Hybrid Insurance Consultant

Covr Financial Technologies; Boise (ID); Hybrid; USD 64,800 - 79,200; Full time

Benefits offered by this job

Paid Time Off

Medical, Dental and Vision

Employee Assistance Program

Health Savings Account (HSA)

Gym Membership discounts

Job summary

Covr Financial Technologies is seeking a Hybrid Insurance Consultant to enhance our sales team. This role involves managing insurance sales within a specified territory, providing assistance to financial advisors, and ensuring high productivity. The ideal candidate will have a Bachelor’s degree and 5+ years of life insurance sales experience, with required licenses (Series 6, 63). Other perks include a competitive compensation package, health benefits, and a flexible work environment.

Qualifications

• 5+ years life insurance sales experience with required licenses.
• Experience with field underwriting and product niches.
• Familiarity with life insurance, long-term care, and disability income.

Responsibilities

• Manage insurance sales and build relationships with financial advisors.
• Provide virtual and field assistance to advisors.
• Develop business plans to achieve sales targets.

Skills

Life insurance sales experience

Field underwriting experience

Excellent verbal communication skills

Organizational and time management skills

Knowledge of life and long-term care insurance

Education

Bachelor’s degree or equivalent

Minimum Series 6 and 63 required

Tools

SalesForce

Job description

Hybrid Insurance Consultant

Reports to: Head of National Sales

Department: Sales, National Sales Team

FLSA Status: Exempt

Work Schedule: M-F, hours subject to territory

Travel: Up to 40%

Compensation: starting base salary $72,000 plus uncapped monthly incentive bonus

Internal Job Title Reference: Hybrid Insurance Consultant (HIC)

Location: This position is located in our Hartford, CT office / may consider hybrid

Company Overview

Covr Technologies is a market leading insurance‑as‑a‑services platform (InsurTech) that simplifies the buying process for life, long‑term care, and disability insurance products sold through financial and wealth management advisors, banks, credit unions, RIAs, consumer brands and fintech channels. There are over 25,000 financial advisors using our platform and over 30,000 insurance applications completed on our platform since 2016. Our platform has processed close to $5 billion in claim benefits for end‑consumers.

Covr’s platform provides a simpler way for people to protect what matters most and a better consumer experience. We have streamlined the insurance application and underwriting process from days to minutes using A.I. technology. Covr has a dynamic and transparent work environment where we create opportunities for our employees to grow. We embrace a flexible work environment that encourages high productivity and job satisfaction. We have strong core values: Client First, Collaboration, Innovation and Fun!

Job Summary

Our team is growing and we’re adding to our sales team! This role is responsible for managing and building insurance sales within a territory of financial advisors. Advisors are from various types of firms; including broker‑dealers, banks, advisory firms and other financial institutions. Expected to be highly driven, courteous, responsive, and professional in helping advisors with identifying opportunities for life, long‑term care, and disability insurance. Provide virtual point‑of‑sales assistance to financial advisors as well as traveling into the field meeting with financial advisors and COIs. Be well versed in core sales concepts, underwriting, product specifications, and general Covr processes as it relates to all types of life insurance. This individual will be a member of Covr’s team which includes an assigned Case Manager, along with other resources to include underwriting support, advanced case design, etc.

Essential Job Functions, Duties, and Performance Responsibilities

• Provides guidance and support to financial advisors on sales concepts, insurance products, and underwriting.
• Responsible for developing business plans that achieve and exceed sales targets for assigned territory.
• Builds and maintains strong relationships with Financial Advisors in order to achieve sales targets.
• Partners closely with account management in order to advance sales within region.
• Continuously analyzes data within one’s territory to assess market changes or trends, personnel changes or relationship needs, and revises business plan (visits, trainings, etc) accordingly.
• Serves as the initial contact for problem resolution. Researches and/or elevates issues to solve problems.
• Guides financial advisors on the use of the Covr digital insurance platform.
• Well versed in core life and long‑term care insurance strategies and familiar with the solutions available in the marketplace from various insurance carriers.
• Comfortable with SalesForce or other CRM as a tool to help run an efficient practice.
• Performs other projects and tasks as assigned.

Job Specification / Qualifications

• Bachelor’s degree or equivalent work‑related experience.
• Experience with field underwriting, and product niches.
• Familiarity in life insurance, long term care, disability income, and case design.
• Life and health insurance licensed with a minimum of 5+ years of life insurance sales experience.
• Minimum Series 6 and 63 required.

Knowledge and Skills

• Knowledge of numerous carriers and different product lines a required.
• Persistent marketer with proven track record of high performance/activity.
• Demonstrated ability to accomplish multiple tasks simultaneously in a fast‑paced environment.
• Excellent attention to detail and ability to multi‑task without losing focus.
• Excellent verbal communication skills with ability to build phone‑based relationship.
• Familiar with general concepts of the financial planning and life insurance industries.
• Strong organizational and time management skills.
• Ability to work independently and exercise good judgment with professional and technical fortitude.
• Strong work ethic and high level of personal integrity and accountability.

Benefits Package

• Paid Time Off (PTO): 3 weeks to start increasing with years of service.
• Paid holiday’s – 11 days.
• Medical, Dental and Vision – 11 options to choose from for all full‑time employees, 2 plans zero premium others 80% premium paid by Covr.
• Employee Assistance Program.
• HSA employer contribution of up to $500/yr.
• Adult and child orthodontia.
• Health Savings Account (HSA) with quarterly company contributions.
• Short‑Term and Long‑Term Disability.
• Pet insurance for cats and dogs!
• Gym Membership discounts.
• Company paid Life and AD&D insurance 1 year salary, max $50,000 for all full‑time employees.
• Supplemental Life and AD&D insurance up to 6x’s salary for employee up to $2,500,000.
• Supplemental Life and AD&D plans offered for spouse up to $200,000 and dependents up to $10,000.
• Flexible Spending Accounts (FSAs): medical, dependent, parking and transit.

Covr is an equal opportunity employer and values diversity in our workforce. We encourage applications from all qualified individuals, including those with diverse backgrounds and those with disabilities. Please note that we do not provide immigration sponsorship for this position.