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Business Development Manager - Insurance
$118k-156k (estimate)
Full Time 2 Months Ago
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Public Storage is Hiring a Business Development Manager - Insurance Near Plano, TX

Company DescriptionSince opening our first self-storage facility in 1972, Public Storage has grown to become the largest owner and operator of self-storage facilities in the world. With thousands of locations across the U.S. and Europe, and more than 170 million net rentable square feet of real estate, we're also one of the largest landlords.We've been recognized as A Great Place to Work by the Great Place to Work Institute. And, our employees have also voted us as having Best Career Growth, ranked us in the Top 5% for Work Culture, and in the Top 10% for Diversity and Inclusion.We're a member of the S&P 500 and FT Global 500. Our common and preferred stocks trade on the New York Stock Exchange.Workplace One of our values pillars is to work as OneTeam and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.Job DescriptionPublic Storage is expanding the Risk and Insurance Management platform and is seeking a hands-on, highly driven Business Development Manager with sales experience and an entrepreneurial attitude to help drive insurance management growth. Reporting to the Senior Vice President, Risk Management the Insurance Business Development Director will drive business growth in Tenant Insurance through new business to independent third-party property owners; this includes identifying new business opportunities, building relationships, presenting insurance documents and pro forma financials, negotiating agreements, and closing business deals. The individual will be responsible for maintaining a strong relationship with prospects and clients across the country throughout the sales cycle. ResponsibilitiesGenerate business development opportunities and develop an action plan to execute.Effective lead generation (clients) and credentials pitch, followed by outreach through meetings, calls, communication, referrals, and follow-up, to maintain and build an active pipeline.Design and implement effective marketing strategies and sales plan to sell insurance contracts and drive business growth.Developing and maintaining profitable relationships with Self Storage clients throughout the country and growing the book of business through new client sales. Foster and maintain excellent relationships with clients and prospects throughout the sales process through regular follow-up, accurate and timely responses, and general account support.Establish and revise contracts, reports to include required changes, and additions.Inspecting properties to ensure owner standards are being met evaluating maintenance, grounds, and administrative operations.Monitor, review, and report on key metrics to ensure sales targets are achieved, and execute sales activity documentation in a timely, accurate, and professional manner.Support onboarding process with team with routine involvement to maintain strong client relationships.Contract negotiation with third party owners.Retain continuous awareness of transactions, sales and terms, and keep records in Salesforce.Gain and share understanding of prospect's organization, processes, business strategies, services available. Develop market intelligence and analysis on selected targets and competitors.Adhere to all relevant regulations surrounding insurance and compliance or other industry standards.QualificationsBachelor’s degree in related field preferredMinimum of three years commercial lines insurance account management experience Valid state Property and Casualty LicensesMinimum of 5 years direct experience in business development and salesHave a proven track record of business-to-business sales success.Exceptional presentation, persuasion, and negotiation skills with the ability to close sales.Experience in developing and presenting business proposals and negotiating contracts.Excellent analytical, decision-making, project management, planning and organizational skills.Demonstrate strong knowledge of insurance products and usages, rating procedures, underwriting procedures, coverages, and industry operations to effectively secure new business.Be people-oriented, customer-focused, and professionally assertive in developing new client relationships and working with the team servicing existing clients.Outstanding organizational skills with an ability to complete difficult assignments without supervision, sound business judgment, strong decision-making and superior written and verbal communication skills Thorough and keen attention to detail.Have excellent time management skills, thrive in a team environment and be technology and computer proficient including working in MS Office and SalesforceGoal oriented with the ability to meet the monthly sales targets.Additional Information#REITJobs

Job Summary

JOB TYPE

Full Time

SALARY

$118k-156k (estimate)

POST DATE

02/21/2024

EXPIRATION DATE

04/05/2024

WEBSITE

publicstorage.com

HEADQUARTERS

WILLOWBROOK, IL

SIZE

3,000 - 7,500

FOUNDED

1972

TYPE

Public

CEO

CYNTHIA PARSONS

REVENUE

$1B - $3B

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About Public Storage

PS Business Parks is a real estate investment trust.

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