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Assurant

Insurance and service contracts for devices

Vice President Business Development Financial Services

Full-Time
$170.8k - $285k
Expert
MBA
Remote in USA
RemoteRequires up to 60% domestic travel for client meetings, presentations, negotiations, and industry events.
Sales & Account ManagementAccount Executive

About the job

Requirements
  • At least 15 years of progressive business development, enterprise sales, strategic partnerships, or commercial growth experience.
  • Direct experience selling or structuring complex solutions in Financial Services, card benefits, protection products, retail travel, legal services, identity protection, customer experience, or adjacent regulated-market solutions.
  • Experience building target lists, creating outbound pursuit strategies, developing executive relationships, and converting qualified pipeline into signed multiyear contracts.
  • Demonstrated success originating, negotiating, and closing complex, multiyear commercial deals.
  • Experience partnering with Line of Business leaders, Finance, Legal, Product, Operations, Compliance, and executive stakeholders to structure commercially sound and operationally executable client agreements.
  • Experience leading cross-functional teams to design and deliver client-specific solutions.
  • Deep experience in complex contracting, deal structuring, and negotiation, including financial, legal, and operational dimensions.
  • Experience using Salesforce or similar CRM tools to manage pipeline, forecast opportunity progression, inspect deal health, and drive accountability.
  • Ability to rapidly synthesize complex client, market, and enterprise inputs into a clear growth narrative that resonates with clients and aligns internal teams around a shared vision.
  • Skill in leading outcomes across highly matrixed organizations by aligning stakeholders, resolving tradeoffs, and driving decisions without direct control.
  • Ability to prioritize opportunities, structure pragmatic solutions, and make sound tradeoffs in fast-moving, high-stakes deal environments with incomplete information.
  • Experience developing executive-level value messaging for competitive pursuits involving complex solutions, regulated environments, or multi-stakeholder buying groups.
  • Ability to travel up to 60% domestically for client meetings, executive presentations, negotiations, and industry events, as business needs require.
  • Strategic growth mindset and ability to connect client needs to enterprise capabilities.
  • Advanced commercial and financial acumen, including P&L ownership.
  • Executive-level communication and influence with C-suite and senior leaders.
  • Ability to personally create, advance, and close new-business opportunities.
  • Disciplined pipeline management, opportunity qualification, and forecast accountability.
  • Judgment in structuring deals that balance client value, profitability, operational feasibility, and risk.
  • Solution orientation and ability to build and deliver solutions beyond selling.
  • Ability to operate effectively in ambiguity and drive outcomes across matrixed organizations.
Responsibilities
  • Originate and close new partnerships with targeted net-new Financial Services prospects across card benefits, retail travel, legal services, identity theft protection, and adjacent customer value-added services.
  • Build and own a targeted prospecting strategy, including market mapping, target lists, outbound executive outreach, industry networking, referrals, and pursuit prioritization.
  • Own the full deal lifecycle, including prospecting, discovery, solution design, executive engagement, negotiation, contracting, and close.
  • Build and maintain a disciplined business development funnel using Salesforce and dashboards to track opportunity health and outcomes.
  • Create account pursuit plans for priority prospects, including stakeholder mapping, value hypothesis, buying triggers, competitive positioning, next-best actions, and path-to-close.
  • Qualify deals to focus resources on opportunities with strong strategic, financial, operational, and timing fit.
  • Lead discovery with prospective clients to identify business priorities, customer experience gaps, revenue opportunities, operational requirements, and decision criteria.
  • Shape value propositions that connect client needs to Assurant capabilities and articulate client economics, customer value, and Assurant profitability.
  • Drive executive engagement and maintain momentum through complex, multistakeholder sales cycles.
  • Lead internal deal reviews, opportunity strategy sessions, and close plans to accelerate decision-making and improve conversion.
  • Move qualified prospects from first meeting to signed agreement.
  • Identify expansion opportunities within recently acquired or strategically targeted relationships when they support new revenue, new product adoption, or broader enterprise growth; ongoing account management, renewal ownership, and day-to-day client relationship management remain with account leadership teams.
  • Partner with the relevant Line of Business leader on commercial strategy, pricing structure, deal economics, and negotiation approach for prospective client agreements.
  • Lead the business development workstream in client negotiations and collaborate with the Line of Business leader, Finance, Legal, Product, Risk, Compliance, and Operations to ensure proposed terms are commercially attractive, legally sound, operationally executable, and aligned with financial objectives.
  • Translate prospect requirements into deal structures balancing client outcomes, Assurant profitability, risk management, implementation feasibility, and long-term partnership value.
  • Support negotiations of complex multiyear agreements, including scope, pricing, service levels, performance commitments, implementation timelines, governance, and renewal or expansion pathways.
  • Progress opportunities to signed agreements while ensuring internal approvals and stakeholder alignment.
  • Orchestrate internal teams to co-create differentiated, executable, scalable prospect-specific solutions aligned with Assurant’s growth strategy.
  • Partner with Product, Operations, Technology, Legal, Finance, Compliance, and the relevant Line of Business leader to validate solution feasibility, economics, implementation requirements, and risk considerations.
  • Ensure solutions are executable, scalable, and aligned with Assurant’s five-year strategy and growth roadmap.
  • Ensure new-client proposals clearly translate into operating models, launch plans, financial assumptions, and contractual commitments.
  • Remove internal barriers, drive decisions, and maintain momentum across matrixed teams during active pursuits.
  • Champion enterprise-wide growth by connecting Assurant capabilities across divisions to unlock new revenue streams.
  • Lead or participate in cross-functional Business Development forums to share best practices, improve funnel efficiency, and accelerate innovation.
  • Apply a P&L mindset to opportunities, balancing growth, profitability, and long-term partnership value.
  • Drive Financial Services revenue and EBITDA growth through net-new client acquisition, qualified pipeline creation, conversion of targeted prospects, and launch of newly secured partnerships.
  • Partner with the relevant Line of Business leader and Finance, Legal, Product, Risk, Compliance, and Operations on commercial structuring, pricing strategy, deal economics, approvals, and negotiation strategy.
  • Manage and influence business development-related budgets.
  • Maintain an understanding of Financial Services market dynamics, competitive offerings, buyer priorities, and emerging client needs.
  • Develop executive-level narratives and pursuit messaging that differentiate Assurant in competitive new-business opportunities.
  • Represent Assurant externally at client meetings, conferences, industry events, and strategic networking forums to identify and advance new sales opportunities.
  • Lead, mentor, and inspire BD talent and matrixed teams, setting expectations for performance, accountability, and execution.
  • Represent the Assurant brand consistently across the company and the Financial Services ecosystem.
Desired Qualifications
  • An MBA.

