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, preferably in financial, banking, or insurance sectors.
  • Experience in Trade Credit Insurance is an advantage.
  • Cold-calling and new business acquisition skills required.
  • Demonstrated success in client acquisition and retention.
  • Excellent written and verbal communication skills.
  • Established network within the designated territory.
  • Self-motivated with a collaborative spirit.
  • Possession or ability to obtain a P&C License within 60 days of hire.

Responsibilities

  • Achieve annual revenue targets via consultative sales to both new and existing clients.
  • Develop a business portfolio aligned with strategic growth and retention goals.
  • Create and maintain an active pipeline of qualified prospects through multiple lead generation strategies.
  • Market specialized financial products including domestic and export credit insurance.
  • Manage and service existing clients by monitoring their insurance programs and coverage.
  • Research and propose new business opportunities while analyzing sales options.
  • Participate in workshops for professional and technical skills development.
  • Stay updated on market trends and competitor actions to identify opportunities for product improvement.

Benefits

  • Health insurance, dental, vision coverage.
  • Flexible spending accounts (FSA).
  • Life and disability insurance coverage.
  • Paid vacation, sick days, personal days, floating holidays, and company holidays.
  • Remote work options and flexible scheduling available.
  • Sales training programs and mentorship opportunities for professional growth.
  • Supportive company culture with diverse teams and 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

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