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Business Development Representative
Vestwell New York, NY
$99k-127k (estimate)
Full Time 2 Days Ago
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Vestwell is Hiring a Business Development Representative Near New York, NY

WHO ARE WE? There are over 30M small businesses in the United States, but only a tiny fraction of them have a workplace savings program in place. As the savings gap in the country widens, it's imperative that every worker has access to and participates in their company's savings program, such as a 401(k) or 403(b). We believe that American workers should have easy access to an inexpensive, flexible, and intuitive solution to save for a brighter future. Unfortunately, prior to Vestwell, small businesses have been neglected and underserved, with expensive, inflexible, poorly designed offerings built on old, mainframe software. Vestwell is changing that, starting with rebuilding the core infrastructure for the modern era. Vestwell's north star is to be the engine behind a $30T industry, powering all payroll-deducted workplace savings programs for small-to-midsize businesses, such as 401(k), 403(b), IRA, emergency savings accounts (ESA), health savings accounts (HSA), 529 college savings, and alike. Vestwell's focus is to build the most flexible, powerful workplace savings and investment platform, delivered through the hands and minds of their financial services partners with the help of payroll provider partners. The team at Vestwell makes the hard stuff look easy, by combining the expertise of financial advice with the sophistication of a technology provider. As a result, workplace providers are able to bestow the advice and solution employers and employees have been asking for, while growing and scaling along the way. Employers get a cost-effective solution designed for their needs without all the headaches, and employees get a user-friendly portal that helps them achieve their long-term saving goals. WHY VESTWELL? With backing from leading FinTech investors, as well as a growing team of dedicated professionals of strong industry pedigree, Vestwell is at the forefront of a much-needed change in a 40-year old industry. Our team believes in the mission we've set out to achieve and we are working hard to get there. We're ambitious, honest, thoughtful, and fun. Who are we looking for? We are looking for an eager Business Development Representative to assist our broader Sales team around administrative and internal organizational efforts in the Eastern region, Western Region, or Central region. You will play a fundamental role in helping our team achieve our ambitious revenue growth objectives while partnering with Internal Sales Associates and Regional Directors. This role reports directly to our Internal Sales Manager. This is an excellent opportunity to kickstart a career in sales as you develop the backend skills and education that builds a strong sales foundation. As an ideal candidate, you have internship experience in a business development or a strong team orientated role in a high-growth environment. More importantly, you're thrilled by the challenge of building and perfecting the operational tempo of a high-performing partnership for your regional team, your larger sales team, and the Vestwell organization as a whole. You're exceptional at organizing competing priorities and adapting to a flexible and fast-paced environment. We're a growth stage startup after all. Last, but certainly not least, you're driven by a fresh perspective and entrepreneurial spirit. Requirements The Necessities Internship experience preferably in a business development or administrative support role Excitement in developing strong communication skills initially with internal efforts followed by external efforts around phone, email, chat & social queues Demonstrated ability to organize, support and guide multiple team members via clear written and oral communication Self-starter who can operate well in a collaborative team environment Good knowledge of Salesforce, comfort level with other Sales technology Proven ability to prioritize multiple projects and tasks, adapt to changing needs, and tackle new challenges daily The Extras Startup and/or financial services experience Understanding of the defined contribution space a plus! The expected salary range for this position is 55-60k, plus variable. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired. OUR BENEFITS We're a growth stage startup with lots of exciting milestones ahead. We value health and wellness at Vestwell and in addition to a dedicated Employee Wellbeing Committee, we offer competitive health coverage and an open vacation policy. We have adopted a remote-hybrid office policy, but all employees are welcome at our bright, comfortable office with many workspace options in midtown Manhattan so everyone has a setting that is the most productive for them. We provide our team with all the equipment they need (plus a few perks!) to work effectively remotely. Oh, and naturally we have a great 401(k) plan! OUR PROCESS It starts the same for every candidate: getting to know the team members through 1 - 2 conversations about Vestwell, your experience, and your interests. Next steps can vary by role, but the usual next steps are a skill or experience screen (e.g. a coding interview for an Engineer, a portfolio review for a Designer, deeper experience call for other roles) which leads to a virtual or in-person interview panel after that if the screens go well. Before making an offer, our interview process concludes with a references check stage for your recruiter to meet with a current or former supervisor and peer. We prioritize transparency and lack of surprise throughout the process. For your awareness you will only receive correspondence from recruiting@vestwell.com any other domain not ending in Vestwell.com is not our Recruitment team. Vestwell's Privacy Policy. Attention California residents: In the course of conducting our business and complying with federal, state, and local government regulations governing such matters as employment, tax, insurance, etc., we must collect Personal Information from you. Should you accept employment with Vestwell you may view our California Privacy Rights Act here: Vestwell's California Privacy Rights Policy.

Job Summary

JOB TYPE

Full Time

SALARY

$99k-127k (estimate)

POST DATE

07/03/2024

EXPIRATION DATE

07/31/2024

WEBSITE

vestwell.com

HEADQUARTERS

MANHATTAN, NY

SIZE

100 - 200

FOUNDED

2016

CEO

AARON SCHUMM

REVENUE

$10M - $50M

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The job skills required for Business Development Representative include Business Development, Salesforce, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Representative. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Representative. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Representative positions, which can be used as a reference in future career path planning. As a Business Development Representative, it can be promoted into senior positions as a Business Development Associate III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Representative. You can explore the career advancement for a Business Development Representative below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Representative, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Representative for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Representative job description and responsibilities

When a prospect first enters the sales funnel, a business development representative takes charge of taking the operation efficiently to the end goal because they are at the forefront of the sales process.

12/08/2021: Fayetteville, NC

On a daily basis, a business development representative will perform a variety of diverse tasks that will help them achieve their goals.

12/29/2021: Hartford, CT

Business development representatives have been able to use cold calling and prospect high-level potential customers.

12/12/2021: Pocatello, ID

A business development representative cultivates relationships with potential business clients of an organization.

12/11/2021: Charlotte, NC

Generated new business opportunities by sending email communications and making outbound calls to qualified prospects.

01/27/2022: Schenectady, NY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Representative jobs

Find a Balance of Personalization and Efficiency.

02/02/2022: Clearwater, FL

Use simple and concise language.

01/25/2022: Memphis, TN

Earn professional certifications.

02/11/2022: Parkersburg, WV

Step 3: View the best colleges and universities for Business Development Representative.

Butler University
Carroll College
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