Virtus

Managing Director, Business Development Officer (Denver/SLC: CO, UT, ID, AZ, MO, KS & MN)

Remote

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Wealth ManagementIndustries

Requirements

Candidates must possess a Bachelor's degree in business, finance, economics, or a related field, or hold relevant certifications. A minimum of 10 years of experience in Financial Services sales is required, along with a proven track record of achieving business growth and revenue targets. Experience working with the Fidelity WAS referral program is essential, and proficiency with Microsoft Office Suite or related software is necessary. Familiarity with Salesforce and support org functionality is expected, and holding a Series 65 or 66 license, or an FP® or other planning designation, is preferred.

Responsibilities

The Managing Director, Business Development Officer will build strong relationships with Fidelity Financial Consultants, Branch Managers, and Regional Vice Presidents, conducting ongoing new business development activities and providing value-add presentations on KAR's capabilities. This role involves understanding proprietary investment solutions and planning services, delivering a consistent message on KAR's unique value proposition, and staying current with changes in the custodial referral platform. Responsibilities include participating in sponsored events, sourcing, educating, and closing clients referred through the custodial platform, managing the client discovery process, and collaborating with KAR wealth advisors to close new client relationships. The BDO will also provide ongoing communication to FCs regarding referred clients, maintain organized records, and participate in regular training and coaching programs.

Skills

Business Development
Relationship Management
Client Referrals
Wealth Management
Investment Solutions
Sales Presentations
Financial Services
Client Onboarding

Virtus

Insurance brokerage specializing in customized solutions

About Virtus

Virtus Insurance provides tailored insurance solutions for businesses, focusing on the commercial insurance market. The company offers customized strategies for managing property and casualty insurance as well as employee benefits. By employing experienced consultants, Virtus Insurance assesses clients' specific needs and areas of exposure to deliver effective solutions. Unlike many competitors, Virtus emphasizes building strong, long-term relationships with clients, allowing for ongoing support and adaptation of insurance strategies. The Property and Casualty Unit is known for its meticulous risk assessment, while the Employee Benefits Unit focuses on creative, data-driven strategies to enhance employee benefits. The goal of Virtus Insurance is to reduce risk and save money for its clients through personalized service and expertise.

Overland Park, KansasHeadquarters
2013Year Founded
SECONDARY_PRIVATECompany Stage
Consulting, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Hybrid Work Options

Risks

Competition from InsurTech startups may erode Virtus's market share.
Rising interest rates could affect insurance product pricing.
Stricter data privacy regulations may increase compliance costs for Virtus.

Differentiation

Virtus offers highly customized insurance strategies tailored to client needs.
The company focuses on building strong, long-term client relationships.
Virtus employs experienced consultants for precise risk assessment and innovative solutions.

Upsides

Growing demand for cyber insurance presents new expansion opportunities for Virtus.
AI-driven underwriting can enhance Virtus's data-driven consulting services.
Increased focus on mental health benefits aligns with Virtus's employee benefits offerings.

Land your dream remote job 3x faster with AI