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Internal Wholesaler

4 months ago

Hartford, United States Covr Financial Technologies Full time
Job DescriptionJob Description
Internal Wholesaler (Life Insurance)
REPORTS TO:  Director of Sales Operations
DEPARTMENT:  Sales
FLSA STATUS:  Exempt
WORK SCHEDULE:  M-F, Standard business hours
LOCATION:  HYBRID Hartford, CT (4 Days in office/ 1 day WFH)

COMPANY OVERVIEW:

Covr Technologies is a market leading insurance-as-a-services platform (InsurTech) that simplifies the buying process for life, long-term care, and disability insurance products sold through financial and wealth management advisors, banks, credit unions, RIAs, consumer brands and fintech channels.  There are over 25,000 financial advisors using our platform and over 30,000 insurance applications completed on our platform since 2016.  Our platform has processed close to $5 billion in claim benefits for end-consumers. 

Covr’s platform provides a simpler way for people to protect what matters most and a better consumer experience.  We have streamlined the insurance application and underwriting process from days to minutes using A.I. technology.  Covr has a dynamic and transparent work environment where we create opportunities for our employees to grow.  We embrace a flexible work environment that encourages high productivity and job satisfaction.  We have strong core values:  Client First, Collaboration, Innovation and Fun

JOB SUMMARY:

Our team is growing The Life Insurance Internal Wholesaler works in partnership with their VP, Regional Insurance Consultant to grow life insurance sales within their assigned territory.  This is largely an outbound calling position where you will educate advisors on life insurance sales ideas, assist with the use of Covr’s digital platform and build relationships with advisors. We are looking for someone that has strong phone/zoom experience with proven problem/issue resolution skills. General life insurance knowledge and ability to learn internal CRM and quoting tools is expected.

ESSENTIAL JOB FUNCTIONS, DUTIES, AND PERFORMANCE RESPONSIBILITIES:
 
  • Answer calls from Financial Advisors to assist with question on insurance products and how to submit through the Covr platform.
  • Make proactive, outbound calls to Financial Advisors with the goal of promoting insurance concepts and driving advisors to our platform to do business.
  • Refer advisors to our VP, Regional Insurance Consultants for complex sales opportunities.
  • Works in partnership with VP, Regional Insurance Consultant to grow insurance sales within assigned Account/Region.
  • Perform demos of our insurance platform over zoom.
  • Continually learns and assists in guiding financial advisors on the use of the Covr digital insurance platform.
  • Learns and assists in communicating benefits and features of various insurance products based on client needs. 
  • Performs other duties and projects as assigned.

JOB SPECIFICATIONS:

Education and Experience:
  • Bachelor’s degree and/or equivalent experience
  • Minimum of 1 year Life Insurance or Financial service industry experience
  • Life and health insurance license required/Series 6 & 63 or ability to obtain preferred.
Knowledge and Skills:
  • Go Getter, sales mentality with proven track record of high performance/activity 
  • Strong customer service skills with a strong positive phone presence
  • Excellent verbal communication skills, ability to build phone-based relationships 
  • Ability to articulate message quickly and effectively over the phone
  • Must be a self-starter and ability to learn independently through experience
  • Ability to accomplish multiple tasks simultaneously in a fast-paced environment
  • Strong work ethic and high level of personal integrity and accountability
  • Proficient in Microsoft Outlook, Word and Excel

BENEFITS PACKAGE:We offer a competitive benefits package:
  • Competitive salary with commission structure
  • Paid Time Off (PTO): 3 weeks to start, increasing with years of service
  • Paid holiday’s – 11 days
  • Medical, Dental and Vision – 80% of monthly premium paid by Covr for all full-time employees
  • Adult and child orthodontia
  • Health Savings Account (HSA) with quarterly company contributions
  • Short-Term and Long-Term Disability
  • NEW - Pet insurance for cats and dogs
  • 401(k) with company match
  • Company paid Life and AD&D insurance for all full-time employees.
  • Supplemental Life and AD&D insurance up to 5x’s salary for employee
  • Supplemental Life and AD& D plans offered for spouse and dependents
  • Flexible Spending Accounts (FSAs): medical, dependent, parking and transit

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