HUB International · 1 day ago
Vice President of Business Development- Central
Chicago, IL
Full-time
Hybrid
Director/Executive
$180K/yr - $200K/yr
15+ years expSpecialty Program Group, a division of HUB International, is seeking a Vice President of Business Development. This role is responsible for managing and executing specialty segment strategies for distribution excellence and building relationships with key agency decision-makers to drive profitable growth.
Financial ServicesInsuranceInsurTechRisk Management
Responsibilities
Represent all Wholesale and DUA companies, products and services to all sizes of 3rd party insurance distributors, in the assigned geography, to drive profitable growth
Implement strategic business development initiatives aimed at driving growth within Wholesale and DUA Businesses/Programs
Build and maintain strong relationships with key agency decision-makers of various sizes and geographic locations focusing on large opportunities and controlled books of business
Serve as the primary point of contact for new distribution partners until the relationships have been passed successfully to the program specialist, team leaders or other SPG company representatives
Maximize new distribution opportunities through existing and newly appointed agencies within assigned geographic territories focusing on business target state strategies
Work closely with the Business Leaders of our Wholesale and DUA companies to execute strategy to find new trading relationships focusing primarily on new target states
Set and track sales goals, provide regular updates to senior management on business development progress, and implement corrective actions as needed
Drive New Agency Business Opportunities to our Wholesale Broker Producers through new agency relationship development
Responsible for non-HUB overall sales performance within the Program and Wholesale businesses with third-party distribution in assigned geography
Travel to 3rd party distribution offices required 15 -20 times per month
Driving New Agency Business Opportunities to our DUA Programs and Wholesale businesses through new agency relationship development
Accountable to participate in the CSO monthly conference calls with Business Leaders
Work in tight collaboration with specialist business developers and wholesale brokers to route new agency opportunities to the appropriate deal teams
Appoint 12 new producing Wholesale Agencies that will generate $200,000 in annual net Revenue
Appoint 12 new producing DUA Agencies that will generate $200,000 in annual net Revenue
Cross Sell 15 new lines of business into existing SPG relationships that will generate $100,000 in Revenue
Assist in Organic Growth in accordance with each program’s designated growth States
Agencies visitations within assigned geographic area with expected travel of 10-15 days a month
Corporate Leadership Representative to top 30 Agency List for Property and Casualty Agencies
Work with business leaders to deliver profitable growth within their target state strategy defined in their business plan
Qualification
Required
Minimum of 15 years of industry experience
Solid knowledge of Microsoft Office Products
Detail-oriented
Superior communication, interpersonal, multi-tasking, and organizational skills required
Public Speaking and Presentation experience
A team player with a great attitude, self-motivation, and the ability to work in a fast-paced environment
College Diploma or University Degree
Valid P&C License
7-10 years of relevant experience
Bachelor's degree (4-year degree)
Up to 50% travel required
Company
HUB International
HUB International is an insurance brokerage company that offers employee benefits, business, and personal insurance products and services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$8.5BKey Investors
Alpha Wave Global,Temasek Holdings,T. Rowe PriceLeonard Green & PartnersAltas Partners
2025-05-12Private Equity· $1.6B
2023-09-15Private Equity
2023-06-22Debt Financing· $6.9B
Leadership Team
Marc Cohen
Chairman of the Board and CEO
Joseph C. Hyde
Chief Financial Officer
Recent News
2026-02-04
Calgary Herald
2026-01-11
Company data provided by crunchbase