Mechanics Bank · 1 day ago
Insurance Agency Manager
Spokane Valley, Washington
Full-time
Onsite
Senior Level, Lead/Staff
$88K/yr - $159K/yr
10+ years expMechanics Bank is currently searching for a full time Insurance Agency Manager to join our team at our Spokane location in Washington. The role is responsible for the successful operations, growth and profitability of the agency, managing insurance-related operational plans, and providing leadership for the Insurance Agency.
BankingFinancial ServicesWealth Management
Responsibilities
Manage the development of insurance related operational plans and programs
Report agency progress to senior management, and provide input on industry changes that affect the growth and profitability of the agency. Prepare and present a detailed annual business plan, marketing plan and budget for approval
Research and evaluate new and existing insurance products and markets that may be beneficial to the bank
Maintain relationships with insurance carriers and continually monitor effectiveness and value of current carriers
Establish and service builders risk, life insurance and commercial customers
Monitor profitability of current carriers for annuity investment products
Meet regularly with senior managers, branch managers, department managers and individuals in the bank sales field to receive feedback on customer service levels of agency agents
Provide people leadership for Insurance Agency
Recruit and develop staff to ensure proper staffing levels to meet business goals
Ensure performance management reviews and individual development plans are completed on a consistent and timely basis
Review and monitor the total compensation (merit and incentive compensation) of the staff to ensure competitiveness with the marketplace
Create a desirable and rewarding environment where teamwork is rewarded and celebrate and individuals and teams are recognized for superior performance on a regular basis
Manager the sales performance of each insurance agent and take measures to improve and support as necessary. This includes observation on sales calls, coaching and recognition
Model sales processes and techniques as well as customer advocacy
Qualification
Required
High School or GED required
10 insurance and financial service industry, with at least 5 years in sales management experience in a banking environment required
Broad experience in both the management and sale of insurance products
Demonstrated ability to resolve complex business problems while managing overall business line profitability
Proven marketing experience in direct mail, telemarketing, and web based sales
Preferred
4 Year / Bachelors Degree preferred
Securities and insurance licenses preferred
Benefits
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Company
Mechanics Bank
Mechanics Bank is a full service community bank that offers a wide range of financial services.
Founded in 1905Richmond, California, USA
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2022-09-01Acquired
2003-01-10IPO
Leadership Team
E
Edward Downer
Chairman Emeritus
Recent News
2025-10-17
Business Wire
2025-10-17
Company data provided by crunchbase