VP Business Development and Marketing

1 week ago


Whippany, New Jersey, United States Risk Placement Services, Inc. Full time $100,000 - $150,000 per year

Introduction
At Risk Placement Services, we're more than just a team - we thrive on collaboration, creativity, and tackling challenges head-on. Our culture fosters an environment where every idea counts, and every individual's contribution matters. Step into a world of excitement and innovation as we work with top-rated carriers to design robust coverage for our clients. Unleash your potential and join our spirited team, where you'll have the freedom to explore and the support to grow.

We believe that every candidate brings something special to the table, including you So, even if you feel that you're close but not an exact match, we encourage you to apply.

Overview
In this role, you'll be responsible for identifying new retail insurance partners and fostering existing relationships. Key responsibilities include networking and relationship-building, developing and implementing sales strategies, providing expert product knowledge, analyzing submissions, and tracking progress. The role requires strong communication, negotiation, and analytical skills, along with relevant insurance licensure and a deep understanding of market trends and competitive landscapes. This role will drive business for our Golf Program. Knowledge of the sport or previous experience with this vertical is a plus.

How You'll Make An Impact

  • Prospecting and Relationship Building: Actively network with and build strong relationships with independent retail agents, brokers, and carriers to identify and develop new business opportunities. [
  • Strategy Development: Develop and execute innovative sales and engagement strategies to meet or exceed production and premium growth targets. [
  • Product and Market Expertise: Maintain a deep understanding of specific insurance product lines, market trends, and underwriting guidelines to provide expert solutions to partners.]
  • Submission Analysis and Qualification: Pre-qualify submissions from retail agents, analyze and rate client risk, and determine if the submission fits within our existing Golf Program.
  • Market Monitoring: Proactively stay informed about industry, market, and competitor activities to identify new opportunities and vulnerabilities.
  • CRM Management: Maintain accurate records of sales activities, client interactions, and pipeline opportunities in a CRM system
  • Collaboration: Work closely with leadership, underwriting, and other internal teams to support business development initiatives and achieve company goals.

About You

  • Education and Licensing: Bachelor's degree and 5-7 years related experience required. Appropriate insurance licensing required.
  • Insurance Knowledge: Extensive knowledge of insurance coverages, products, and market trends is essential.
  • Licensure: Must hold or be willing to obtain relevant property & casualty (P&C) and other appropriate business licenses or certifications.
  • Communication and Interpersonal Skills: Excellent communication, networking, and interpersonal abilities are crucial for building strong relationships with clients and partners.
  • Sales and Analytical Skills: Strong sales acumen, problem-solving skills, and the ability to analyze market trends and data to identify new opportunities are vital.
  • Tech Savvy: Proficiency with underwriting software and other data analysis tools are typically required.
  • Travel: The role will involve travel to visit clients and partners.

Compensation And Benefits
We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the
minimum core benefits
you'll get, depending on your job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax-advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programs
  • Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

We value inclusion and diversity
Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as "protected characteristics") by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.



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