Business Development Manager

Chubb
Tulsa, OK
On-siteCareer-pivot friendly

Who this role is best for

Strong fit for candidates with commercial insurance experience who can manage agency relationships and drive growth in a matrix reporting environment.

Best fit for

  • Candidates with 5+ years in underwriting or Broker/Agent sales and a focus on commercial lines
    — “Minimum of 5 years underwriting and/or Broker/Agent sales experience”
  • Individuals with a documented history of achieving production goals and managing client pipelines
    — “Demonstrated ability to achieve monthly, quarterly, and annual production goals”
  • Candidates who can act as a liaison between distribution partners and underwriting teams
    — “Works closely with commercial underwriting staff and local field operations leadership”

Things to consider

  • Requires working in a matrix reporting environment with multiple stakeholders
    — “effectively work in a team and matrix reporting environment”
  • Candidates must be able to handle high visibility clients and manage their expectations
    — “Must be able to effectively work in a team and matrix reporting environment”

How to stand out

  • Highlight documented success in capturing market share and growing revenue through agency relationships
    — “Develops tactical sales plan designed to achieve annual objectives”
  • Emphasize experience in managing pipelines and meeting growth targets in commercial insurance
    — “Manages pipeline of key customers to meet and exceed growth goals”
  • Demonstrate authority in commercial insurance products and services through specific examples
    — “Authoritative knowledge of all Chubb commercial coverages, products, services, and liabilities”
  • Showcase independent decision-making and ability to assimilate diverse information
    — “Ability to work independently and assimilate learning materials on many different subjects from various sources”
Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • acquiring new business
  • managing agency relationships
  • achieving production goals
Typical background
insurance salesunderwriting

Skills & requirements

Required

Business DevelopmentSales StrategyUnderwritingRelationship ManagementCommercial Insurance

Preferred

CPCU Or CIC CertificationCommercial Underwriting

Stack & domain

Business DevelopmentUnderwritingCommercial InsuranceSalesProduct PositioningInterpersonal SkillsCommunicationsNegotiationLeadershipTeamworkCPCUCICInsuranceCommercial Lines

About the role

Original posting from Chubb

The position will be based within the defined geography, preferably near a Chubb Regional or Branch Office. The role will report to the VP, Regional Business Development, and the Tulsa Branch Manager.  Position is based in Tulsa, Oklahoma. 

JOB SUMMARY:

The Business Development Manager (BDM) is responsible for business development in the assigned territory of brokers, agents, and other distribution partners, focused primarily on Chubb’s products and services associated with Small Commercial, Middle Market and Financial Lines business.  The BDM acts as ambassador for all that Chubb has to offer for a select group of Agents.The BDM is responsible for overall agency relationship management including new client acquisition and client management. Manages and maintains focus on achieving metrics across KPI's, including Gross Written Premium growth, New Business, profit, new agency appointments, and visibility.MAJOR DUTIES & RESPONSIBILITIES:           

Successful and documented track record of calling on insurance brokers and agents within a predetermined territory/geographyDevelops tactical sales plan designed to achieve annual objectives.  These objectives to include the capture of market share, new agency appointments, & revenue growthGenerates opportunities to acquire new business through business development activities initiated with assigned brokers & agentsBuilds relationships with key partnerships locally and regionally to assist in business development opportunitiesDemonstrated ability to achieve monthly, quarterly, and annual production goalsWorks closely with commercial underwriting staff and local field operations leadershipEnsures that products/services are competitively positioned in the marketManages pipeline of key customers to meet and exceed growth goals and objectivesServes as point of contact and relationship manager for assigned producersEffectively manages daily, weekly, and monthly goals and tracking responsibilitiesWorks with underwriting to evaluate, price and propose rate and strategy on small to large commercial accountsManages assigned workload to meet internal productivity and timely service standards

Minimum of 5 years underwriting and/or Broker/Agent sales experience; business development experience in commercial lines preferred. College degree or equivalent business experience. CPCU or CIC recommended  Ability to work independently and assimilate learning materials on many different subjects from various sourcesExcellent interpersonal, communications and negotiation skillsAuthoritative knowledge of all Chubb commercial coverages, products, services, and liabilitiesAbility to be self-motivated and a self-starterAbility to make independent decisions using Chubb best practices for guidanceExcellent verbal and written communication skillsCapable of dealing with highly visible and demanding customersMust be able to effectively work in a team and matrix reporting environment

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Source: Chubb careers

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