Nationwide Insurance

Sales Exectutive - Group Benefits

Nationwide Insurance$75K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • 2+ years of sales experience preferred
  • Effective verbal and written communication skills
  • Strong organization and time management skills
  • Ability to build relationships with various stakeholders
  • Must possess a Life/A&H license and be willing to travel
  • Must keep confidential information secure

Responsibilities

  • Build relationships with health insurance brokers via various communication methods
  • Manage the full sales cycle, including RFP execution
  • Evaluate and recruit agents as necessary
  • Guide agents on strategies for new and retained business
  • Attend relevant sales meetings and seminars with up to 20% travel
  • Utilize internal sales tracking to log activities and progress
  • Maintain consistent communication with agents about product and plan updates

Benefits

  • Paid training
  • Uncapped earning potential
  • Incentive sales trips to locations like Maui and Aspen
  • Medical, dental, and vision benefits
  • Wellness programs
  • Life and disability insurance
  • 401k with company match
  • Generous paid time off policy with holidays and additional perks
  • Employee discount program
  • Opportunities for career advancement and development
Full Job Description
The primary focus of this role is to develop relationships with licensed health insurance brokers and agencies in order to sell Nationwide's Benefit's health insurance products for groups of 2-50.

Even though we are a Fortune 100 Company, our team of 10 make our office seem much more tight-knit.

Essential Duties And Responsibilities:

Following is a summary of the essential functions for this job:
  • Target and build relationships with licensed health insurances agents/brokers via phone, email, and in person meetings (leads provided) to sell Nationwide's small group health insurance products
  • Prospect, execute RFPs, and facilitate the full sales cycle
  • Evaluate agent performance and continually recruit new agents
  • Provide guidance to agents in developing selling strategies to obtain new and retain existing business
  • Travel throughout the territory on relevant sales meetings and seminars (Up to 20%)
  • Actively utilize the internal sales tracking system to validate and record sales calls, quotes, and recruited brokers
  • Continually consult with agents throughout the sales process
  • Provide timely communication to agents on product offerings, network changes, rate changes and plan designs
  • Obtain a Life/A&H license in state of residence and any other state that the incumbent conducts business


Required Skills And Competencies:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Bachelor Degree or in-lieu of degree equivalent education, training and work-related experience
  • 2+ years of sales related experience preferred, not required
  • Must possess effective verbal and written communication skills
  • Ability to adapt to new situations and learn quickly
  • Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines
  • High degree of initiative, mature judgment, and self-motivation
  • Excellent interpersonal skills with the ability to establish working relationships with individuals at varying levels within the organization
  • Must be able and willing to travel
  • Ability to keep confidential information secured
  • Variety of computer software knowledge related to job


In addition to a phenomenal career opportunity, Nationwide Benefits offers an excellent benefits package including:
  • Paid Training
  • Uncapped earning potential
  • Average Income is $150,000. First Year Salespeople can expect to earn between $75,000 and $100,000 including their base salary.
  • Incentive Sales Trips (past trips include: Maui, Aspen, Palm Beach, Mexico, Bahamas, and San Diego)
  • Medical, Dental, Vision benefits
  • Wellness Programs
  • Life and Short/Long Term Disability Insurance
  • 401k w/ Company Match
  • Company Paid Holidays & Generous Time-off policy
  • Employee Discount Program
  • Career Advancement and Development Opportunities


Scheduling:

This role will have daily in-office expectations.

Office Location:

The hired associate must reside within 35 miles of the following location(s):

Illinois - Downers Grove, 1400 Opus Place

#LI-YA1

Job Description Summary
Are you passionate about cultivating effective relationships to drive sales growth? If you love a highly visible position where you can influence results through relationship-building and activation expertise, we want to know more about you!

As a Wholesaler, you'll be responsible for recruiting, training, educating, motivating, and maintaining national and regional broker partners to sell, service and conserve business to ensure profitable growth and to meet sales objectives established for group health small cases in an assigned market within the territory.

Job Description

Key Responsibilities:
  • Recruiting new producers, training, growth objectives for assigned producers, sales production from workplace and individual products, achievement of premium growth objectives, and the servicing and conservation of insurance in force
  • Make qualified calls on groups with producers and provide enrollment support on a new producer's first couple of accounts opened
  • Responsible for maintaining a positive working relationship with sales support, underwriting, policyholder services, billing support, compliance, commission accounting, home office personnel, and field management
  • Recruit, train, motivate and develop producers throughout assigned areas in the region
  • Contribute to effective relationships between the producers and home office departments
  • Help analyze markets and formulate recruiting programs, secure producers who will effectively produce quality premiums
  • Work with producers to help bring value to their existing book of business and develop new opportunities
  • Help implement and monitor procedures to improve persistency of business written in assigned area


Reporting Relationships: Reports to Manager or Director.

Typical Skills and Experiences:

Education: Bachelors' degree preferred.

Experience: 5 plus years of experience preferred.

License/Certification/Designation: CEBS, CLU, and/or ChFC preferred.

Knowledge, Abilities and Skills: Sales communication and relationship building skills required. Microsoft office proficiency. Strong work ethic. Ability to stay current on sales and marketing techniques and changes in state and federal law that affect the Company's sales efforts and impact the insurance industry in general. Experience in recruitment and management of insurance sales force.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager's leader and Human Resource Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not Eligible)

Working Conditions: Work from home/office sales environment. Requires minimal travel.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Hybrid Wholesaler - Group Benefits Small Market : $47,500-$80,168.40

The expected starting salary range for Hybrid Wholesaler - Group Benefits Small Market : $47,500-$47,500

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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