Business Development Consultant
1 month ago
Job Title: Business Development Consultant
About the Role:
We are seeking a highly skilled Business Development Consultant to join our team at People Corporation. As a Business Development Consultant, you will play a key role in growing our portfolio of National Enterprise clients in the small to mid-sized market space.
Key Responsibilities:
- Lead and manage the overall relationship of a block of clients, providing strategic consulting advice, service delivery, financial management, plan design, pricing strategies, and analyzing trends.
- Develop and implement strategies and activities to support client satisfaction and retention.
- Maintain long-term relationships with clients, including key decision makers and administrators, and ensure relationship continuity when faced with organizational changes.
- Manage client expectations and effectively deal with concerns or issues in a highly responsive manner.
- Identify client group insurance risks and recommend appropriate plan design and cost mitigation strategies.
- Develop annual client plans to ensure clients receive value-added service and that the work being produced aligns with client goals and objectives.
- Initiate new business development through cold calling, lead generation, and networking.
- Build and execute strategic yearly business plans to achieve/exceed targets.
- Accountable for revenue/profitability for client accounts and projects.
- Identify creative opportunities for growth within client blocks through multi-product selling and providing enhanced value through unique solution generation.
- Active participation in prospecting for and securing new clients from leads generated through competitive bid sites, targeted proactive networking, and referrals.
- Manage clients from expected growth from sales teams.
- Participate in continuing education to maintain a high level of knowledge of employee benefit legislation, administrative issues, plan rules, claim management, and client-specific procedures.
- Participate in industry conferences, seminars, etc., in order to promote services and keep abreast of industry trends and activities.
- Represent People Corporation in the market and be a successful brand ambassador.
- Maintain an expert knowledge of the complete line of People Corporation products and services.
- Foster and develop positive supplier relations to enable strong partnerships for clients.
- Provide coaching and mentorship to technical/analyst and service teams.
- Build and maintain strong relationships with colleagues, shared services, practice areas, etc., across the organization.
Requirements:
- Minimum 2-5 years' progressive experience in group benefits in a client-facing or consulting capacity providing strategic and innovative solutions to clients' complex benefits challenges.
- Valid and current LLQP (or willingness to obtain).
- Deep expertise and understanding of the group benefits industry, including funding arrangements and flex programs.
- Superior analytical and mathematical skills, strategic planning, communication, and listening skills.
- Excellent organizational skills and the ability to multi-task and prioritize in a fast-paced environment.
- A positive attitude and strong team player who works well with internal and external stakeholders.
- A solution and results-oriented individual who demonstrates excellent problem-solving skills.
- Ability to meet deadlines and provide deliverables as identified in a timely manner.
- Proficiency and comfort working with multi-channel technology.
- Completion of or the ability to complete the Life License Qualification Program (within 90 days of joining).
- Availability to travel on an as needed basis.
- Valid Driver's License and Vehicle.
- Group Benefits Associate (GBA) or CEBS designation or currently working towards it.
What We Offer:
- Learn and share by working alongside our experts in a collaborative team environment.
- Extended health care and dental benefits.
- A retirement savings plan with company contributions.
- A suite of Health & Wellness offerings.
- Mental Health programs and support for you and your family.
- Assistance for the completion of industry designations.
- Competitive compensation.
- Support in professional development opportunities.
About People Corporation:
We are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members, and stakeholders.
We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
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