Senior Business Development Leader

23 hours ago


Downers Grove, Illinois, United States Principal Financial Group Full time
About the Role

We are seeking a highly skilled and experienced Senior Business Development Leader to join our team at Principal Financial Group. As a key member of our leadership team, you will be responsible for leading and consulting with financial professionals to help them build their skills and grow their practice.

Key Responsibilities
  • Develop a profitable business center by attracting, training, motivating, and retaining financial advisors.
  • Achieve specified goals in recruiting and retention of advisors, production, persistency, business conduct, and expense management in accordance with business center and company key objectives.
Requirements
  • Requires a bachelor's degree or eight years of equivalent experience.
  • 4+ years related work experience, including sales and management.
  • Must have a broad knowledge of sales techniques, as well as regulations governing financial services.
  • Must have good oral and written communication skills, as well as good presentation skills.
  • Must have the ability to recruit, select, train, lead, manage, and supervise a diverse group of financial professionals to meet the goals of the business center.
  • Must be able to develop and maintain community relations.
  • Chartered Life Underwriter/Chartered Financial Consultant (CLU/ChFC), Certified Financial Planner (CFP) or Chartered Leadership Fellow (CLF) designations desired.
  • Some travel required, including overnight stays (up to 15%).
Licenses and/or Exams
  • Resident state Life/Health and Variable Annuity license; non-resident state Life/Health and Variable Annuity licensing for all non-resident states in which business will be conducted.
Securities Exams and IAR Appointment
  • Series 7 and 63 or equivalent, 24, 65 and/or 66 as required by applicable state law to become IAR with Principal Securities, Inc.'s RIA.
  • Refer to Principal Financial Network Licensing/Exam Policy for the time frame allowed to obtain the required licenses, appointments, and pass exams.
Compensation and Benefits

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances, a bonus plan, whereby total compensation may far exceed base salary depending on individual performance.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly): $100,100 - $135,300

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal, or short-term illness.

Pension Eligibility

Yes



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