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Business Development Manager (HNW/UHNW)

Employer
HFG
Location
London, City of London, England
Salary
£60000 - £70000 per annum
Closing date
26 Feb 2025
Reference
BDMH01
View more categoriesView less categories
Sector
General insurance
Contract Type
Permanent
Hours
Full Time

Job Details

Business Development Manager (High Net Worth Clients) - London

Salary: Up to £70,000

We are looking for a dynamic Business Development Manager to drive the growth of our high net worth insurance division. With a focus on expanding the Art & Private Client business (APC), this role involves building strong networks with industry experts, nurturing valuable client relationships, and securing profitable deals.

Brand new role for our client, so someone proactive that can make a plan and drive business would be perfect!

Great opportunities for career advancement are available further into the role.

Key Responsibilities:

  • Driving business growth by expanding operations in the high net worth insurance market.
  • Delivering and exceeding the performance measures required to support the profit and loss account, whilst looking for opportunities to grow the business in line with the group strategy.
  • Leading business development and relationship management with prospective partnerships and clients to support sales growth.
  • Building and maintaining key relationships with prospective and existing industry partners to generate additional leads.
  • Identifying and implementing opportunities to boost profitability and enhance sales strategies tailored to high net worth clients.
  • Supporting plans for business growth by working with Operational Managers to consider forecasting, resourcing, and operational management.
  • Conducting competitor analysis to increase market share in the high net worth insurance sector.
  • Researching and creating networking opportunities to attract new high net worth clients.
  • Representing the company at networking events.
  • Managing a budget to deliver a return on investment.
  • Negotiating and finalising business deals that ensure sustained revenue growth.
  • Supporting managers in maintaining the UK risk and control environment, in line with delivering great outcomes for the business and our customers.

Experience:

  • Deep understanding of high net worth insurance products and services, with the ability to assess the unique needs and risks of high net worth clients.
  • Demonstrable experience in business development within the high net worth insurance industry.
  • Ability to identify profitable business opportunities and potential high net worth clients.
  • Naturally customer-focused, with the ability to drive a culture catered around the customer and continuous improvement.
  • Strong knowledge of regulatory and compliance issues in high net worth insurance.
  • Strong analytical skills that can be used to analyse market trends and competitor behaviour.
  • Excellent communication skills, with the ability to manage and influence a wide variety of stakeholders.
  • Exceptional networking skills to connect with high net worth individuals and industry professionals, with the ability to maintain and build strong client relationships and industry partnerships.
  • Proven ability in negotiating and closing business deals.
  • Exceptional interpersonal and communication skills.

Company

HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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