Business Development Manager - 35734
👤 For candidates
🤖 Enhance with AI
- ›Leverage AI tools for lead generation and market analysis
- ›Automate routine onboarding and reporting tasks with workflow software
- ›Use CRM analytics to personalise client engagement strategies
📈 Disruption outlook
% risk of significant disruption
🎓 Learn now
📚 For full-time, part-time & evening courses on the Isle of Man, visit University College Isle of Man (UCM)
🏢 For employers
🔄 Alternatives
Automates lead scoring and opportunity insights
Streamlines onboarding and reporting workflows
External teams handle cold calling and prospecting
⚡ Recommendation
🔀 Hybrid approachAI augments data tasks, but human skills needed for negotiation and relationships
Microsoft Copilot & M365
Drafts client emails and follow-ups automatically
Visualises sales data and market trends
Summarises meetings and tracks action items
General and Operations Managers
O*NET 11-1021.00
Job Description
Automation Risk
This role contains a mix of routine (onboarding, reporting), augmented (lead generation, contract review, strategy), and human (relationship-building, negotiation, collaboration) tasks. While AI and automation tools can assist with data-driven and administrative aspects, the core business development functions require human judgment, creativity, and interpersonal skills, resulting in moderate automation risk but high AI exposure for augmentation.
Task analysis
- Identify and pursue new business opportunities through cold calling and market research.
- Engage and build relationships with potential clients to grow the business portfolio.
- Manage onboarding processes for new clients, ensuring a smooth transition and compliance.
- Negotiate contracts and agreements with clients to secure new business.
- Develop and implement strategies to increase revenue and market share.
- Attend trade shows and client meetings, including travel to new markets.
- Collaborate with internal teams to deliver tailored financial solutions.
- Maintain accurate records and prepare reports on business development activities.
- Monitor market trends and competitor activity to inform business strategy.
Occupational Classification
UK Salary Benchmark
Financial service activities, except insurance and pension funding · ONS ASHE 2024 annual earnings
👤 For Candidates
AI & future-of-work guidance
🤖 Enhance with AI
- ›Leverage AI tools for lead generation and market analysis
- ›Automate routine onboarding and reporting tasks with workflow software
- ›Use CRM analytics to personalise client engagement strategies
📈 Disruption outlook
% risk of significant disruption
🎓 Learn now
📚 For full-time, part-time & evening courses on the Isle of Man, visit University College Isle of Man (UCM)
🏢 For Employers
Strategic hiring options & technology alternatives
🔄 Alternatives
Automates lead scoring and opportunity insights
Streamlines onboarding and reporting workflows
External teams handle cold calling and prospecting
⚡ Recommendation
🔀 Hybrid approachAI augments data tasks, but human skills needed for negotiation and relationships
Microsoft Copilot & M365
Drafts client emails and follow-ups automatically
Visualises sales data and market trends
Summarises meetings and tracks action items
Key Skills
Knowledge Areas
O*NET Competency Skills
Alternative Career Paths
Lead and manage the entire sales function, setting strategy and overseeing teams.
Manage ongoing client relationships and ensure delivery of services to key accounts.
Oversee the development and market positioning of financial products.
Develop and execute marketing strategies to support business growth.
Also Consider
🔥 Hot Technologies
In-demand tools for this occupation (O*NET)
Work Activities
General work activities from O*NET
- Working with Computers
- Getting Information
- Communicating with Supervisors, Peers, or Subordinates
- Making Decisions and Solving Problems
- Establishing and Maintaining Interpersonal Relationships
- Identifying Objects, Actions, and Events
- Guiding, Directing, and Motivating Subordinates
- Organizing, Planning, and Prioritizing Work
- Judging the Qualities of Objects, Services, or People
- Processing Information
- Analyzing Data or Information
- Coordinating the Work and Activities of Others
- Documenting/Recording Information
- Coaching and Developing Others
- Monitoring Processes, Materials, or Surroundings
Anthropic Economic Index
Real-world AI adoption data from millions of Claude conversations · Dataset ↗
Observed Claude Usage
14%
of conversations
Classic Auto. Risk
16%
Frey & Osborne
Job Zone
4/5
Considerable prep
O*NET Median Salary
£80k
US ref. $101k · fx 0.79
Occupational family: Management
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