Business Development Officer - NY

Coface

$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred.
  • Minimum 3 years' experience in B2B sales; experience within financial, banking, or insurance sectors is preferred.
  • Experience with Trade Credit Insurance is highly desirable.
  • Strong cold-calling and new business development skills required.
  • Proven client acquisition and retention track record.
  • Excellent communication skills, both written and verbal.
  • Strong network existing in the designated territory.
  • Proactive, self-motivated, and ability to work well in team settings.
  • Possession of or ability to obtain a P&C License within 60 days post-start date.

Responsibilities

  • Achieve annual revenue objectives through consultative sales to new clients and renewing existing policies.
  • Build a business portfolio aligned with strategic growth and retention goals.
  • Develop and maintain an active pipeline of qualified prospects from various sources including cold calling.
  • Market and sell specialized financial products like credit insurance to corporations in assigned regions.
  • Service new and existing clients by actively monitoring their programs and coverage.
  • Research and recommend new business opportunities while analyzing sales options.
  • Stay current with trends and competitor activity to propose improvements or new product offerings.

Benefits

  • Health insurance, dental, and vision coverage.
  • Flexible spending accounts (FSA), life insurance, and disability coverage.
  • Paid vacation, sick days, personal days, floating holidays, and company holidays.
  • Remote work options and flexible schedules available.
  • Access to sales training programs and mentorship opportunities.
  • Positive work environment with diverse teams and regular team-building activities and social events.
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

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