Account Executive

Description

Job Title: Account Executive

Department: Sales
Reports To: Brooke Ballance
Location: Hybrid
Job Type: Full Time

At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member’s contributions:

• Be honest, reliable and respectful
• Think of other first
• Work together to create results
• Stand out with personal, caring service

The Account Executive, Sales is responsible for driving growth in the individual life and disability income insurance product lines by acquiring and nurturing relationships with agents and agencies, with a focus on cross-selling, upselling, and ever boarding. This individual combines a results-driven focus with a strong understanding of the sales process, leveraging exceptional communication skills and information in the CRM software effectively, to achieve sales targets.

• Develop and implement strategic sales plans to identify and engage potential agents and agencies.
• Possess strong knowledge of individual disability income and individual life insurance products, the competitive marketplace, distribution partners, tools (sales and technology) and overall sales system to develop and foster effective sale relationships.
• Build and maintain strong relationships with new and existing agents, fostering trust and loyalty.
• Educate agents on our product offering, highlighting the benefits of both life insurance and disability insurance.
• Drive revenue growth by effectively moving prospects & opportunities through the sales funnel and closing deals.
• Identify opportunities to cross-sell and upsell additional insurance products or riders to existing distribution partners, thereby maximizing revenue and enhancing customer satisfaction.
• Provide ongoing support and assistance to distribution partners, addressing any concerns or questions they may have.
• Utilize CRM software to manage leads, track interactions and optimize sales processes.
• Analyze sales data and market trends to identify opportunities for expansion and improvement.
• Respond promptly and accurately to inquiries providing expertise on products, concepts, illustrations, systems or service issues. Conduct effective situation diagnosis and follow through to address issues and drive them to resolution.
• Act as an advisor to distribution partners and develop meaningful relationships to encourage trust and loyalty, resulting in sales.
• Stay up to date on industry developments and competitor strategies to maintain a competitive edge.

Anticipated Salary: $56,675 - $73,450

We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include:

• Compressed 4 1/2-day work week (Half-Day Fridays)
• No monthly premium cost for employee medical, life and disability insurance coverage
• Paid time-off accrual, including annual rollover; and paid holidays
• Competitive 401(k) plan with immediate vesting on Company contributions
• Discounted on-site employee cafeteria
• On-site exercise facility and company-provided exercise time
• Tuition reimbursement and training incentives
• Access to voluntary dental and vision insurance coverage

• Bachelor’s degree in business administration, marketing or related field (preferred).
• Illinois Mutual approved equivalency for internal applicants.
• Proven track record of success in sales, preferably within the insurance industry.
• Strong understanding of CRM software and its applications in sales and marketing.
• Proficiency with Microsoft Office applications, including Outlook, Word, Excel, and Teams
• E…