Opportunities at AVP portfolio companies

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Business Development Representative (Remote, US)

Openly

Openly

Sales & Business Development
Remote · United States
Posted on Tuesday, April 16, 2024

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Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.

Now is the perfect time to join the journey. Here’s why

  • It’s working. We’re in multiple states and on our way to operating countrywide. We have thousands of agents selling our product and millions of dollars of annual customer premiums.
  • We’re well-backed & stable. We closed our $100M Series D fundraise. We are supported by some of the top investors globally, including Google’s “Gradient” AI-focused fund, Obvious Ventures, Advance Venture Partners, Eden Global Partners, and Clocktower Technology Ventures.
  • It’s not too late! Despite this traction and stability, we’re still early enough in the journey that there’s time to make a real difference during Openly’s formative period.

If you’d like to understand more about Openly’s mission, consider checking out this video (https://vimeo.com/267654520) from a company pitch we gave several years ago at Techstars.

Job Details

Openly is looking for a Business Development Representative (BDR) responsible for generating new relationships with prospective agencies looking to sell Openly’s homeowner product. This critical role’s focus is to contact and develop relationships with potential agents while at the same time evaluating whether their business model aligns with Openly’s value proposition and seamlessly transition the agency through the Openly appointment process.
Watch what our Independent Agent Partners have to say about working with Openly in this testimonial video. Opportunities to join a team like this don’t come up often, so if this sounds right up your alley, then keep reading and join our ever-growing team!

Responsibilities

  • Receive inbound leads and initiate the agency appointment process by triaging the
    agency against Openly’s appointment process
  • Supplement the pipeline of agency appointments with outbound calls and email
    campaigns
  • Cultivate relationships with the potential agency partners by providing an overview of Openly and understanding how Openly can fit into their business model
  • Be able to do discovery and attain key metrics about agency and their business
  • Build trust with agents by ensuring a seamless transition through the agency appointment process by adhering to Openly’s standard processes and setting
    expectations with the agents
  • Set up meetings between prospective agencies and the Openly business development associates (BDAs)
  • Ensure meetings are held between prospective agents and BDAs
  • Manage and maintain strong data integrity and data hygiene in our CRM across leads,
    opportunities, and accounts
  • Leverage data from opportunities in the pipeline to forecast monthly and quarterly results
  • Provide weekly updates to the team regarding territory goals and objectives

Key Requirements

  • 1-3 years of outstanding sales performance with an ability to drive results and innovate in a fast-paced and dynamic environment
  • 1 or more years of experience in P&C insurance industry required
  • Experience with multiple sales techniques, including cold calling and email campaigns
  • Consistent track record of achieving or exceeding sales targets
  • Passion for helping partner agencies
  • Strong organizational, negotiation, and value-based selling skills
  • A customer-centric mindset with the ability to quickly establish trust and credibility
  • Insurance product knowledge and the ability to gather additional knowledge rapidly
  • Proficiency with Microsoft and Google products along with experience working with a CRM
  • Willingness to travel up to 10% of the time
  • Property & casualty insurance producer license, or the ability to get one within the first four weeks of employment

#LI-HK1

Compensation & Benefits:

The target salary range represents the budgeted salary range for this position. Actual compensation for this position will be determined based on the successful candidate's experience and skills. We are committed to providing a compensation package that not only reflects the responsibilities and requirements of the role, but also the unique expertise that the chosen candidate will bring to our team.

Target Salary Range
$54,960$65,265 USD

The full salary range shows the min to max salary range for this position. Actual compensation will be commensurate with experience and qualifications and determined based on various factors including the candidate's qualifications, skills, and experience.

Full Salary Range
$51,525$85,875 USD

Benefits & Perks

  • Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it.
  • Competitive Salary & Equity
  • Comprehensive Medical, Dental, and Vision Plan Offerings
  • Life and disability coverage including voluntary options
  • Competitive PTO - 20 days and 11 paid holidays (including floating holidays) per year under the Company’s vacation and holiday policies.
  • Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
    (Birthing parents may be eligible for additional leave through STD)
  • 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute.
  • Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
  • Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity.
  • Be Well Program - Employees receive $50 per month to use towards your overall well-being
  • Paid Volunteer Service Hours
  • Referral Program and Reward

Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time.

U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.

Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law.