Business Development Representative

🔥 2 minutes ago

🇺🇸 United States – Remote

⏰ Full Time

🟢 Junior

🟡 Mid-level

💰 Business Development (BDR)

🚫👨‍🎓 No degree required

👻 Ghost score 13%

What it means: the chance that no one is really hiring for this job.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Vault Insurance

WebsiteLinkedInAll Job Openings

201 - 500 employees

🛡️ Insurance

⚕️ Healthcare Insurance

💸 Finance

💰 Private Equity Round on 2021-03

Insurance • Healthcare Insurance • Finance

Vault Insurance is a provider of high net worth personal insurance, offering customized solutions designed for individuals and families. The company emphasizes reducing risks through data-driven technology to protect assets that are valuable on a personal level, such as cherished moments, family memories, and priceless legacies.

📋 Description

• Proactively reach out to tier 3, 4, and 5 agents to validate the status of submitted new client opportunities • Follow up on outstanding new business and renewal quotes at BDMs' request • Qualify potential quote opportunities from agents • Gather competitive intelligence on lost business and provide feedback • Make proactive phone calls to set appointments for in-person meetings on behalf of BDMs • Research high-potential prospect agencies to identify and appoint new agencies and support growth in targeted areas • Work with Marketing to provide resources to BDMs for agent engagement • Assist BDMs in preparing monthly growth reports • Prepare monthly quoted, declined, and pending agency reports for BDM review and follow-up • Stay informed about industry trends, competitive landscape, and product updates • Schedule and confirm BDM meetings with agents • Support current monoline watercraft policies by identifying opportunities to round accounts • Review quote quality from newly appointed agents • Create monthly touchpoints with the Commercial Lines team to identify crossover opportunities with Personal Lines • Participate in ongoing training and professional development • Improve sales techniques and performance through coaching and feedback • Shadow BDMs on target visits quarterly once established in the role • Align with leadership on PRMA chapter involvement for networking and sales development

🎯 Requirements

• 2-3 years of experience in business development, sales, or agency management within the P&C insurance industry • Experience preferably in the high-net-worth segment • Strong knowledge of personal lines insurance products and distribution channels • Proven ability to build and maintain trusted relationships with independent agents and brokers • Self-starter • Excellent communication, presentation, and negotiation skills • Comfortable working independently in a field-based role with frequent travel • Bachelor's Degree in Business, Marketing, or related field preferred • Must pursue CIPRA designation through PRMA

🏖️ Benefits

• Flexible Spending Accounts & Health Savings Accounts, with company contributions • Company paid comprehensive life & disability insurance plans • 24/7 Telehealth Doctor Access • Virtual wellness screenings • Employee Assistance Programs • Company 401k retirement plan with Day 1 eligibility • 6% company match • 100% immediate vesting • 23 PTO days/year • 11 Paid Holidays • Ongoing training and professional development programs • Coaching and feedback • CIPRA designation through PRMA • Chapter involvement through PRMA for networking and sales development

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