About The RoleQualifications, skills, and all relevant experience needed for this role can be found in the full description below.Team Health Key AccountsWorking Pattern - Remote, full time.Top 3 skills needed for this role: Excellent communication skillsComprehensive experience of broker intermediaryPrivate medical insurance or employee benefits backgroundWhat this role is all about:Imagine stepping into the role of Business Development Manager at Vitality, where you drive growth, build powerful relationships, and shape the future of health insurance. Every day, you collaborate with Specialist Intermediaries, Employee Benefit Consultants, and Tele-Broker firms, working strategically to expand Vitalitys distribution footprint in the intermediated market. You spot new business opportunities across the Consumer and SME Mid-Markets, crafting innovative strategies to enhance the sales of industry-leading insurance products and services to intermediaries and their clients. With a diverse portfolio of Personal Healthcare, Business Healthcare, and cutting-edge solutions for the uninsured workforce through Vitality at Work. You play a pivotal role in making high-quality health coverage more accessible. In this fast-paced, dynamic environment, you thrive on challenges, drive results, and make a lasting impact.Key Actions Consistently meeting or exceeding New Business sales targets and goals, whilst being accountable for portfolio growth and persistencyAccountable for the identification, quoting, on-boarding and finalisation of businessArrange handover of new business whilst ensuring an excellent new business joining experience and customer journeyManage Intermediary Portfolio Growth to ensure lapses are within tolerance and net sales achieve year on year growthIdentify and convert new business opportunities across business segmentsExpanding opportunities to represent Vitality Health via face-to-face interactions, championing it values and actively raising the profile of the companys perceptionBuild and maintain durable and productive business relationships with all allocated Advisers on panel optimising our Adviser sentiment management model and Management Information (MI) to pro-actively drive sales revenue from Advocate and Support brokers. This will be delivered through face-to-face and virtual meetings with every Intermediary firm on a regular basisEffective use of all available MI to manage sales opportunities, ensuring maximum conversion of high-quality business. Monitoring persistency / lapse levels and intervening by assisting in setting remedial performance measures with stakeholders / principalsAttend a series of seminars across the country with a view to educating market intermediaries around the innovation and importance of Vitality to achieve inclusion within the advisers advice modelPromote all Vitality Health products and Employer wellness services to engage their Intermediaries to aid their clients to implement well-being solutions to inspire positive behavioural change to help foster build a healthier and more productive workforce.Take accountability to manage own personal development and ensuring product, process and market knowledge is always accurate and up to date. Sit and attain high pass rate in all product accreditationsPresenting (1:1 or team always based) of technical training and sales messages to their Adviser panelWhat do you need to thrive? Proven oral and written communication and skillsExperience in private medical insuranceExperience and ability to liaise with all levels both externally and internallyWorking knowledge of applications such as Word, Powerpoint and computer literacyYou will have a strong educational backgroundFinancial services backgroundSo, whats in it for you? Bonus Schemes A bonus that regularly rewards you for your performanceA pension of up to 12% We will match your contributions up to 6% of your salaryOur award-winning Vitality health insurance With its own set of rewards and benefitsLife Assurance Four times annual salaryThese are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!If you are successfulin your application and join us at Vitality, this is our promise to you, w e will: Help you to be the healthiest youve ever been.Create an environment that embraces you as you are and enables you to be your best self.Give you flexibility on how, where and when you work.Help you advance your career by playing you to your strengths.Give you a voice to help our business grow and make Vitality a great place to be.Give you the space to try, fail and learn.Provide a healthy balance of challenge and support.Recognise and reward you with a competitive salary and amazing benefits.Be there for you when you need us.Provide opportunities for you to be a force for good in society.We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.About The CompanyWe're really excited to announce that we have recently been awarded "Top 10 Best Places To Work" in The Sunday Times Awards 2024!Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.TPBN1_UKTJ
Job Title
Business Development Manager (North Region)