Apply on Employer Site

Principal Financial Group · 1 day ago

Managing Director - Principal Financial Network (Sioux Falls)

Sioux Falls, SD

Full-time

Onsite

Mid Level

$82K/yr - $111K/yr

4+ years exp

Principal Financial Group is a leader in financial services, and they are seeking a Managing Director to lead and consult with financial professionals. This role focuses on developing a profitable business center by attracting, training, and retaining advisors while achieving specified goals in recruiting and retention.

Financial ServicesInsurance

No H1B

Responsibilities

Develop a profitable business center by attracting, training, motivating and retaining advisors

Achieve specified goals in recruiting and retention of advisors, production, persistency, business conduct, and expense management in accordance with business center and company key objectives

Qualification

Recruiting financial advisorsSales techniquesManagement experienceCommunity relationsCLU/ChFC/CFP designationsCommunication skillsTrainingSupervisionPresentation skills

Required

Requires bachelor degree or eight years of equivalent experience

4+ years related work experience, including sales and management

Must have a broad knowledge of sales techniques, as well as regulations governing insurance and security sales

Must have good oral and written communication skills as well as good presentation skills

Must have ability to recruit, select, train, lead, manage, and supervise a diverse group of producers to meet the goals of the business center

Must be able to develop and maintain community relations

Licenses and/or exams necessary for this position include: Resident state Life/Health and Variable Annuity license; non-resident state Life/Health and Variable Annuity licensing for all non-resident states in which business will be conducted

Securities exams and IAR appointment include: Series 7 and 63 or equivalent, 24, 65 and/or 66 as required by applicable state law to become IAR with Principal Securities, Inc.'s RIA

Refer to Principal Financial Network Licensing/Exam Policy for the time frame allowed to obtain the required licenses, appointments and pass exams

Some travel required, including overnight stays (up to 15%)

Preferred

Recruiting of experienced financial advisors, strongly preferred

Chartered Life Underwriter/Chartered Financial Consultant (CLU/ChFC), Certified Financial Planner (CFP) or Chartered Leadership Fellow (CLF) designations desired

Benefits

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.

Pension Eligible

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees