Business Development Executive

1 week ago

Chicago, Illinois, United States Ryan Specialty Full time $131,600 - $164,500

Position Summary

The Business Development Executive is responsible for developing and implementing effective business development strategies. The role identifies new business opportunities and builds strong relationships with brokers and existing customers. They present reports on business development initiatives, create marketing campaigns, manage budgets, and innovate new products and services.

What will your job entail?

  • Onboard and train new clients, conduct needs analyses, and drive conversion
  • Handle client inquiries regarding rates, funding strategies, and fee structures
  • Develop and execute marketing strategies for existing and prospective clients
  • Build and maintain strong relationships with key client contacts
  • Represent Stetson Funding at client visits, trade shows, and corporate events, ensuring a strong presence at key industry functions
  • Identify and capitalize on opportunities to broaden premium financing solutions, enhancing Stetson's overall value provided to clients.
  • Effectively explain Stetson Funding's structure and our premium financing solutions to clients
  • Recognize premium finance marketplace trends and relay market intelligence to Stetson leadership
  • Foster collaboration with RT Specialty and other Ryan Specialty Companies

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates 

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $131, $164,500.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website  

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at  

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. 

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