
- Proven capabilities in marketing-related duties with an understanding of multiple rating platforms through national and regional insurance carriers.
- Preference is given to applicants with retail agency experience.
- Excellent communication, presentation, and negotiation skills.
- State P&C and/or surplus line license is required.
- Accredited Advisor in Insurance (AAI), Certified Insurance Counselor (CIC), or Associate in Risk Management (ARM) a plus.
- Microsoft Office
- Content Development
- Outside Sales
- External Communications
- Account Management
- Business Development
- Data Entry
- Insurance Industry Knowledge
Benefits
- Paid time off for company holidays, vacation, sick and personal days
- Paid parental leave
- Mental health services and more
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