Senior Insurance Sales Executive Job at Colonial Surety Company, New Jersey

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  • Colonial Surety Company
  • New Jersey

Job Description

About Colonial Surety Company

Colonial Surety Company is seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives.

This role offers a growth opportunity within the company, with the potential to lead and manage a corporate sales team across business and distribution channels, focusing on vertical initiatives, existing client relationships, and target markets.

Position Overview

The Senior Insurance Sales Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing sales initiatives, and supporting both existing and new business development efforts.

This is a home office-based position that requires travel to meet with clients, attend conventions, and participate in industry seminars.

Key Responsibilities

  • Manage corporate sales initiatives across business and distribution teams
  • Execute vertical market strategies
  • Build and maintain relationships with existing clients
  • Drive new business development in targeted markets
  • Collaborate with internal sales staff and marketing teams
  • Support and expand existing programs and initiatives
  • Attend client meetings, industry conventions, and seminars

Qualifications

  • Proven track record in commercial insurance sales to small and mid-sized businesses
  • Minimum 5 years of experience working for a medium-sized insurance agency
  • Licensed Insurance Agent
  • Strong product knowledge of:
    • Professional Liability
    • General Liability
    • Business Owner's Policy (BOP)
  • Familiarity with:
    • EPLI
    • Cyber Liability
    • Directors & Officers (D&O)
    • Fiduciary Liability
  • Experience working with agents, MGAs, and carriers/underwriting teams
  • Bachelor's degree in Finance, Business, Marketing , or related field preferred
  • Strong computer skills including MS Office, Google Business Suite and CRM familiarity

Personality & Experience Profile

  • Excellent interpersonal and collaborative skills
  • Strong ability to work with and retain existing clients
  • Entrepreneurial mindset
  • Ability to work cross-functionally with internal sales and marketing teams
  • Strong communication skills
  • Self-starter with strong organizational, planning, and time management skills
  • Intuitive, common-sense decision-making abilities
  • Motivated by exceeding targets tied to compensation plans

Compensation

  • Base Salary: $90,000 – $120,000
  • Additional Bonus Structure

A cover letter is required when applying for this position.

Job Tags

Full time, Home office

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