Senior Business Development Manager at Simply Business

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Highly skilled in complex commercial and contractual negotiations, with a track record of achieving results
Skilled networker with deep connections within the UK insurance industry and strong product knowledge
Strategic and analytical, capable of using data and insurance metrics to drive insights and inform actions
Creative and solution-oriented, ready to bring new ideas to the table to support pipeline building
Assertive and confident, able to remain calm under pressure while working with stakeholders at all levels
Self-reliant and motivated, consistently delivering against objectives even during periods of uncertainty

Responsibilities

Lead sales, business development, and relationship management activities with a defined panel of prospective and existing insurers
Negotiate commercial terms and contracts to onboard new partners, ensuring the best financial results for Simply Business
Drive placement strategy for all business lines, ensuring the best arrangements for customers, insurers, and the business
Horizon scan for competitor activity and future trends to inform our strategic direction and internal thinking
Act as the business owner for tenders and book transfers, delivering initiatives that unlock capacity
Collaborate with internal stakeholders to resolve day-to-day issues and support the best outcomes for the business

Skills

Business Development

Relationship Management

Commercial Negotiations

Contract Negotiations

Sales

Insurance Industry Knowledge

Strategic Planning

Data Analysis

Insurance Metrics

Tenders

Book Transfers

Networking

Simply Business

Provides tailored business insurance online

About Simply Business

Simply Business provides business insurance specifically designed for small businesses and landlords in the UK. Their offerings include various types of insurance such as public liability, professional indemnity, employers' liability, and specialized coverages like tool and van insurance. Clients can easily obtain quotes and purchase policies through their online platform, which allows for quick adjustments to coverage as business needs evolve. Unlike many traditional insurance providers, Simply Business focuses on the unique requirements of small enterprises, making the insurance process straightforward and flexible. Their goal is to be a reliable partner for small business owners, helping them protect their operations with tailored insurance solutions.

London, United KingdomHeadquarters

2000Year Founded

ACQUISITIONCompany Stage

Fintech, Financial ServicesIndustries

501-1,000Employees

Benefits

Hybrid Work Options

Mental Health Support

Flexible Parental Leave

Paid Sabbatical

Life Event Leave

Professional Development Budget

Competitive Salary

Performance Bonus

401(k) Company Match

Private Medical Insurance

Health Cash Plan

Paid Vacation

Life Assurance

Flexible Benefits Scheme

Remote Work Options

Risks

Increased competition from new insurtech startups could erode market share.

New UK CEO may lead to strategic shifts misaligned with market demands.

Acquisition by Travelers may affect Simply Business's operational autonomy.

Differentiation

Simply Business offers tailored insurance for small businesses and landlords in the UK.

Their digital-first platform simplifies the insurance buying process for clients.

Partnerships with insurers expand their range of customizable insurance products.

Upsides

Growing demand for digital insurance solutions benefits Simply Business's online platform.

Partnership with Coterie Insurance expands BOP coverage nationwide.

Focus on mental health support enhances customer loyalty and brand reputation.

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