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GEICO

Sells vehicle insurance to drivers and businesses

Territory Sales Manager

Insurance Sales & AgencyConfirmed live in the last 24 hours
Full-time$97.4k - $161.9k /yr

About the Job

Requirements

  • Must be able to follow complex instructions, resolve conflicts or facilitate conflict resolution, and organize and set priorities effectively.
  • Must be able to multitask.
  • Must be able to learn and apply large amounts of technical and procedural information.
  • Prior experience driving sales results is required.
  • Must be able to perform the essential functions, with or without accommodation, including seeing, hearing, typing, and speaking.
  • Must be able to speak clearly, empathically, and professionally by phone.
  • Must adhere to GEICO’s Code of Conduct, company policies, and operating principles.
  • Must comply with GEICO’s driving standards and/or policy.
  • Must meet the attendance standard at a business location to perform necessary job functions and facilitate interaction with subordinates and management.
  • Must have a valid driver’s license and auto insurance.

Responsibilities

  • Prospect, interview, and approve new appointments to expand GEICO’s agency distribution.
  • Manage agents in a designated area using in-person, virtual, phone, and email interactions to build relationships, deliver training, and manage agency performance; implement agency program policies and procedures.
  • Analyze the territory to determine where to spend time and resources, and execute a strategic plan to achieve growth and profitability goals.
  • Apply commercial insurance knowledge—including company products, competitive placement, industry trends, sales tools, and agency technology—to deliver effective sales calls that help agencies solve problems, grow revenue, and increase the company’s value within the agency.
  • Prepare and document pre-call strategies, identify opportunities to grow company written premium, and document each sales call and agency strategy supporting the sales process.
  • Work with product management to identify opportunities and deliver competitive intelligence to improve the company’s industry position.
  • Document effective processes for prospecting, qualifying, and onboarding new commercial agencies to expand the company’s agency distribution footprint.
  • Document effective processes for training principals, agents, and representatives to improve their understanding and preference for company products and processes; provide feedback on competitive comparisons to product and strategy teams as available.
  • Monitor agent performance against action plans, identify and document needed actions, and take action as needed to help partners grow their business with the company.
  • Create and deliver annual and semiannual sales plans, regular updates, and reporting to leadership.
  • Interact with critical state and industry association groups to determine growth efforts in new and existing states.
  • Develop onboarding, training, and development plans, including mentoring, for new company sales and sales process teams.

Desired Qualifications

  • Prior experience working with independent agents is preferred.
  • A bachelor’s degree or three years of sales or relevant insurance experience is preferred.
  • Experience working with different lines of insurance, such as property and casualty, commercial, or life and health insurance, is a plus.

About the Company

GEICO

Sells vehicle insurance to drivers and businesses

GEICO sells vehicle insurance to drivers and businesses across the United States, with private passenger auto coverage at the core of its business. It handles quotes mainly through its website and phone lines, while local agencies also sell its policies. Customers pay premiums for protection against covered accidents, vehicle damage and liability, and use its app to manage policies and report claims. The GEICO Insurance Agency also arranges home, renters and life coverage written by unaffiliated insurers, expanding the choices available through its website. Founded in 1936, GEICO is owned by Berkshire Hathaway and headquartered in Bethesda, Maryland.

Company size
10,001+
Company stage
Acquired
Total funding
Not listed
Headquarters
Bethesda, MD
Founded
1936

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