AVP, Business Development Leader-Captive
QBE InsuranceAbout the role
Primary Details
Time Type: Full timeWorker Type: EmployeeThe Opportunity: Lead, develop and implement sales and business development strategies that promote continued growth and profitability of Agora with key producers across respective business unit within the assigned region.
Location: Atlanta, GA; Boston, MA; Marblehead, MA; Plano, TX; Edina, MN; New York City, NY
Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week
The salary range for this role is between $148,000-$278,000.
Your New Role
Drive engagement of assigned national and local producers to ensure profitable growth of Agora, a QBE sponsored medical stop loss group captive
Design and implement medical stop loss sales strategies to drive new business, deliver rate, and meet retention targets
Develop and collaborate with key stakeholders to deliver on the regional business goals with key agents/brokers assigned
Build strategic relationships with key current and potential new agents/brokers by networking and providing engaged consultation to foster business growth and meet underwriting and profitability goals
Achieve agent/broker engagement by educating assigned agents/brokers within the region on Agora, QBE Accident & Health, and QBE while implementing best practice broker-specific marketing strategies. In addition, ensure effective utilization of tools and resources to enhance partnerships
Provide subject matter expertise during client business reviews by collaborating with internal operations teams and ensure services align with client needs and expectations while continuously benefitting the organization
Execute effective account development and customer relationship management initiatives by guiding alignment among organizational, market, product and distribution channel strategies and implementing strategic account engagement and deal management plans to facilitate growth across the organization
Forecast and manage sales activity and pipeline to meet revenue targets and company goals.
Utilize enterprise tools to lead enterprise-wide activities, track and report progress/results
Optimize book of business by utilizing individual credibility to effectively communicate benefits of partnering with the organization and enable strong client retention
Achieve targets for profitable medical stop loss sales volume and strategic objectives with assigned agents/brokers within the assigned region
Monitor market trends and competition, identify and analyze opportunities, capitalize on opportunities for continuous improvement and anticipating and mitigate risks to align with organizational growth objectives
Optimize team operations for the region by partnering with key stakeholders, sharing expertise and providing solutions to department issues to ensure profitable growth and business development aligns with business objectives
Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Contribute to a positive environment by modeling cultural expectations and guiding leaders to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun
Preferred Qualifications
Bachelor's Degree or equivalent combination of education and work experience
Relevant experience
Principles and methods for showing, promoting, and selling products or services
Events affecting the medical stop loss market, including understanding of competition and the marketplace
Broad knowledge of risk management, underwriting, and group health insurance
Broad knowledge of relevant trends and information related to business development and business retention
Preferred Competencies/Skills
Build and capitalize on beneficial internal and external relationships
Develop and manage a sales process
Identify and articulate improvement opportunities and translate them into tangible business deliverables
Collaborate, share knowledge, and engage others
Establish and maintain effective, trusting and respectful relationships
Build and maintain networks and channels of communication inside and outside the organization
Demonstrate vision, ambition, persistence and a passion for success
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