Business Development Officer - Midwest

Coface

$80K — $120K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred
  • 3+ years B2B sales experience, preferably in financial services
  • Experience with Trade Credit Insurance is a plus
  • Demonstrated cold-calling and prospecting capabilities
  • Proven success in both acquiring and retaining clients
  • Strong verbal and written communication skills
  • Established network in target territory
  • Self-motivated with collaborative team skills
  • Ability to obtain P&C License within 60 days of starting

Responsibilities

  • Achieve annual revenue targets through consultative sales
  • Develop a business portfolio aligning with strategic growth goals
  • Generate leads via banks, insurance agencies, and cold calling
  • Market specialized credit products to assigned corporations
  • Service and monitor client programs and coverage
  • Identify new business opportunities through research and analysis
  • Engage in professional workshops to enhance skills
  • Stay informed on market trends and competitor offerings

Benefits

  • Health, dental, vision insurance
  • Flexible spending account (FSA)
  • Life insurance and disability coverage
  • Paid vacation, sick days, and personal time off
  • Floating holidays and company holidays
  • Remote work options and flexible scheduling
  • Sales training and mentorship programs
  • Positive and diverse company culture with team-building activities
Full Job Description
Job Description

We are seeking a highly motivated, corporate Business Development Officer to hunt for and close new business, as well as retain and grow key clients. This is an exciting time to join our organization due to a new long-term growth strategy within the North American region. You will be expected to perform the following:
  • Achieves annual revenue objectives through consultative sales to new clients and renewal of existing policies.
  • Builds a portfolio of business that will align with Coface strategic growth and retention goals.
  • Builds an active pipeline of qualified prospects, generating leads from banks and insurance agencies, and from direct cold calling to business owners and CFO's.
  • Markets and sells a specialized financial product (domestic and export credit insurance and other credit related services) to corporations within assigned regions.
  • Services new and existing clients by monitoring their programs and coverage.
  • Researches and recommend prospects for new business opportunities as well as researching and analyzing sales options.
  • Attends workshops to learn more technical and professional skills for the job.
  • Stays current with trends and competitors to identify improvements or recommend new products.


Qualifications
  • Bachelor's Degree preferred.
  • Minimum 3 years' proven experience selling B2B; financial, banking or insurance solutions a plus.
  • Trade Credit Insurance a plus.
  • Cold-calling and new business skills required. Someone accustomed to working in a very fast paced environment with a high volume of activity.
  • Proven track record in client acquisition, as well as retention.
  • Strong communication skill, both written and verbal.
  • Robust network in designated territory.
  • Ability to take initiative and be self-motivated, as well as work collaboratively in a team environment when needed.
  • Have a P&C License or ability to pass P&C course and licensing 60 days post start date.


Additional Information

WHAT WE OFFER
  • Compensation: Competitive base salary + commissions
    • Base ranges dependent on experience: $80,000.00 - $120,000.00
  • Benefits: Health insurance, dental, vision, FSA, life insurance, disability coverage
  • Time Off: Paid vacation, sick days, personal days, floating holiday, company holidays
  • Work Flexibility: Remote work options, flexible schedules
  • Professional Development: Sales Training programs, mentorship opportunities
  • Company Culture: Positive work environment, diverse teams, team building activities, social events


Locations in the Midwest include: IL, OH, MI.

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