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Business Development Executive
$85k-109k (estimate)
Full Time | Insurance 2 Months Ago
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LAKEVIEW INSURANCE AGENCY LTD. is Hiring a Business Development Executive Near Chicago, IL

Lakeview Insurance is an independent insurance agency offering a comprehensive suite of insurance solutions to protect our clients from the unexpected. We don’t just sell insurance. We work closely with clients to help them make important and informed decisions every day when it comes to protection and their future. We are a family business that treats staff with courtesy, respect, and empowerment. 

The primary role of the Business Development Executive, using a consultative sales method, is to prospect and sell business services to qualified prospects and focus on retaining and growing a client base.

Pay: $30000 - $60000 / year 

BENEFITS

  • Competitive salary commensurate with experience
  • Opportunity for bonus and incentives based on performance
  • Opportunity for growth within the company
  • Major Medical Insurance
  • Short-term and Long-term Disability Insurance
  • Voluntary Life and Dental Insurance
  • PTO
  • Paid Holidays
  • Retirement Savings Account
  • Company events

RESPONSIBILITIES

The BDE is expected to develop and implement an approved sales business plan, based on company sales goals. Meet annual sales goals and activity standards.

  • Actively contact prospects, schedule appointments, make sales presentations, and close on new business accounts
  • Maintain a prospect list in the agency CRM system
  • Prospecting targets will consist of businesses in certain specialties with proposal sizes ranging between $25,000 to $250,000
  • Complete new business documentation for account managers to submit to appropriate markets
  • Work with account managers in marketing insurance
  • Attend sales seminars, company sales meetings, or educational activities needed to improve sales techniques and stay up-to-date on the latest developments in the marketplace
  • Participate in/direct any special projects at management’s request

QUALIFICATIONS

  • 2 years of demonstrated, measurable business to business sales success preferred
  • Prior experience prospecting, qualifying, persuading, and closing the (B2B or B2C) sale of a product or service 
  • Excellent verbal and written communication skills
  • Understanding of prospecting software tools 
  • Familiarity with risk assessment and risk management tools
  • Strong desire to succeed and win
  • Bachelor's Degree or higher level degree is preferred

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$85k-109k (estimate)

POST DATE

04/11/2023

EXPIRATION DATE

06/15/2024

WEBSITE

altinsure.com

HEADQUARTERS

Chicago, IL

SIZE

<25

INDUSTRY

Insurance

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LAKEVIEW INSURANCE AGENCY LTD.
Full Time
$90k-123k (estimate)
2 Months Ago
LAKEVIEW INSURANCE AGENCY LTD.
Full Time
$90k-123k (estimate)
2 Months Ago

The job skills required for Business Development Executive include Business Development, Prospecting, Written Communication, B2B, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Executive. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Executive. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Executive positions, which can be used as a reference in future career path planning. As a Business Development Executive, 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 Executive. You can explore the career advancement for a Business Development Executive below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Executive, 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 Executive for your reference.

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

Quotes from people on Business Development Executive job description and responsibilities

A business development executive plans for promotion campaigns and the supply of quality products.

01/21/2022: Biloxi, MS

A business development executive works closely with sales teams and regional sales managers to keep track of the total sales generated.

02/05/2022: Charlotte, NC

Business development executives are also responsible for evaluating the risks and benefits of potential business partnerships.

03/09/2022: Altoona, PA

The business development executive conducts research regarding leads and business targets.

02/06/2022: Tallahassee, FL

The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

02/18/2022: Norfolk, VA

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 Executive jobs

Consider earning an advanced degree (MBA or master's).

12/31/2021: Tulsa, OK

Must be able to create good presentations.

12/23/2021: Oklahoma City, OK

Must have good negotiation skills.

02/22/2022: Nashville, TN

Use business development skills as a focus for professional development.

02/16/2022: New London, CT

Use the right business development methods.

03/07/2022: Worcester, MA

Step 3: View the best colleges and universities for Business Development Executive.

Butler University
Carroll College
Cooper Union
High Point University
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Providence College
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