Business Development Manager

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Job Description - Business Development Manager

RT Specialty, a division of Ryan Specialty is looking for a Business Development Manager to join our team REMOTELY. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by Newsweek, and has been named 2023 Top Insurance Employer by Insurance Business America.

Position Summary:

The Business Development Manager works collaboratively with leadership, underwriting and the marketing team to create new relationships with independent agents and brokers and strengthen the standing relationships with independent agents and brokers. The Business Development Manager will work directly with business development leadership by overseeing and delegating the new business pipeline as well as managing ongoing daily affairs. They will provide support to strengthen current relationships through contact and customer service.

Essential Functions:

  • Ongoing management of the new business pipeline
  • Provide oversight to the business development division
  • Help manage, facilitate, and grow existing broker relationships
  • Maintain knowledge of producers, brokers, and clients’ methods of operations and procedures, which includes demographic, economic, and social characteristics to increase profitable market share
  • Manage the business process between the agents and the underwriters to ensure customer needs are met
  • Ongoing collaboration with underwriting to support new business opportunities
  • Analyze current business development and marketing strategies to identify best practices
  • Implementation of determined best practice strategies
  • Mentor, train, educate and oversee the business development division
  • Participation/facilitation of business development meetings
  • Coordinate opportunities for community engagement to strengthen the organization’s brand mission recognition 
  • Attend conferences and trade shows
  • Serve as a liaison between departments in order to abate missed business opportunities

Education/Experience/Skills:

  • Bachelor’s degree in a related field such as marketing, communications, psychology, human/social services or business is preferred
  • Three years insurance field experience
  • Previous management experience preferred, but not required
  • Excellent people skills 
  • Self-starter, able to manage projects independently 
  • Proficiency in Microsoft Office
  • Mature, professional leadership skills and judgment
  • Superior written and verbal communication skills 
  • Strong organizational skills, work ethic and keen attention to detail
  • Ability to work effectively under tight deadlines and manage workload with minimal supervision
  • Demonstrated ability to think strategically about complex issues and develop resolutions

Disclaimer

Ryan Specialty is an Equal Opportunity Employer.

We are committed to building, growing, and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization and throughout the insurance industry.

We aspire to cultivate a company that is both inclusive and equitable, where every employee is recognized and assessed based on their performance and contributions.

We strive to harness our differences and commonalities to better serve our clients, trading partners, workforce, and communities.

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 wellbeing goals. In addition to our comprehensive benefits package, we encourage a diverse workforce that allows you to manage your wellbeing and work/life balance. We understand that you have a life outside of work. That's why we offer paid time off for vacation, sick and personal days. In addition, we offer paid parental leave and paid company holidays.

 

Ryan Specialty values a diverse workplace where all colleagues feel empowered to be their authentic selves, and we are proud to be an equal-opportunity workplace. Ryan Specialty provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Ryan Specialty is committed to a diverse workforce.

 

The target salary range for this position is $104,000.00 - $150,000.00 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 base 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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