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Business Development Specialist
$104k-134k (estimate)
Full Time | Insurance 1 Month Ago
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Brown & Brown Insurance is Hiring a Business Development Specialist Near California, CA

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined.

Arrowhead Automotive has an immediate job opening for a Business Development Specialist . We work hard to build a great, team-oriented culture where you love to come to work every day alongside colleagues who ultimately become friends!

A DAY IN THE LIFE AT ARROWHEAD

This position requires commercial property and casualty insurance experience. As a Business Development Specialist , you will not only provide excellent customer service but also generate new business and contribute to marketing and promotional activities.

Business Development Management 50%

You will join forces with the Vice President of Business Development to generate new business opportunities and expand our customer base in the insurance industry.

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.

Current Client Management 50%

You will collaborate with our Customer Service Team to provide outstanding client experience focusing on daily policy management duties on an established book of business, such as :

Review in-force policies for current clients, ensuring forms, endorsements, policy changes, billing, and other data are accurate in our agency management system (Applied).

Follow up with clients regularly to ensure customer satisfaction and identify opportunities for cross-selling or upselling.

Personally manage higher-level changes. Our CSR Team handles most COIs, but if something is mission critical (say a change in location), you may be called upon to process it.

Renewal marketing prep including updating policy information, gathering loss reports, and completing applications / submissions.

Working with insurance company underwriters to receive timely and accurate quotes.

Preparing renewal presentations binding / reissuing policies.

EXPERIENCE WE NEED IN THIS ROLE

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 insurance license is required within the first 90 days of employment.

WHO IS ARROWHEAD?

Arrowhead Automotive is a division of Brown & Brown Insurance, the sixth-largest insurance broker in the U.S. We have been a market leader in providing insurance products and services to automotive industry businesses for over 30 years.

Our specialized approach offers access to business insurance programs via our program administrator, Arrowhead General Insurance Agency, Inc.

and our extensive portfolio of various insurance carriers.

AWESOME COMPENSATION & JOB PERKS

Arrowhead Automotive offers a compensation and benefits package that meets today’s most essential needs and includes :

Target salary of $55k-$65k depending on experience quarterly bonus potential based on new business and retention.

Comprehensive employee benefits package including medical, dental, vision, group term life insurance, short-term / long-term disability, and a flex spending account.

A 401(k) retirement plan an Employee Stock Purchase Plan that allows our employees to purchase Brown & Brown stock at a discounted rate.

Flexible Work Schedule Our team members must have the flexibility to achieve work-life balance by establishing their schedules around our core office hours and utilizing our unique time off benefits.

Target Pay

$55,000.00 USD Annual

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

4 hours ago

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$104k-134k (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

05/26/2024

WEBSITE

bbinsurance.com

HEADQUARTERS

NORTH LITTLE ROCK, AR

SIZE

7,500 - 15,000

FOUNDED

1939

CEO

JIM BROWN

REVENUE

$1B - $3B

INDUSTRY

Insurance

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About Brown & Brown Insurance

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammatesnot e...mployees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work . Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industrys most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO. More
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The following is the career advancement route for Business Development Specialist positions, which can be used as a reference in future career path planning. As a Business Development Specialist, it can be promoted into senior positions as a Business Development Associate IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Specialist. You can explore the career advancement for a Business Development Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Specialist job description and responsibilities

A Business Development Specialist develops new business programs to meet changing customer demands.

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Business Development Specialist work closely with the marketing and sales team to develop sales pitches and techniques to grow revenues and profits for the brand.

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Business Development Specialist are responsible for developing and maintaining relationships with other companies.

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Business Development Specialist also help to manage risk by performing risk analysis and consumer behavioral analysis.

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Business development specialists must develop an annual budget based on new clients, portfolio growth rate, client retention rate and repeat business obtained.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Specialist jobs

Companies usually look for at least two to three years of successful sales experience when hiring business development specialist.

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To become a business development specialist, needs a combination of a formal business education and lead generation experience.

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Experience as a Business Development Specialist or similar.

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Proven work experience as a Business Development Specialist or similar role.

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