Sales Development Representative

Pan-American Life Insurance Company • Oak Brook, IL

9d • $60,000 - $75,000 • Hybrid

About The Position

Pan-American Life Insurance Group (PALIG) is seeking a Sales Development Representative to generate qualified leads and schedule appointments with key stakeholders in targeted markets. This includes engaging retail brokers to promote and support Fixed Indemnity Plans (FIP) and Gap insurance products, as well as identifying and connecting with employers in Service Contract Act (SCA) industries and other strategic sectors to introduce and position FIP offerings. The role requires strong communication skills, market insight, and a proactive approach to lead generation and relationship building. This role will be based in our Oak Brook, IL. office and will be required to be in-office full time for an initial training period. Once training is completed, a hybrid work arrangement will be considered.

Requirements

• Bachelor’s degree in business, Marketing, Finance, or related field or four years of relevant sales/business development experience in lieu of degree
• 2 years of experience in sales, business development, or group benefit sales is preferred
• Accident & Health Insurance License preferred
• Excellent communication skills; presents ideas effectively to an individual or group, formally or informally.
• Attention to detail
• Proficient computer Skills in Word, Excel, PowerPoint and basic computer functions
• Proactive attitude and willing to take initiative
• Service oriented
• Problem solving
• Customer Service

Responsibilities

• Manage Outbound Call Campaigns to Drive Engagement: Initiate outbound calls to retail insurance brokers and HR departments of target industries. Conduct 60–80 outbound calls per day to engage with clients, prospects, or stakeholders, ensuring consistent outreach and communication goals are met
• Schedule introductory meetings for senior sales reps or account managers
• Maintain the scheduling of 10–15 appointments/week
• Conduct Lead Qualification and Prioritization: Identify and qualify prospects based on company size, industry, and employee demographics
• Achieve a lead conversion rate of 20% – 30% through effective communication, follow-up strategies, and relationship-building techniques.
• Maintain and Update Customer Relationship Management (CRM) System: Log all interactions in SF, update lead statuses, and track follow-ups
• Maintain CRM data accuracy at 95% or higher by consistently updating and verifying client records, ensuring reliable and actionable information.
• Ensure follow-up responses are completed within 24 hours or less to maintain timely communication and support customer satisfaction.
• Conduct Market Research to Identify Industry Trends and Customer Needs: Identify new prospects and gather intelligence on industry trends and competitors.
• Assist Marketing in coordinating outbound campaigns to build engagement with qualified leads.
• Collaboration: Work closely with sales, marketing and product teams to align strategies and support distributor success
• Sales Support: Assist in preparing presentations, proposals, and contracts for distributors and clients

Benefits

• Competitive compensation package (base salary & incentive compensation)
• Target base salary of $60,000 with an incentive compensation ranging from $10K to $15K.
• Comprehensive benefits including medical, dental, 401(k), paid time off, and tuition reimbursement
• Medical and dental coverage available starting the first of the month following 30 days of service
• Hybrid work opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees