Business Development Manager

Posted 24 Days Ago
Be an Early Applicant
2 Locations
In-Office
Mid level
Fintech • Financial Services
The Role
As a Business Development Manager, engage institutional clients, manage the claims process, drive new revenue, and maintain client relations.
Summary Generated by Built In

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

We are seeking a driven and relationship-focused Business Development Manager to help grow our class action claims servicing business. In this role, you will engage institutional clients with potential claims in major class action settlements, guiding them through end-to-end claim preparation, filing, and ongoing management services. You’ll own the full sales cycle—from prospecting to long-term client partnership—while contributing insights that help shape future market strategy and marketing initiatives.
This is an opportunity to combine consultative selling, data-driven outreach, and client relationship management in a specialized and growing area of financial services.
HYBRID role based at our Norfolk, VA Headquarters (3 days onsite / 2 days remote).

What We’re Looking For

  • Bachelor’s degree in Marketing or a related field
  • 3–5 years of experience in business development, sales, or client relationship management
  • Experience working with or selling to Fortune 500 companies
  • Strong organizational, communication, time-management, and interpersonal skills
  • High attention to detail with intermediate to advanced proficiency in Microsoft Office, particularly Excel
  • Familiarity with statistics and data modeling is a plus
  • Ability to adapt quickly, shift priorities, and execute effectively in a fast-paced environment

What You’ll Do

  • Generate new revenue by building strong relationships with Fortune 500 companies and top-tier institutional clients
  • Identify and develop new business opportunities through high-volume, targeted outbound outreach and effective use of CRM tools
  • Present and position services by clearly articulating features, benefits, pricing, and value propositions
  • Prepare contracts, proposals, and client reports with accuracy and attention to detail
  • Upsell services and manage ongoing client relationships with sensitivity and professionalism
  • Track all sales activity, pipeline progress, and client interactions in the CRM system
  • Provide feedback and recommendations to improve CRM functionality and sales processes
  • Maintain current knowledge of active and emerging class action settlements and share insights to support marketing and media strategy

    All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.

    To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status.

    Top Skills

    Crm Tools
    MS Office
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    The Company
    HQ: Norfolk, VA
    1,720 Employees
    Year Founded: 1996

    What We Do

    As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients.

    Our employees around the world play a key role in shaping our identity. By doing things the right way for the right reasons, treating others with fairness and respect, and valuing diversity and inclusion, our employees will sustain us into the future. Our company culture is the foundation for everything we do.

    Since our founding, we have been focused on making a difference. We make it a priority to strengthen the communities where we work and live. Our employees support the mission in both time and money. To enhance that generosity, we match their contributions and we honor their civic spirit with paid time off to participate in Volunteer Days.

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