Business Development Executive Salary in Chicago, Illinois

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Average Salary for Business Development Executive in Chicago, Illinois

The average salary of a(n) Business Development Executive in Chicago, Illinois is $94,483.

The average hourly rate of a(n) Business Development Executive in Chicago, Illinois is $45.42.

The average bonus of a(n) Business Development Executive in Chicago, Illinois is $10,110.00.

Job Description:

Evaluates business opportunities and potential markets by analyzing financial feasibility studies and conducting market research. Provides oversight and direction to the Business Development Department on a variety of business development activities, including proposal development, client relations, and account management. A bachelor's degree in business is typically required for this position with five years of business development experience. Oversees efforts to support and assist the organization in identifying and securing new business opportunities. Provides oversight for the pricing of new proposals to ensure that all resources needed to complete the project are identified, the cost is calculated accurately, and the price is determined within established guidelines. Provides oversight on processes associated with the preparation and coordination of client meetings. Facilitates efforts to develop, implement, and refine standard procedures for researching, collecting, and tracking information about clients including contact data, pipelines, and previous outsourcing experiences. Plans, organizes, implements, and evaluates outcomes of the department's strategic plans. Develops strategic initiatives and transforms initiatives into action plans. Prepares and manages the departmental budget. Hires, develops and motivates a qualified business development staff. Less

Evaluates business opportunities and potential markets by analyzing financial feasibility studies and conducting market research. Provides oversight and direction to the Business Development Department on a variety of business development activities, including proposal development, client relations, and account management. A... More

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