Founded in 1986, CMB Insurance Brokers is a well-established and proudly independent insurance brokerage known for delivering trusted, long-term solutions to our clients. We're entering an exciting chapter with the launch of our brand-new location in Mississauga -- and we're looking for high-performing, sales-driven professionals to be part of it. This is a unique opportunity to join a growing branch, make your mark, and play a key role in shaping its success. If you're motivated by growth, relationship-building, and the opportunity to be part of something new, we'd love to hear from you.
A Business Development Representative (BDR, for short) is responsible for generating new business opportunities. Daily, BDRs are making cold calls, sending emails, and leading high-level discovery calls with prospects. The ultimate goal is to produce four qualified leads per eight-hour shift, which eventually turn into legitimate sales opportunities. Once a meeting is booked, the BDR passes the prospect off to a Senior Risk Consultant (SRC).
The BDR will also be required to attend one meeting per week, pre renewal meeting or renewal meeting, with a Senior Risk. Consultant as a required learning activity, included in their base compensation structure.
It is important to note that while most BDR teams fall under the sales umbrella, they're not closing any deals. They are only responsible for First and Second calls then once approved, the First Meeting. Demonstrating the insurance program, drafting a proposal, and closing the deal are all the responsibilities of a SRC, not a BDR. Instead, the BDR are measured on the number of meetings they book and potential deals they influence.
BDR's will have weekly, quarterly, and annual quotas. These quotas will account for things such as the number calls made and number of first meeting booked, number of second meetings booked and number of meetings booked that results in a new client for CMB. These types of prospecting activities are tracked and stored using the company software provided. All leads are tracked by looking at a BDR-influenced sales pipeline, or the number of potential deals created as a result of business development efforts.
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