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Business Development Strategy Manager Jobs in Rochester, MN

Build out processes and own the development of deliverables end-to-end to support emerging product ... Business, Economics, or a related field * 2-3 years of experience in top management consulting ...

... business strategy. This position will be responsible for supporting the need for financial analysis ... The position will work closely with product development and product management leaders to create ...

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Business Development Strategy Manager information

See Rochester, MN salary details

$37.1K

$87K

$151.5K

How much do business development strategy manager jobs pay per year?

As of Jun 23, 2026, the average yearly pay for business development strategy manager in Rochester, MN is $87,014.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,000.00 and $101,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Business Development Strategy Manager, and why are they important?

To thrive as a Business Development Strategy Manager, you need expertise in market analysis, strategic planning, and sales or partnership development, often backed by a degree in business, marketing, or a related field. Familiarity with CRM platforms (like Salesforce), data analytics tools, and financial modeling software is typically required. Outstanding communication, negotiation, and relationship-building skills help drive successful collaborations and initiatives. These abilities are crucial for identifying growth opportunities, securing key partnerships, and guiding the company's long-term strategic direction.

How much does a business development manager get paid?

A business development strategy manager's salary typically ranges from $70,000 to $150,000 annually, depending on experience, industry, and location. Senior roles or those in large companies may offer higher compensation, often including bonuses and benefits. Strong skills in sales, negotiation, and strategic planning are essential for higher earning potential.

How does a Business Development Strategy Manager typically collaborate with other departments to drive company growth?

A Business Development Strategy Manager frequently works cross-functionally, partnering with marketing, sales, product, and finance teams to identify and pursue new business opportunities. They facilitate regular meetings to align objectives, share market insights, and coordinate go-to-market strategies. This collaborative approach ensures that growth initiatives are well-supported and that all departments are working toward common goals. Effective communication and stakeholder management are key aspects of success in this role.

What is a business development strategy manager?

A business development strategy manager is responsible for creating and implementing plans to grow a company's revenue and market presence. They analyze market trends, identify new opportunities, and collaborate with sales and marketing teams to achieve strategic goals, often utilizing tools like CRM software and data analysis. Strong communication, strategic thinking, and industry knowledge are essential for this role.

What is the difference between Business Development Strategy Manager vs Business Development Manager?

AspectBusiness Development Strategy ManagerBusiness Development Manager
Primary FocusDeveloping strategic plans to grow the businessExecuting sales and client acquisition activities
ResponsibilitiesMarket analysis, strategic planning, partnership developmentLead generation, sales pitches, client relationship management
Required SkillsStrategic thinking, market research, planningSales skills, negotiation, communication
Work EnvironmentStrategic teams, corporate planning departmentsSales teams, client-facing roles

The Business Development Strategy Manager focuses on creating long-term growth strategies and market positioning, while the Business Development Manager concentrates on executing sales activities and building client relationships. Both roles are essential for business growth but differ in scope and daily tasks.

Is BDM higher than sales manager?

A Business Development Strategy Manager typically focuses on identifying growth opportunities, building strategic partnerships, and developing long-term plans, while a Sales Manager oversees sales teams and directly manages revenue generation. In many organizations, the BDM role is considered higher in strategic scope, but the hierarchy depends on company structure and industry. Both roles require strong leadership and industry knowledge, but their responsibilities differ significantly.

What does a Business Development Strategy Manager do?

A Business Development Strategy Manager is responsible for identifying new business opportunities, creating strategic plans to drive company growth, and building relationships with potential partners or clients. They analyze market trends, assess competitive landscapes, and collaborate with various departments to ensure business objectives are met. Their role often includes setting revenue goals, overseeing key projects, and recommending ways to improve the company's market position and profitability.

Is being a Business Development Strategy Manager a stressful job?

Business Development Strategy Managers often face stress due to targets, client negotiations, and market pressures. The role requires strong strategic thinking, communication skills, and the ability to manage multiple priorities, which can contribute to a high-stress environment depending on workload and organizational expectations.
What are popular job titles related to Business Development Strategy Manager jobs in Rochester, MN? For Business Development Strategy Manager jobs in Rochester, MN, the most frequently searched job titles are:
What job categories do people searching Business Development Strategy Manager jobs in Rochester, MN look for? The top searched job categories for Business Development Strategy Manager jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Business Development Strategy Manager jobs? Cities near Rochester, MN with the most Business Development Strategy Manager job openings:
Agency Ownership Development Coach - Rochester, MN

