Business Development Manager

2 weeks ago


Oakville, Canada The Travelers Companies, Inc. Full time

**Who Are We?** Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference. **Target Openings** 1 **What Is the Opportunity?** Under general supervision, the Business Development Manager, Sales (BDM) is responsible developing, servicing and growing a sales territory through an outside sales approach that consists of an assignment of targeted brokers. Achieving success will include: optimizing the growth potential; exceeding or meeting year over year growth and profit objectives; utilizing Travelers sales tools within a consultative sales framework, developing competitor intelligence; and collaborating with underwriting team members, and home office and business centers on product, pricing and broker management decisions. **What Will You Do?** - Identify and develop a flow of new customers that fit Travelers’ profile and exceed production goals; develop annual broker flow and production goals. - Provides customer service to brokers / policyholders / internal customers at a level that is consistent with Travelers Canada quality and productivity goals. - Sales Pipeline Development - assist with prequalifying submissions, identifying growth opportunities, portfolio transfers and incentive opportunities. - Understand specific industry characteristics by business segment, including key needs and buy patterns, and use effectively in positioning Travelers’ products, platform and services. - Accountable for building and maintaining effective relationships with customers/brokers within assigned territory. - Demonstrate the ability to build partnerships with other business segments to identify and initiate multiple product solutions at the account level. - Work collaboratively with other business segments to remove roadblocks and administrative obstacles to ensure brokers see Travelers as “easy to do business with". - Completes strategic marketing plans for territory to identify opportunities and potential challenges from which strategies and tactics are developed. - Develops and executes bottom-up Strategic Broker Management Plans with consistent accuracy in meeting company objectives. Development and execution of sales and marketing initiatives to achieve growth and profitability objectives. - Articulates a sales process that matches Travelers Canada features, benefits, and solutions to broker needs and influences brokers to quote and sell Travelers to customers. - Ensures that broker offices are fully trained on products and technology solutions. Establishes rapport and provides a superior sales experience with prospective brokers. - Develop product, underwriting and sales knowledge to counsel and sell available multi-line insurance products. Stays current on all Travelers Canada systems and product/pricing changes. - Strong customer service skills to include problem resolution. - Perform other duties as assigned. - Knowledge of Insurance operations and service levels preferred. - Advanced verbal and written communication skills. - Advanced platform skills. - Advanced ability to build relationships with and effectively influence customers and/or brokers. - Advanced ability to quickly learn and implement new knowledge and skills. - Intermediate ability to use resources and data to make fact-based decision in a timely and efficient manner. - Working knowledge of market / territory, including competitor strengths and weaknesses. - Intermediate knowledge of Microsoft office products. - CIP (or in progress) and other insurance related designations are considered an asset. - A valid driver’s license is required with a satisfactory motor vehicle record. **What is a Must Have?** - Bachelor’s degree or relevant business experience required. - Minimum of 3 years of experience in Insurance sales or Insurance product/broker profile knowledge required. **What Is in It for You?** - ** Health Insurance**: Employees and their eligible family members - including spouses, partners, and children - are eligible for coverage from the first day of employment. - ** Retirement**: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay. - ** Paid Time Off**: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays. - ** Wellness Program**: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program



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