Inside Sales Representative

Banner Life family of companies | life insurance; Frederick (MD); Hybrid; USD 36,000 - 44,000; Full time

Job summary

Banner Life Insurance Company is seeking an Inside Sales Representative, Direct-to-Consumer, to drive term life sales through consultative, needs-based conversations with customers in a fast-paced tele-sales environment. The role reports to the Sr.

Manager, Direct-to-Consumer Sales, and offers a hybrid work model with in-office days in Frederick, MD, a base salary of 40,000 plus uncapped commissions, and comprehensive benefits.

Qualifications

• High school diploma or equivalent.
• 3+ years of contact center sales experience.
• Experience in selling life insurance products is a plus.
• Proficient in MS Office.

Responsibilities

• Handle inbound calls and outbound leads to sell term life insurance.
• Source referrals from clients and insureds.
• Meet sales and premium targets with weekly, monthly and annual cadence.
• Maintain licensing and compliance in a regulated environment.
• Complete applications and collect health and financial information for quotes.
• Maintain client records in Salesforce.
• Present needs-based analysis and recommend coverage.
• Collaborate in a hybrid in-office/remote sales environment.
• Ensure quality standards and compliance.

Skills

Interpersonal skills

Communication skills

Presentation

Negotiation

Multitasking

Education

High school diploma or equivalent

Tools

MS Office

Job description

Overview

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities, not just today but long‑term as well. Our people are the driving force behind everything we achieve. Their passion, purpose, and pursuit of innovation empower us to deliver cutting‑edge solutions that support those we serve, ensuring we are here for you, here for good and striving for better.

We’re a forward‑thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand.

By offering career development opportunities, comprehensive benefits, and programs that support your wellbeing, we help you thrive personally and professionally. We are here for you, here for good and here for better.

Position Summary

The Inside Sales Representative, Direct‑to‑Consumer Sales is a key contributor to the strategic growth agenda at Banner Life Insurance. Reporting to the Sr. Manager, Direct‑to‑Consumer Sales, the Inside Sales Representative will be responsible for selling term life products to consumers through a client‑needs‑based sales approach and attaining sales targets while contributing to overall team and business goals on a weekly, monthly and annual basis in Direct‑to‑Consumer business.

Responsibilities

• Efficiently and effectively handle a blend of inbound calls and outbound leads generated through in‑house digital marketing strategies and tactics with the goal of selling term life insurance to consumers in a tele‑sales center environment. Provide an excellent customer experience while keeping the company values at the forefront in all interactions.
• Network with potential customers and source referral leads from existing and newly insured.
• Achieve key performance indicators (Calls, Emails, Talk Time) through structured daily activity schedule. Maintain standards set by leadership as leading indicators for success.
• Meet or exceed prescribed sales and premium targets assigned individually while simultaneously contributing successfully to the overall Direct‑to‑Consumer team goal, measured weekly, monthly and annually.
• Meet or exceed quality and compliance standards and guidelines as a licensed sales agent in a highly regulated sales center environment.
• Adhere to all regulatory and compliance principles set forth by Banner Life and the insurance industry with purpose of helping Banner Life keep its standing in the industry while maintaining A+ best rating as a provider. Represent the company in the same professional manner expected of all Agents hired in Banner Life.
• Conduct a needs‑based analysis for each customer to design and recommend an effective term life insurance plan tailored for customer needs and life events.
• Promote the benefits, coverage and terms of term life product plans to potential customers. Maximize opportunities to cross‑sell and up‑sell supplemental products. Ensure customer understanding with a detailed approach to explaining company products, services, best practices, and financial strength.
• Maintain accurate knowledge of products and core competitors through market research. Acquire industry intelligence on competitor products, rates, sales, and strategies.
• Complete applications, mandatory forms and all other necessary documents to complete the sale. Obtain customer information, conduct a health assessment, non‑medical and financial risk factors required to provide a quote and finalize the sale.
• Quote and offer professional recommendation of coverage based on underwriting rating class and thorough needs analysis. Quote is subject to underwriting approval and may require resale of coverage at a different rating class.
• Maintain accurate client records utilizing Salesforce.com and other agency management systems. Able to multitask between record‑keeping system and applications needed for submittal of potential insured.
• Meet or exceed prescribed sales and premium targets assigned to the contact center sales channel while maintaining profitability and mortality margins.
• Maintain state licensing and continued education requirements to stay compliant in a regulated sales environment.
• Deliver results defined against measurable ROI through strategic innovation, performance reporting and human capital deployment.
• Use industry and market research to leverage in sales presentations while promoting Banner Life’s value proposition to potential customers. Ability to flex during potential insured presentation navigating challenging conversations while presenting Banner Life as the best potential choice for term life insurance needs.
• Define the competitive position of Banner Life products, processes and platforms within the competitive landscape of Direct‑to‑Consumer distribution.
• Participate in weekly sales meeting and performance reviews with Digital Distribution sales management.
• Complete other responsibilities as assigned by management.

Qualifications

Education

High school diploma or equivalent.

Experience/Knowledge

• 3+ years of contact center experience in contact center sales, preferably in insurance, financial services, or performance marketing sectors.
• Experience defining, designing, and recommending products and services to consumers.
• Proven track record of successful sales achievement and prescribed sales targets.
• Experience working independently and within a dynamic sales team to achieve collective sales targets.
• Proficient in MS Office (Word, Excel, PowerPoint).

Skills

• Strong interpersonal and communication skills, both written and verbal, presentation, and negotiation skills.
• Ability to thrive in a fast‑paced, high‑energy call center environment.
• Strong organizational skills with ability to multitask.
• Initiative‑taker with the ability to work independently, thrive under pressure and manage difficult issues in a professional, courteous manner.
• Strong work ethic, initiative, and the ability to accept full ownership of responsibilities.

What’s in it for you?

The compensation for this position is $40,000 annually plus commission (average total compensation including uncapped commission typically falls between $85,000 and $110,000). This role will be working in a hybrid environment requiring 3 days in office in Frederick, MD per week.

The total compensation package for this position may include other elements, such as a sign‑on bonus, long‑term incentives, and annual bonuses. This role has 10 vacation days and 10 sick days that are accrued on a bi‑weekly basis. Employees also have 9 paid holidays throughout the calendar year.

We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401(k) with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year. We’re big on professional development and we’ll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow’s leaders and growth‑focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an “at‑will” position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.