Mercury Insurance

Sales Manager - Personal Lines

Mercury Insurance$101K — $204K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Business, Marketing, Insurance, Risk Management, or related field.
  • Preferred: MBA or relevant certifications (e.g., CPCU, CIC).
  • Minimum of 6 years sales experience in the Property & Casualty insurance industry.
  • Leadership experience preferred, with previous managerial roles in insurance sales.
  • Strong analytical, coaching, and communication skills.

Responsibilities

  • Recruit and train top talent for the Sales team.
  • Monitor performance metrics and conduct regular performance reviews.
  • Foster a culture of continuous learning through coaching and workshops.
  • Develop and execute strategic sales plans for new business growth.
  • Oversee sales pipeline management and engagement activities.
  • Analyze market trends and competitor activities to inform strategies.
  • Work closely with cross-functional teams to align sales initiatives.

Benefits

  • Competitive compensation package.
  • Work-from-home flexibility for most roles.
  • Generous paid time off and paid holidays.
  • Incentive bonus opportunities for performance.
  • Comprehensive medical, dental, vision, and life insurance.
  • 401(k) retirement savings plan with company match.
  • Engaging and supportive work environment.
  • Opportunities for promotion and professional development.
  • Education assistance programs.
  • Health and wellbeing resources available.
Full Job Description
Overview

Position Summary:

The Sales Manager plays a pivotal role in driving the growth and success of our Sales team. This position is responsible for leading the Sales function, focusing on the growth and profitability management of the Company’s agency distribution within a designated region. The manager will develop and mentor a high-performing team of Sales Representatives, implement strategic sales initiatives, and manage the sales pipeline and profitability targets for the Company.

Successful execution of the role’s key responsibilities requires possession of deep industry knowledge, strong leadership skills, and a data-driven approach to sales strategy. This role also requires collaboration with cross-functional teams to align sales efforts and enhance agency engagement, ultimately contributing to the Company’s revenue and market share growth.

 

The Sales Manager will report to the Director of Sales and be a vital contributor to achieving the organization’s overall objectives.

 

An in-person interview may be required during the hiring process.

Geo-Salary Information

An in-person interview may be required during the hiring process

 

State specific pay scales for this role are as follows:

$101,167 to $204,439 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$91,970 to $185,853 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$82,773 to $167,268 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

 

In CA: Typical hiring range is $137,522.70  to $168,083.30  

 

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:

 

Team Leadership and Development

  • Recruitment & Training: Identify and onboard top talent for the Sales team. Conduct comprehensive training programs to equip team members with product knowledge, sales techniques, and industry insights.
  • Performance Management: Monitor performance metrics and conduct regular performance reviews to provide constructive feedback and recognition.
  • Coaching & Mentorship: Foster a culture of continuous learning through one-on-one coaching sessions, team workshops, in the field ride-alongs, and role-playing exercises to enhance selling skills.

 

Sales Strategy and Execution

  • Sales Planning: Develop and execute strategic sales plans to drive new business growth. Tailor strategies based on specific agency models, opportunity, and desired outcomes.
  • Pipeline Management: Oversee the sales pipeline, ensuring effective engagement activity, platform channel, and conversion processes. 
  • Target Achievement: Monitor key performance indicators (KPIs) and sales metrics to assess team performance, adjust strategies as necessary, and ensure the achievement of targets and goals.

Market Analysis and Strategy Development

  • Industry Research: Stay abreast of market trends, competitor activities, and regulatory changes impacting the P&C insurance sector. Leverage insights to inform strategic decision-making.
  • Agent Insights: Analyze agent feedback and industry data to identify pain points and opportunities for product development or service enhancement.

Cross-Functional Collaboration

  • Collaboration with Departments: Work closely with Product, Underwriting, and Customer Service teams to align sales initiatives with targeted segments, product offerings, and service delivery.
  • Client Engagement: Build and maintain strong relationships with key agent partners to enhance agent satisfaction and loyalty. Address any issues that may arise promptly.

Reporting and Analytics

  • Data Analysis: Utilize sales analytics to track performance against targets and identify areas for improvement. Prepare regular reports for senior management, providing insights and recommendations based on data analysis.
  • Market Positioning: Monitor and evaluate the competitive landscape, adjusting sales tactics to maintain a competitive edge.

 

Qualifications

Education:

  • Minimum: Bachelor’s degree in Business, Marketing, Insurance, Risk Management, or a related field. 
  • Preferred: MBA or relevant certifications (e.g., CPCU, CIC) preferred.

Experience:

  • Minimum: Minimum of 6 years of sales experience in the Property & Casualty insurance industry.
  • Preferred: Previous managerial or leadership role leading an insurance sales team preferred.
Perks and Benefits

We offer many great benefits, including:

  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more
Pay RangeUSD $101,167.00 - USD $204,439.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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