What are the responsibilities and job description for the Commercial Insurance Sales Executive position at Bulow Group Inc?
Description
Job Title: Commercial Insurance Sales Executive
Job Summary:
We are seeking a motivated and results-driven Commercial Insurance Sales Executive to join our dynamic team. The ideal candidate will be responsible for developing and maintaining relationships with clients, understanding their insurance needs, and providing tailored solutions to meet those needs. This role requires a strong sales acumen, excellent communication skills, and a deep understanding of commercial insurance products.
Key Responsibilities:
- Identify and pursue new business opportunities in the commercial insurance sector.
- Build and maintain strong relationships with clients and prospects.
- Conduct thorough needs assessments to understand client requirements and recommend appropriate insurance solutions.
- Prepare and present insurance proposals to clients.
- Negotiate terms and conditions of insurance contracts.
- Stay updated on industry trends, regulations, and product offerings.
- Collaborate with internal teams to ensure seamless service delivery to clients.
- Achieve sales targets and contribute to the overall growth of the company.
What we are looking for:
- Minimum 3 years of experience in commercial insurance sales
-A substitute for commercial insurance experience would be experience in one of our service line industries (hospitality, restaurants, private equity, construction)
- Proven experience in commercial insurance sales or a related field.
- Strong understanding of commercial insurance products and services.
- Excellent communication and interpersonal skills.
- Ability to build rapport and trust with clients.
- Strong negotiation and closing skills.
- Self-motivated with a results-oriented mindset.
- Ability to work under pressure and meet tight deadlines
- Holds Illinois Property and Casualty License
Benefits
GROUP HEALTH INSURANCE: After a 30-day waiting period, full-time employees (who work at least 30 hours per week) and their dependents, are eligible to enroll in health benefits through BlueCross BlueShield of Illinois (BCBSIL). Health options include a choice of 2 PPO plans, a High Deductible Health plan and a HMO. In addition, Dental benefits are available as well as a Vision PPO plan.
EMPLOYER PROVIDED LIFE/AD&D INSURANCE: TBG Provides all employees with a flat $10,000 life insurance benefit through Principal.
EMPLOYEE ASSISTANCE PROGRAM: All employees may utilize the Disability Resource Services through BlueCross BlueShield of Illinois to assist themselves and their immediate family with convenient resources to help address emotional, legal and financial issues. Telephonic counseling and web-based services are available as well as a limited number of geographically accessible face-to-face sessions.
401K PLAN: All employees are eligible, on day 1, to contribute on either a pre-tax or post-tax (Roth) basis to the 401K plan, administered by Principal Financial Services. Proven offers an employer match equal to 100% of the first 4% of deferrals.
FLEXIBLE TIME OFF: TBG understands the value time away from works plays into employee wellbeing. We offer Unlimited Time Off for all employees, after 30-day waiting period.
FITNESS CENTER: TBG offers a free on-site fitness center at the Tinley Park headquarters office location to all employees open 24/7. Employees utilize the gym equipment at their own risk.
Compensation
TBG offers Commercial Insurance Sales Executives the flexibility to choose a compensation structure that best supports their personal preferences. This may include a base salary of $40,000 - $60,000 and competitive commission spits or may be commission only with more generous commission splits.
Salary : $40,000 - $60,000