Agency Ownership Development Coach - Rochester, MN

Farmers Insurance

Rochester, MN • Hybrid

Full-time

Medical, Dental, Vision, Life, PTO

Posted 27 days ago


Farmers Insurance rating

7.7

Company rating: 7.7 out of 10

Based on 310 frontline employees who took The Breakroom Quiz

175th of 261 rated insurance


Job description

We are Farmers - where ambition meets opportunity.
At Farmers, we're not just known for unforgettable jingle - we're a team with a passion for purpose and making a real difference in people's lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn't just a goal - it's a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us.
Join an award-winning, equal opportunity employer, where you'll find more than a job - you'll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.
Ready to make your mark? Discover our vibrant culture and explore career opportunities at www.Farmers.com/careers/corporate. Connect with us on Instagram, LinkedIn and TikTok, and let's build something incredible together!
Workplace: Hybrid ( #LI-Hybrid )
Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
Job Summary
This position is responsible for supporting the recruitment, coaching, development, and performance of Agency Ownership Development Strategists within an assigned location. The role provides strategic support and oversight across business development opportunities, including lead procurement, referral relationship management, pipeline development, centers of influence development, and market execution. It is accountable for supporting new business growth and retention across personal, specialty, life, and commercial insurance lines. The position partners with Distribution leadership to help strengthen product knowledge and enhance overall effectiveness of Agency Ownership Development Strategists. The role also serves as the local leader for the Agency Ownership Development Schools program.
This position is a contractor role supporting Farmers Insurance and is not a full-time employment opportunity directly with Farmers Insurance.
Essential Job Functions
  • Coaches and supports development of a team of Agency Ownership Development Strategists, reinforcing expectations, the importance of accountability, and performance standards.
  • Supports leadership, sales, and business development capabilities to help Agency Ownership Development Strategists prepare for future agency ownership and entrepreneurial success.
  • Conducts regular coaching sessions, performance assessments, and development planning feedback aligned to individual growth paths and program milestones.
  • Promotes the Farmers® value proposition and supports performance across multiple insurance lines of business, including personal, specialty, life, and commercial.
  • Collaborates with Distribution, Product, and Marketing partners to align strategies and improve market execution*
  • Coaches Agency Ownership Development Strategists on customer engagement strategies, sales development, and business planning skills that support long-term agency growth.
  • Reinforces professional development expectations, including additional licensing, ongoing training, and mastery of product, underwriting, and market knowledge.
  • Guides Agency Ownership Development Strategists in their strategic business development, leadership behavior, and operational discipline activities.
  • Leverages AI-enabled systems and other available resources to help Agency Owner Development Strategists enhance sales effectiveness.
  • Identifies and evaluates third-party lead providers.
  • Analyzes lead return on investment and conversion performance to help optimize available marketing and acquisition strategies.
  • Develops and maintains strategic referral partnerships to support sustainable pipeline growth.
  • Oversees daily and weekly sales activity by using technology platforms, processing systems, and reporting resources.
  • Uses performance data, pipeline metrics, and reporting to monitor results, identify trends, and drive continuous improvement.
  • Participates in recruiting, interviewing, and onboarding of Agency Ownership Development Strategists.
  • Performs other duties as assigned.

Physical Actions
Job is performed in-person at a Farmers office or virtually at an approved alternative work location. The physical work environment is indoors and climate-controlled with adequate lighting and ventilation. Normal and customary distractions include background noise produced by office equipment and chatter among people, as well as interruptions. Frequently sits for prolonged periods of time, up to a full shift. Occasionally moves about the workplace including, navigating stairs, ramps, and level or uneven surfaces. Occasionally moves, pushes, pulls, lifts, carries, and/or places objects or materials weighing up to 25 pounds without assistance. Frequently uses shoulders, arms, hands, and fingers to manipulate equipment, tools, and objects necessary to perform job duties. Frequently performs fine motor tasks such as typing, mousing, or writing, up to a full shift. Rarely performs movements such as bending, stooping, crouching, kneeling, twisting, and reaching overhead or below the knees. Possesses clear vision, with or without correction, to visually read and verify information. Relies on depth perception and peripheral vision to navigate the work environment visually by identifying barriers, changes in terrain and locating objects. Possesses adequate hearing, with or without correction, to communicate with co-workers, respond promptly to auditory signals or alarms, and discern sounds essential for maintaining safety and productivity in the workplace. Jobs in this category require rare, if any, travel.
Physical Environment
This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions.
Education Requirements
High School Diploma or equivalent required. Bachelors degree preferred. Property and Casualty and Life and Health licenses required. Upon Hire *^.
Experience Requirements
Minimum of five years sales, marketing or insurance experience including knowledge of Personal Lines, Specialty, Life and Commercial lines product knowledge. Knowledge of Farmers systems, tools and current sales management technology.
Special Skill Requirement
Additional Qualification
Proven written and oral communications. Strong sales ability; including building rapport, qualifying questions, time management, objection handling and closing.
Benefits
  • Salary $70,000 plus bonus/incentives.
  • Medical
  • Dental
  • Vision
  • Health Savings and Flexible Spending Accounts
  • Life Insurance
  • Paid Time Off
  • For more information, review "What we offer" on https://www.farmers.com/careers/corporate/#offer

Job Location(s): US - MN - Rochester
Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.
Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.
Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: careers@farmers.com

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