Senior Sales Representative
Job Requisition ID: 91928
Location Designation: Hybrid - 3 days per week
Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.
Role Overview:
Develops and implements Group Insurance (Life, Accident, Disability, Absence Management, Accidental Injury, Critical Illness, etc.) sales strategies for targeted brokers in a territory, or a specified geographic area. Primarily focuses on seeking out new clients.
What You’ll Do:
- Obtain new accounts by leveraging Broker relationships
- Meet or exceed annual business plan as measured by new business premium and case count
- Maintain prescribed monthly activity levels including broker calls and quote activity
- Manage the sales process for Life, Accident, Disability, Absence Management, Accidental Injury, Critical Illness
- Manage renewal process for existing business
- Ensure profitability of new and existing business
What you'll bring:
- 5+ years of relevant experience
- Highly motivated with excellent organizational skills
- Self-starter with ability to work independently or as a team to achieve goals and objectives
- Financial savvy and understanding of underwriting
- Excellent presentation skills
- Excellent verbal and written communication skills
- 50% travel required (predominantly around the “metro” area—mostly “day” trips with occasional out of town/out of region travel)
- Ability to obtain necessary licenses within 60 days
- Acceptable driving record
This position primarily involves a hybrid work schedule - working remotely: Monday & Friday / on site: Tuesday, Wednesday and Thursday.
#LI-KH1
#LI-HYBRID
Pay Transparency
Salary range: $200,000 - 225,000 (base + sales incentive)
Overtime eligible: Exempt
Discretionary bonus eligible: No
Sales bonus eligible: Yes
Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID: 91928
#GBS
Nearest Major Market: Hartford
Job Segment:
Sales Rep, Outside Sales, Underwriter, Equity, Sales, Insurance, Finance