Jobs · Business Development · New Jersey

Business Development Manager - International Bond & Marine - (Remote)

Intact Insurance Specialty Solutions · Morristown, NJ · 1 wk ago
Business Development$118k–$156k/yrFull-time

About the role

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups.

Opportunity

We currently have an opportunity for a Business Development Manager to join our International Bond and Marine team based remote nationwide. The Business Development Manager is responsible for generating and developing new business within the property and builders risk lines of business.

Responsibilities

  • Maximizes opportunities for profitable new business and retention by leveraging business relationships, product knowledge and underwriting acumen.
  • Maximizes profitability of territory through superior agency/brokerage management, development, and planning.
  • Led rigorous agency/brokerage review process, establishes strong business partnerships with Intact underwriters, claims and loss control staff.
  • Strengthens the distribution system through agency/brokerage prospecting, activates new appointments and revitalizes existing agencies consistent with territorial strategy.
  • Terminates agency/brokerage contracts when warranted.
  • Anticipates the needs of the broker, analyzes trends, and implements proactive strategies that best position Intact.
  • Communicates the underwriting appetite and generates qualified business opportunities for underwriters.
  • Develops a highly disciplined approach to gathering territorial data and a high quality territorial profile.
  • Demonstrates expertise of underwriting guidelines and maintains a broad knowledge of Intact’s operations and products.

Requirements

  • Bachelor’s degree required or equivalent work experience.
  • 7-10 years of experience in the insurance industry and/or business development with some of these years in the insurance industry.
  • Preference for property or builders risk experience.
  • Independent agencies/ brokerage or business development within the Insurance industry experience desirable, CPCU preferred.

Qualifications

  • Comprehensive medical, dental and vision insurance with no waiting period.
  • Competitive paid time off programs.
  • 401(k) savings and annual contributions of up to 12% of annual salary.
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits.

Benefits

  • Comprehensive medical, dental and vision insurance with no waiting period.
  • Competitive paid time off programs.
  • 401(k) savings and annual contributions of up to 12% of annual salary.
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits.

Pay

The typical base salary range for this position is: $118,000 - $156,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Washington DC; our Massachusetts based offices and the New York City metro area, the base salary range is $137,000 - $161,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits.

Schedule

This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.

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