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 outside B2B sales experience with a focus on territory management
  • Knowledgeable in 401k and 403b retirement products
  • Proficient in making cold calls to prospective clients
  • Demonstrated track record in cold calling sales success
  • Excellent communication skills
  • Strategic thinker with the ability to work independently
  • Strong skills in relationship management
  • Active FINRA Series 6, 63, and SIE license required
  • Valid driver's license necessary for client meetings.

Responsibilities

  • Develop and manage a large sales territory to generate new business
  • Meet with Plan Sponsors of 401k and 403b plans to establish connections
  • Cultivate new prospects and cross-sell additional products to achieve sales goals
  • Close sales deals by leveraging outbound calling and networking
  • Attend client review meetings alongside Customer Relationship Managers to foster relationships
  • Request introductions and references from satisfied clients for new sales opportunities

Benefits

  • Competitive base salary with uncapped quarterly commissions
  • Comprehensive benefits including medical, dental, and vision from day one
  • 401(K) matching up to 6% with 100% employer match on contributions
  • 8 weeks of fully paid parental leave
  • 20 days of paid time off plus two additional 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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