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Business Development Director Insurance Jobs in Reston, VA

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Business Development Director Insurance information

See Reston, VA salary details

$52K

$131.8K

$220.6K

How much do business development director insurance jobs pay per year?

As of Jun 1, 2026, the average yearly pay for business development director insurance in Reston, VA is $131,750.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,300.00 and $157,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Business Development Director in Insurance, and why are they important?

A Business Development Director in Insurance needs strong sales acumen, deep industry knowledge, and experience with strategic planning, often supported by a relevant bachelor’s degree or higher. Proficiency in CRM software, data analytics tools, and familiarity with insurance regulatory systems is typically required. Exceptional negotiation, relationship-building, and leadership skills set top performers apart in this role. These abilities are crucial for driving revenue growth, forging strategic partnerships, and navigating the complex insurance market.

How does a Business Development Director in the insurance sector typically collaborate with underwriting and product teams to achieve growth targets?

A Business Development Director in insurance works closely with underwriting and product teams to align new business initiatives with the company’s risk appetite and product offerings. This collaboration often involves joint strategy sessions to identify market opportunities, customize insurance solutions, and ensure proposals are both competitive and profitable. Regular communication helps streamline the onboarding of new clients and the launch of tailored products, while also addressing any underwriting or regulatory challenges early in the process. Such teamwork is crucial for meeting growth targets and maintaining strong client relationships.

What does a Business Development Director in Insurance do?

A Business Development Director in Insurance is responsible for identifying and pursuing new business opportunities to drive growth within an insurance company. This role involves building and maintaining relationships with clients, partners, and brokers, as well as developing strategic plans to enter new markets or expand existing ones. They analyze market trends, negotiate contracts, and collaborate with internal teams to ensure that products and services meet client needs. Ultimately, they play a key role in increasing the company's revenue and market share.

What is the difference between Business Development Director Insurance vs Business Development Manager Insurance?

AspectBusiness Development Director InsuranceBusiness Development Manager Insurance
ResponsibilitiesOversees strategic growth, manages large accounts, develops long-term partnershipsExecutes sales strategies, acquires new clients, supports account management
Required CredentialsBachelor's degree, experience in insurance sales, leadership skillsBachelor's degree, sales experience, industry knowledge
Work EnvironmentSenior leadership, strategic planning, cross-department collaborationSales teams, client meetings, regional offices
Industry UsageCommonly used in large insurance firms and corporate settingsWidely used across insurance companies for sales roles

The Business Development Director Insurance focuses on strategic growth and high-level partnerships, while the Business Development Manager Insurance handles day-to-day sales activities and client acquisition. Both roles require industry knowledge and sales experience, but differ in scope and seniority.

What cities near Reston, VA are hiring for Business Development Director Insurance jobs? Cities near Reston, VA with the most Business Development Director Insurance job openings:
Business Development Director, Satellite Propulsion

Business Development Director, Satellite Propulsion

Rocket Lab Corporation

Chantilly, VA

Other

Posted 9 days ago


Rocket Lab rating

8.8

Company rating: 8.8 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

8th of 59 rated aerospace companies


Job description

BUSINESS DEVELOPMENT

Rocket Lab's Business Development team is responsible for connecting customers across government and commercial sectors with our industry leading mission solutions spanning launch and space systems. They work closely with new and existing customers to understand their needs and develop tailored solutions to deliver their missions. Building and maintaining relationships with customers and internally with engineering and operations teams is at the core of our Business Development team. They have their fingers on the pulse of the space industry and are driven to deliver results for our customers and our business.

BUSINESS DEVELOPMENT DIRECTOR, SATELLITE PROPULSION

Based out of Rocket Lab's site in Chantilly, VA, the Business Development Director, Satellite Propulsion is responsible for managing all business development activities for propulsion products such as electric propulsion systems and propellant tanks. You will also support senior leadership and the Business Development organization, with deliverables required for our Board of Directors and investors.

WHAT YOU'LL GET TO DO:

  • Lead Rocket Lab's propulsion products business development, generating and executing sales of strategically aligned propulsion products to meet and exceed sales metrics for the Space Systems division, including a range of propulsion tanks, thrusters, and complete propulsion subsystems, etc.
  • Develop and implement sales plans, systems, policies, initiatives, and procedures to manage the sales pipeline and close deals
  • Collaborate with the Communications & Marketing team in creating propulsion product collateral, marketing material, and strategic communications; and the Engineering and Production/Operations teams to ensure adequate plans for low lead-time delivery of propulsion products
  • Lead research on the propulsion product competitive landscape and market, lead forecasting of sales, determine pricing, and provide support for business development, strategy, and the space systems product and services roadmap
  • Grow existing business opportunities and nurture relationships with existing customers to develop additional business opportunities
  • Create new business opportunities and relationships by presenting Rocket Lab's capabilities/experience to provide propulsion products
  • Responsible for forecasting pipeline (non-backlog) element of revenue
  • Develop and present bid/no-bid strategies, and manage proposal planning, preparation, and submission
  • Advise on, and help implement, technology licensing deals and strategic acquisitions for new and strategically aligned space systems elements
  • Identify and obtain RFPs from aerospace/satellite primes and other satellite integrators for new and continuing space mission and program opportunities
  • Lead and/or participate in proposal activities, including generation of technical, management, cost, schedule, and proposal content for new business
  • Develop strong relationships across all levels of the business to ensure alignment, efficiency, and collaboration, including coordinating with stakeholders
  • Represent Rocket Lab at industry conferences and customer meetings
  • Travel as needed for business opportunities
  • Other duties as assigned or required

YOU'LL BRING THESE QUALIFICATIONS:

  • Bachelor's degree in engineering or other technical discipline
  • 12+ years of experience working with contractors in the aerospace or defense industry
  • Experience in the aerospace/satellite sector
  • Experience with satellite propulsion products development, manufacturing, and/or sales

THESE QUALIFICATIONS WOULD BE NICE TO HAVE:

  • Master's degree in aerospace engineering or related engineering field; or business
  • Demonstrable record of success in business development, sales, program management and/or engineering of satellite propulsion products
  • Extensive awareness of current/ongoing commercial and government satellite programs
  • Experience and/or deep understanding of engineering design or analysis is preferred
  • Experience and knowledge of mission design/trajectory capabilities and requirements
  • Excellent verbal and written communication and presentation skills
  • Must be personable and able to interface well with customers, and present to large groups
  • Experience leading, managing, and growing geographically dispersed teams on fast-paced projects
  • Ability to take ownership and action on challenges, and step up to manage tough situations while encouraging colleagues and direct reports to do the same
  • Proficient in all Microsoft Suite products, including MS Project
  • General knowledge of industry specific technical requirements and quality requirements
  • Understanding of a manufacturing and engineering company, working in a manufacturing environment in the propulsion products industry, and propulsion products for space applications
  • Knowledge of typical propulsion product customer requirements and associated technical solutions, needs, schedules, and costs
  • Experience using customer relationship management (CRM) software
  • Experience with proposal development, writing, and best practice capture processes, and ability to independently complete cost and technical proposals
  • Ability to develop cost estimates for build to print and design to specification programs
  • Ability to obtain security clearance

ADDITIONAL REQUIREMENTS:

  • Frequent domestic and international travel is required
  • Availability outside of normal business hours and/or weekends as needed
  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to focus
  • Regularly required to sit, use hands and fingers, operate computer keyboard and controls, and communicate verbally and in writing
  • Must be physically able to commute to buildings
  • Occasional exposure to dust, fumes and moderate levels of noise