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Business Development Consultant - Irish Insurance Market image - Rise Careers
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Business Development Consultant - Irish Insurance Market

Company Description

Verisk, has been a leading source of information about insurance risk since 1971. For a broad spectrum of commercial and personal lines of insurance, Verisk provides statistical, actuarial, underwriting, and claims information, as well as analytics; compliance and fraud identification tools; policy language; property related data; and technical services. Verisk Underwriting serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the general insurance marketplace. To learn more about Verisk please visit: www.verisk.com. Our global team uses machine learning, automation, and other emerging technologies to collect and analyse billions of records. We provide advanced decision-support to help manage risks and claims, as well as monitoring and advising companies on complex global matters such as climate change, catastrophes, and geopolitical issues. At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do.

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.

Job Description

  • Act as first point of contact for designated clients, visit new and existing clients to demonstrate products in order to win new business,
  • Be responsible for developing and managing new client relationships assigned by the Chief Commercial Officer or Sales Director
  • Account manage designated customers
  • Drive new business growth from existing and new clients, manage your new business pipeline and execute client strategy plans
  • Manage and follow relevant administrative systems and sales processes such as account plans, sales force, sales plans and internal processes.
  • Ensure customer satisfaction by collaborating across internal business teams and coordinating customer strategy with other business units.
  • Negotiate contract terms and pricing of license agreements with new and current business partners. This includes coordinating with the Legal Department and the Chief Commercial Officer and/or Sales Director to review contracts and licensing issues.
  • Establish a need for new products and capture client requirements: ensure a feedback process for these requirements and challenges into product development and innovation teams
  • Provide input into forecast and revenue tracking systems, including risk assessment of client and business partner revenue numbers for annual forecasts and budgets for
  • Monitor licencees / contracts to ensure compliance with licence (e.g. tracking and verifying receipt of appropriate fees and ensuring renewals).
  • Complete all responsibilities as outlined in the annual Performance / Objectives plan
  • Complete all special projects including engagement with key stakeholders and other duties as assigned
  • Promote the Verisk brand within the insurance market and present a positive, professional image of the company at all times.
  • Work with the Operations Director to plan and arrange customer services reviews, ensure all documentation is up to date and metrics are prepared in a timely manner by service team.

Qualifications

  • Ideally a Bachelor’s degree or equivalent plus 5 years plus of experience working in a client facing role, ideally within the data or insurance sector
  • Proven customer service, sales and marketing, and negotiation experience are required.
  • Experience in preparing and executing sales contracts,
  • Strong communication, interpersonal, negotiation and organisational skills are required.
  • Must have demonstrated ability to develop and maintain effective relationships with customers, including handling difficult and complex customer issues and related projects.
  • Experience in developing business opportunities, growing revenue and developing and managing a sales pipeline
  • An ability to actively contribute to product development by feeding back client requirements and needs, and supporting Verisk Product innovation.

Additional Information

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

#LI-Hybrid

#LI-JC1

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

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.

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To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

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Full-time, hybrid
DATE POSTED
December 2, 2024

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