Employee Benefits Client Executive - Minneapolis Market
M3 Insurance · Minneapolis, MN · 3 mo ago
HybridBusiness Development$100k–$150k/yrFull-time
About the role
In this role, you'll be at the forefront of prospecting, soliciting, quoting, and closing new commercial insurance accounts. You'll also play a crucial role in nurturing and advising our existing clients.
Responsibilities
- Identify and cultivate insurance prospects by leveraging networking opportunities and establishing Centers of Influence.
- Foster enduring relationships with clients, ensuring their ongoing satisfaction and loyalty through regular communication and expert advice.
- Harness the power of satisfied clients to generate referrals, amplifying our reach and influence in the market.
- Maintain Client information, continuously analyzing and optimizing our book of business for growth and profitability.
- Collaborate with clients to guarantee coverage adequacy, orchestrating M3 resources as needed to fulfill their evolving needs.
- Regularly review existing policy coverages, proactively seeking opportunities for enhancement and negotiating with carriers to ensure optimal outcomes.
- Develop a personalized improvement plan, taking ownership of your growth journey and regularly enhancing technical and sales skills.
- Effectively manage workload, appointments, and monthly sales goals with precision and organization.
Requirements
- Bachelor’s degree from a four-year college or university; OR a minimum of four years of comprehensive experience within the insurance industry, either in an agency or company setting.
- Minimum of four years of equivalent combined education and practical experience, preferably with a background in sales.
- Possession of an advanced degree or recognized insurance designation is highly advantageous.
- Proven capability to effectively oversee and manage a book of business.
- Skilled in delivering compelling presentations tailored for high-level executives.
- Exceptional interpersonal skills, facilitating seamless interaction with clients and colleagues alike.
- Strong analytical acumen to assess complex scenarios and formulate strategic solutions.
Qualifications
- Strong understanding of insurance policies and coverages.
- The ability to identify and prospect potential clients.
- Able to build and maintain long-term relationships with clients.
- Effective communication skills to sell insurance products and services.
Skills
- Networking and relationship-building skills.
- Ability to analyze and strategize complex scenarios.
- Excellent communication and presentation skills.
- Strong analytical and problem-solving skills.
Benefits
- Medical, Dental, and Vision Insurance
- Health Savings Accounts
- Health Care & Dependent Care Flexible Spending Accounts
- Disability Benefits
- Life Insurance
- Voluntary Benefits
- Paid-Time Off
- Retail Benefits
Pay
Compensation is based on sales performance and achievement of set targets. Historically, successful new team members in these roles have earned between $100,000 - $150,000 annually, depending on their sales results.
Schedule
Flexible work schedule available, allowing for remote work options while fostering collaboration and innovation in our office spaces.