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Strategic Business Development Leader
2 months ago
We are seeking a highly experienced and strategic leader to join Ryan Specialty as Vice President, Business Development. As a key member of our executive leadership team, you will be responsible for driving our global business development initiatives, identifying new opportunities for growth, and developing strategic partnerships to achieve our company's goals.
Key Responsibilities:- Develop and implement business development policies and strategies that propel business and organizational performance
- Lead the development of company-wide business development initiatives based on insights from the latest industry trends and competitive landscape
- Serve as an advisor to the executive leadership team, providing market landscape and competitor strategy insights to inform business decisions
- Develop a comprehensive strategic partnership roadmap to expand business reach through new channels
- Translate strategic vision into impactful financial results, ensuring business development activities contribute to organizational success
- Provide expertise in alternative insurance products and services through continuous improvements, innovation, and adaptation to market changes
- Sponsor and authorize strategic projects that have a direct impact on revenue and profitability
- Lead merger and acquisition activities for the insurance business, overseeing the screening of potential acquisition targets and crafting mutually beneficial partnerships
- Oversee budget and resource allocation for business development initiatives to maximize return on investment
- Represent the company in industry events, corporate events, conferences, and professional gatherings to build the company's presence and establish valuable connections
- Minimum of 15 years of experience in Strategic Business Development, Sales, Commercial with minimum of 7 years of management experience
- Bachelor's degree required, Master's degree preferred; Business Administration, Sales and Insurance preferred
- Prescribed: Minimum requirements for state P&C and/or surplus line licenses
- Preferred: Certified Business Development professional (CBDP), Certified Sales and Marketing Professional (CSMP)
Ryan Specialty is a leading provider of specialty insurance and reinsurance products and services. We are committed to building and sustaining a diverse workforce throughout the organization, and we strive to create an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions.
Benefits:- We offer a comprehensive and best-in-class benefits package that helps our employees achieve their physical, financial, and emotional well-being goals. This includes paid time off for company holidays, vacation, sick and personal days, paid parental leave, mental health services, and more.
The target salary range for this position is $191,475.00 annually. The wage range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits.
