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    Business Development Manager - Winnipeg, MB, Canada - Bank of Montreal

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    Full time
    Description
    Business Development Manager - BMO Insurance page is loaded Business Development Manager - BMO Insurance
    Apply locations Winnipeg, MB, CAN time type Full time posted on Posted 2 Days Ago job requisition id R
    Application Deadline:
    201 Portage Avenue Unit 1826

    Job Family Group:

    Wealth Sales & Service Drives sales results to enhance the promotion of BMO Life Assurance product and services to managing general agencies (MGAs) and brokers.

    to internal stakeholders to ensure continual enhancement of the insurance offer.
    Develops and executes the business development strategy, sales targets and the sales results for the assigned region.

    Builds sales and industry presentations and attends MGA conferences as speaker to represent BMO Life Assurance and build reputation in the market.

    Plays a leadership role in the industry to promote BMO Life Assurance.
    Provides input to the national sales strategy based on the potential in the assigned region.
    Analyzes the distribution network of managing general agencies (MGAs) and brokers to set contact and relationship priorities.
    Drives business development efforts and marketing plans of the sales team.
    Contacts MGAs and brokers within assigned region to promote product and services, and increase overall business results.
    Acts as a trusted advisor to assigned business/group.
    Influences and negotiates to achieve business objectives.
    Recommends and implements solutions based on analysis of issues and implications for the business.
    Assists in the development of strategic plans.

    Discusses sophisticated insurance concepts based on customer scenarios with MGAs and brokers to demonstrate the benefit of BMO Life Assurance products.

    Shares sophisticated insurance concept solutions to leverage success across the regional team.
    Helps determine business priorities and best sequence for execution of business/group strategy.
    Conducts independent analysis and assessment to resolve strategic issues.
    Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
    Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
    Reviews sales client messaging to safeguard the organization and customer assets via established compliance and regulatory parameters.
    Provides input into the planning and implementation of operational programs.
    Provides insurance quotations.
    Provides technical support on products, illustration software and other tools.
    Manages the special quote process ensuring that the response is received according to the desired timeline.
    Manages large case process to build the overall regional business. Answers questions about insurance concepts.
    Leads/participates in the design, implementation, and management of core business/group processes.
    Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
    Supports the achievement of the business plan within the designated region.
    Supports the delivery of the desired client experience to MGAs and brokers to enhance business opportunities.
    Collaborates effectively with internal stakeholders to build capability and drive business growth.
    Focus is primarily on business/group within BMO; Provides specialized consulting, analytical and technical support.

    Typically between - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

    Life insurance license.
    In-depth knowledge of insurance business, agencies and underwriting principles.
    In-depth knowledge of financial concepts, including financial planning and financial understanding of insurance products.
    In-depth knowledge of more advanced sales concepts in insurance, including corporate applications.
    Deep knowledge and technical proficiency gained through extensive education and business experience.
    Data driven decision making - In-depth.
    Salaries for part-time roles will be pro-rated based on number of hours regularly worked.

    BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.

    BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. We're here to help
    Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
    We strive to help you make an impact from day one – for yourself and our customers.

    We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.

    From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

    Accommodations are available on request for candidates taking part in all aspects of the selection process.

    A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

    BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life.

    Everywhere we do business, we're focused on building, investing and transforming how we work to drive performance and continue growing the good.

    We're proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services.

    As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers.

    In Canada, the United States and across the globe, we'll continue to build, invest and transform to drive performance that serves the good that grows.

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