Director Regional Sales 1 - HMIG Job at Highmark Health Options (New York City)

Job Description

A senior level professional sales representative, the incumbent is responsible for maintaining existing business, generating new business revenue, and growing a profitable book of business in the Group Insurance market. This position will work with management to develop strategies for complex and unusual sales opportunities, as well as on new techniques, products, services or policies to improve the overall profitability of the company and provide guidance to lower levels. The incumbent will work through distribution channels of existing and new producers, joint venture partners including Blue Plans, and work with other partners in the promotion of a core product line: Employer Stop Loss and other lines as determined by management. This sales position will work primarily through producers, such as brokers and TPAs, particularly those that represent mid and large group employers. The sales territory will vary, and will be defined by the Senior Vice President of Sales. Must have a valid driver's license and reliable transportation.

Job Responsibility

This position is responsible for maintaining existing business, generating new business revenue, and growing a profitable book of business in the Group Insurance market
Work with management to develop strategies for complex and unusual sales opportunities, as well as on new techniques, products, services or policies to improve the overall profitability of the company and provide guidance to lower levels
Work through distribution channels of existing and new producers, joint venture partners including Blue Plans, and work with other partners in the promotion of a core product line: Employer Stop Loss and other lines as determined by management
Identify target producers, and then independently develop, manage, and make decisions about the producers and cases that should be worked on, based on potential to generate new business revenue and profitable business for the corporation
Develop and work with new and existing partners and producers within assigned territory and build relationships with them and their customers, identifying prospects, and promoting HM Insurance Group products and strategies, generating new sales activity that will lead to new business revenue, and retaining profitable clients upon renewal
Create and achieve a regional sales plan that will effectively meet the needs of the corporation in that region
Promote products and strategies, generating new sales activity that will lead to new business revenue, and retaining profitable clients upon renewal
Manage relationships with producers who will generate group prospects, and will manage the entire sales process that will lead to sold cases and generate new business revenue
For renewing groups, be responsible for retention and profitability
Build files, collect data, coordinate and manage information, build and enhance producer relationships, while promoting solutions to meet customer needs
Provide to Senior Management weekly, monthly, quarterly updates and reports on progress and activity being generated toward generating sales that will meet stated goals and objectives
Travel as deemed necessary to meet with prospects/clients to promote our services

Requirements

Bachelors in BA or High School diploma or GED with Six years experience in sales, marketing selling group products, such as Life/AD&D, STD, LTD, DBL, Stop Loss and Vision Insurance products, as well as understanding the concepts of risk, underwriting, actuarial, pricing, loss ratio, and regulations
Accident and Health Sales License
CLU or other industry recognized certifications such as HIAA, CEBS, CBP, etc. and/or extensive experience in group product sales
Possess a thorough knowledge of the insurance business with experience in Life, Health, and Accident and carry the required licenses to be able to sell these products
Above average leadership and motivational skills
Experience in managing a support staff
Good people skills, fact finding skills, as well as sales skills
Must have a valid driver's license and reliable transportation

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Director Regional Sales 1 - HMIG

Job Description

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