Mercury Insurance

Sr Commercial Sales Representative: Dallas - Fort Worth

Mercury Insurance$94K — $179K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or equivalent experience required.
  • At least 5 years in outside sales, particularly in Property & Casualty Insurance.
  • Valid driver's license with a clean driving record is necessary.
  • Strong written and verbal communication skills for effective collaboration.
  • Ability to work independently and travel extensively for in-person agency visits.

Responsibilities

  • Manage growth and profitability in a designated commercial territory.
  • Develop expertise in Mercury's Commercial products for agents' solutions.
  • Inspire agency partners towards achieving new business goals and retention rates.
  • Create and execute sales visit plans to meet financial objectives.
  • Generate consistent new business opportunities aligned with company guidelines.
  • Analyze territory sales data to identify growth prospects and improvements.
  • Collect market intelligence and provide actionable insights to management.

Benefits

  • Flexible remote work options for most positions
  • Paid time off and paid company holidays
  • Incentive bonus programs including holiday and performance bonuses
  • Comprehensive insurance coverage including medical, dental, and vision
  • 401(k) plan with company matching contributions
  • Opportunities for professional development and education assistance.
  • Health and wellbeing resources including mental health support.
Full Job Description
Position Summary:

The primary job function is to maintain and build the relationship between the Company and the agency force in an assigned outside the territory. Serves as the primary liaison to the agency force, which includes increasing sales, profitability management, training agents on Company systems, products, and processes, as well as prospecting and appointing new agency partners within their 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:

$85,871 to $162,771 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

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:
  • Responsible for the growth and profitability management of an assigned commercial territory.
  • Develops expertise in Mercury's Commercial products, platforms, and services to provide solutions for our agents.
  • Motivates and inspires assigned agency plant to achieve new business growth, a mix of business, retention, and profitability goals.
  • Creates sales visit plans and completes effective in-person sales visits within an assigned territory to drive the new business required to meet financial goals and sales calls objectives.
  • Develops a consistent flow of new business opportunities that fit Mercury's Commercial appetite and eligibility guidelines.
  • 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 agency's area of opportunity and creates 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 Mercury's Commercial programs.
  • Collaborates with internal business partners to provide a positive customer experience.
  • Assists management with special assignments outside of established responsibilities.
  • Mentors other team members or newly hired team members.
  • Other functions may be assigned


Qualifications

Education:
  • Bachelor's Degree or equivalent combination of education and experience.
  • A valid driver's license and acceptable driving record (as determined by Company policy) are required.

Experience:
  • At least 5 years of experience with outside sales and marketing, especially in the Property & Casualty Insurance industry

Knowledge and Skills:
  • Must have professional written and verbal communication skills to effectively collaborate and build relationships with agency staff and team members.
  • Must be able to interact professionally with agencies and other team members to accomplish assigned tasks.
  • Must be able to communicate effectively to support Company policies on complex issues, offer technical guidance and facilitate training sessions as needed.
  • Must be able to work independently under minimal supervision to train agencies via the phone and in-person during on-site visits.
  • Must be able to travel by airline 10% of the time for company meetings or events.
  • Must be able to travel by automobile 90% of time for on-site visits to agencies.
  • Strong organization and time management skills.
  • Ability to motivate, monitor and develop assigned agencies to maintain a knowledgeable and well-trained agency force.
  • Negotiating and mediating skills to achieve resolutions and explain Company policies.
  • Ability to analyze complex reports and multi-task assigned projects.
  • Exhibits leadership skills that are easily recognized by management and peers.
  • Must be proficient with Microsoft Office products.


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 Range

USD $94,458.00 - USD $179,048.00 /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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