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 track record in prospecting and territory management
  • Solid understanding of retirement products, specifically 401k and 403b plans
  • Proficient in making cold calls and generating leads
  • Excellent communication skills for effective client interactions
  • Demonstrated ability to build strong relationships
  • Strategic thinker with the capacity to work independently
  • Possession of valid FINRA Series 6, 63, and SIE licenses

Responsibilities

  • Develop a comprehensive territory to source new business opportunities
  • Engage with Plan Sponsors of 401k and 403b retirement plans through various outreach methods
  • Cultivate relationships with prospects and cross-sell company solutions
  • Achieve sales goals by closing deals within the assigned territory
  • Collaborate with the Customer Relationship Manager during client review meetings
  • Leverage client introductions to generate sales leads
  • Conduct in-person meetings and presentations in the assigned geographic area

Benefits

  • Competitive base salary
  • Quarterly uncapped commission structure
  • Comprehensive benefits package featuring medical, dental, and vision coverage starting on day one
  • 401(K) plan with up to 6% employer match on employee contributions
  • Fully paid parental leave for 8 weeks
  • Generous PTO of 20 days plus two floating holidays
Full Job Description
Mutual of America Financial Group
Job Title:
Regional Sales Director - Retirement Plan SalesLocations: Must reside in Southern NJ, Pennsylvania, Maryland, or DC

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.
  • Driving is an essential function of this position and a business necessity because the employee must regularly drive to client and prospective-client locations throughout the assigned sales territory to conduct in-person meetings, presentations, and site visits. A valid driver's license is required.


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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