Business Development Manager - EIU

The Economist Group

$115K — $125K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years in enterprise sales or strategic business development with demonstrated growth achievements
  • Proven success in acquiring new business through cold calls
  • Open to diverse industry backgrounds, emphasizing sales skills over niche experience
  • Strong communication, negotiation, and presentation abilities
  • History of consistently surpassing sales targets
  • High accountability, positive mindset, and integrity
  • Effective at simplifying complex products for clients

Responsibilities

  • Acquire new clients in a defined territory including Fortune 100 and 500 companies
  • Utilize discovery skills to pinpoint client challenges and align solutions
  • Manage the entire sales cycle, employing internal support resources as needed
  • Develop a strong sales pipeline through self-initiated cold outreach and marketing follow-ups
  • Generate precise sales forecasts and propose innovative growth strategies
  • Achieve or exceed EIU's designated key performance indicators
  • Enhance product and market knowledge while addressing client needs
  • Collaborate effectively with team members across varying organizational levels

Benefits

  • Competitive pension or 401(k) plan
  • Private health insurance
  • 24/7 access to counselling and wellbeing resources
  • Work From Anywhere program for up to 25 days per year
  • Generous annual and parental leave
  • Dedicated days off for volunteering and relocating
  • Free access to The Economist content and resources
Full Job Description
About the EIU

As the research and analysis division of the Economist Group, The Economist Intelligence Unit (EIU) helps leaders prepare for opportunity, empowering them to act with confidence when making strategic decisions. The EIU is the global standard in providing high quality, actionable intelligence to the public and private sector, assessing issues that impact the businesses in more than two hundred countries.

The Opportunity

We are seeking ambitious sales 'game changers' to help us grow our footprint and client base across the Americas. The Business Development Manager will take a consultative approach to selling our portfolio of macro-economic and political solutions to financial services, corporate, government, professional services and consulting sectors.

Compensation

The expected base salary for this position is between $115,000 - $125,000 base with a total comp of $230,000 - $250,000 with a big opportunity to over achieve. It is not typical for offers to be made at or near the top of the range. Rather, salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered

Key Responsibilities:
  • Sell net new logos to a territory of accounts, which include many Fortune 100 and 500 companies, by closing new business sales and growing existing contracts.
  • Leverage strong discovery skill to identify problems and connecting them to our solutions
  • Be responsible for the full sales cycle and leverage sales support teams and other internal resources as needed.
  • Build and manage a robust pipeline via self prospected cold calling and following up on marketing leads.
  • Prepare accurate sales forecasts, new growth ideas and contingency plans.
  • Meet required KPIs and ensure your activity meets or exceeds EIU's standards and expectations.
  • Continually improve your product and industry knowledge while also understanding client pain points to ensure the best support can be offered to your prospects and colleagues.
  • Contribute fully to the objectives of your team/division and achieve the personal objectives set by your manager.
  • Collaborate with colleagues of all levels proactively, positively and professionally.

Key Skills and Competencies:
  • Significant experience in enterprise sales, strategic business development, or account acquisition, with a proven track record of delivering commercial growth
  • A proven track record of having successfully won new business contracts through cold calling
  • All industries are welcome to apply as we weigh sales skills over industry knowledge
  • Excellent communication, presentation, listening, negotiation and closing skills
  • Successful track record of exceeding sales quotas
  • Accountability, Positivity & Integrity
  • Dynamic self-starter, solution-focused and creative thinker
  • Ability to present complex ideas & products simply
  • Ability to identify client challenges and develop creative solutions in close collaboration with colleagues and clients
  • Strong organizational skills to set priorities and be flexible in a changing, fast-paced, and high-stress environment

#LI-Hybrid

Working Arrangements

The majority of our roles operate on a hybrid working pattern, with 3+ days office attendance required.

AI usage for your application

We are an innovative organisation that encourages the use of technology. We recognise that candidates may utilise AI tools to support with their job application process. However, it is essential that all information you provide truthfully and accurately reflects your own experience, skills, and qualifications.

What we offer

Our benefits package is designed to support your wellbeing, growth, and work-life balance. It includes a highly competitive pension or 401(k) plan, private health insurance, and 24/7 access to counselling and wellbeing resources through our Employee Assistance Program.

We also offer a range of lifestyle benefits, including our Work From Anywhere program, which allows you to work from any location where you have the legal right to do so for up to 25 days per year. In addition, we provide generous annual and parental leave, as well as dedicated days off for volunteering and even for moving home.

You will also be given free access to all The Economist content, including an online subscription, our range of apps, podcasts and more.

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