Senior Commercial Lines Producer - Up to $500k
Location
Nationwide - Remote
Nationwide - Remote
Industry
Insurance
Insurance
Date Posted
12/19/2024
12/19/2024
Senior Commercial Lines Producer - Up to $500k
Jump on this rocket ship and create significant wealth in the P&C space with our client who is the 9th largest national group benefits and risk management insurance brokerage firm assisting organizations and individuals to simplify the process of protecting assets, offering benefits and minimizing liability. With over 200 offices and 5,000 employees across the US & Canada, they were voted, "Great Place to Work" in 2024 and one of America's Fastest Growing Private Companies" by Inc. 500. Our client was also named 6th Fastest Growing Firm, 12th Largest Personal Lines Broker, 11th largest privately-held P&C Broker and the 16th largest US Broker by Insurance Journal.
If you're looking for a challenge and ability to create significant wealth, this opportunity is for you!
The Opportunity:
- National Broker; unlimited compensation.
- Positions in: WDC Metro, Baltimore, Richmond, Charlotte/Raleigh, Atlanta, Nashville, Miami/Tampa, South Carolina.
- National team of account management and underwriters with innovative expertise in all industries.
- Client can purchase your existing book at up to 2x revenue depending on the client composition, size, and composition.
- Client can acquire your existing account management team, if necessary.
- The opportunity to earn a $250k one-time bonus if $500k (revenues) is produced at the three year mark.
- The opportunity to earn a $1M one-time bonus if $1M revenues is produced at the three year mark.
- Significant income/commissions with large client segment being supported by subject matter experts.
- Work remotely or hybrid attached to a physical office.
- Revenue growth of 25% year over year.
- Guaranteed salary during first three years with 30/30 splits from Day One.
Background Preferred:
- A demonstrated track record of selling to commercial lines (P&C) decision-makers. Ability to cross-sell into EB and/or private client is a plus.
- Ideally we are seeking producers who currently have a book of $500k with five years of commercial lines sales experience. Salary is dependent on book of business - we have paid up to $500k for the right person.
- We also welcome those with < five years of experience who have experience/connections to payroll service firms or similar who have broad networks of C-level decision-makers and COIs. We can pair you up with a senior producer to train and mentor.
- Industry specialties being sought right now include: Construction, Real Estate, GovCon, Hospitality, Marine, Technology, Professional Lines, etc.
- Needs to be a team seller willing and able to work across product lines on a collaborative basis.
- Needs to be a “hunter” and willing and able to generate new revenues
- Well developed network and COIs in your regional market is required.
- A closer – one who can both prospect and close
- Must have a fundamental understanding of self-funding
- Must be a consultative seller and NOT a transactional seller
- Excellent relationship-builder and team player
- Experience working with contact databases and related data mining
- Degree preferred
- Specific experience with local area businesses
- Community leader of heavily involved
Other essential abilities and skills:
- Excellent interpersonal and communication skills
- Bright, intelligent, direct communication style…polished
- Must be passionate about building a business from the ground up
Compensation Structure:
- Compensation based on experience and insurance sales track record.
- Bonus: Base + commission structure and other possible accelerators
- Excellent benefits –Standard Package