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Business Development Manager Jobs in Summit, NJ (NOW HIRING)

Business Development Manager - IT Staffing Location: New York, NY / NJ / CT (Hybrid/Remote flexibility) Industry: IT Staffing & Professional Services A leading national technology staffing firm is ...

Business Development Manager - Somerset, NJ The Business Development Manager expands market share through new business development, sales opportunities, and by providing full end-to-end customer ...

Business Development Manager

New York, NY · On-site +1

$190K - $249K/yr

The Ford Agency is actively seeking a professional and driven Business Development Manager to join a prestigious law firm in their NY or DC office. This individual will work closely with the white ...

The Business Development (BD) Manager supports our Corporate Practice group. The role works closely with BD peers to support pitches and proposals, directory and award submissions, events and other ...

A leading health and wellness ingredient company is seeking an experienced and commercially driven Senior Business Development Manager to lead strategic growth initiatives across the nutraceutical ...

Showing results 21-40

Business Development Manager information

See Summit, NJ salary details

$38.8K

$91K

$158.3K

How much do business development manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for business development manager in Summit, NJ is $90,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,800.00 and $106,300.00 per year, depending on experience, location, and employer.

What is the difference between Business Development Manager vs Sales Executive?

AspectBusiness Development ManagerSales Executive
Primary FocusIdentifying new business opportunities and strategic partnershipsClosing sales and meeting sales targets
Required SkillsStrategic thinking, relationship building, negotiationPersuasion, product knowledge, communication
Work EnvironmentClient meetings, market research, planningCustomer interactions, sales presentations
Common CertificationsBusiness or marketing degrees, sales certificationsSales certifications, product training

While both roles aim to generate revenue, Business Development Managers focus on strategic growth and partnerships, whereas Sales Executives concentrate on closing individual sales. Understanding these differences helps in choosing the right career path or hiring the appropriate professional for your business needs.

How does a business development manager typically collaborate with other departments to achieve growth objectives?

Business Development Managers frequently work cross-functionally, coordinating closely with sales, marketing, product, and finance teams. This collaboration ensures that growth strategies are aligned with the company’s overall goals, product capabilities, and market positioning. For example, they may partner with marketing to develop targeted campaigns, work with product teams to tailor offerings for prospective clients, and consult finance to evaluate the profitability of new business opportunities. Effective communication and teamwork are essential for success in this role.

How much is the salary of a business development manager?

The salary of a business development manager typically ranges from $60,000 to $120,000 annually, depending on experience, industry, and location. Many roles also include performance bonuses and benefits, and strong skills in sales, negotiation, and market analysis can influence compensation.

What exactly does a business development manager do?

A business development manager identifies growth opportunities, builds relationships with potential clients or partners, and develops strategies to increase revenue. They often analyze market trends, negotiate deals, and collaborate with sales and marketing teams to achieve business goals.

What are the key skills and qualifications needed to thrive as a business development manager, and why are they important?

To thrive as a Business Development Manager, you need strong sales acumen, market research abilities, and a background in business or related fields—often supported by a bachelor’s degree. Familiarity with CRM software (like Salesforce), lead generation tools, and data analysis platforms is typically required. Exceptional communication, negotiation, and relationship-building skills help set top performers apart. These competencies are crucial for identifying new opportunities, driving revenue growth, and building lasting client partnerships.
What cities near Summit, NJ are hiring for Business Development Manager jobs? Cities near Summit, NJ with the most Business Development Manager job openings:
Infographic showing various Business Development Manager job openings in Summit, NJ as of August 2026, with employment types broken down into 75% Full Time, 18% Part Time, 3% Temporary, and 4% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $90,960 per year, or $43.7 per hour.

Business Development Manager

Raphael and Associates

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday


Job description

Raphael & Associates, a nationwide third-party claims administrator (TPA) and field adjusting firm, is seeking a results-driven Business Development Manager with 10+ years of experience in insurance business development to accelerate client acquisition, strengthen carrier partnerships, and drive revenue growth. The ideal candidate will have a proven ability to build relationships with insurance company claims and underwriting leaders, and program managers. This role will initially be based out of our New York, NY or Rutherford, NJ offices.  Once the candidate is up to speed the position will be hybrid.
As a Business Development Manager, you will lead initiatives to expand our presence in the TPA and Field Adjusting market. You will develop strategic growth plans and cultivate high-value partnerships. Candidates with deep industry knowledge and established networks in insurance are strongly preferred. 
Key Responsibilities
  • Design and execute a business development strategy working closely with the Head of Business Development.    
  • Follow up on new client referrals received by the Executive team. 
  • Proactively network, identify, qualify, and close opportunities with insurance carriers, MGAs/Program Administrators, and brokers. 
  • Build and maintain executive-level relationships across various insurance organizations. 
  • Lead proposal development and collaborate with internal teams to ensure competitive positioning and profitability. 
  • Work with Head of Business Development to refine processes and KPIs for new business development. 
  • Create activities to enhance engagement with new potential clients. 
  • Represent the firm at industry conferences and at targeted outreach events. 
  • Generate business leads from new and existing clients through proactive business development activities. 
  • Stay updated with insurance industry trends, competitor activities, and regulatory changes and share updates with leadership. 
  • Provide strategic reports on new business development progress. 
  • Provide recommendations to management for new clients. 
  • Lead end-to-end transaction process including opportunity evaluation, due diligence, and negotiation. 
  • Partner with internal and external stakeholders to ensure a successful start to a new client.  
  • Drive measurable growth across territory. 
  • Provide a consultative sales approach. 
Qualifications
  • 10+ years in business development, sales leadership, or strategic partnerships within insurance. 
  • Proven success in securing new clients and exceeding revenue targets. 
  • Strong communication, negotiation, and organizational skills. 
  • Experience with Salesforce, CRM systems and pipeline forecasting. 
  • Willingness to travel to events. 
  • Ability to translate market insights into actionable growth strategies. 
  • Executive presence and cross-functional leadership skills.
About Raphael and Associates
Raphael & Associates is a third-party claims administrator and independent claims adjusting company internationally recognized for exceptional service. We understand the importance of adapting to the demands of a dynamic market and we tailor our services to our client’s specific needs. As a claim’s organization, what we do is complex. Our mission is simple: to provide outstanding service, retain extraordinary professionals, and utilize the best technology in the industry!
As a leading organization in the industry, we offer dynamic and challenging opportunities to individuals who want to make a difference. We value camaraderie, vision, a passion for excellence, creativity, and self-reliant professionals.
Benefits and Perks
We are an organization that recognizes and appreciates hard work! We offer a competitive compensation package commensurate with experience, including salary, bonus, paid time off, medical/dental/vision/life insurance and 401k (with matching!). Most importantly, you will have the opportunity to work directly alongside an extraordinary and dedicated team to grow a critical function within a dynamic, growing company.
 

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