About the company

Assurant provides risk-management solutions focused on protecting mobile devices, electronics, and other high-value consumer goods through insurance policies and extended service contracts, plus repair services. It underwrites these protection products for individuals, businesses, and financial institutions, with customers paying premiums or service fees while the company delivers repair work when covered items fail. The company combines protection with repair and extra support across a global footprint in North America, Europe, and Asia, emphasizing the connected device ecosystem. Its goal is to minimize the financial impact of unexpected events and keep everyday operations running by safeguarding investments and offering fast, reliable support.

Company Size

10,001+

Company Stage

IPO

Headquarters

Atlanta, Georgia

Founded

1892

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Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $3.45 billion, and adjusted EPS jumped 26% year over year.
  • Assurant launched Chile financial-services protection, plus Cogeco and Swan partnerships, expanding embedded distribution.
  • Management raised 2026 outlook after record second-quarter results and growing mobile protection subscriber gains.

What critics are saying

  • Assurant's April 2026 Texas trade-secret lawsuit against iA American Warranty Group exposes dealer-services leakage.
  • Apple, Samsung, and carriers can internalize device protection, compressing Assurant's lifestyle margins by 2027.
  • Housing catastrophes and lender-placed policy shifts can erase earnings gains within one severe storm season.

What makes Assurant unique

  • Assurant embeds protection, trade-in, and repair across devices, homes, and vehicles globally.
  • Its carrier and retailer integrations create switching costs that smaller warranty vendors cannot match.
  • Assurant's scale spans 325 million consumers across 21 countries, supporting underwriting and servicing economics.

