Benefits Consultant

People Corporation

$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of B2B sales experience, preferably in group benefits
  • Proven track record of meeting sales targets
  • Thorough understanding of group insurance and retirement products
  • Valid LLQP license (or willingness to obtain)
  • Post-secondary education in commerce/sales & marketing preferred
  • Experience in lead generation and closing sales in B2B settings
  • Exceptional active listening and communication skills

Responsibilities

  • Achieve sales results by identifying and qualifying leads
  • Manage the entire sales cycle for group insurance and retirement products
  • Analyze client's strategic needs and recommend options
  • Introduce clients to an Account Management team post-sale
  • Prepare and deliver presentations and proposals
  • Ensure accurate and timely tracking of sales data using CRM
  • Participate in industry events to promote services and stay updated on trends

Benefits

  • Learn by working alongside industry experts
  • Best in class total compensation package
  • Retirement savings plan with company contributions
  • Comprehensive Health & Wellness offerings
  • Mental Health support for you and your family
  • Support for achieving professional designations
  • Competitive overall compensation package
Full Job Description
Reporting to the Regional Vice President, the Benefits Consultant is responsible for growing the portfolio of Medium and Large Market clients. The Benefits Consultant is responsible for achieving sales results, finding, and qualifying leads, and bringing new business opportunities to close. The Benefits Consultant is primarily focused on Group Benefits.

The Benefits Consultant acts in a consultative business development capacity.

The Benefits Consultant is challenged to promote products and services from the broader People Corporation offerings to current and prospective clients.

The Benefits Consultant will:
  • Achieve sales results, finding, and qualifying leads, and bringing new business opportunities to close

  • Achieve approved sales goals and targets

  • Manage the end-to-end sales cycle of group insurance and retirement and/or related products

  • Actively search for and identifies new clients for products and services

  • Analyze client strategic needs and recommends options that will meet the prospective client’s needs

  • Introduce an Account Management team to work with the client post-sale and remain, where appropriate, the Client Relationship Lead

  • Present, coordinate and review all proposals and finalist materials

  • Ensure that all sales data and information is tracked accurately and in a timely manner using the CRM system

  • Prepare and deliver on-site presentations

  • Project a respectful, positive, professional image and presence to the client and industry at all times

  • Continue education to maintain a high level of knowledge of employee benefit legislation, administrative issues, plan rules, claim management and client specific procedures

  • Participate in industry conferences, seminars, etc. in order to promote services and keep abreast of industry trends and activities

  • Maintain an expert knowledge of the complete line of People Corporation products and services

  • Provide coaching and mentorship to technical/analyst team


To be successful as a Benefits Consultant with People Corporation, you will need:
  • Minimum 5 years of business to business (B2B) sales experience, preferably in the group benefits industry

  • Track record in successfully meeting sales targets and objectives

  • Thorough knowledge of group insurance, retirement and related product sales and client service and support

  • Valid and current LLQP (or willingness to obtain)

  • Post-secondary education, commerce/sales & marketing a plus

  • Experience in lead generation, stages of sales, closing and procuring new business in B2B settings

  • Exceptional active listening skills

  • Exceptional communication skills

  • Strong interpersonal skills and the projection of a professional image and style

  • Demonstrated ability to work effectively with internal service providers such as Account Team, Marketing, Underwriting and Pricing, Finance, Service Managers, Practice Leads and others

  • Valid Driver’s License and access to a vehicle

  • Availability to travel on an as needed basis

  • Excellent organizational skills and the ability to multi-task and prioritize in a fast-paced environment

  • A positive attitude and strong team player who works well with internal and external stakeholders

  • A solution and results oriented individual who demonstrates excellent problem-solving skills

  • Ability to meet deadlines and provide deliverables in a timely manner

  • A self-starter who can maintain motivation when working independently

All-star candidates will have:
  • Experience in group benefits sales

  • A valid LLQP license

  • Completion of formal sales and presentation training

  • Challenger Sales and/or Consultative Selling background

What's in it for you:
  • Learn by working alongside our experts

  • Best in class total compensation

  • A retirement savings plan with company contributions

  • A suite of Health & Wellness offerings

  • Mental Health programs and support for you and your family

  • Support achieving industry designations

  • Competitive compensation



The base salary range for this position is $80,000 - $120,000 per annum.


This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role. 

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