Job description
Commercial Producer
Job Summary
Seeking a dynamic and results-driven Commercial Producer to join our team. This role is ideal for a motivated individual with a proven track record in sales and business development. The successful candidate will play a pivotal role in driving revenue growth and building strong client relationships. If you are a self-sufficient, ambitious professional with a passion for sales, encourage you to apply.
Compensation Package
- Entry-Level to Junior Licensed (3-7 years of experience):
- Base Salary: $65,000 - $110,000
- Book of Business (BoB): Not required initially
- Sign-On Bonus: Not included
- Mid-Market (3-7 years of experience):
- Base Salary: $110,000 - $180,000
- BoB: $100,000 - $500,000
- Sign-On Bonus: $5,000 - $25,000
- Experienced Producers (7+ years of experience):
- Base Salary: $200,000 - $250,000
- BoB: $500,000+
- Sign-On Bonus: $15,000 - $100,000
Additional Benefits:
- Transition to commission-based compensation in year 3
- One-time book bonuses
- 401(k) plan
- Remote work flexibility
Responsibilities
- Develop and execute strategic business plans to achieve and exceed revenue targets.
- Build and maintain strong relationships with clients, ensuring their needs are met with tailored solutions.
- Identify and pursue new business opportunities to expand the client base.
- Collaborate with internal teams to deliver exceptional service and support to clients.
- Utilize software tools such as AMS260 and Salesforce to manage accounts and track performance.
- Stay informed about industry trends and maintain familiarity with relevant carriers.
Qualifications/Requirements
- 3+ years of experience in commercial production or a related sales role (7+ years preferred for senior positions).
- Proven ability to generate and manage a Book of Business (BoB) with a track record of revenue growth.
- Strong sales acumen with a hunger to succeed and a proactive approach to business development.
- Familiarity with AMS260 and Salesforce software is preferred.
- Excellent communication, negotiation, and interpersonal skills.
- Self-sufficient, aggressive, and quick to adapt to new challenges.
- Ability to work independently while contributing to a collaborative team environment.
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