Jobs · Sales · New Jersey

Vice President of Business Development - West

SPG - Specialty Program Group · Berkeley Heights, NJ · 1 mo ago
Sales$180k–$220k/yrFull-time

Key Areas Of Responsibility

  • Represent all Wholesale and DUA companies, products and services to all sizes of 3rd party insurance distributors, in the assigned geography, to drive profitable growth.
  • New Relationships - Sales Strategy & Prospecting: Implement strategic business development initiatives aimed at driving growth within Wholesale and DUA Businesses/Programs.
  • Client Relationship Management: Build and maintain strong relationships with key agency decision-makers of various sizes and geographic locations focusing on large opportunities and controlled books of business.
  • Serve as the primary point of contact for new distribution partners until the relationships have been passed successfully to the program specialist, team leaders or other SPG company representatives.
  • Maximize new distribution opportunities through existing and newly appointed agencies within assigned geographic territories focusing on business target state strategies.
  • Collaboration: Work closely with the Business Leaders of our Wholesale and DUA companies to execute strategy to find new trading relationships focusing primarily on new target states.
  • Performance Tracking: Set and track sales goals, provide regular updates to senior management on business development progress, and implement corrective actions as needed.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Drive New Agency Business Opportunities to our Wholesale Broker Producers through new agency relationship development
  • Responsible for non-HUB overall sales performance within the Program and Wholesale businesses with third-party distribution in assigned geography
  • Travel to 3rd party distribution offices required 15 -20 times per month
  • Driving New Agency Business Opportunities to our DUA Programs and Wholesale businesses through new agency relationship development
  • Accountable to participate in the CSO monthly conference calls with Business Leaders
  • Work in tight collaboration with specialist business developers and wholesale brokers to route new agency opportunities to the appropriate deal teams
  • Kpi Appoint 12 new producing Wholesale Agencies that will generate $200,000 in annual net Revenue.
  • Kpi Appoint 12 new producing DUA Agencies that will generate $200,000 in annual net Revenue.
  • Cross Sell 15 new lines of business into existing SPG relationships that will generate $100,000 in Revenue.
  • Achieve Organic Growth in accordance with each program’s designated growth States.
  • Ags visitations within assigned geographic area with expected travel of 10-15 days a month
  • Corporate Leadership Representative to top 30 Agency List for Property and Casualty Agencies
  • Work with business leaders to deliver profitable growth within their target state strategy defined in their business plan
  • Corporate Leadership Representative to top 30 Agency List for Property and Casualty Agencies.

Work Experience Requirements

  • Minimum of 15 years of industry experience
  • Solid knowledge of Microsoft Office Products
  • Detail-oriented
  • Superior communication, interpersonal, multi-tasking, and organizational skills required
  • Public Speaking and Presentation experience
  • A team player with a great attitude, self-motivation, and the ability to work in a fast-paced environment

Education Requirements

  • College Diploma or University Degree

Licensing Or Certification Requirements

  • Valid P&C License

Compensation & Benefits

  • The expected salary range for this position is $180,000 to $220,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.
  • HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays.
  • In addition, eligible annual bonuses, equity and commissions may be available for some positions.

Department Sales Required Experience

  • More than 15 years of relevant experience

Required Travel

  • Up to 50%

Required Education

  • Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

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