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Regional Business Development Manager

Company: Arch Capital Group
Location: Jersey City
Posted on: January 15, 2021

Job Description:

The PositionExperienced employee benefits business development professional who is self-motivated, results oriented and has at least five years selling employer based and special risk accident products along with employee group benefits including short-term disability and paid family leave, through producer networks. Qualified person will have established relationships with Northeast US region producers, including with the appropriate practice areas of large national brokers. Candidate will not underwrite but must have a working knowledge of the underwriting process and is expected to work closely with the underwriting staff.Job ResponsibilitiesCollaborate with Marketing and Underwriting in the execution of company---s business development strategy to targeted distribution channels Leverage existing relationships and develop new strategic partnerships Collaborate in terms of products, processes and customer value proposition for new and existing customers Help set strategic framework for the product portfolio by channelHelp ensure that premium, profitability and compliance objectives are achievedMaintain up-to-date competitor informationMonitor and achieve sales results with the objective of achieving high penetration rate across target channelsCandidate must also be comfortable public speaking at events to educate producers and market on products. Produce relevant metric and production reports for managementAttend key local and national industry conferencesDesired Skills/ExperienceBusiness DegreeKnowledge of accident & health, as well as employee benefit programs especially disability and paid family leave Strong background in relationship managementProven capability in managing needs of multiple stakeholders Worked in a regulated insurance businessStrong negotiation and management skillsGood understanding of compliance and regulatory environment in the US (MLR states) The CompanyArch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.Job SummaryJob ID: 2020-3326Business Segment: Insurance of Openings: 1Category: Accident and Health

Keywords: Arch Capital Group, Jersey City , Regional Business Development Manager, Executive , Jersey City, New Jersey

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