Insurance Sales Producer

5 days ago

Arlington, Massachusetts, United States Leader Bank Full time

Description
Leader Insurance, a wholly owned subsidiary of Leader Bank, is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $2 billion.

Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.

Summary
Tired of struggling to meet your sales goals? Come join a growing and tech focused agency We make the sales process easy for you We want you to spend your time selling not bogged down with paperwork and service work

Leader Insurance is not your typical agency. We have begun to build out our digital approach to a modernized agency by bringing the financial support, tech focused culture, and white glove approach you would expect to receive from a Fintech/Insuretech company to our agency. We have leveraged Vertafore's open API tech stack for systems to deliver our clients and our team members the best service.

We are looking for a licensed Personal Insurance Sales Producer to work closely with our residential lending team on internal new purchase referrals. This will be a salaried and commissioned position.

Responsibilities

  • Respond to customer inquiries for new policies. Advise bank customers on their insurance needs. Prepare quotes for coverages and carriers appropriate to their needs.
  • Place new business with carriers in a manner that optimizes member needs and agency profitability.
  • Educate members concerning coverage selection, limitations/exclusions, and insurance products and procedures.
  • Complete new business applications and transition new insurance customers to service team.
  • Consultative approach to provide expertise to customers regarding carriers, coverage, products, systems, and procedures.
  • Be able to meet a monthly/quarterly/annual sales targets.

Qualifications

  • Property/casualty producer's license required.
  • 1 - 4 years' experience in a personal insurance sales role.
  • Working knowledge of rating and underwriting personal lines products.
  • Knowledge of property and casualty products and agency carriers.
  • Agency experience preferred.

The base salary range below represents the low and high end of the Leader Bank salary range for this position. Actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.

Salary Minimum: $40,000 - Salary Max: $60,000

The range listed is just one component of Leader Bank's total compensation package for team members. Other rewards may include annual bonuses, commissions, short- and long-term incentives, and program-specific awards. In addition, Leader Bank provides a variety of benefits to eligible team members, including health insurance coverage, a team member wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off and vacation.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.

Leader Bank is an E-Verify participant. * For more information, click on the links below:

  • E-Verify is a registered trademark of U.S. Department of Homeland Security

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