Director, Business Development, Group

The Economical Insurance Group - Toronto, ON (30+ days ago)

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LOVE WHAT YOU DO

Work is a big part of our lives, so it makes sense to choose a company that offers truly rewarding work. At Economical Insurance®, your contributions, creativity, and energy won’t go to waste. Our passionate culture and pioneering mentality infuse everything we do, which is why our one-million-plus policyholders know we’ll protect their homes, businesses, farms, cars, and pets like they’re our own.

We’re not afraid to see how far we can push the envelope to make insurance better. Our family of companies includes Sonnet, the only Canadian home and auto insurer offering a fully online buying experience, and Petline, the largest Canadian pet insurance company. We’re also preparing to become a publicly traded company, a once-in-a-lifetime career opportunity for everyone who joins our team.

If you’re looking for a company that takes care of its people — and its customers — and has a track record of doing big things, get ready to love it here.

What can you expect in this role?

Reporting to the VP Group Insurance, you will be responsible of contributing to and leading the execution of Sonnet’s group sales strategy. The incumbent will be the primary contact representing Sonnet's innovative new group insurance offer. Fosters a strong culture of collaboration between internal business partners (Marketing, Group Operations, Legal, Communications, Pricing, Underwriting) to ensure alignment in a fast pace business expected to drive significant YOY profitable growth. Using your experience, you will build and maintain key relationships with existing, new and potential customers.

Group Sales:
Achieve yearly targets by securing new opportunities, leading RFP responses, representing Sonnet at events and tradeshows while driving opportunities through the sales funnel.
Collaborate with legal, marketing and the leadership team to negotiate and secure contracts which will allow Sonnet to achieve maximum awareness and program growth and profitability.
Achieve goals by adhering to departmental procedures while also documenting sales cycle progress in the departmental CRM
Develop and communicate goals, priorities, results, and performance levels across the region / market.
Maintain strong customer satisfaction scores for the team to drive results
Transfer new customer relationships to relationship managers for future revenue generation and to support customer retention efforts.

Sales Strategy:
Contribute to overall planning and target identification.
Develop, implement and review regional/vertical, short-term (3 -6 months) and long-term (1-2 year) rolling sales strategies and tactical plans to identify profitable business prospects
Coordinate B2B Digital marketing. Collect competitive insights, identifying key events and tradeshows and tactics which will contribute to greater awareness of Sonnet's new group capability
Break down strategic problems, and analyze data and information to provide insights and recommendations

New Group Launches:
Collaborate with Marketing, Relationship manager, Digital Experience and Communications to meet program launch delivery dates with maximum impact

What do you bring to the role?

University degree in any discipline, or College diploma in a relevant discipline
10 years of experience in a strategic B2B sales role within insurance or financial services, with a proven track record of success
Priority will be given to individuals with deep industry relationships that can be leveraged nationally.
Exceptional customer service, verbal and written communication and presentation skills
Cross Functional Leadership: Very strong ability to influence and effectively negotiate with internal and external stakeholders.
Strong management and leadership skills with the ability to build and maintain effective relationships with internal and external business partners
Proven ability to be self-motivated and entrepreneurial.
Influences and negotiates to achieve business objectives
Strong strategic thinking, analysis, organizational and planning skills
Demonstrates creativity and innovation skills
Knowledge of risk management principals and the factors that contribute to risk.
Ability to mitigate risk by evaluating the potential impact of problems, solutions and options.

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Go ahead and expect a lot — you deserve it.

We offer:
Competitive salaries, with potential for an annual raise and bonus
Pension and savings programs, with company matched RRSP contributions
Generous time away, including vacation and personal needs days
Paid volunteer days and company matching on charitable donations
Educational resources, tuition assistance, and paid time off to study for exams
Two annual wellness campaigns — participants earn up to $300 each year to spend on almost anything supporting health and work-life balance (think things like spa days, daycare, pet grooming)
An unlimited employee referral bonus program
Flexible work schedule
Discounts on products and services

HOW TO APPLY

To complete the online application process, you’ll need to upload your resume and cover letter in one document. The posting will close at midnight on the deadline date; in order to successfully apply, please ensure your application is submitted by 11:59 p.m. the day before the deadline.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: hrsharedservices@economical.com.

Visit economical.com to learn more about us and what we’re up to.