Territory Manager - Personal Lines

Encova Insurance • Indianapolis, IN

36d • $55,132 - $110,642 • Remote

About The Position

Represent our company to assigned agents. Develop a deep understanding of each agency's operations and use effective agency management to drive profitable multi-line growth for the organization. Responsible for achieving annual sales objectives for assigned territory based on the annual business plan using digital technology, face-to-face agency meetings, teleconferencing, and webinars. If assigned the lead Agency Manager accountably, successfully manage the overall agency relationship and business development from an all-lines perspective, working in conjunction with assigned underwriters to drive profitable multi-line growth.

Requirements

• Minimum of one year of sales experience or applicable industry experience (claims, underwriting, etc.) preferred.
• Bachelor's degree and prior insurance experience preferred.
• Equivalent combination of education and experience may be considered.
• Must possess strong phone presence and experience with multiple outbound/inbound phone calls per day.
• Proficient with corporate productivity and web presentation tools including online meetings & video conferencing with strong listening, communication, and presentation skills.
• Ability to multi-task, prioritize, and self-manage time effectively.
• Scheduling flexibility including occasionally working irregular hours required.
• Working knowledge of current business conditions, competition, and territory specific issues.
• Knowledge of insurance rules and regulations, policy, product, and service requirements.
• Strong verbal and written communication skills; including formal and informal presentation skills.
• Strong consultative and negotiation skills; ability to effectively persuade and influence others.
• Ability to comprehend carrier/agency reports/metrics while recognizing trends and being able to use the data for fact-based conversations that advance the company's position within agencies.
• Demonstrated creativity and strength in problem solving and developing solutions.

Nice To Haves

• Experience working with Microsoft Dynamics or similar customer relationship management (CRM) software preferred.

Responsibilities

• Primary focus and responsibility is managing sales opportunities with our agents in a consultative framework through proactive outbound calls, agency visits with key partners, digital sales tools, and virtual webinars.
• Responsible for driving new business quote activity and new business production.
• Hold agencies accountable for building a quality book of business with Encova, including managing the production, profitability, and relationships with assigned agencies.
• Partner with business teams to build and maintain a sales plan, develop success plans with partner agencies to help achieve our production and profit goals.
• Work as part of the team with Underwriters and Production Underwriters.
• Understand, promote, and support the objectives and goals of each profit center.
• Participate and collaborate with the profit center teams to assist with agency development planning, as well as executing and monitoring the progress towards the plan.
• Leverage personal relationships to achieve business outcomes.
• Partner with business teams to build and maintain a sales plan, develop success plans with partner agencies to help achieve our production and profit goals.
• Assist Regional Vice Presidents with prospecting, appointing, and onboarding new agencies.
• Meet with agency principals to have agency development conversations to improve our partnerships.
• Build relationships with agency staff to increase engagement and commitment to Encova.
• Provide training to agencies and new agency hires on all Encova products, business processes, product rules, rating procedures, underwriting and binding guidelines, and policy forms for existing and new products offered.
• Effectively engage with customer relationship management (CRM) and other automated resources in a timely, thorough, and detailed manner.
• Hold others accountable for mutually beneficial outcomes.
• Achieve target wallet shares of an agency’s book, and target market shares for assigned territories.
• Build and leverage Encova’s position as the trusted carrier of choice for the independent agency channel.
• Strategically allocate time and resources to the agencies that support our business goals and objectives.
• Analyze agency issues, determine appropriate responses to resolve issues in a satisfactory manner.
• Effectively evaluate agency performance on profit and growth and hold agencies accountable for action plans and results.
• Communicate and deliver on Encova’s value proposition for each line of business.
• Gather and share competitive intelligence, market changes, and competitive position.
• Coordinate Service Team meetings and support action plans.
• Attend industry events.

Benefits

• competitive salary
• bonus and benefits package that includes but is not limited to: a 401(k)
• wellness programs
• bonus incentive plans and flexible schedules, with an early close of the office every Friday

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees