EB Retention Business Development Manager

Posted 9 Days Ago
Be an Early Applicant
Hiring Remotely in United Kingdom
Remote
7+ Years Experience
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
Employee Benefits Retention Business Development Manager role at MetLife focusing on maximizing the value of group life and income protection schemes. Responsibilities include increasing portfolio growth, developing relationships with brokers, managing policy lifecycles, and collaborating with teams to deliver outstanding results.
Summary Generated by Built In

Description and Requirements
Retention Business Development Manager
Job Location: Remote or hybrid (Office location is Brighton)
MetLife culture
(Click here to find out more about what we do)
We are building a purpose-driven and inclusive culture that energizes employees to make a difference. MetLife's diversity of people commitment ensures our employees are empowered, thriving, and feel like they belong. These efforts begin with our purpose - Always with you, building a more confident future. As a purpose-driven company, we are strengthening our resolve to help build a workforce and society that protects all people, values all voices, and creates economic growth and opportunity for all. We believe in possibilities, making progress together starting with our people.
Benefits
We are proud to reward our colleagues with benefits that make a difference to them and their community. Along with an excellent base salary and annual discretionary bonus (plus commission, if you are a sales professional), you will also get the following:

  • Pension plan: MetLife contributes 9% core, with additional matching up to 4%. Your 4% contribution results in a 13% company contribution.
  • Life assurance: 4x salary
  • Annual leave: 25 days, with option to buy or sell up to 5 days
  • Income protection: 60% of salary
  • Private medical insurance
  • Funeral Concierge service
  • Access to wellbeing apps: Help@Hand and YuLife


Role Value Proposition:
As an Employee Benefits Retention Business Development Manager, you'll focus on maximizing the value of our Group Life and Group Income Protection schemes. Reporting to the Deputy National Sales Manager, you'll drive customer retention and portfolio growth, collaborating with various teams to deliver outstanding results.
Key Responsibilities:

  • Increase portfolio growth by 15% through key broker relationships.
  • Develop strong relationships with brokers and end-client decision-makers.
  • Manage policy lifecycles and negotiate rate reviews to drive retention.
  • Identify and address at-risk schemes, working to retain them.
  • Update our CRM system with competitor feedback to support pricing strategies.
  • Manage onboarding and promote value-added services for schemes over £100k.
  • Collaborate with operations to ensure excellent service within agreed timelines.
  • Present Proactive Data Reports for schemes £250k+ to brokers and clients.
  • Implement processes to manage outstanding cash effectively.
  • Share thought leadership and marketing campaigns with brokers and clients.


Essential Business Experience and Technical Skills:
Required:

  • Proven track record in Business Development within a Client and/or Broker environment
  • Excellent communication skills for interacting with internal departments and external stakeholders
  • Experience in providing high-quality customer service to brokers and end clients
  • Expertise in working with Marketing and "Value Add Service" providers to drive client engagement
  • Strong commercial and strategic mindset
  • Expert knowledge and skills relevant to all aspects of the job
  • Attention to detail and ability to work under pressure
  • Ownership and personal responsibility for timely, high-quality work


At MetLife, we're leading the global transformation of an industry we've long defined. United in purpose, diverse in perspective, we're dedicated to making a difference in the lives of our customers.
MetLife will assist in the funding of Professional Fees for employees where it is relevant and aligned to your position within the organisation. MetLife reserve the right to make a judgement on whether the subscription is relevant or not to your role as well as cease the payment at any time. This type of subscription will not incur "benefit in kind" tax.
We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.
We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.
Those with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs. Please send an email to [email protected] Please note, that resumes and other inquiries unrelated to the need for a reasonable accommodation submitted here will not be acknowledged.
Here at MetLife UK we are proud of our interests outside of our core business. To learn more about these please check out https://www.metlife.co.uk/about-us/corporate-social-responsibility/ & https://www.metlife.com/sustainability/MetLife-Foundation/
#LI-WRAPJOB #LI-RP1 #MIM #AllTogetherPossible #MetLifeProud
Benefits We Offer
Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!

What the Team is Saying

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The Company
HQ: New York, NY
43,000 Employees
Hybrid Workplace
Year Founded: 1868

What We Do

Named one of Fortune’s “World’s Most Admired Companies,” MetLife is leading the global transformation of an industry we’ve defined for more than 150 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond.  With operations in more than 40 markets and leading positions across the globe, MetLife’s building a workforce of diverse and empowered voices that all belong.  Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Employees engage in a combination of remote and on-site work.

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