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Colonial Surety Company

Senior Insurance Sales Executive

Posted 5 months ago
$90000 - $120K per year
5-10 years experience
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AI Summary

The Senior Insurance Sales Executive is responsible for driving revenue and managing corporate sales initiatives across various distribution channels. This includes executing vertical market strategies and maintaining strong relationships with existing and new clients.

About Colonial Surety Company

Colonial Surety Company is seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives.

This role offers a growth opportunity within the company, with the potential to lead and manage a corporate sales team across business and distribution channels, focusing on vertical initiatives, existing client relationships, and target markets.

Position Overview

The Senior Insurance Sales Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing sales initiatives, and supporting both existing and new business development efforts.

This is a home office-based position that requires travel to meet with clients, attend conventions, and participate in industry seminars.

Key Responsibilities

  • Manage corporate sales initiatives across business and distribution teams
  • Execute vertical market strategies
  • Build and maintain relationships with existing clients
  • Drive new business development in targeted markets
  • Collaborate with internal sales staff and marketing teams
  • Support and expand existing programs and initiatives
  • Attend client meetings, industry conventions, and seminars

Qualifications

  • Proven track record in commercial insurance sales to small and mid-sized businesses
  • Minimum 5 years of experience working for a medium-sized insurance agency
  • Licensed Insurance Agent
  • Strong product knowledge of:
    • Professional Liability
    • General Liability
    • Business Owner’s Policy (BOP)
  • Familiarity with:
    • EPLI
    • Cyber Liability
    • Directors & Officers (D&O)
    • Fiduciary Liability
  • Experience working with agents, MGAs, and carriers/underwriting teams
  • Bachelor’s degree in Finance, Business, Marketing, or related field preferred
  • Strong computer skills including MS Office, Google Business Suite and CRM familiarity

Personality & Experience Profile

  • Excellent interpersonal and collaborative skills
  • Strong ability to work with and retain existing clients
  • Entrepreneurial mindset
  • Ability to work cross-functionally with internal sales and marketing teams
  • Strong communication skills
  • Self-starter with strong organizational, planning, and time management skills
  • Intuitive, common-sense decision-making abilities
  • Motivated by exceeding targets tied to compensation plans

Compensation

  • Base Salary: $90,000 – $120,000
  • Additional Bonus Structure

A cover letter is required when applying for this position.

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