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Insurance Sales Representative - Group Benefits

Hiring Company Industry: Business Services
Number of Employees: 1 - 100 Employees
Total Compensation: $100K+
     - Base Salary: $60K - $90K
     - Other: Car Allowance
Reports to: Sales Manager
Location: Chattanooga, TN; Knoxville, TN; Nashville, TN

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JOB DESCRIPTION

Insurance Sales Representative position with a $1.45B subsidiary of a Global Fortune 500 $8 Billion specialty company.  


 


This is an outside sales position selling Group Benefits to small and medium-sized businesses through the broker channel. To be considered for this position, you must have this type of experience. 


The rep will receive a book of business upon hire and will be responsible for growing the accounts—this is purely a relationship sale! This is a high-activity position with expectations to see 15 accounts per week.  


 


The company is an industry leader based on the national number of contracts in force. During the economic downturn the company has experienced positive growth and continues expanding into new territories. Our client has strong financial rating’s they are rated Excellent by AM Best and A (Strong) by Standard & Poors.




  • Wine and dine clients—company credit card provided.



  • Over 80 of 160 reps earned President’s Club trip last year





  • Top rep earned $341k, median rep with 3 or more years experience earned $155k





  • Top rookie rep earned $212k, top 2nd year rep earned $219k with average 2nd year rep earning $130k





  • Turnover in 2007 was only 16.5% nationally




 


$60K to $90K base plus uncapped commission. Rep will also receive a car allowance, full benefits package, cell, lap top, expenses paid, etc. 


 


They are in the TOP 5 in all product lines in the industry.  The latest marketing data suggests that my client is tapping into less than 50% of their distribution channel in the US (avg).  This untapped market presents a huge growth opportunity.


 


Requirements




  • 2-10 years outside b2b sales experience




  • Top 20% documented sales success




  • Bachelor’s degree




  • Stable employment history (no job hoppers)




  • GROUP BENEFITS EXPERIENCE








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