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Business Development Executive, Intellium

FM, Frisco, Texas, United States, 75034

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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.

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 ~50% 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:

Build 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

Advanced degree in business, marketing or engineering

Required Work Experience

3+ years in the insurance industry experience successfully quoting, engineering and/or underwriting power generation accounts

Highly Preferred Work Experience

5+ years in the insurance industry 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.

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