Foundation Risk Partners

Managing Director, Business Development - Connected Captive Solutions

United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Risk Management, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree in business, such as Marketing, Risk Management, or a related field, and demonstrate a proven track record of successfully generating new business and achieving sales targets within the captive insurance industry. Excellent negotiation, presentation, and communication skills, both verbal and written, are required, along with the ability to work independently and thrive in a fast-paced environment.

Responsibilities

The Managing Director-Business Development Captive Insurance will develop and manage business development channels through brokers, business associations, and strategic partners to identify and engage potential clients seeking alternative risk solutions. They will design and implement strategic initiatives to achieve aggressive growth targets, cultivate and maintain strong relationships with clients and stakeholders, identify and qualify leads, collaborate with internal teams, partner with other business development team members, represent the company at industry events, and prepare and present proposals to prospective clients.

Skills

Business Development
Broker Relationships
Strategic Planning
Client Relationship Management
Lead Qualification
Proposal Presentation
Negotiation
Communication
Industry Networking

Foundation Risk Partners

Insurance brokerage and consulting services

About Foundation Risk Partners

Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.

Key Metrics

Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation

Risks

Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.

Differentiation

Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.

Upsides

AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.

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