Mercury Insurance

Sr Sales Representative(San Jose/San Francisco)

Mercury Insurance$83K — $161K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent industry experience
  • Valid driver's license and acceptable driving record
  • 5+ years of sales experience
  • 3+ years in Property & Casualty insurance
  • Strong professional communication skills
  • Analytical skills for data interpretation
  • Ability to work independently with minimal supervision.

Responsibilities

  • Plan and execute weekly sales calls for assigned agencies.
  • Provide management with feedback on market conditions.
  • Respond to agent inquiries and concerns in a timely manner.
  • Vet potential agency prospects for relationships.
  • Assist with management tasks and special assignments.
  • Develop and maintain a robust pipeline of agency prospects.
  • Train and mentor new team members as needed.

Benefits

  • Competitive compensation
  • Work-from-home flexibility for most roles
  • Generous paid time off including holidays and volunteer hours
  • Incentive bonus programs
  • Comprehensive health insurance options
  • 401(k) plan with company match
  • Promotion opportunities
  • Educational assistance and professional development
  • Recognition programs
  • Health and wellbeing resources including therapy sessions.
Full Job Description
Position Summary:

The Sales Rep is responsible for managing and developing a sales territory consisting of Independent Agencies of more complex profiles. Responsibilities include building relationships with agencies, optimizing growth potential of assigned agencies, prospecting and appointing new agencies, exceeding or meeting year over year goal objectives, utilizing Mercury sales tools, developing competitor intelligence, and collaborating with team members on product, pricing, and agency management decisions.

Geo-Salary Information

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

State specific pay scales for this role are as follows:

$83,670 to $161,815 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$76,064 to $147,104 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$68,457 to $132,394 (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 $110,468.25 to $135,016.75

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:

  • Results based planning for weekly in person or virtual sales calls within assigned agency assignments.
  • Provides timely feedback and recommendations to management concerning market conditions, service levels and effectiveness of Company programs
  • Responds to telephone and written correspondence, comments, questions, and concerns from agents and/or customers.
  • Effectively identifies and vets potential agency prospects. Selects agencies where mutually beneficial relationships will produce profitable business from the agency with the Company.
  • Assists management with special assignments outside of established responsibilities.
  • Successfully completes seminars/courses to enhance contributions to the team through application of expanded knowledge and skills.
  • Assists with interviews and/or trains new hired employees as needed.
  • Responsible for profitable development of agencies within assigned agency assignments.
  • Influences agents to quote and sell Mercury products to customers.
  • Executes the sales strategy of growing Mercury market share within assigned territory.
  • Adjusts sales tactics based on company goals and climate of the industry
  • Coordinate with other team members and departments to optimize company sales goals
  • Provide mentoring and training to less experienced sales representatives
  • Maintain a well-developed pipeline of agent prospects
  • Articulates a need-based sales process that is mutually beneficial and identifies solutions to agency needs.
  • Effectively understands and considers differences and complexity with assigned agencies.
  • Completes strategic plan for assigned agencies to identify opportunities and potential challenges.
  • Shows initiative and the ability to resolve a variety of complex issues with minimal supervision.
  • Has thorough knowledge of Mercury's systems and point of sales platform and can assist agencies when needed.
  • Ensure that agency teams are fully trained.
  • Understands Mercury focus, business appetites and capitalizes on opportunities to sell Mercury products.
  • Articulates company position and seeks out business with appropriate agencies to meet objectives.
  • Drives results through regular contact with assigned agencies, utilizing effective communication backed with data and metrics to achieve a mutually agreed upon plan. Holds agency owners accountable for mutually agreed upon goals.
  • Able to communicate and explain difficult situations and achieve buy-in.
  • Provides consistent follow-up and follow through with agency partners and Mercury team members.
  • Utilizes data analytic tools to coach agents on overall performance in assigned territory
  • Successfully completes seminars/courses to enhance contributions to the team through application of expanded knowledge and skills.
  • May assist in the hiring process and in training of new team members.
  • Gathers competitor intel
  • May require attendance to group conventions and/or tradeshows.
  • Perform other duties as assigned.


Qualifications

Qualifications/Competencies:

Education:

Minimum:
  • Bachelor's degree or equivalent industry experience
  • Valid driver's license and acceptable driving record (as determined by Company policy) required.

Experience:

Minimum:
  • At least 5 years of experience of sales with at least 3 years of Property & Casualty insurance industry experience required


Knowledge and Skills:
  • Must have strong, professional written, phone and virtual communication skills to effectively collaborate and build relationships with agency staff and team members.
  • Must be comfortable in participating in video conference calls as needed.
  • Must be able to interact professionally with agencies and other team members to accomplish territory goals.
  • Must be able to communicate effectively to support Company policies on complex issues, offer technical guidance and facilitate training sessions as needed.
  • Analytical- understand and interpret data
  • Business agility; can pivot and adjust quickly
  • Creative and Resourceful
  • Must be able to work independently under minimal supervision to train agencies virtually 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.
  • Must be proficient with Microsoft Office products.
  • Working knowledge of CRM system(s)


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 $83,670.00 - USD $161,815.00 /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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