Mercury Insurance

Sr Commercial Inside Sales Rep

Mercury Insurance$76K — $142K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Marketing or related fields.
  • 5-8 years of experience in sales/marketing or related insurance experience.
  • 4+ years managing a growth and profitability of a commercial insurance portfolio.
  • Valid driver's license and acceptable driving record required.
  • Exhibit strong leadership skills recognized by team and management.

Responsibilities

  • Motivate and inspire agency plant to achieve growth and profitability goals.
  • Manage growth and profitability for a commercial territory with a $25M+ premium portfolio.
  • Create and execute sales call plans for new business development.
  • Identify and develop a consistent flow of new business opportunities.
  • Analyze territory sales data and provide insights for improvement.
  • Serve as the main contact for agencies to enhance collaboration with Mercury team.
  • Collect competitive intelligence to inform management about market conditions.

Benefits

  • Competitive compensation
  • Flexibility to work from anywhere in the U.S.
  • Paid time off including vacation, sick leave, and volunteer hours
  • Incentive bonus programs including holiday and performance-based bonuses
  • Comprehensive insurance including medical, dental, vision, and life insurance.
Full Job Description
Overview

Position Summary:

A results-driven and dynamic sales professional responsible for the execution of sales strategies that are consistent with Mercury's strategic goals. The primary job function of this role is to cultivate highly effective sales relationships that drives production and profitability results within an assigned inside territory.

Geo-Salary Information

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

State specific pay scales for this role are as follows:

$76,829 to $142,213 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$69,845 to $129,284 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$62,860 to $116,356 (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 $98,568.90 to $120,473.10

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:

  • Motivates and inspires assigned agency plant to achieve new business growth, mix of business, retention, and profitability goals.
  • Responsible for the growth and profitability management of an assigned commercial territory with a portfolio of $25M or over in written premium.
  • Creates sales call plans and complete effective virtual sales calls within an assigned territory to drive the new business required to meet financial goals and sales calls objectives.
  • Develops consistent flow of new business opportunities that fit Mercury's Commercial appetite and eligibility guidelines.
  • Develops expertise in Mercury's Commercial products, platforms, and services to provide solutions for our agents.
  • Leverages financial incentives such as overrides, rewards campaigns, contingency bonus plans, and trip contests, strategically to influence agency behavior toward achieving goals.
  • Analyzes territory sales data and reports to identify areas for growth and improvement.
  • Serves as the primary point of contact for agencies in understanding and communicating with the Mercury team.
  • Implements segmentation strategy within assigned agency plant to maximize visibility.
  • Identifies individual agencys area of opportunity and create action plans collaboratively to drive improvement.
  • Collects competitive intelligence and industry trends to provide feedback and recommendations to management concerning market conditions, service levels, and effectiveness of Mercurys Commercial programs.
  • Collaborates with internal business partners to provide a positive customer experience.
  • Other functions may be assigned

Qualifications

Education:

  • Bachelors Degree in Marketing or related fields.
  • Valid drivers license and acceptable driving record (as determined by Company policy) required.

Experience:

  • 5-8 years of experience with sales and marketing or commensurate insurance experience.
  • 4 or more years of experience in growth and profitability management of a commercial insurance portfolio.
  • Equivalent combination of education and experience.

Knowledge and Skills:

Leadership & Training:

  • Exhibit leadership skills that are easily recognized by management and peers.
  • Elevates Peers and Team through contributions in special projects, Subject Matter Experts (SME) roles, sharing of ideas, and/or informal mentorships.
  • Interact professionally with agencies and other team members to accomplish assigned tasks and goals.
  • Motivate, monitor, and develop assigned agencies to maintain a knowledgeable and well-trained agency force.
  • Facilitate virtual training sessions with agencies.

Professional:

  • Proficient with Microsoft Office products.
  • Strong organization and time management skills and able to Multi-task assigned projects.
  • Analyze and interpret complex reporting.

Communication:

  • Professional written and verbal communication skills used to effectively collaborate and build relationships with agency staff and team members.
  • Communicate effectively to support Mercurys policies and offer technical guidance as needed.
  • Negotiating and mediating skills to achieve positive resolutions and explain Mercurys policies.
  • Able to travel by automobile and/or airline 5% of the time for agency/company meetings or events.
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 $76,829.00 - USD $142,213.00 /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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