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, proficient in prospecting and territory management
  • In-depth knowledge of retirement products, specifically 401k and 403b plans
  • Strong cold calling skills with a demonstrated ability in sales
  • Excellent communication ability, both written and verbal
  • Strategic thinker capable of working independently
  • Proven relationship-building skills with clients
  • Active FINRA Series 6, 63, and SIE licenses required
  • Valid driver's license necessary for travel in assigned territory

Responsibilities

  • Develop and manage a large territory to discover new business opportunities
  • Engage with Plan Sponsors of retirement plans using cold calls, networking, and referrals
  • Cultivate new prospects and cross-sell additional solutions within the territory
  • Achieve and surpass sales goals by closing deals effectively
  • Participate in client review meetings alongside the CRM to strengthen client relationships and gain referrals

Benefits

  • Competitive base salary with an uncapped quarterly commission structure
  • Comprehensive medical, dental, and vision benefits effective from day one
  • 401(K) matching up to 6% with full employer match
  • 8 weeks of fully paid parental leave
  • 20 paid time off days plus two floating personal 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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