Business Development Associate

Posted Yesterday
Be an Early Applicant
San Francisco, CA, USA
In-Office
47K-87K Annually
Entry level
Fintech • HR Tech • Insurance • Consulting
The Role
Develops new business leads and sales opportunities in the small business insurance sector. Responsibilities include building lead lists, executing prospecting campaigns, researching prospects and competitors, qualifying leads with Producers, managing Salesforce updates, conducting persistent outreach, tracking pipeline activity, and reporting results to leadership. The role requires strong communication, organization, resilience, self-motivation, attention to detail, and the ability to work independently and collaboratively.
Summary Generated by Built In
Company:

Description:

The Business Development Associate is responsible for developing new business leads to identify new sales opportunities in the small business sector of the Business Insurance department. The primary responsibilities are to lead sales generation activities and manage their daily strategy for establishing new business. The Business Development Associate will also perform market research and analysis that can be utilized for adjusting effective strategies.

Essential Duties & Responsibilities

·         Develop sales lead lists in order to set new business appointments for designated Producers in targeted market sectors.

·         Execute prospect campaigns in each market sector, designed to drive qualified new business leads.

·         Perform research for each lead in preparation for strategy while partnering with the Producers for further qualification and interaction.

·         Prioritize leads and remain abreast of market changing conditions.

·         Update SalesForce and necessary systems regarding appointments, contacts and applicable areas.

·         Leverage multiple forms of communication for persistent outreach to designated lead list.

·         Participate in regular sales meetings to present sales performance against objectives and targets in designated market.

·         Perform research on competitors and their offerings; present information to the proper individuals as required.

·         Track and provide reporting to Leadership detailing call activity, pipeline updates and lead generation results.

·         All other duties as assigned.

 Education and/or Experience

·         College degree required.

·         Active Property & Casualty License in CA preferred.

·         Business development experience and/or telemarketing preferred.

·         Demonstrated ability to resolve problems and present results neatly, with clarity and precision in oral and written form.

·         A confident and determined approach with the capacity to flourish in a competitive environment.

·         Resilience and the ability to cope with rejection.

·         A high degree of self-motivation and drive.

·         The ability to work both independently and as part of a team.

·         Proficiency with personal computers and Microsoft Office applications and the ability to operate standard office equipment is required.

·         Demonstrated ability to develop, plan, and implement short- and long-range goals.

·         Skill in organizing resources and establishing priorities.

·         Must have a strong attention to detail.

·         Must maintain client confidentiality.

·         A valid Drivers License reliable transportation is required.

Work Environment & Physical Demands

·         Extended work hours (10 – 12 hrs/day) may be required due to attendance at and participation in networking and industry functions that begin before the workday, and extend into the evening.

·         Office environment.


#LI-DNI

The applicable base salary range for this role is $46,800 to $87,400.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Skills Required

  • College degree
  • Active Property and Casualty License in California
  • Business development experience or telemarketing experience
  • Ability to resolve problems and present results clearly in oral and written form
  • Confident and determined approach in a competitive environment
  • Resilience and ability to cope with rejection
  • High degree of self-motivation and drive
  • Ability to work independently and as part of a team
  • Proficiency with personal computers and Microsoft Office applications
  • Ability to operate standard office equipment
  • Ability to develop, plan, and implement short- and long-range goals
  • Skill in organizing resources and establishing priorities
  • Strong attention to detail
  • Ability to maintain client confidentiality
  • Valid driver's license and reliable transportation

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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