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Regional Sales Vice President - Group Benefits

Role overview

Qualifications

  • Bachelor's degree
  • 10 years of experience in technical sales or sales management
  • 5 years broker/agency experience required
  • Active Domiciled State Life & Health License

Responsibilities

  • Develop and maintain relationships with sales distribution partners
  • Execute marketing strategies to increase sales of producer partner business
  • Provide reporting to Senior Management and maintain CRM database
  • Represent PALIG at client meetings and industry events

Key facts

Other skills

  • Communication
  • Problem Solving
  • Organizational Skills
  • Time Management

About the company

Pan-American Life Insurance Group logo

Pan-American Life Insurance Group

Insurance

Since 1911, Pan-American Life has been dedicated to being the first-choice partner for top rated life, accident and health insurance and employee benefits for local and multi-national companies, as well as individuals seeking trusted financial security. Guided by the success and strength of its over 110-year history, PALIG has established a track record as one of the most financially sound insurance companies. The company’s heritage manifests a longstanding dedication to providing customers with innovative products and services to secure their future. PALIG employs more than 1,650 worldwide and provides top-rated life, accident and health insurance, employee benefits and financial services in 49 states, the District of Columbia (DC), Puerto Rico, and the U.S. Virgin Islands. The Group’s member companies offer individual and/or group life, accident and health insurance throughout the Americas in the United States, Latin America and the Caribbean. The Group has branches and affiliates in Costa Rica, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Panama, and 13 Caribbean markets, including Barbados, the Cayman Islands, Curacao and Trinidad and Tobago. To learn more about Pan - American Life Insurance Group, visit palig.com and to join our team, visit https://www.palig.com/about-palig/careers

Company details

Company typeLarge
IndustryInsurance
Company size1001 - 5000

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Job description

Pan-American Life Insurance Group (PALIG) is seeking a Regional Sales Vice President (RSVP) within the US Group Benefits division who will be responsible for building relationships with sales distribution partners consisting primarily of Individual Independent Producers and Regional Brokerage Firms, and achieving distribution contact activity targets through the development and execution of marketing strategies/plans that advance the PALIG brand, product portfolio and service platform. The position will be charged with proactively building sustainable relationships that promote sales to employer group markets. 

ESSENTIAL FUNCITONS:

Business Development & Strategic Partnerships:

  • Develop profitable new business opportunities and maintain existing business relationships.
  • Identify, build and manage relationships with benefit consultants, brokers and enrollment firms to expand the Pan-American presence in their business processes.
  • Serve as the executive relationship manager.
  • Build strong working relationships with senior management, home office staff, and field sales staff and assist them in building working relationships with consultants/agents/brokers/enrollment entities and PALIG’s divisional partners in understanding the needs of our customers and executing sales strategies to fulfill those needs while providing growth and profitability to PALIG.

Sales Reporting & CRM Management:

  • Provide reporting to Senior Management as requested.
  • Maintain CRM data base with required current, accurate account and producer information

Marketing Strategy & Market Intelligence:

  • Develop and execute both short- and long-term marketing strategies/business plans for the promotion of PALIG products and services to increase sales of producer partner business.
  • Keep current on business, competitor and market trends and incorporate that knowledge into strategies and initiatives, maintaining focus on continuous improvement through researching innovative, and cost-efficient business solutions.

Client Events & Professional Representation:

  • Represent PALIG at client meetings, industry events, networking functions, and business development activities.
  • Participate in client lunches, dinners, and other relationship-building events as needed.
  • Maintain a professional presence that strengthens the company's reputation and market position.

Other Duties as Assigned

KEY REQUIREMENTS & SKILLS:

  • Bachelor's degree
  • 10 years of experience in technical sales, sales management and working with national benefit brokerage, benefit consulting firms, and benefit communications and technology firms. (Four additional years of relevant experience may be substituted in lieu of degree)
  • With a minimum of five years broker/agency experience required; worksite and/or supplemental insurance experience preferred, with emphasis on large case (500+ employees) and interaction with large national brokerage and consulting firms and benefit communication (enrollment & technology) firms. 
  • Advanced knowledge of individual and group insurance product, as well as payroll allotment and IRSC 125, and workplace/voluntary benefit experience.
  • Active Domiciled State Life & Health License
  • Ability to work flexible hours, including frequent client luncheons, dinners and events
  • Bi-lingual Spanish / English preferred, not required
  • A valid driver’s license
  • 75% travel requirement within defined geography

Succes Factors:

  • Excellent verbal and written communication skills
  • Practical, positive and quick thinker
  • Have the expertise to provide solutions with creative ideas 
  • Ability to work at a fast pace and handle challenging obstacles
  • Detail oriented
  • Excellent organization and time management skills
  • Proficient in Microsoft Office.
  • Must be able to communicate effectively collaborate with internal departments and outside vendors.
  • Basic Math skills required

What We Offer:

  • Competitive compensation package (base salary & bonus incentive)
  • Comprehensive benefits, including medical, dental, 401(k), paid time off, and tuition reimbursement
  • Medical and dental coverage effective the first of the month following 30 days of service
  • Remote / Hybrid work opportunities

About Us:

Pan-American Life Insurance Group (PALIG) serves the life, accident, and health insurance needs of individuals and businesses across 49 U.S. states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands through its U.S.-based member companies—Pan-American Life Insurance Company and Pan-American Assurance Company.

At PALIG, our employees are our greatest asset. We value collaboration, trust, and the confidence of our policyholders. Our long-standing commitment to excellence continues to drive our success.

Pan-American Life is an Equal Opportunity Employer and a Drug-Free Workplace.

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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