Regional Sales Director - Retirement Plan Sales

Mutual of America

$90K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of B2B sales experience with demonstrated success in selling and territory management.
  • Expertise in retirement products, specifically 401(k) and 403(b) plans.
  • Proven track record of effective cold calling and prospecting.
  • Strong communication skills, both verbal and written.
  • Strategic thinker with the ability to work autonomously.
  • Excellent relationship management skills in a client-facing role.
  • Active FINRA Series 6, 63, and SIE licenses.

Responsibilities

  • Develop and manage a large sales territory to identify new business opportunities.
  • Engage with Plan Sponsors of retirement plans through cold calling, networking, and referrals.
  • Cultivate prospects within the territory and achieve sales goals by closing deals.
  • Attend client meetings alongside Customer Relationship Manager to solicit sales referrals from existing clients.
  • Cross-sell additional financial products to generate further revenue opportunities.

Benefits

  • Quarterly uncapped commission structure allowing for substantial earning potential.
  • Comprehensive benefits package starting from day one, including medical, dental, and vision coverage.
  • Generous 401(K) match with up to 6% employer match on contributions.
  • Fully paid parental leave of 8 weeks.
  • 20 days of paid vacation plus two floating holidays.
Full Job Description
Mutual of America Financial Group
Job Title:
Regional Sales Director - Retirement Plan Sales Locations: Concord, CA (hybrid)

Role Summary:

The Regional Sales Director "RSD" will represent Mutual of America Financial Group in a sales and marketing capacity to clients and prospects in an assigned territory with an emphasis on soliciting new group takeover plans and cross selling other products. The Regional Sales Director will report into the Regional Vice President and join a dedicated sales team who are full of energy, enthusiasm, and are highly driven to succeed.

Responsibilities:
  • Develop and manage a large territory, uncovering new sources of business.
  • Meeting with Plan Sponsors of 401k and 403b retirement plans through multiple strategies, cold calling, networking, and referrals.
  • Work within a geographic territory to cultivate new prospects, cross-sell solutions, reach and exceed goals by closing deals.
  • Attend client review meetings with Customer Relationship Manager (CRM) for the top five to ten clients in the RSD territory to position the RSD to ask clients for introductions and to be a reference for sales opportunities.

Required Qualifications:
  • 5 plus years of outside business-to-business sales experience with proven efficiency in selling, presenting, prospecting, and territory management
  • Knowledge of retirement products (401k and 403b plans)
  • Driven to make outbound cold calls into prospective clients
  • Demonstrated cold calling sales ability
  • Ability to effectively communicate
  • Strategic thinker who can work independently
  • Strong Relationship management building skills
  • Active FINRA Series 6, 63, and SIE.
  • Valid driver's license

Preferred Qualifications:
  • Bachelor's degree
  • Life Insurance license

What we offer you:
  • Competitive base salary
  • Quarterly uncapped commission structure
  • Comprehensive Benefits Package (medical, dental, and vision) that starts day one of employment
  • 401(K) Match: Receive up to 6% of your pay (salary and incentive compensation) with 100% employer match on employee contributions.
  • Parental Leave: 8 weeks fully paid
  • Paid time off: 20 days plus two floating personal holidays

The salary range below describes the minimum to maximum base salary range for this role. The role is also eligible for quarterly commissions (uncapped), whereby total compensation may exceed this range depending on individual and / or company performance.

Base Salary Range: $90,000 - $130,000

Visit www.mutualofamerica.com/careers for additional details about life at Mutual of America. You can also follow us on Twitter: [redacted] | Facebook: [redacted]

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