Producer (Commercial Property & Casualty Sales)

B.F. Saul Company Hospitality Group

$75K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of business development experience
  • Relevant insurance industry experience preferred
  • Bachelor's Degree required
  • State licensing required at hire or within 90 days
  • Ability to embrace failure for growth

Responsibilities

  • Lead business development efforts and collaborate with team
  • Develop strategies to meet client goals and manage expectations
  • Engage with industry associations and trade groups
  • Initiate new business opportunities and coordinate resources
  • Achieve 10% annual net growth in book of business
  • Understand client industries and keep updated on developments
  • Build strong client relationships and understand their priorities

Benefits

  • Health/Medical Insurance including Dental and Vision
  • 401(k) with company match
  • Paid time off
  • Bonus/Target Incentive
  • Tuition Reimbursement
  • Complimentary usage of in-house fitness center
  • Discounts at on-premise dining center
  • Employee Recognition Programs
  • Referral bonus
  • Pre-tax transportation options
  • More benefits available
Full Job Description
The Producer is responsible for initiating new Commercial Property & Casualty business opportunities and leading client relationships. Summary of Competitive Benefits & Perks: • Health/Medical Insurance including Dental and Vision • 401(k) with company match • Paid time off • Bonus/Target Incentive • Tuition Reimbursement • Complimentary usage of modern in-house fitness center • On-premise full-service dining center discounts • Discounts via the company's EAP • Monthly Employee Recognition Programs • Referral bonus • Pre-tax transportation options • Plus more! Duties & Responsibilities of Producer (Commercial Property & Casualty Sales): • Responsible for leading all aspects of business development; work closely with the staff and other Producers. • Team leadership - assist the team with developing strategy for client goals, manage client expectations, and clear obstacles to achieve team success • Active participation with industry associations and trade groups • Responsible for initiating new business opportunities - coordinate resources with Practice Leader • Requires 10% net growth for book of business on an annual basis • Understand our client's business and industry - seek out current news on industry, regulatory, litigation developments. • Develop a strong relationship with the client and understand their business priorities • Continually set a high standard - lead by example • Subject to the terms of the Producer Pay Plan • Negotiate fees and scope of work for clients • Conduct research on clients and prospects • Develop client ready content, speaking engagements, white papers, blog, etc. • Develop and execute annual business plan • Attend and prepare for sales meetings • Document and maintain sales tool Selection Criteria of Producer (Commercial Property & Casualty Sales): • 5 + years of business development experience • Relevant insurance industry experience is preferred • Bachelor's Degree is required • Appropriate state licensing required at time of hire or achieved within 90 days of hire date • Work really hard - let's not confuse effort with results • Embrace Failure - if you are not failing, you are not pushing your limits, and if you are not pushing your limits, you are not maximizing your potential. • Be growth oriented - want to be part of a growing business • Impact the business - deliver unexpected client results; take personal accountability • Intellectual curiosity - willingness to learn • Initiative - find practical solutions for our clients • Open to feedback - seek constant improvement; understand your strengths and opportunities for improvement • Operates with uncertainty - open to new experiences as a means of self-improvement • Teamwork - work well with others, proactively share information with colleagues • Professional manner - high standard of performance and integrity • Think strategically - make thoughtful decisions • Communication - listens well; concise and articulate in speech and writing $75,000 - $150,000 a year The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of B. F. Saul Insurance's total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, commission incentives and more.

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