- Salary
- $47k – $66k
- Location
- Peoria, IL, United States of America
- Type
- Full-time
- Department
- Sales
- Seniority
- Entry
- Source
- Workday
Description
About Us
We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us.
RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company.
Position Purpose
Under occasional supervision, develops and manages transactional sales opportunities for a defined region through a combination of in-person selling, remote relationship building, and closing on new opportunities. Provide ongoing account management and problem solving, along with finding new opportunities to up-sell and cross-sell to agents within the region. Gathers and analyzes market intelligence on competitors, performs audits, and attend various meeting and industry functions as needed.
Principal Duties & Responsibilities
Manage, build, and promote insurance products within an assigned market.
Identify and close on sales opportunities through a combination of in-person and remote selling in order to successfully market and grow insurance product premiums.
Determine potential opportunities for new business, add-on or cross-selling business, and maintain future opportunities.
Develop long-term relationships and repeat business by understanding the problems, challenges, and needs of key agents and developing solutions to address these issues.
Identify prospects through various lead generation activities.
Manage one-on-one customer meetings, both in person and remotely, with customers to explain services and train their staff on our technology.
Maintain quality service by establishing and enforcing organizational standards.
Prepare reports by collecting, analyzing, and summarizing information.
Monitor and report on competitive changes in the marketplace including changes to rate, product, underwriting, and agency compensation models.
Assist in special projects and other duties as needed.
Education & Experience
Prefers a bachelor’s degree in marketing, insurance, or a related field and 0-2 years of experience in a similar field or position.
Knowledge, Skills, & Competencies
Demonstrated ability to achieve sales objectives.
Ability to build, foster and maintain positive, professional customer relationships.
Excellent interpersonal communication and presentation skills
Problem solving and conflict resolution capabilities.
Willingness to develop in depth understanding of RLI business.
Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and customers.
Ability to communicate findings and recommendations to management on insurance sales matters.
Creativity in solving issues and problems.
Compensation Overview
The base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future.
Base Pay Range
$46,747.00 - $65,563.00Total Rewards
At RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.
Financial Incentives
Annual bonus plans
Employee stock ownership plan (ESOP)
401(k) — automatic 3% company contribution
Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
Work & Life
Paid time off (PTO) and holidays
Paid volunteer time off (VTO) to support our communities
Parental and family care leave
Flexible & hybrid work arrangements
Fitness center discounts and free virtual fitness platform
Employee assistance program
Health & Wellness
Comprehensive medical, dental and vision benefits
Flexible spending and health savings accounts
2x base salary for group life and AD&D insurance
Voluntary life, critical illness, & accident insurance for purchase
Short-term and long-term disability benefits
Personal & Professional Growth
RLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:
Training & certification opportunities
Tuition reimbursement
Education bonuses