Hybrid Wholesaler - Stop Loss Small Market

Nationwide Mutual Insurance•Marlborough, MA

16h•Hybrid

About The Position

The primary focus of this role is to develop relationships with licensed health insurance brokers and agencies in order to sell Nationwide's Benefit's health insurance products for groups of 2-50. As a Wholesaler, you’ll be responsible for recruiting, training, educating, motivating, and maintaining national and regional broker partners to sell, service and conserve business to ensure profitable growth and to meet sales objectives established for group health small cases in an assigned market within the territory. This role will be hybrid with 4 days in office and 1 day remote.

Requirements

Bachelor Degree or in-lieu of degree equivalent education, training and work-related experience
2+ years of sales related experience preferred, not required
Must possess effective verbal and written communication skills
Ability to adapt to new situations and learn quickly
Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines
High degree of initiative, mature judgment, and self-motivation
Excellent interpersonal skills with the ability to establish working relationships with individuals at varying levels within the organization
Must be able and willing to travel
Ability to keep confidential information secured
Variety of computer software knowledge related to job
Obtain a Life/A&H license in state of residence and any other state that the incumbent conducts business
Sales communication and relationship building skills required.
Microsoft office proficiency.
Strong work ethic.
Ability to stay current on sales and marketing techniques and changes in state and federal law that affect the Company’s sales efforts and impact the insurance industry in general.
Experience in recruitment and management of insurance sales force.

Nice To Haves

Bachelors’ degree preferred.
5 plus years of experience preferred.
CEBS, CLU, and/or ChFC preferred.

Responsibilities

Target and build relationships with licensed health insurances agents/brokers via phone, email, and in person meetings (leads provided) to sell Nationwide's small group health insurance products
Prospect, execute RFPs, and facilitate the full sales cycle
Evaluate agent performance and continually recruit new agents
Provide guidance to agents in developing selling strategies to obtain new and retain existing business
Travel throughout the territory on relevant sales meetings and seminars (Up to 20%)
Actively utilize the internal sales tracking system to validate and record sales calls, quotes, and recruited brokers
Continually consult with agents throughout the sales process
Provide timely communication to agents on product offerings, network changes, rate changes and plan designs
Recruiting new producers, training, growth objectives for assigned producers, sales production from workplace and individual products, achievement of premium growth objectives, and the servicing and conservation of insurance in force
Make qualified calls on groups with producers and provide enrollment support on a new producer’s first couple of accounts opened
Responsible for maintaining a positive working relationship with sales support, underwriting, policyholder services, billing support, compliance, commission accounting, home office personnel, and field management
Recruit, train, motivate and develop producers throughout assigned areas in the region
Contribute to effective relationships between the producers and home office departments
Help analyze markets and formulate recruiting programs, secure producers who will effectively produce quality premiums
Work with producers to help bring value to their existing book of business and develop new opportunities
Help implement and monitor procedures to improve persistency of business written in assigned area

Benefits

Paid Training
Uncapped earning potential
Average Income is $150,000. First Year Sales people can expect to earn between $75,000 and $100,000 including their base salary.
Incentive Sales Trips (past trips include: Maui, Aspen, Palm Beach, Mexico, Bahamas, and San Diego)
Medical, Dental, Vision benefits
Wellness Programs
Life and Short/Long Term Disability Insurance
401k w/ Company Match
Company Paid Holidays & Generous Time-off policy
Employee Discount Program
Career Advancement and Development Opportunities
medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire