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Business Development Representative

VBA is looking for an experienced business development representative with a strong drive, a passion for sales, and an entrepreneurial mind set to grow VBA within the small, mid-market and national segments. The Business Development Representative will cultivate new broker relationships by effectively presenting the VBA value proposition and managing the sales processes within VBA’s new sales territories. This role is open to candidates in the following states: FL, GA, IL, IN, KY, MI, MO, NC, SC, TN, OH, VA, or WI.

In this position, you will engage in face-to-face prospecting, phone outreach, networking and leveraging referrals to set appointments, identify group needs and close sales. Adopting a consultative sales approach combined with proactive prospecting will empower you to excel and achieve your goals. Integrity, positivity, and organization are imperative for success in this role. Strong communication skills, including listening, writing, and presenting will enable the candidate to connect with clients and colleagues alike. The ideal candidate will be adept at conflict resolution, handling challenges gracefully and finding solutions that satisfy all parties involved. Additionally, the ability to manage multiple tasks efficiently is vital to success in this role, along with a strong customer service focus that prioritizes client satisfaction and ensures every interaction is positive and impactful. 

Essential Functions

  • Manage the full sales cycle: Lead generation to close in assigned territory within group size 10-5,000.
  • Develops new agent, broker, and consultant relationships within the assigned territory.
  • Educates new and existing brokers through proactive in person or virtual meetings, presentations and telephone calls.
  • Establish and conduct appointments with C-level decision makers to present solutions
  • Presents the VBA value proposition to brokers and clients to grow quoting activity.
  • Execute proposal requests with client-focused, consultative solutions.
  • Manage RFP requests internally and externally from initial request through finalist presentations.
  • Execute post-quote and post-RFP follow-up activity to refine plan design and achieve acceptance.
  • Manage the sales process and sales metrics utilizing VBA’s systems including its CRM.
  • Meet established new business objectives in terms of submitted, quoted, and written business.
  • Ability to work remotely and be accountable for daily and monthly metrics for appointments, sales, etc.
  • Respond timely to senior management requests
  • Perform activities and functions of related lower-level personnel as assigned or required

*The above statements describe the general nature and level of work being performed by individuals assigned to this classification. This is not intended to be an exhaustive list of all responsibilities and duties required of this position.

Minimum Qualifications

  • Demonstrated achievement and success developing a sales territory and meeting sales metrics
  • Demonstrated success forming new client/customer relationships through telephone, email and face-to-face outreach
  • Experience owning/managing a territory with extensive knowledge of employee benefits industry and pre-existing broker relationships  
  • Bachelor’s degree in business, healthcare, or related field, or equivalent experience
  • Possesses applicable insurance license(s) or ability to obtain license(s) within 60 days of hire within necessary state(s)
  • 4 + years of outside sales experience in healthcare or employee benefits related field
  • Valid driver’s license with reliable automobile transportation and current auto insurance ($250,000/$500,000 minimum)
  • Ability to travel up to 75% of the time, including overnight travel

Knowledge, Skills and Abilities

  • Strong presentation and communication skills (written and verbal)
  • Competitive independent starter with a strong work ethic, resilience, and comfort with rejection
  • Advanced knowledge of MS Office (Word, Excel and Outlook)
  • High level of industry knowledge in healthcare and ancillary products
  • Comfort working with, and ability to properly utilize CRM tools
  • Ability to handle a large volume of work with conflicting priorities
  • Consultative sales approach; identify unique value-added solutions
  • Strong research and analytical skills
  • Willingness to learn and be coached
  • High attention to details/detailed information
  • Strong relationship building skills with a high degree of integrity, responsiveness and reliability
  • Possess a hunter mentality to qualify and aggressively close new business

Work Environment/Physical Demands (include but are not limited to)

  • Work is performed remotely and may require:
    • Ability to travel up to 75% of the time, including overnight travel
    • Occasionally lifting of up to 50 pounds
    • Frequently operating a vehicle

To perform this job successfully, an individual must be able to perform the essential job functions satisfactorily.  Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions described herein.  Since every duty associated with this position may not be described herein, employees may be required to perform duties not specifically spelled out in the job description, but which may be reasonably considered to be incidental in the performing of their duties just as though they were actually written out in this job description.

