- Salary
- $65k – $180k
- Location
- Indianapolis, IN
- 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 is an exciting opportunity for a seasoned professional to contribute to a growth and success. The ideal candidate will have a proven track record in commercial production, a strong understanding of general accounts, and the ability to develop and execute effective business strategies. This role offers a lucrative compensation plan and the chance to work with a team of experienced professionals in a thriving industry.
Compensation Package
We offer a competitive compensation structure based on experience and performance:
- Entry-Level to Junior Licensed (3-7 years of experience): $65,000 - $180,000 annually, with a book of business (BoB) ranging from $100K to $500K. Sign-on bonuses range from $5,000 to $25,000.
- Senior-Level (7+ years of experience): $200,000 - $250,000 annually, with a BoB of $500K. Sign-on bonuses range from $15,000 to $100,000.
- Additional Benefits:
- 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 maintain strong relationships with clients, ensuring their needs are met with tailored solutions.
- Drive revenue growth by identifying and securing new business opportunities.
- Collaborate with market leads and senior management to align strategies and achieve business objectives.
- Utilize software tools such as AMS260 and Salesforce to manage accounts and track performance.
- Prepare and present business plans to demonstrate strategic approaches to achieving goals (optional but preferred).
- Stay informed about industry trends and best practices to maintain a competitive edge.
Qualifications/Requirements
- Experience:
- Entry-Level to Junior Licensed: 3-7 years of experience in commercial production or a related field.
- Senior-Level: 7+ years of experience with a proven track record of success in sales production.
- Licensure/Designations: Relevant certifications or licenses are preferred but not mandatory.
- Technical Skills: Proficiency in AMS260 and Salesforce software.
- Soft Skills: Strong communication, negotiation, and relationship-building abilities.
- Preferred Background: Candidates with experience at USI or similar organizations are highly desirable.
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