American Express Business Development Manager reviews

4.1

88% would recommend to a friend

(149 total reviews)
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Stephen J Squeri

80% approve of CEO

80% positive business outlook

Manager, Business Development employees have rated American Express with 4.1 out of 5 stars, based on 149 company reviews on Glassdoor. This indicates that most Manager, Business Development professionals have an excellent working experience there. American Express is rated in line with the average (within 1 standard deviation) by Manager, Business Development professionals compared to other employers within the Finanzen industry (3.7 stars).

Reviews by job title

149 reviews
5.0
Dec 14, 2009
Recommend
CEO approval
Business Outlook

Pros

The Amex "Commercial Card Sales" opportunity is an outstanding one for the individual who is ready to elevate their career. You are representing a solid, well-respected company, who will make significant investments in your career growth and professional development. Starting with the CEO, and throughout all levels of management, there is a strong sense of commitment, not only to the customer, but also to the employees of the company. The compensation and benefits package is strong, likely better than most others in the industry.

Cons

The Commercial Card Sales positions are challenging, often involving more time spent on administration than on actual sellling activities. Although it continues to improve, sales professionals still must constantly overcome prospect perceptions of inferior merchant acceptance of Amex cards.

4.0
Dec 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Amex is a company filled with generally bright and dynamic idnviduals. The company places a strong emphasis on people leadership and development, leading bright motivated people to stay and do well, but also generating a strong "insider/outsider" dynamic where it quickly becomes clear that there is a chosen set of individuals who are being tracked for future opportunities. The firm is highly relationship driven, and building internal "champions" and a strong network of relationships is key to ensuring that one ends up on the fast track.

Cons

Comp is definitely below industry standards, but given the tremendous opportunity for work/life balance, AXP can afford to pay less since the roles are generally in strong demand in the market. The company's highly matrixed and consensus driven culture allows people at all levels to be involved in discussions on a wide array of topics (particularly nice for development of problem solving/business judgment as a junior person), but often leads to slow decision making that results in the firm missing major market opportunities.

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