AVP, Regional Sales Manager
ChubbAbout the role
The Regional Sales Leader will play a critical role in developing and executing sales strategies to achieve revenue goals and drive market expansion within the Mid-Atlantic region for retail products (Business Travel Accident, Scholastic, Participant Accident). This position involves leading a business development manager, collaborating with the regional underwriting team and UW manager, nurturing client relationships, and identifying growth opportunities. The ideal candidate will be a strategic thinker with a proven track record in sales leadership and a deep understanding of the insurance industry.
Job Description:
- Lead, mentor, and manage activities of regional Business Development Manager (BDM) responsible for generating new business leads, building relationships, and promoting various A&H insurance products and services.
- Develop and implement strategic sales and distribution plans to achieve sales targets, maximize revenue, build robust and adequate pipeline to achieve plan and expand our market presence in the A&H marketplace and across Chubb clients.
- Regular and routine reporting on pipeline, target progression and sales metrics.
- Identify new market opportunities, emerging trends, and potential clients to develop effective sales strategies and enhance our competitive edge.
- Build and maintain strong relationships with key stakeholders, including clients, brokers, and insurance partners, to foster mutual trust and ensure successful collaborations.
- Provide guidance and support to BDMs in developing client proposals, negotiating terms, and closing high-value contracts, ensuring timely and accurate documentation.
- Conduct regular performance reviews, manage progress against sales targets, and provide ongoing coaching to the BDM team to enhance their sales skills, product knowledge, and overall professional development.
- Collaborate with other departments, such as Underwriting, Claims, and Marketing, to ensure seamless communication and alignment of business objectives, leveraging cross-functional resources to achieve sales targets.
- Stay updated with industry trends, competitor activities, and regulatory changes affecting the insurance space, and share related insights with the team to further strengthen our market position.
- Prepare and present strategic sales reports, forecasts, and budgets to senior management, highlighting areas for improvement, growth potential, and sales performance metrics.
- Continuously evaluate and improve sales processes, tools, and systems to streamline operations, enhance productivity, and maximize overall efficiency.
- Uphold the company's values and ethical standards, ensuring compliance with all relevant laws, regulations, and policies governing insurance sales operations.
- Build a positive and motivating work environment that encourages teamwork, innovation, and a customer-centric approach within the sales team.
- Bachelor's degree in Business Administration, Sales, or a related field. MBA or equivalent preferred.
- Proven track record of successful sales leadership in the insurance industry, with a minimum of 3 years of relevant sales experience.
- Strong knowledge of insurance products, services, and market trends, including a comprehensive understanding of underwriting and claims processes.
- Demonstrated ability to develop and execute successful sales strategies, achieve revenue targets, and drive business growth.
- Exceptional leadership skills, with experience managing and inspiring sales teams to achieve goals and exceed expectations.
- Excellent communication, negotiation, and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
- Analytical mindset, with the capability to interpret data, identify trends, and make informed decisions to drive sales performance.
- Proactive and highly organized, with the ability to prioritize multiple initiatives and meet deadlines in a fast-paced, deadline-driven environment.
- Existing network and contacts within the insurance industry is highly desirable.
- Proficiency in relevant sales software and Microsoft Office Suite.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our p
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