Territory Sales Manager (Newark, NJ area)

Allstate Insurance Company

$83K — $124K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferred
  • 5+ years of experience in sales or insurance field preferred
  • Strong consultative selling skills
  • Experience with insurance administration and sales operations
  • Familiarity with independent agency channel and industry technology

Responsibilities

  • Exceed annual sales goals for new business production and premium
  • Integrate insurance products with agent technology and rating platforms
  • Develop and maintain a pipeline of new agency appointments
  • Consult with independent agents to gather market intelligence
  • Deliver on annual execution plan focusing on growth and agency engagement
  • Analyze production data to identify trends and training needs
  • Collaborate with agents to create strategic business plans

Benefits

  • Comprehensive technology setup including laptop and peripherals
  • Monthly reimbursement for internet connectivity when working from home
  • Opportunity to work remotely with a structured workspace requirement
Full Job Description
Job Description
The Territory Sales Manager is responsible for consistently exceeding agreed upon new business production, direct written premium, and loss ratio goals, and other KPIs on an annual basis by effectively managing the independent agents of an assigned market to increase company market share by driving profitable growth.

Key Responsibilities
• Position is responsible for product/user integration with industry technology and comparative rating platforms within market and assigned agencies
• Positions and promotes full suite of National General Insurance products into Independent Agency Partners to include, multiple personal auto products, homeowners, commercial vehicle, flood, and recreational vehicle & key focus on Household package coverages (based on state availability)
• Develops and maintains the assigned market's new agency appointment pipeline, supports National Accounts & Alternative Distribution Initiatives to implement corporate agreements at the local market level with large IA's driving package product growth & coach new TSM's
• Consults with Independent Agent's by having a strong knowledge of the independent agency channel, including industry competitors, major brokers and national industry associations to gather market intel to help promote and position National General products and/or make market enhancement to align with industry opportunity
• Delivers on the business unit's annual execution plan (growth, profitability, agency engagement, new appointments) for their market with focus on HH package coverages under the guidance of a Regional Sales Manager and/or Director.
• Role uses full suite of production data and reporting to identify trends, capitalize on opportunity and regularly address agency level performance including training / skill gap to execute on business plan, educating on package products to drive agency growth
• Collaborates with Independent Agents to assist with creation of agency-specific short term and long-term strategic business plans, periodically reviews and suggests adjustments as necessary to achieve results
• Collaborates with Product, Pricing, Operations to perform stakeholder (agency) and risk analysis on market related issues
• Territory Sales Manager handles increasing the quote and issuance flow of assigned market beyond the rate and UW trends filed and implemented in the market
• Key company liaison within assigned market to both independent agencies and industry associations and must be field facing 4 days per week, driving key business initiatives, maintaining accurate records of these sales activities, client interactions, and follow-ups in CRM software

Candidates must be located in the Newark, NJ area

Education
• 4 year Bachelors Degree (Preferred)

Experience
• 5 or more years of experience (Preferred)

Supervisory Responsibilities
• This job does not have supervisory duties.

Skills
Consultative Selling, Insurance Administration, Sales Administration, Sales Management, Sales Objectives, Sales Operations, Sales Territory Management, Strategic Collaboration, Strategic Selling, Territory Management

Compensation
Base Compensation: $83,260.00 - 104,080.00 - 124,900.00 plus incentives based on performance

Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.

When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

Similar Jobs

More Jobs at Allstate Insurance Company

More Finance & Insurance Jobs

Find similar Territory Sales Manager (Newark, NJ area) jobs: