Account Executive - Insurance Premium Financing - MidWest

Input 1 LLC; Chicago (IL); On-site; USD 80,000 - 130,000; Full time

Job summary

Join a dynamic and innovative team as an Account Executive in the insurance premium financing sector. This role is pivotal in driving sales growth by targeting retail agents and brokers, cultivating quality leads, and effectively communicating the benefits of premium financing services. The company fosters a collaborative and empowering work environment, emphasizing work-life balance and professional development. With a focus on integrity and respect, you will contribute to a culture of excellence while enjoying competitive compensation and comprehensive benefits. If you are ready to make an impact and thrive in a forward-thinking organization, this opportunity is for you.

Benefits

Comprehensive medical, dental, and vision insurance

401k retirement plan

Paid holidays

Vacation and sick time

Company-provided work equipment

Qualifications

• 5+ years of business development experience is preferred.
• Proficiency in Microsoft Office tools is essential.

Responsibilities

• Develop and close sales opportunities for premium finance services.
• Build strong relationships with retail insurance agents.

Skills

Business Development

Communication Skills

Relationship Management

Time Management

Problem Solving

Education

Bachelor's Degree

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

HubSpot

Job description

Job Details

Job Location: Chicago, IL

Salary Range: $80000.00 - $130000.00 Base+Commission/year

Description

Account Executive, Insurance Premium Financing

Things to Know Before Applying!

You must reside in Chicago, Detroit, or the Milwaukee area as this is a heavy travel role visiting clients in the given territory.

Please watch this video from the hiring manager to learn more! https://vimeo.com/944128992/874f3d0a2b?share=copy

Why Choose Us:

Join a dynamic and accessible executive team that values an entrepreneurial spirit, embracing a servant-leadership philosophy that seeks to create a positive and empowering work environment that fosters trust, collaboration, and the holistic development of individuals within the organization. We prioritize work-life balance, offering competitive compensation, a comprehensive benefits plan, stable commissions, and the resources necessary for your success. Our progressive work environment emphasizes recognition for business growth and fosters diversity and inclusivity.

Job Summary:

As an Account Executive for Input 1’s retail premium finance division, you will play a pivotal role in driving sales growth by targeting retail agents and brokers. Your responsibilities will include cultivating quality leads, effectively communicating the benefits of our premium financing services, and building lasting relationships within your assigned territory.

About Our Company:

gotoPremiumFinance, the retail premium finance division of Input 1, is a nationwide premium finance company for commercial, consumer and Cannabis related insurance. Deploying its industry leading technology and first-class support, gotoPremiumFinance delivers an unparalleled customer experience for the property and casualty industry.

With roots dating back to the 1950s, our company, Input 1, has evolved into the leading provider of digital billing and payment solutions for the insurance industry. Our values of integrity, compassion, and respect guide our interactions and collaborations. We foster a culture of excellence, placing knowledge, flexibility, and self-improvement at the core of our achievements.

Responsibilities:

• Develop and close sales opportunities for premium finance and digital payment services with retail insurance agents in your designated territory.
• Utilize persuasive communication skills to convey product benefits effectively to potential customers.
• Exhibit exceptional customer service by attentively addressing customer concerns and fulfilling their needs.
• Build strong relationships and networks through interpersonal skills and regular interactions.
• Implement strategic sales planning to establish and maintain productive agency channels.
• Enhance client relationships by providing a positive experience through in-person, phone, email, and virtual interactions.
• Maintain up-to-date knowledge of competitors, industry trends, and technology to serve as a reliable resource for prospects and clients.
• Collaborate with the Director of Sales and other leaders to identify solutions for client challenges and proactively assess additional needs.
• Demonstrate confidence and self-assuredness in building and sustaining successful channels.
• Engage in continuous training to refine sales techniques, manage objections, and enhance sales capabilities.

Competencies:

• Achievement Orientation
• Effective Written and Verbal Communication
• Skillful Time Management, Prioritization, and Organizational Abilities
• Strong Relationship Management
• Commitment to Continuous Learning
• Strategic Sales Planning
• Creative Problem Solving

Work Environment:

• Remote, work-from-home position.
• Regular in-person visits to retail insurance agents within the assigned territory.
• Some overnight travel within your territory, conventions and sales meetings.

Compensation and Benefits:

• $80,000/year - $130,000/year (bi-weekly pay) with unlimited commissions.
• Comprehensive medical, dental, vision, and life insurance.
• 401k retirement plan.
• 10 paid holidays.
• Vacation and sick time.
• Company-provided work equipment and potential business reimbursements.

Join our team and contribute to our legacy of excellence in providing innovative insurance premium financing solutions. Apply now to be part of a forward-thinking and inclusive work environment!

Qualifications

Qualifications:

• Preferred bachelor’s degree.
• 5+ years of business development experience.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• Familiarity with CRM applications like HubSpot or the ability to quickly learn.
• Tech-savvy and adaptable to new technologies.