  • Health Care Plan (Medical, Dental & Vision)
  • 401k Plan with Employer Match
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off
  • Short Term & Long Term Disability
  • Training & Development Opportunities

Average salary estimate

$65000 / YEARLY (est.)
min
max
$50000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Development Representative, VBA

VBA is on the lookout for a driven and vibrant Business Development Representative to help us elevate our presence in the small to mid-market and national segments. If you have a passion for sales and an entrepreneurial mindset, this could be the perfect role for you! The ideal candidate thrives on building new relationships with brokers and possesses a strong understanding of the sales process. Your day-to-day will involve engaging in face-to-face meetings, phone outreach, and networking to set appointments, uncover group needs, and ultimately close sales. We believe in a consultative sales approach, so you’ll use your listening and communication skills to connect with potential clients and colleagues alike. Integrity, positivity, and organization are key – it’s all about handling challenges gracefully and finding solutions that work for everyone. You’ll be responsible for managing a full sales cycle in your assigned territory, working toward established objectives while utilizing our CRM systems to track your success. Any successful candidate will have experience owning a territory, a solid understanding of employee benefits, and a proven track record of achieving impressive sales metrics. If you’re comfortable with fast-paced environments and eager to build impactful relationships, we want to hear from you! So, whether you're located in FL, GA, IL or any of the other specified states, get ready to embark on an exciting journey with VBA, where your efforts will be recognized and rewarded.

Frequently Asked Questions (FAQs) for Business Development Representative Role at VBA
What are the primary responsibilities of a Business Development Representative at VBA?

As a Business Development Representative at VBA, you'll manage the entire sales cycle within your assigned territory. This includes lead generation, developing new agent and broker relationships, educating clients through calls and meetings, and presenting VBA's value proposition. Your role will also involve conducting appointments with decision-makers and managing RFP requests.

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What qualifications are required to become a Business Development Representative at VBA?

To qualify for the Business Development Representative position at VBA, candidates should have at least 4 years of outside sales experience, preferably in healthcare or employee benefits. A bachelor's degree in business or a related field is also beneficial, and you must possess or be able to obtain the necessary insurance licenses within 60 days of hire.

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How is success measured for a Business Development Representative at VBA?

Success for a Business Development Representative at VBA is measured through established business objectives, focusing on submitted, quoted, and written business metrics. You'll utilize VBA's CRM systems to monitor your progress and ensure that you meet or exceed your sales targets.

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What skills are important for a Business Development Representative at VBA?

Key skills for a Business Development Representative at VBA include strong presentation and communication abilities, both written and verbal. Additionally, a competitive mindset, resilience, and the ability to effectively manage multiple tasks while maintaining a consultative approach are essential for success in this role.

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What does the work environment look like for a Business Development Representative at VBA?

The work environment for a Business Development Representative at VBA is primarily remote, providing flexibility for candidates. However, the role requires traveling up to 75% of the time, including overnight stays, to meet clients and brokers in various states within your assigned territory.

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Common Interview Questions for Business Development Representative
Can you describe your experience managing a sales territory?

When answering this question, share specific examples of how you've successfully developed and maintained relationships within your sales territory. Discuss your approach to lead generation, securing appointments, and closing deals while highlighting measurable outcomes.

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How do you handle rejection in sales?

It’s important to emphasize your resilience and positive attitude when faced with rejection. Share a specific story where you learned from an experience and successfully pivoted your strategy to achieve better results in the future.

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What do you know about VBA and our value proposition?

Do your research on VBA before the interview. Discuss the company's services, mission, and what you believe makes VBA's offering unique in the employee benefits market. Your answer should reflect a strong understanding of what sets VBA apart and how you can contribute to that.

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Describe a challenging sales situation you've faced and how you overcame it.

Use the STAR method (Situation, Task, Action, Result) to describe a specific challenge you faced in sales and how your actions led to a successful outcome. Focus on your analytical skills and consultative approach.

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What strategies do you use to build rapport with clients?

Discuss your approach to relationship-building, such as active listening, understanding client needs, and following up consistently. Give examples of methods you've utilized to create lasting connections in previous roles.

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How do you prioritize your tasks when managing multiple clients?

Explain how you organize your workload, utilizing tools and systems to ensure you stay on track. Provide examples of how you adapt your priorities based on client needs and deadlines. Demonstrating your time management skills will stand out to interviewers.

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Can you give an example of how you've used data to make informed sales decisions?

Refer to any experience you have with using sales data or metrics to guide your sales strategy. Explain how you analyze data trends to identify opportunities for growth and tailor your approach accordingly.

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What is your approach to cold calling potential clients?

Discuss your strategy for cold calling, including your preparation and how you create engaging conversations. Share any successes you've had and how you adapt your approach based on client responses.

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How do you ensure that you meet your sales targets?

Describe your method for setting and tracking realistic sales goals. Mention how you monitor your progress, stay motivated, and adjust your tactics if you're falling short of your targets.

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What motivates you to succeed in sales?

This is a great opportunity to articulate your passion for sales and how it drives your performance. Whether it's personal ambitions, client success stories, or teamwork, be expressive about what fuels your desire to excel in a competitive environment.

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DATE POSTED
December 11, 2024

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