The primary purpose of this position is to grow and enhance agency and partner relationships as well as increase premium production according to the annual growth budget. The Sr. Business Development Specialist role is to ensure Markel becomes more relevant with its agency and partner base by enhancing current relationships and finding new profitable contacts. The Sr. Business Development Specialist will collaborate and use all resources available (i.e. UW, PLL, RPs, Marketing) to create targeted business plans while prioritizing assigned and prospective relationships. This position requires strong communication and presentation skills. Employees in this position are expected to maintain a valid driver's license and acceptable DMV Motor Vehicle Record which will be pulled on an annual basis for verification.
Responsibilities- Build strong relationships within assigned agent and partner base to enhance brand awareness, educate agents on Markel's products, appetite and systems
- Develop working knowledge of all Markel divisions, products, and services, with primary emphasis on small business Work Comp and Specialty packages
- Develop business strategies that will maximize the agents and partners business; leading to increased Markel business. Strategically focus time and efforts to prioritize top relationships with best opportunity for success
- Influence agents to move business to Markel - collaborate with underwriting to solution deal terms needed to win business; make decisions on whether new strategies, additional education, pricing and/or commission changes, incentive plans, or other initiatives should be deployed to enhance growth with an agency
- Understand each partnership's operation completely to find opportunities across multiple product offerings, and engage additional Markel resources where appropriate
- Stay current on product, market, and industry knowledge
- Build strong relationships with underwriting, product and other key stakeholders; support underwriter engagement with agents, and retention of profitable business; communicate market feedback and product line suggestions to keep Markel as relevant as possible in the marketplace
- Engage daily with our current and prospective agent and partner base through in-person and virtual meetings, phone calls, emails, and quote follow-up.
- Assigned special projects, e.g.; marketing and email campaigns, new producer onboarding and ramp-up, etc.
- Abiltiy to effectively mentor and coach others
- High volume of travel expected to agency partnerships
Qualifications - 5+ years of experience in admitted insurance underwriting, insurance business development or sales;
- Flexible to travel up to 50% of the time
- Demonstrated technical knowledge and skills reflective of progression of increasing responsibility;
- Must have excellent oral and written communication skills, and skilled presentation aptitude
- Bachelor's degree preferred
- Technologically savvy; proficient in Excel, Word, PowerPoint, and Outlook;
- Strong analytical, organizational, risk assessment and time management skills
- Must be a team player that enjoys a flexible and spontaneous business environment
US Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the position is $78,000 - $107,250 with 25% incentive.
What9;s in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
- We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
- All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
- We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
Are you ready to play your part? Choose
'Apply Now' to fill out our short application, so that we can find out more about you.
Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
- All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
- All legitimate communications with Markel recruiters will come from Markel.com email addresses.
We would also ask that you please report any job employment scams related to Markel to
[email protected].
No agencies please.
