Managing Sales Executive, Small Commercial
TravelersAbout the role
Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
SalesCompensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.
Salary Range
$114,700.00 - $189,200.00Target Openings
1What Is the Opportunity?
The Sales Executive Team is dedicated to navigating and managing a high performing sales culture in-person and/or virtually which contributes to the overall success of the Select business. The team executes on industry-leading sales strategies aligned with business objectives, builds effective relationships with customers, distribution partners and fellow employees, and creates tactical sales plans for profitable growth through extensive product knowledge and state of the art sales and influencing tactics. The team also uses digitally advanced strategies to move the business forward, leads the relationships with our aggregator/networking groups, and partners with the agent to imbed into higher producing revenue streams. As a Managing Sales Executive, Select, you will manage and develop a complex group of Travelers agency assignments/territories as a Subject Matter Expert, optimize growth within defined new business, retention and profitability goals and deliver success within Travelers' framework of Corporate values. You will act as a brand ambassador to sell the Travelers value proposition to distribution partners. You will also be responsible for leading a team of Sales Executives, addressing their development needs and strengthening their knowledge of Travelers' products. This position is an outside sales position where assigned distribution relationships within the geographic territory tend to be best served through an in-person sales strategy.**this position requires residency in or near the Indianapolis territory**
What Will You Do?
- Select, train, coach and develop effective Sales Executives to achieve and exceed sales targets while operating within Travelers' Vision and Values.
- Develop, influence, and implement advanced sales strategies to expand and manage a high-value portfolio of business, with the objective of driving profitable growth while managing a small team of Sales Executives.
- Own assigned territory, including business development, leveraging performance metrics to create annual plans and manage territorial performance.
- Conduct comprehensive agency diagnostics to assess performance and identify strategic growth opportunities.
- Facilitate high-level agency appointments and build long-term relationships through office visits (both in-person and virtual).
- Prospect, onboard and set performance goals for new agencies, while providing training and support.
- May pre-qualify accounts as needed.
- Influence key agency partners through exceptional communication and negotiation skills.
- Collaborate with internal teams, such as, Product, Underwriting, Operations, and account teams to ensure alignment of sales strategies with broader business objectives.
- Understand Travelers Enterprise focus and seize opportunities to cross-sell Travelers products by initiating cross-functional meetings. Identify book transfer opportunities.
- Maintain extensive knowledge of competitor products and capabilities and local market trends and understand impact of state regulatory environment on agency business.
- Responsible for facilitating workshops and actively leading point of sale presentations for both internal and external audiences.
- Participate in and may lead team, cross team and/or cross business related projects.
- Utilize thorough knowledge of Travelers' systems, platforms, and sophisticated data and analytics to guide strategic sales decisions, measure performance metrics and identify opportunities for additional products and services to maintain a balanced portfolio.
- Leverage thorough knowledge of Travelers' systems and platforms to support the sales process.
- Leverage AI te
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