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 strong track record in territory management
  • In-depth knowledge of retirement plans, particularly 401k and 403b
  • Proven ability to conduct cold calls into potential client bases
  • Strong communications skills that facilitate effective client interactions
  • Strategic thinker with the capability to work independently
  • Demonstrated talent in relationship management and networking
  • Active FINRA Series 6, 63, and SIE licenses

Responsibilities

  • Develop and manage a large territory by identifying new business opportunities
  • Meet with Plan Sponsors of retirement plans through cold calling and referrals
  • Cultivate new prospects and cross-sell other product solutions
  • Reach and exceed sales goals by closing deals effectively
  • Attend client review meetings to build rapport and secure referrals from existing clients

Benefits

  • Comprehensive benefits package including medical, dental, and vision starting day one
  • 401(K) Match: Up to 6% of salary with 100% employer match
  • 8 weeks of fully paid parental leave
  • 20 days of paid time off plus two floating holidays
  • Quarterly uncapped commission structure
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]

Similar Jobs

More Jobs at Mutual of America

More Finance & Insurance Jobs

Find similar Regional Sales Director - Retirement Plan Sales jobs: