Business Development - Commercial Lines, Insurance

Provident Bank

Augusta (NJ)

On-site

USD 45,000 - 110,000

Full time

14 days+

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Benefits offered by this job

Flexible Savings Account
401(k)
Tuition Disbursement and Reimbursement
College Loan Pay Down Program

Job summary

Provident Protection Plus, part of Provident Bank, seeks a Business Development professional for Commercial Lines in northern New Jersey. You will build relationships, sell new business via B2B channels, and participate in network events while earning residual income from renewals.

The role offers a salary plus draw (not commission-only) with Iselin, Augusta, or Paramus as base locations, plus benefits including 401(k), tuition reimbursement, and more. Equal opportunity employer.

Qualifications

  • Excellent communication and interpersonal skills.
  • Confident, self-starter able to work independently.
  • Ability to multi-task and stay organized.
  • Willing to obtain a Property & Casualty license.

Responsibilities

  • Relationship building
  • Sell New Business by B2B Sales
  • Attend network events and associations meetings
  • Niche Based Learning and Training
  • Handles Leads from one of the Largest Community Banks in New Jersey
  • NOT COMMISSION ONLY/ compensation is DRAW BASED

Skills

Excellent communication
Interpersonal skills
Self-starter
Multi-tasking
Organizational skills
Independent work

Education

Property & Casualty license (willing to obtain)

Job description

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Business Development - Commercial Lines, Insurance

For more than 65 years, Provident Protection Plus has served the businesses and residents of northern New Jersey, New York and Pennsylvania. Today, we are a wholly owned subsidiary of Provident Bank, the region's premier banking institution.

Our goal is growth in sales, marketing, and product development. We design and structure high-level insurance & risk management plans to clients within many industries. Producers earn residual income which is not transactional-one-time sales. You will sell new business and at the same time build residual income from the business you have generated in previous years. Those programs renew annually and as they do, you will continually be compensated for them.

This position may be based out of our Iselin, Augusta or Paramus office locations.

Responsibilities for Business Development - Commercial Lines
  • Relationship building
  • Sell New Business by B2B Sales
  • Attend network events and associations meetings
  • Niche Based Learning and Training
  • Handles Leads from one of the Largest Community Banks in New Jersey
  • NOT COMMISSION ONLY/ compensation is DRAW BASED
Qualifications
  • Excellent Communication/interpersonal skills
  • Confident, self-starter who works well independently
  • Must have ability to multi-task
  • Good organizational skills
  • Must be willing to obtain a Property & Casualty license

This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this job. Reasonable accommodations may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.

Featured benefits
  • Flexible Savings Account
  • 401(k)
  • Tuition Disbursement and Reimbursement
  • College Loan Pay Down Programand other great benefits

Provident Protection Plus and Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.

$45,000 - $110,000


This position is salary plus commission based. The base salary actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. Team members earn commissions based on sales performance and/or achieving their goals.

Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.

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