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Benefits

Health Insurance

Hybrid Work Options

Professional Development Budget

Company News

Yahoo Finance
Sep 22nd, 2026
Assurant Chile launches financial services protection addressing payments and fraud risks

Assurant has launched a Financial Services Ecosystem Protection business line in Chile, expanding beyond its existing device, home, and automobile protection services. The new offering addresses risks associated with payments, purchases, and fraud, including vehicle financing solutions. Ricardo Laso has been appointed President of the Andean Region to lead growth in Chile, Colombia, and Peru. The launch responds to Chile's digital payments surge, which reached 7.7 billion transactions over the past year, according to the Central Bank. Assurant has operated in Chile for over 15 years. Globally, the company serves more than 325 million consumers across 21 countries, providing protection for 57 million vehicles, 68 million mobile devices, and 128 million appliances worldwide.

Yahoo Finance
Aug 4th, 2026
Assurant beats Q2 revenue estimates with $3.45B sales, up 9.5% year on year

Assurant reported second-quarter 2026 results that exceeded revenue expectations, with sales rising 9.5% year on year to $3.45 billion. The insurance services company's non-GAAP profit of $6.41 per share beat analysts' consensus estimates by 23.7%. Net premiums earned reached $2.77 billion, in line with analyst estimates of $2.76 billion, representing 6.9% year-on-year growth. Pre-tax profit stood at $376.9 million, equating to a 10.9% margin. Assurant's revenue has grown at a 6.6% compounded annual growth rate over the past five years. The company, which provides specialised insurance products protecting consumer purchases like mobile devices, vehicles, and homes, has a market capitalisation of $13.99 billion.

Associated Press
Jul 23rd, 2026
Assurant and Cogeco partner to offer mobile device protection and trade-in solution in Canada

Assurant has partnered with Cogeco Communications to launch a digital-first mobile device solution for Canadian customers. The collaboration gives Cogeco mobile users access to network-compatible devices through Assurant's ecosystem, including new, refurbished, and certified Open Box models from Best Buy Canada. Customers can browse and purchase devices on BestBuy.ca with flexible financing options. Assurant handles device lifecycle management, enabling customers to buy, protect, and trade in devices, whilst Cogeco provides connectivity and customer experience. The solution addresses growing Canadian demand for affordability, simplicity, and sustainability in mobile device management. Paul Cosgrove, President of Assurant Canada, said the partnership delivers "a simpler and more connected mobile experience" by integrating device access, protection, and upgrade solutions into a single journey.

Associated Press
Jun 3rd, 2026
Owen taps Assurant to power embedded travel insurance for Swan's business cards across Europe

Owen, an insurtech specialising in embedded insurance, has partnered with Assurant to provide insurance capacity for Swan, Europe's leading embedded banking platform. The collaboration enables Swan to integrate travel insurance and fraud protection directly into its card products across France and Europe. Under the arrangement, Assurant serves as the risk carrier, Owen acts as broker and third-party administrator, and Allianz provides assistance services. The programme launched in April 2026 with Swan, which processes approximately €2 billion in monthly transactions across 30 European countries and serves over 150 companies including Pennylane, Indy and Agicap. The partnership allows Swan's partners to offer embedded insurance natively within their card products, eliminating months of integration work and complex regulatory requirements.

Yahoo Finance
May 6th, 2026
Assurant Q1 earnings jump 76% on lower catastrophes and strong investment income

Assurant reported first-quarter 2026 net operating income of $5.95 per share, beating the Zacks Consensus Estimate by 10.2% and rising 76% year over year. Total revenues increased 11.4% to $3.4 billion, surpassing estimates by 4.4%. Results benefited from lower reportable catastrophes, solid performance in Global Lifestyle and Global Housing, and earnings growth across Connected Living and Global Automotive. Net investment income jumped 27.9% to $159.6 million. Global Housing revenues rose 11.5% to $769.8 million, whilst adjusted EBITDA doubled to $236.7 million, primarily due to lower catastrophe losses. Global Lifestyle revenues increased 11.3% to $2.6 billion, with adjusted EBITDA up 20% to $236.7 million, driven by subscriber growth in mobile protection and improved automotive loss experience.