Now Hiring - Idaho State Insurance Fund - Business Development Manager in Boise, ID

Full description of the position

Business Development Manager SIF, Idaho Workers' Compensation is a leader in Idaho workers' compensation. Because we live and work locally, we recognize that our customers are the backbone of Idaho's economy, and we are proud to offer services that protect their businesses and injured workers, supporting their financial strength. We empower our team to put people first, grow professionally, and have fun. At SIF, we're passionate about Idaho and we're passionate about what we do. We are currently seeking a Business Development Manager to join our Policyholder Services Leadership team! As a Business Development Manager, you will be responsible for driving profitable growth for SIF's portfolio by identifying new business opportunities, strengthening relationships with agency partners, and expanding market presence. This role combines strategic planning with hands-on execution, focusing on developing distribution channels, increasing quote activity, and retaining existing market share. Additionally, you will analyze market trends, competitor activity, and industry shifts to guide strategies and ensure alignment with underwriting and company goals. Success in this position requires strong communication skills, a collaborative mindset, and the ability to support agents while promoting the company's values. We 'll be looking for YOU to: * Champion SIF's core values (Reliability, Innovation, Relationship Driven) by building and maintaining positive, collaborative relationships in all areas. * Lead a team of Business Development Executives that identify and pursue new business opportunities in the workers' compensation market. * Facilitate business growth and retention of business by building strong professional working relationships with agency partners. * Develop and maintain relationships with SIF's leaders and collaborate with internal partners at all levels. * Regularly and consistently demonstrate commitment to company values and guiding principles as well as an awareness and drive to accomplish SIF's strategic and financial objectives. * Develop and execute a business development strategy that aligns with SIF's underwriting policy and financial objectives clearly communicating to agency partners SIF's underwriting appetite, targets for new business and retention * Maintain a thorough understanding of our agency partner offerings and limitations. * Be an expert in the Idaho workers' compensation market and communicate trends and changes throughout the company. Your background should include: * Bachelor's degree or an equivalent combination of education and relevant experience. * Minimum 4 years of experience in a Business Development role. * Thorough understanding of SIF's strategic and financial objectives. * Thorough understanding of the market and ability to recognize and capitalize on opportunities. * Strong customer orientation. * High level of technical expertise; ability to exercise sound judgement. * Ability to think strategically and plan over a 2 to 3-year time span. * Ability to organize and manage multiple priorities. * Strong problem analysis and problem resolution skills at both a strategic and functional level. * Exceptional interpersonal communication skills to consult, negotiate and interact effectively with all levels within the organization and external customers. What you can expect! * A fun, collaborative culture * Work-life balance * Professional development opportunities that are more than just "talked about", they actually happen! * Competitive market-based compensation * Generous paid time off * Amazing insurance benefits package * Retirement benefits that rock - membership in PERSI (pension plan) as well as retirement savings options via 401(k) and 457 plans. SIF values diversity and we are an equal opportunity employer. Please note that applicants need to have legal authority to work permanently in the U.S. Pay: $137,146.00 - $176,736.00 per year Benefits: * 401(k) * Dental insurance * Disability insurance * Employee assistance program * Flexible schedule * Flexible spending account * Health insurance * Health savings account * Life insurance * Paid parental leave * Paid time off * Parental leave * Prescription drug insurance * Professional development assistance * Relocation assistance * Retirement plan * Tuition reimbursement * Vision insurance Work Location: Hybrid remote in Boise, ID 83702