Partnerships Business Development Ast. Director, Voluntary Benefits / Worksite Partnerships
Description
Conducts vertical and prospect assessments, building and managing a robust pipeline of potential partners, engaging key stakeholders across the business unit to ensure strategic alignment, prioritization of key prospects to source new distribution partnerships. Negotiates contract terms and deal economics to achieve highest ROE and effectively transitioning new partners into partnership segments for on-going client management. Effectively engages, assesses, and negotiates new agency relationships and determines fit within the Strategic Partnerships portfolio. Interacts with senior leadership of national firms who are well versed and licensed in the P&C insurance industry in the U.S.
Responsibilities
Serves in a business development role within the Strategic Partnerships Group to evaluate new partnership opportunities that create strategic value and/or will drive highly scalable distribution partnerships aligned to USRMs strategic and financial goals. Demonstrates deep understanding of competitors market trends thereby enabling effective negotiations with a variety of potential partners. Prepares and presents executive presentations for internal stakeholders to ensure alignment around strategic fit and business terms for potential new partners. Employs assertive sales techniques to negotiate favorable contact terms, conditions and compensation to win new partnerships. Aligns all necessary Liberty Mutual resources to enable successful execution and onboarding of new partnerships.<br><br><b>Qualifications</b><ul><li>Bachelors degree or equivalent training; MBA preferred
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
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At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco
Perks and Benefits
Health and Wellness
- Long-Term Disability
- FSA
- HSA With Employer Contribution
- HSA
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Mental Health Benefits
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Happy Hours
- Snacks
- On-Site Cafeteria
- Casual Dress
- Holiday Events
Vacation and Time Off
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Leave of Absence
Financial and Retirement
- Performance Bonus
- 401(K) With Company Matching
- Financial Counseling
Professional Development
- Mentor Program
- Promote From Within
- Learning and Development Stipend
- Tuition Reimbursement
- Internship Program
- Associate or Rotational Training Program
- Access to Online Courses
- Lunch and Learns
- Shadowing Opportunities
Diversity and Inclusion
Company Videos
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