
Business Development Executive, Intellium
Factory Mutual Insurance, New York, New York, us, 10261
Job Description:
Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.
Solicit and develop new data center clients for FM
Intellium
, FM’s recently established
data driven
business unit. Build and sustain a healthy pipeline of new business opportunities through effective prospect outreach, funnel management, and disciplined calling activities. Partner closely with the New Business Manager – FM
Intellium
to execute the FM
Intellium
sales strategy, including targeted broker engagement, industry conferences, and
thought leadership
panel participation.
Schedule and Location This position can be based out of any one of the following US office locations: Walnut Creek, CA (San Francisco), Frisco, TX (Dallas), Park Ridge, IL (Chicago), Norwood, MA (Boston),
Reston VA
(
DC
), or
New York, NY
.
Travel throughout the US is
required
~
5
0% annually.
Responsibilities Achieve the annual new business
objective
balancing our dual delivery channels of direct as well as opportunities through our brokered partners
Maintain a healthy pipeline of new business opportunities through effective calling and funnel management activities
Develop and
maintain
a list of opportunities to call and develop hand in hand with
FM
Intellium
and operations management teams
Keep
prospect
information in SRS current,
accurate
and updated as
new information
is developed during the sales process
Achieve the annual call goal including in person calls to prospects at various stages of the sales funnel
All calls will be planned,
executed
and recorded in SRS using the
Sphere
Consultative Selling Framework skillset
Understand the business needs of our prospective clients
Craft and execute a sales journey with internal and external stakeholders leading to a winning proposal at a high success rate
Deliver a client centric proposal that articulates the value of doing business with FM and links their specific needs with the services that FM can deliver
Lead through influence internal work groups to formulate strategies to maximize our hit ratio on new business
Use
Whiteboarding to
identify
what is important to the prospect and how FM
’
s value proposition can deliver on those needs
Develop and deliver internal and external road maps of the
prospect
journey
After CST assignment, lead the team in collaborative development, maintenance, and execution of the situational analysis
Through actively
participating
in meetings, conferences and appearing at industry-related functions
:
B
uild and
maintain
FM’s brand and market
expertise
as a subject matter expert in the renewable and power generation industry as well as relationships with specialty brokers servicing this industry
Keep
apprised
of our competitor’s products and services
Qualifications:
Required
Education Bachelors
Degree
; CPCU,
and/or
ACII experience
Highly Preferred Education A
dvanced degree in business,
marketing
or
engineerin
g
Required Work
Experience 3+ years in the
i
nsurance
i
ndustry experience successfully quoting, engineering and/or underwriting power generation accounts
Highly Preferred Work Experience 5
+ years in the
i
nsurance
i
ndustry experience successfully quoting, engineering and/or underwriting power generation accounts
Required Skills: Excellent interpersonal skills
Knowledge of property forms, HPR engineering,
competitors
and brokers
Demonstrate potential sales ability,
presentation
and negotiation skills
Proficiency
with computers and associated software such as Excel,
PowerPoint
and Word
The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.
Solicit and develop new data center clients for FM
Intellium
, FM’s recently established
data driven
business unit. Build and sustain a healthy pipeline of new business opportunities through effective prospect outreach, funnel management, and disciplined calling activities. Partner closely with the New Business Manager – FM
Intellium
to execute the FM
Intellium
sales strategy, including targeted broker engagement, industry conferences, and
thought leadership
panel participation.
Schedule and Location This position can be based out of any one of the following US office locations: Walnut Creek, CA (San Francisco), Frisco, TX (Dallas), Park Ridge, IL (Chicago), Norwood, MA (Boston),
Reston VA
(
DC
), or
New York, NY
.
Travel throughout the US is
required
~
5
0% annually.
Responsibilities Achieve the annual new business
objective
balancing our dual delivery channels of direct as well as opportunities through our brokered partners
Maintain a healthy pipeline of new business opportunities through effective calling and funnel management activities
Develop and
maintain
a list of opportunities to call and develop hand in hand with
FM
Intellium
and operations management teams
Keep
prospect
information in SRS current,
accurate
and updated as
new information
is developed during the sales process
Achieve the annual call goal including in person calls to prospects at various stages of the sales funnel
All calls will be planned,
executed
and recorded in SRS using the
Sphere
Consultative Selling Framework skillset
Understand the business needs of our prospective clients
Craft and execute a sales journey with internal and external stakeholders leading to a winning proposal at a high success rate
Deliver a client centric proposal that articulates the value of doing business with FM and links their specific needs with the services that FM can deliver
Lead through influence internal work groups to formulate strategies to maximize our hit ratio on new business
Use
Whiteboarding to
identify
what is important to the prospect and how FM
’
s value proposition can deliver on those needs
Develop and deliver internal and external road maps of the
prospect
journey
After CST assignment, lead the team in collaborative development, maintenance, and execution of the situational analysis
Through actively
participating
in meetings, conferences and appearing at industry-related functions
:
B
uild and
maintain
FM’s brand and market
expertise
as a subject matter expert in the renewable and power generation industry as well as relationships with specialty brokers servicing this industry
Keep
apprised
of our competitor’s products and services
Qualifications:
Required
Education Bachelors
Degree
; CPCU,
and/or
ACII experience
Highly Preferred Education A
dvanced degree in business,
marketing
or
engineerin
g
Required Work
Experience 3+ years in the
i
nsurance
i
ndustry experience successfully quoting, engineering and/or underwriting power generation accounts
Highly Preferred Work Experience 5
+ years in the
i
nsurance
i
ndustry experience successfully quoting, engineering and/or underwriting power generation accounts
Required Skills: Excellent interpersonal skills
Knowledge of property forms, HPR engineering,
competitors
and brokers
Demonstrate potential sales ability,
presentation
and negotiation skills
Proficiency
with computers and associated software such as Excel,
PowerPoint
and Word
The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.