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Business Development Manager

CompScience

CompScience

Sales & Business Development
Seaboard, NC, USA · United States · Remote
USD 150k-250k / year + Equity
Posted on Jan 24, 2025

About CompScience

At CompScience, we're not just building software—we're saving lives. We're a high-growth startup on a mission to prevent 10 million workplace injuries through bold technological innovations, ensuring that everyone can go home safe at the end of the day.

Founded in 2019 and backed by investors from SpaceX, Tesla, and Anduril, we've assembled a powerhouse team that bridges two worlds:

  • Cutting-Edge Technology: Our engineering team is comprised of distinguished computer vision engineers, software architects, and data scientists from the self-driving car industry. They bring unparalleled expertise in AI and machine learning to the realm of workplace safety.

  • Insurance Acumen: Our insurance team comprises seasoned professionals who understand the nuances of workers' compensation policies. They work hand-in-hand with our tech experts to translate advanced analytics into tangible insurance products that truly serve our clients' needs.

Our groundbreaking perception-based risk assessment program, the first of its kind, provides the most comprehensive data stream available for risk analysis and monitoring and has proven to significantly reduce accidents in some of the world's most hazardous occupations.

About the role

We are seeking a motivated and results-driven Business Development Manager to join our dynamic team. The ideal candidate will be responsible for driving business growth by establishing and nurturing relationships with insurance brokers interested in adopting our innovative computer vision solutions for workers' compensation. This is a remote position with 50-75% travel primarily within the Eastern seaboard (Northeast, Mid-Atlantic, Southeast) or the Midwest.

Responsibilities

  • Identify and target insurance brokers who are potential clients for CompScience solutions

  • Develop and execute strategic plans to achieve sales targets and expand market share within a geographic territory

  • Collaborate with underwriters to generate revenue with targeted brokers and agencies

  • Prepare and deliver presentations, proposals, and product demonstrations to prospective clients

  • Collaborate with internal teams to smooth implementation and delivery of solutions to clients

  • Build and maintain strong, long-lasting relationships with key decision-makers and stakeholders at insurance brokerages

  • Understand customer needs and requirements to effectively position our solutions and tailor proposals accordingly

  • Stay informed about industry trends, competitors, and market conditions to identify opportunities for growth

Required Experience

  • Proven track record in business development or sales, preferably within the insurance sector

  • Experience in cold calling and prospecting to generate new leads and opportunities

  • Experience selling to insurance brokers or similar stakeholders

  • Strong understanding of insurance industry dynamics

  • Excellent communication, negotiation, and interpersonal skills

  • Ability to travel 50-75% of the time, primarily within the Eastern seaboard (Northeast, Mid-Atlantic, Southeast) or the Midwest

  • Bachelor’s degree in Business Administration, Marketing, or a related field (preferred)

Nice-to-have

  • Workers’ comp sales experience is a plus

Working at CompScience

Compensation: CompScience is committed to fair and equitable compensation practices. The on-target earning potential for this role is $150,000 - 250,000. Compensation is determined based on your qualifications and experience. Our total compensation package also includes equity and comprehensive benefits.

Benefits at CompScience:

  • Fast-paced startup environment where your ideas can quickly become reality

  • Opportunity to wear multiple hats and grow beyond your job description

  • Remote-first culture with home office support

  • Comprehensive health benefits (Medical, Dental, Vision, HSA)

  • 401(k) plan and life insurance

  • Flexible time off and 12 weeks parental leave

  • Professional development reimbursement

Our Ideal Teammate:

  • Thrives in a fast-paced startup and is comfortable navigating ambiguity

  • Excited to wear multiple hats and grow rapidly

  • Committed to our mission of saving lives through technology