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Business Development Manager

  • Denver, CO, United States

$31.25 USD / hour

This opening has closed.

The original listing is kept below for reference.

Job details

Pay
$31.25 USD / hour
Posting language
English
Posted

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Original job description

Archived listing. The details below describe a past opening.

$31.25/hr. + Commission

The insurance industry runs on Vertafore. We equip agencies, MGAs, and carriers with the core digital systems, specialized AI, and data-driven foundation to eliminate distribution drag across the insurance lifecycle, spanning sales, servicing, and back-office operations.

Underpinned by unmatched speed and performance power, we are the trusted backbone that’s taking the insurance industry from friction to flow with Distribution Velocity – speed, performance, and trust - to drive growth at scale.

With over 95% of the top agencies and insurers and 50% of industry compliance transactions running through Vertafore, we lead at the intersection of innovation and trust, giving insurance professionals the confidence to transform and win in the AI era.

Our reach is global, with headquarters in Denver, Colorado, and offices across the U.S., Canada, and India.

BDMs are the first point of contact for the sales team – an important first impression. This position will be tasked both with speaking to accounts we have reason to believe are interested in our services and reaching out to agencies that do not know of us to pique their interest in our software solutions.

The primary responsibility of the position is to drive bookings and recurring revenue growth by generating, qualifying, and developing sales pipelines for strategic segments of Vertafore’s business. The BDM is vital to the success of these segments and must be able to plan and execute daily and weekly required activities to generate sales opportunities for Vertafore.

This role has knowledge of the organization’s products/services and can partner with Vertafore’s Marketing team to execute campaigns, programs, and closed-loop business & sales development activities. The BDM will also work closely with Operations & Sales Management.

Through discussions, the BDM will gather information surrounding agency and carrier challenges such that can narrow in on the correct software match. Additionally, BDMs will work to discover the key players in the buying process as well as when and how they need our assistance. BDM generated leads are routed to all segments and territories to be followed up on and closed by the proper sales representative.

Core Requirements and Responsibilities:

Essential job functions included but are not limited to the following:

• Ability to prospect effectively into high value targets.

• Conduct mapping and discovery on high value targets to uncover key stakeholders.

• Conduct thorough research on potential clients and develop customized emails to prospect high value deals.

• Close collaboration with other sales teams on developing leads, building pipeline and product targets.

• Execute the Vertafore Lead & Opportunity Management process for building sales pipeline of high value targets.

• Collaborate with Marketing & Product teams to execute campaigns that ensure lead quality and quantity with proper closed-loop metric reporting.

• Regularly perform against individual monthly and/or quarterly targets: pipeline, conversion rates, and stage “Zero” Opportunities which may consist of meetings, appointments virtually, demos, or follow-up calls assigned to quota carrying sales reps in Vertafore.

• Collaborate with internal sales operations stakeholders on reporting and analysis.

• Chart and deliver timely and accurate forecasting and pipeline management.

• Ensure CRM tools and Vertafore value-selling methodologies are leveraged to process and track opportunities.

• Other duties as assigned

Knowledge, Skills and Abilities:

• Possess a working understanding of Salesforce.com and other key sales technologies used for Business Development and Opportunity creation.

• Proven track record of achieving goals and/or quotas, or other similar objectives.

• Ability to be a team player and perform in a fast-paced, inside sales-oriented environment

• Confidence to prospect and develop new sales leads

• Excellent verbal, written and interpersonal communication skills

• Comfort with sales technology and CRM tools

• Comfort with sales technology and sales enablement tools (e.g., Salesloft)

• Ability to be a team player and perform in a fast-paced, inside sales-oriented environment.

• Confidence to prospecting and developing new sales leads.

• Excellent verbal, written and interpersonal communication skills.

• Familiarity with MS Excel (analyzing spreadsheets and charts)

Qualifications

• Bachelor’s degree preferred.

• One year of proven work experience as a Business Development Representative, Sales Account Executive, or similar role.

• Proven track record of achieving goals and/or quotas, or other similar objectives.

• Experience with CRM software (e.g. Salesforce)

Additional Requirements and Details:

• Travel required up to 10% of the time.

• Ability to work remote with a stable internet connection on an as needed basis

• Located and working from an office location (when required)

• Occasional lifting and/or moving up to 10 pounds.

• Frequent repetitive hand and arm movements required to operate a computer.

• Specific vision abilities required by this job include close vision (working on a computer, etc.).

• Frequent sitting and/or standing.

Is this role not an exact fit for you? Keep an eye on our Careers Page for other positions!

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.

Is this role not an exact fit for you? Keep an eye on our Careers Page for other positions!

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

We do not accept resumes from agencies, headhunters, or other suppliers who have not signed a formal agreement with us.

Why Vertafore is the place for you: *Canada Only

  • The opportunity to work in a space where modern technology meets a stable and vital industry
  • Medical, vision & dental plans
  • Life, AD&D
  • Short Term and Long Term Disability
  • Pension Plan & Employer Match
  • Maternity, Paternity and Parental Leave
  • Employee and Family Assistance Program (EFAP)
  • Education Assistance
  • Additional programs - Employee Referral and Internal Recognition

Why Vertafore is the place for you: *US Only

  • The opportunity to work in a space where modern technology meets a stable and vital industry
  • We have a Flexible First work environment! Our North America team members use our offices for collaboration, community and team-building, with members asked to sometimes come into an office and/or travel depending on job responsibilities. Other times, our teams work from home or a similar environment.
  • Medical, vision & dental plans
  • PPO & high-deductible options
  • Health Savings Account & Flexible Spending Accounts Options:
  • Health Care FSA
  • Dental & Vision FSA
  • Dependent Care FSA
  • Commuter FSA
  • Life, AD&D (Basic & Supplemental), and Disability
  • 401(k) Retirement Savings Plain & Employer Match
  • Supplemental Plans - Pet insurance, Hospital Indemnity, and Accident Insurance
  • Parental Leave & Adoption Assistance
  • Employee Assistance Program (EAP)
  • Education & Legal Assistance
  • Additional programs - Tuition Reimbursement, Employee Referral, Internal Recognition, and Wellness
  • Commuter Benefits (Denver)

The selected candidate must be legally authorized to work in the United States.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all the job responsibilities, duties, skill, or working conditions. In addition, this document does not create an employment contract, implied or otherwise, other than an "at will" relationship.

Vertafore strongly supports equal employment opportunity for all applicants regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, sexual orientation, genetic information, or any other characteristic protected by state or federal law.

The Professional Services (PS) and Customer Success (CX) bonus plans are a quarterly monetary bonus plan based upon individual and practice performance against specific business metrics. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

The Vertafore Incentive Plan (VIP) is an annual monetary bonus for eligible employees based on both individual and company performance. Eligibility is determined by several factors including: start date, good standing in the company, and actives status at time of payout.

Commission plans are tailored to each sales role but common components include quota, MBO's and ABPMs. Salespeople receive their formal compensation plan within 30 days of hire.

Vertafore is a drug free workplace and conducts preemployment drug and background screenings.

We do not accept resumes from agencies, headhunters or other suppliers who have not signed a formal agreement with us.

We want to make sure our recruiting process is accessible for everyone. if you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact recruiting@vertafore.com

Just a note, this contact information is for accommodation requests only.

More about this job

Skills

  • Sales
  • Research
  • Collaboration
  • Reporting
  • Forecasting
  • Communication skills
  • Cold calling
  • Microsoft Excel
  • Salesforce
  • Team building

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