Regional Sales Vice President - Group Benefits

Pan-American Life Insurance Group • Oakbrook Terrace, IL

4d • Hybrid

About The Position

Pan-American Life Insurance Group (PALIG) is seeking a Regional Sales Vice President (RSVP) within the US Group Benefits division who will be responsible for building relationships with sales distribution partners consisting primarily of Individual Independent Producers and Regional Brokerage Firms, and achieving distribution contact activity targets through the development and execution of marketing strategies/plans that advance the PALIG brand, product portfolio and service platform. The position will be charged with proactively building sustainable relationships that promote sales to employer group markets.

Requirements

• Bachelor's degree
• 10 years of experience in technical sales, sales management and working with national benefit brokerage, benefit consulting firms, and benefit communications and technology firms. (Four additional years of relevant experience may be substituted in lieu of degree)
• With a minimum of five years broker/agency experience required; worksite and/or supplemental insurance experience preferred, with emphasis on large case (500+ employees) and interaction with large national brokerage and consulting firms and benefit communication (enrollment & technology) firms.
• Advanced knowledge of individual and group insurance product, as well as payroll allotment and IRSC 125, and workplace/voluntary benefit experience.
• Active Domiciled State Life & Health License
• Ability to work flexible hours, including frequent client luncheons, dinners and events
• A valid driver’s license
• 75% travel requirement within defined geography
• Excellent verbal and written communication skills
• Practical, positive and quick thinker
• Have the expertise to provide solutions with creative ideas
• Ability to work at a fast pace and handle challenging obstacles
• Detail oriented
• Excellent organization and time management skills
• Proficient in Microsoft Office.
• Must be able to communicate effectively collaborate with internal departments and outside vendors.
• Basic Math skills required

Nice To Haves

• Bi-lingual Spanish / English preferred, not required

Responsibilities

• Develop profitable new business opportunities and maintain existing business relationships.
• Identify, build and manage relationships with benefit consultants, brokers and enrollment firms to expand the Pan-American presence in their business processes.
• Serve as the executive relationship manager.
• Build strong working relationships with senior management, home office staff, and field sales staff and assist them in building working relationships with consultants/agents/brokers/enrollment entities and PALIG’s divisional partners in understanding the needs of our customers and executing sales strategies to fulfill those needs while providing growth and profitability to PALIG.
• Provide reporting to Senior Management as requested.
• Maintain CRM data base with required current, accurate account and producer information.
• Develop and execute both short- and long-term marketing strategies/business plans for the promotion of PALIG products and services to increase sales of producer partner business.
• Keep current on business, competitor and market trends and incorporate that knowledge into strategies and initiatives, maintaining focus on continuous improvement through researching innovative, and cost-efficient business solutions.
• Represent PALIG at client meetings, industry events, networking functions, and business development activities.
• Participate in client lunches, dinners, and other relationship-building events as needed.
• Maintain a professional presence that strengthens the company's reputation and market position.
• Other Duties as Assigned

Benefits

• Competitive compensation package (base salary & bonus incentive)
• Comprehensive benefits, including medical, dental, 401(k), paid time off, and tuition reimbursement
• Medical and dental coverage effective the first of the month following 30 days of service
• Remote / Hybrid work opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Senior