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 a strong track record in territory management.
  • Deep understanding of retirement products, specifically 401k and 403b plans.
  • Comfortable making cold calls and prospecting new clients.
  • Proven ability in closing sales and building client relationships.
  • Excellent communication skills suited for various stakeholders.
  • Strategic thinker able to operate independently.
  • Active FINRA Series 6, 63, and SIE licenses required.

Responsibilities

  • Develop a territory strategy to identify and secure new business opportunities.
  • Engage with Plan Sponsors of retirement plans using diverse sales techniques.
  • Cultivate relationships and cross-sell additional products to existing clients.
  • Work collaboratively with Customer Relationship Managers for client support and sales initiatives.
  • Attend client meetings to foster introductions and enhance sales opportunities.

Benefits

  • Comprehensive health benefits starting on the first day of employment.
  • 401(K) with a generous employer match available.
  • Quarterly commission structure with uncapped earning potential.
  • 8 weeks of fully paid parental leave for new parents.
  • 20 days of paid time off plus two floating personal holidays.
Full Job Description
Mutual of America Financial Group
Job Title:
Regional Sales Director - Retirement Plan Sales Locations: Providence, RI (hybrid), Massachusetts (remote), Connecticut (Remote)

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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