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Business Development Manager
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Business Development Manager
Old Street, London
£50,000 - £65,000 base (£120k - £600k OTE)
- Year 1 - Estimated typical earnings - £80k - £120k
- Year 2 - Estimated typical earnings= £160k - £200k
- Year 3 - Estimated typical earnings = £220k - £240k
- Year 4+ - Top performer earned £600k+ last year
We're partnering with a boutique cyber insurance broker. The sector is incredibly underserved and so my client is disrupting the market with a specialist approach to a category that is often treated like a cog in a wider machine.
With huge documented cyber attacks on the likes of M&S, Royal Mail and Jaguar Land Rover, having a Plan B when Plan A fails is on the forefront of the boards of enterprise customers. They need specialist support in building bespoke insurance packages that protect the business' future.
You will learn how to operate in this market from an incredible leadership team who were part of their previous business scaling to a £1.8bn exit.
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More about the role
- Prospecting - 100+ dials a day to potential customers in the beginning, selling in to an immature market with few competitors. Over time this will become a hybrid hunting and farming role.
- Closing deals - Deal sizes £10,000 - £100,000, roughly 2 - 3 month sales cycle. You will receive 20% commission, and 20% on renewal. HUGE.
- Managing accounts - Build trust and save customers money - build relationships to renew business (where you can earn real money as you earn exactly the same on the renewal).
Why would you join?
- Uncapped bonus with no target reset - Forget starting from scratch every year. Build your customer base and earn compound commission that builds every year.
- World class elite training
- Few competitors
- Earning opportunity
- Meritocracy
- Incredible leadership and investors
- Own your financial trajectory
- Great sales floor culture
- Private medical
- Social - People go out on Fridays to unwind together
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Why you wouldn't join?
- You want a 9 - 5 and steady income
- You want to work from home regularly
- You have a fixed mindset and are unable to accept development areas
- You want to win at the expense of your customers
Your background
Sales background or any other type of profession requiring resilience, determination, a child like sense of adventure and can do attitude. Professional/Elite sports person? Yes please. Recruiters, Estate Agents, Brokers, Outbound SDRs, Account Execs please apply Grads welcome to apply but would want to see some proof of hustle before (side hustle / door-to-door) etc
Apply within if you want to master your own destiny and change your material trajectory.
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Jessica, London
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