Business Development Manager - Colorado Territory

Frontline Insurance Managers, Inc.

$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in business development or sales, preferably in the insurance industry.
  • Strong communication skills for presentations to varied audience sizes.
  • Proficient in Salesforce, Power BI, and advanced Excel.
  • A valid driver's license and clean driving record are mandatory.
  • Ability to analyze data and report market trends effectively.

Responsibilities

  • Market Frontline Insurance products to independent agencies in Colorado.
  • Meet or exceed revenue goals within the assigned territory.
  • Leverage existing relationships with agency personnel to drive growth.
  • Provide training on Frontline Insurance products and procedures.
  • Log agency interactions using Salesforce and manage reports for production goals.
  • Collaborate with Territory Underwriters to identify service issues.
  • Analyze market trends to ensure competitive edge and recommend improvements.

Benefits

  • Company vehicle provided for travel.
  • Comprehensive health benefits including medical, dental, and vision insurance.
  • 401k retirement plan with a generous matching contribution.
  • Four weeks of paid time off (PTO) per year.
  • Pet insurance available for your furry family members.
Full Job Description
Business Development Manager - Colorado Territory

Job Description

Our Business Development Manager - Colorado Territory enjoys robust benefits:
  • Company Vehicle!
  • Health & Wellness: Company-sponsored Medical, Dental, Vision, Life, and Disability Insurance (Short-Term and Long-Term).
  • Financial Security: 401k Retirement Plan with a generous match.
  • Work-Life Balance: Four weeks of PTO and Pet Insurance for your furry family members.


What you can expect as a Business Development Manager - Colorado Territory:

  • Markets Frontline Insurance products to independent agencies within the assigned territory and generates increased premium and policy growth by selling carrier benefits to the agents.
  • Meets or exceeds revenue and profitability goals in assigned territory.
  • Focuses on leveraging existing field relationships with agency personnel.
  • Acts as a subject matter expert by providing in-depth training on Frontline Insurance philosophy, products, and procedures.
  • Through the use of Salesforce, log and record all agency meetings and interactions.
  • Create and manage reports to report production goals and other projects as needed.
  • Works with Territory Underwriters as necessary to analyze and identify service issues and product gaps that impact growth and customer satisfaction.
  • Demonstrate market awareness by knowing key competitors, their products, their strengths and weaknesses, and regulatory issues that may impact production.
  • Participate in networking events, sales conferences, and trade shows that will help to drive business in the defined territory.
  • Maintain a broad understanding of the agency marketplace. Provide an analysis of this understanding monthly to VP of Business Development with recommendations for changes to increase or maintain production goals depending on monthly results.
  • Analyzing and identifying trends by county/territory that need improvement to be proactive in implementing changes.


  • Must possess the ability and experience to be pro-active in working to correct issues immediately where results are negative.
  • Document why negative results cannot be corrected and develop an alternative plan.
  • Track production on a regular basis and quickly identify underperformers.
  • Manage rehabilitation plans for underperformers and/or identify legitimate production hurdles.


What we are looking for as a Business Development Manager- Colorado Territory:
  • Ability to build relationships with key decision makers as well as producers, CSRs and support staff within each agency.
  • Strong verbal and written communication skills including the ability to present in both small and large group settings.
  • Proficient in excel, Salesforce, Power BI and all other computer programs used by sales.
  • Maintain professional and technical knowledge by attending educational workshops and being able to report and teach sales staff and apply the knowledge as it applies to the Business Development job position.
  • Review professional publications and report on any new professional practices that can be implemented to improve processes and manage the results of those processes (through spreadsheets, etc).
  • A valid driver's license and clean driving record is required.
  • 80% travel by vehicle required with some overnight stays.


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