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Preferred Mutual Insurance Company · 1 day ago

Territory Manager - New Jersey

, NJ

Full-time

Hybrid

Mid, Senior Level

$92K/yr - $130K/yr

5+ years exp

Preferred Mutual Insurance Company is focused on providing innovative insurance solutions through independent agents. The Territory Manager will develop and foster relationships within their assigned region to drive profitable growth and retention while enhancing brand recognition and reputation.

Auto InsuranceFinancial ServicesInsurance

Responsibilities

Collaborate with internal stakeholders: Foster relationships and work closely with cross-functional teams to construct and align strategies for assigned partnerships and ensure seamless execution of partnership initiatives

Cultivate agency relationships: Build and maintain strong relationships with our independent agents and their communities. This involves regular communication, attending industry, trade, business partner and community events, and fostering collaborative and mutually beneficial relationships

Drive profitable growth and retention: Collaborate with appropriate internal and external resources to develop plans to achieve mutual retention, profit, and growth goals and performance metrics for assigned distribution (agency plant)

Identify market opportunities: Through meetings, networking and other channels, conduct market research to identify opportunities to expand distribution, drive profitable growth and retention, and enhance brand recognition and reputation aligned with the company’s strategic objectives

Manage agency performance: Continuously monitor and forecast the performance of assigned distribution (agency plant) to ensure they are meeting agreed-upon objectives. This includes analyzing key performance indicators, conducting periodic reviews, and maximizing and optimizing performance

Qualification

P&C insurance experienceProfessional designationBusiness acumenAnalytical skillsTech savvyInterpersonal skillsBachelor's degreeEnterprise software proficiencyLeadershipCommunication skills

Required

Bachelor's degree strongly desired

At least one professional designation recognized within the insurance industry (i.e., CPCU, CIC, AU, etc.)

5+ years of experience in the P&C insurance industry with exposure to claims, marketing, sales, and/or underwriting within a carrier or agency

Knowledge of P&C, Commercial Lines (small commercial) and Personal Lines products, pricing, underwriting philosophies and technology along with sound knowledge of competitive landscape, industry and marketing practices, standards, and regulatory environment as well as industry associations required

Proficient in relevant enterprise tools and software (Microsoft Excel, Outlook, PowerPoint, Word and Tableau)

The chosen candidate must reside in the regional area and possess a valid driver's license and clean driving record

Benefits

Short-term disability, long-term disability, and life insurance coverage are provided at no cost

Optional benefits include enhanced life insurance and critical illness plans

401k plan with an employer contribution that you will receive regardless of your own contribution to the plan

A cash-balance pension plan

Student Loan Repayment Assistance

A short-term incentive plan for all employees

Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)

7 days of paid sick leave

10 paid company holidays

Personalized paid time off after 3 years!

Access to 26 sessions with a BetterHelp therapist each year for you and up to 5 dependents, as well as access to all of BetterHelp’s group and digital resources

Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more!

Medical, dental, and vision coverage options begin on the first day of employment

Health Savings Accounts (with a generous employer contribution!)

Company

Preferred Mutual Insurance Company

Preferred Mutual, a property and casualty insurance provider, helping more than 235,000 customers and over 500 independent agent partners Live Assured every day through superior products and unsurpassed customer service.

Founded in 1896

New Berlin, New York, USA

201-500 employees