Associate Sales Representative - Group Benefits (Woodcliff Lake, NJ)

Principal Financial Group • Woodcliff Lake, NJ

1d • $55,000 - $55,000 • Onsite

About The Position

Principal Financial Group is a Fortune 500 global leader in financial services focused in insurance, retirement, and asset management. We have 18,000 employees and 51 million customers around the world with over $714B in assets under management.
The Sales Development Program is a 9-18 month full-time salaried program within our US Life Insurance- Group Benefits division. This training program is focused on developing individuals for successful careers in sales. Our Associate Sales Representatives learn how to partner with brokers to provide customers with comprehensive insurance solutions. Our customers are owners of small to large businesses who want to provide competitive benefits for company employees and their families. When life gets unexpectedly tough, their employees rely on the insurance solutions (such as disability, accident, critical illness, and life) provided by Principal Financial.
Who we’re looking for:
You want to make a difference in others’ lives.
You are internally motivated to achieve your goals, persist through challenges, and reach personal success.
You enjoy networking, meeting new people, and building relationships.
You like to outperform the competition and win.
What to expect:
You’ll start at one of our national training centers where you’ll gain in-depth knowledge of our business through intensive classroom-based study and opportunities to network and learn from senior sales leaders.
Following this experience, you’ll be assigned a territory and get thorough on-the-job training with local sales leaders and mentors before gaining your own book of business toward the end of the 18-month program.
What you’ll gain:
Learn to actively develop and implement sales strategies
Mature your strategy and consulting abilities
Build relationships with brokers
Enhance your understanding of client care
Grow skills in marketing
Gain deep product knowledge
We’ll also provide you with study time and educational materials to secure your insurance license.
How you’ll accelerate your career:
Your training and experiences during this program will be highly visible to US Life Insurance senior leaders. Upon successful completion of the program, this career path will be responsible for sales growth and market expansion for an assigned regional territory and your earning potential will shift to depend on the volume of successful sales you bring in. You’ll continue to receive professional development opportunities including conferences and training as part of our sales community.

Requirements

• Bachelor's degree or 8 years of equivalent experience required at the time of hire
• Strong interest in a career in external sales
• Must have sales proficiency and positive relationship building skills
• Strong work ethic, self-starter, and accountable for own actions
• Adaptable to change as well as running multiple projects
• Life/Health License required within 90 days of hire
• Requires ability to work independently, excellent and persuasive written and oral communication skills, excellent presentation skills, and basic computer skills
• Willingness to travel within the identified territory as needed for this position

Nice To Haves

• Awards or recognition from sales competitions
• Bilingual English/Spanish skills preferred but not required
• Outstanding extra-curricular, leadership, or community involvement

Responsibilities

• Learn to actively develop and implement sales strategies
• Mature your strategy and consulting abilities
• Build relationships with brokers
• Enhance your understanding of client care
• Grow skills in marketing
• Gain deep product knowledge

Benefits

• Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees