Captive Resources, LLC · 13 hours ago
AVP, Business Development Executive
Itasca, Illinois, United States
Full-time
Hybrid
Mid, Senior Level
5+ years expCaptive Resources, LLC is a company focused on business development in the commercial insurance sector, and they are seeking an AVP, Business Development Executive. The role involves executing marketing strategies, developing client relationships, and managing the proposal process for brokers and clients.
Insurance
Responsibilities
Responsible for developing and implementing individual marketing strategy
Manage and increase membership in assigned accounts
Responsible for premium growth through existing renewals and new business development
Call prospective customers, review and assess customer needs, and create a customer relationship
Establish and maintain on-going broker, vendor, and client relationships
Participate in on site visits
Participate in board meetings
Facilitate, create, and conduct PowerPoint presentations
Prepare marketing information for customers
Formulate price estimates and proposals with team members and functional groups using standard models
Establish budgets
Responsible for directing contractual negotiations and assisting/participating in the negotiations as necessary
Responsible for professional looking documentation, including board books, proposals, and submissions
Track and report on the status of all proposals
Communicate back to internal groups the outcome of the negotiations/proposals i.e. clear details, critical timeframes, and expectations
Oversee activities needed to support each assigned captive team
Actively participate in workshops and relationship building within assigned captive through interactions, structured activities, etc
Perform other related duties incidental to the work described herein
Qualification
Required
Bachelor's Degree in Business, Marketing/Sales, or other related discipline
Five to seven (5-7) years of experience in Commercial Insurance business development and underwriting
Experience supporting the development of proposals to brokers/clients
Responsible for developing and implementing individual marketing strategy
Manage and increase membership in assigned accounts
Responsible for premium growth through existing renewals and new business development
Call prospective customers, review and assess customer needs, and create a customer relationship
Establish and maintain on-going broker, vendor, and client relationships
Participate in on site visits
Participate in board meetings
Facilitate, create, and conduct PowerPoint presentations
Prepare marketing information for customers
Formulate price estimates and proposals with team members and functional groups using standard models
Establish budgets
Responsible for directing contractual negotiations and assisting/participating in the negotiations as necessary
Responsible for professional looking documentation, including board books, proposals, and submissions
Track and report on the status of all proposals
Communicate back to internal groups the outcome of the negotiations/proposals i.e. clear details, critical timeframes, and expectations
Oversee activities needed to support each assigned captive team
Actively participate in workshops and relationship building within assigned captive through interactions, structured activities, etc
Perform other related duties incidental to the work described herein
Company
Captive Resources, LLC
For four decades, Captive Resources has provided mid-market companies the ability to become insurance company owners rather than insurance buyers and to lower their total cost of risk.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2012-01-01Private Equity
Leadership Team
Nick J. Hentges
Chief Executive Officer
Recent News
2024-05-21
Company data provided by crunchbase