Business Development Executive

Details of the offer

Company: MarshDescription:Due to our continued growth, we have a number of newly created opportunities available for experienced Business Development professionals to join our Growth (Corporate) team at Marsh, based in Sydney or Melbourne.You will generate new business across Marsh by building strong and effective relationships with prospective customers in the Corporate/mid-market space. This includes developing a full understanding of our service offering, clearly identifying prospect requirements, and effectively demonstrating the advantages of our solutions to meet the client's needs. You will also manage and develop accounts, utilising up-sell and cross-sell products and services to maximise profitability.We will count on you to:Cultivate and qualify prospect relationships including key contacts and financial dataDiligently manage a prospect pipeline, maintain regular communications with all prospects and efficiently move opportunities through the sales funnelFull use of the Marsh Customer Relationship Management (CRM) software to manage sales funnel and provide real-time overview of pipeline and performanceConduct target market and industry research in conjunction with the MMC Resource Centre to identify new prospects and develop industry knowledge to support and drive sales activityReview and update databases to identify target portfolios and identify market opportunitiesIdentify continuous improvement opportunities and new ways to streamline our process and drive growthLeverage marketing channels as well as buying groups and association relationshipsCreate and manage an individual development plan that includes financial goals, specific prospects, and sales strategiesIdentify and prioritise prospects in consultation with the Risk Management & Corporate State Leader and Sales and Industry Practice leadersLead the development and delivery of proposals and presentations to prospects in order to articulate our understanding of specific risk issues and how our solutions and services can address specific issuesNegotiate terms and conditions of engagement with prospects in compliance with the Marsh operating modelComply fully with the Company's Errors and Omissions avoidance procedures, Australian ASFL requirements, and internal policies.What you need to have:Tier 1 FSRA Compliance and ANZIIF Associate membership or willing to obtainRelevant Business Development or Insurance Broking experienceStrong business acumen including a well-rounded knowledge of general business functions including finance, management, and riskExceptional communication, influencing/selling, problem-solving, and negotiation skillsStrong interpersonal skills and organisational skills in prioritizing work, multi-tasking, and consistently meeting deadlines.What makes you stand out:Strong knowledge and application of broking principles, insurance products, and renewalSales mindset and self-motivatedExcellent working relationships with insurers and underwriting partners.Why join our team:We help you be your best through professional development opportunities, interesting work, and supportive leaders.We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.Please apply using the link below; applications will only be considered from candidates who have the appropriate approval to work in Australia. Successful applicants will be required to complete a Criminal & Bankruptcy check prior to commencement of employment.Marsh, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy, and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.Marsh McLennan is committed to creating a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
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