- Location
- Lexington, KY
- Type
- Full-time
- Department
- Insurance
- Experience
- 3+ years
- Closing date
- Today
- Source
- Vincere
Description
Commercial Producer
Job Summary
Seeking a dynamic and results-driven Commercial Producer to join a team. This role is ideal for a seasoned professional with a proven track record in sales and account management. The Commercial Producer will be responsible for driving revenue growth, managing client relationships, and contributing to the overall success of the organization. This is a lucrative opportunity with a competitive compensation plan and significant earning potential.
Compensation Package
We offer a highly competitive compensation structure based on experience and performance:
- Entry-Level to Junior Licensed (3-7 years of experience): $110K–$180K base salary, $100K–$500K book of business (BoB), and a sign-on bonus of $5K–$25K.
- Experienced Professionals (7+ years of experience): $200K–$250K base salary, $500K+ BoB, and a sign-on bonus of $15K–$100K.
- Additional Incentives:
- Lookback Bonus: Bill $500K and receive a $500K bonus paid out over subsequent years.
- Commission: Competitive structure at 40/25, with room for negotiation.
Responsibilities
- Develop and execute strategic business plans to achieve and exceed revenue targets.
- Build and maintain strong relationships with clients, ensuring their needs are met with tailored solutions.
- Identify and pursue new business opportunities to expand the client base.
- Collaborate with market leads and senior leadership to align sales strategies with organizational goals.
- Utilize software tools such as AMS260 and Salesforce to manage accounts and track performance metrics.
- Stay informed about industry trends and market conditions to provide clients with expert advice.
Qualifications/Requirements
- Experience:
- Entry-Level to Junior Licensed: 3–7 years of experience in mid-market sales or account management.
- Senior-Level: 7+ years of experience with a focus on sales production rather than leadership roles.
- Skills:
- Proven ability to generate and manage a book of business ranging from $100K to $500K+.
- Strong sales acumen with a track record of meeting or exceeding revenue goals.
- Proficiency in AMS260 and Salesforce software.
- Education & Licensure: Relevant licensure or designations preferred but not mandatory.
- Other Attributes:
- Self-motivated and results-oriented with excellent communication and negotiation skills.
- Ability to work independently and as part of a team.
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Skills
SalesforceNegotiation