Position Summary
The Producer - Employee Benefits is responsible for building strategic partnerships with agents and carriers, expanding reach and securing optimal placements. The role requires them to cultivate strong relationships and nurture existing business, while actively expanding their book through targeted outreach. They seamlessly coordinate between clients and markets, ensuring efficient service and prompt issue resolution guaranteeing accuracy, compliance, and timely delivery. They leverage their risk assessment expertise to independently place coverage, providing tailored solutions for diverse client needs.
What will your job entail?
Position Summary:
The VP of Sales – Employee Benefits, is responsible for commanding territory performance and exceeding targets, through a culture of efficiency and innovation. The role collaborates across the enterprise to grow the benefits business. They shape industry discussions, ensure unwavering compliance with regulations, mitigate potential challenges and maximize profitability.
Location:
Remote or Hybrid (based on location)
Position Responsibilities:
- Develops and executes strategic vision and direction for the offices across Benefits and Underwriting businesses. Provides strategic leadership and defines business strategies to achieve growth targets and profitability.
- Spearheads expansion and diversification initiatives and identifies new market segments and product opportunities.
- Analyzes industry trends, competitor landscape, and regulatory changes, translating insights into actionable strategies.
- Cultivates a results-oriented culture, fostering collaboration, innovation, and continuous improvement.
- Assesses regional market trends and competitor strategies, translating insights into actionable plans for growth and market share dominance.
- Champions Ryan Specialty’s brand and value proposition to brokers, manages general agents (MGA) and secures lucrative partnerships and distribution channels.
- Achieves annual budgeted growth and retention targets.
- Contributes to industry discussions and initiatives, represents Ryan Specialty’s interests and builds strong relationships with key stakeholders.
Work Experience:
Minimum of 7+ years of work experience in Commercial Insurance coverages and Employee Benefit Sales
Education:
Bachelor’s degree required
Licenses & Certifications:
Prescribed: Minimum requirements for state A&H and/or benefits licenses
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Compensation:
Target base salary range of $100,000 - $150,000 + lucrative incentive plan driven by performance.
The salary range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $100,000.00 - $125,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]
The above is intended to describe this job’s general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
