Paychex

Account Executive - Retirement 401(k) Services

Paychex$55K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma required.
  • Fewer than 1 year relevant Paychex experience with successful training completion.
  • 2 years of sales or sales management experience.

Responsibilities

  • Present retirement plans and flexible spending account products to decision makers for closing sales.
  • Schedule appointments and visits to financial advisors for securing referrals.
  • Prospect new clients using various methods, including calls and seminars.
  • Analyze prospects' needs to recommend suitable products.
  • Resolve client issues promptly to ensure satisfaction and retention.
  • Complete new business paperwork and enter notes in Salesforce.com for streamlined service.
  • Project a positive image of the company in all client interactions.
  • Continue professional development and training to advance in the sales role.

Benefits

  • Comprehensive rewards including medical coverage and virtual wellness classes.
  • Flexible paid time off, company holidays, and culture days.
  • Award-winning training and development programs for career growth.
  • Inclusive company culture that values employee perspectives.
  • Paid time off for community volunteerism and local initiatives.
Full Job Description
Overview

Selling Company's products and services by developing new clients and increasing the client base to increase profits in the Human Resource Services organization.

Responsibilities

  • Presents all retirement plan and flexible spending account products and services of Paychex to final decision makers and end users within the prospect universe for the purpose of closing new sales. Leverage the Go-to-Market Sales Strategy to identify customers' needs and present the Paychex solution to key stakeholders and decision makers in accordance with the client's preference on in person or virtual interaction to increase revenue and market share.
  • Schedules appointments and visiting potential and current referral sources, specifically the financial advisor channel and registered investment advisor community to secure referrals to end users.
  • Prospects utilizing the telephone, direct mail, seminars, current client visits, or other local marketing programs directed by Sales management for the purpose of seeking new clients and referral sources.
  • Analyzes the prospects' needs and interests, determining which products are appropriate and referring to appropriate party when necessary.
  • Expedites the resolution of client problems or complaints to ensure client satisfaction and retention.
  • Completes and submits accurate new business paperwork and expense reports by agreed upon dates set by Sales management to ensure timely processing. Enters prospects, sales and client notes into Salesforce.com to ensure seamless selling and service to Paychex clients.
  • Projects a positive image in representing the Corporation to uphold Paychex' reputation to clients and the community.
  • Achieves and continually develops technical, competitive and sales skills knowledge to ensure excellence in lead generation, presentations and closing skills. Successfully completes SAFE examinations to remain current on product knowledge. Participates in training sessions and continues self-study modules to become a Senior Retirement Plan Sales Representative.
  • May be required to travel outside of geographical territory for purposes of attending Conference, training sessions and/or area regional or national meetings.

Qualifications

  • H.S. Diploma - Required
  • Less than 1 year of experience in Relevant Paychex experience and successful completion of required training programs and/or certification by senior sales management.
  • 2 years of experience in Relevant sales/sales management.


Compensation

In the spirit of pay transparency, we are excited to share that the compensation range for this position is typically between $55,000 - 115,000. This range includes base pay plus commissions but does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range

About Paychex

Paychex, Inc. is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Paychex is headquartered in Rochester, New York and has more than 100 locations across the United States and Europe.
Learn more about Paychex
Size
15,000 employees
Market Cap
$40.1 billion
Industry
Net Income
$1 billion
Founded
1971
5 Year Trend
+7.9%
Revenue
$3.9 billion
NASDAQ

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