AVP Business Development

The Doctors CompanyHampden Township, PA
$157,323 - $206,487Hybrid

About The Position

The Doctors Company is currently seeking an AVP Business Development to join our team. This is a hybrid opportunity based at any TDCG or PRA office.

Requirements

  • Bachelor’s degree in arts or sciences, with a focus on business administration, finance, marketing or related field, or equivalent combination of education and experience is required.
  • Property & casualty producer license
  • Eight to ten (8-10) years of insurance sales and agency relations and management experience required.

Nice To Haves

  • CPCU, RPLU, or similar insurance designation preferred

Responsibilities

  • Identifies target prospects and manages pipeline based on TDC Underwriting appetite and engages with appropriate National Brokers for pursuit.
  • Manages and fosters National Broker relationships capable of supporting the company’s growth and retention strategies.
  • Manages and monitors National Broker activities and serves as liaison with Agency Support for agency appointments, contract administration and terminations.
  • Provide product, service, and company updates to brokers as necessary.
  • Leverages agency incentive programs, Key Agency co-op program, agency education, and agency seminars to drive Agency Sales Performance and improve Agency Relationships.
  • Maximizes participation at industry events to achieve stated performance expectations.
  • Meets or exceeds expectations for service delivery.
  • Interprets agency production and profitability data that is timely and accurate and designed to assist in the strategic and operational management of agency generated revenue.
  • Enters agency encounters into reporting tool to capture competitor information, market intelligence, and agency issues.
  • Addresses Agent and Broker concerns by engaging the appropriate individuals for resolution and/or escalating as the situation dictates.
  • Provides input to the Business Development budget, including promotion of Key Agency Co-op program to optimize the distribution strategy in assigned states.
  • Provides input on incentive programs to ensure value derived is equal to or greater than resources expended.
  • Monitors sales and profitability on a monthly basis.
  • Works with Business Development leaders to ensure strategy and revenue targets are met.
  • Assists in the development of the Business Development strategic plan.
  • Implements initiatives in the area of agency distribution to drive growth and retention.
  • Supports analysis of current market conditions and business models to predict future market shifts and coordinate resources.
  • Supports evaluation of new states, or existing states for market growth and expansion.
  • Maintain full compliance with all organizational policies, procedures, and established standards (e.g. accurately recording time worked, Submitting PTO, mandatory corporate training)
  • Keep technical knowledge and skills current to effectively support department priorities.
  • Complete all performance and development activities, including the performance review process, in a timely manner.
  • Fulfill all required training and development obligations to maintain essential skills and credentials.
  • Complete all mandatory compliance courses on time, meeting corporate training standards.
  • Pursue additional learning opportunities that strengthen professional capabilities and contribute to team and organizational performance, with prior manager approval.
  • Support enterprise and departmental objectives by taking on assigned projects and delegated tasks with accountability, attention to detail, and timely execution.
  • Identify and implement process improvements that enhance business efficiency and strengthen organizational effectiveness.
  • Proactively provide regular updates to leadership on project status, deliverables, and outcomes.
  • Maintain flexibility and agility to take on additional responsibilities as organizational needs evolve.

Benefits

  • competitive compensation
  • incentive bonus plan
  • outstanding career opportunities
  • exceptional work environment
  • medical
  • family and bereavement leave
  • same-sex domestic partner benefits
  • short- and long-term disability programs
  • employee assistance program
  • Health, dental, and vision insurance
  • Health care tax-free spending accounts with a company match
  • 401(k) and Roth IRA with company match, as well as catch-up plans for both
  • Vacation days, sick days, and paid personal days each calendar year (with vacation increases based on length of service)
  • Paid holidays each calendar year
  • Life and travel insurance
  • Tax-free commuter benefits
  • In-person and online learning opportunities
  • Cross-function career opportunities
  • Business casual work environment
  • Time off to volunteer
  • Matching donations to qualifying nonprofit organizations
  • Company-sponsored participation at non-profit events
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