
Business Development Specialist
Ryan Specialty
full-time
Posted on:
Location Type: Remote
Location: Illinois • Missouri • United States
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Salary
💰 $78,750 - $90,000 per year
About the role
- Analyze current customer accounts, establishing cross-sell/account rounding opportunities.
- Develop and maintain relationships with key decision-makers on existing accounts to deepen client engagement and identify potential referrals.
- Generate new business leads based on lost accounts, industry listings, networking, and referrals.
- Maintain accurate records of sales activities, customer interactions, and pipeline opportunities.
- Collaborate with marketing and advertising teams to develop and implement effective sales campaigns.
- Manage a portfolio of lost accounts-identifying reasons for the loss and developing strategies to win back business.
- Stay up to date with industry trends and changes in insurance policies and regulations.
- Review in-force policies for current clients, ensuring forms, endorsements, policy changes, billing, and other data are accurate in our agency management system.
- Follow up with clients regularly to ensure customer satisfaction and identify opportunities for cross-selling or upselling.
- Working with insurance company underwriters to receive timely and accurate quotes.
- Preparing renewal presentations + binding/reissuing policies.
Requirements
- Bachelor’s degree in Risk Management or Business with 5+ years of experience; or Masters Degree with 3 years related experience.
- Proven capabilities in marketing-related duties with an understanding of multiple rating platforms through national and regional insurance carriers.
- Preference is given to applicants with retail agency experience.
- Excellent communication, presentation, and negotiation skills.
- State P&C and/or surplus line license is required.
- Accredited Advisor in Insurance (AAI), Certified Insurance Counselor (CIC), or Associate in Risk Management (ARM) a plus.
- Microsoft Office
- Content Development
- Outside Sales
- External Communications
- Account Management
- Business Development
- Data Entry
- Insurance Industry Knowledge
Benefits
- Paid time off for company holidays, vacation, sick and personal days
- Paid parental leave
- Mental health services and more
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
account managementbusiness developmentdata entrycontent developmentsales campaignsinsurance policy reviewnegotiationpresentation preparationpipeline managementcross-selling
Soft Skills
communicationcustomer satisfactionrelationship buildingclient engagementcollaborationproblem-solvingstrategic thinkingnetworkingadaptabilityleadership
Certifications
Bachelor’s degree in Risk ManagementBachelor’s degree in BusinessMasters DegreeState P&C licensesurplus line licenseAccredited Advisor in Insurance (AAI)Certified Insurance Counselor (CIC)Associate in Risk Management (ARM)