MassMutual

Internal Wholesale Director

Posted on: 19 Dec 2023

Springfield, MA

Job Description

The Opportunity

MassMutual Strategic Distributors is looking for an experienced and passionate Internal Wholesale Director of Sales Supportto drive results and outperform our competitors in the Internal Wholesaler market.  You should have a strong desire to broaden financial wellness and education to communities throughout the country.

The Team

The Internal Wholesale Director of Sales Supportat MassMutual Strategic Distributors leads a team of talented professionals who work with distributors in the third party/independent/broker general agent space to sell our Whole Life and Variable Universal Life, Universal Life, and Term products through financial advisors and independent agents.

MassMutual Strategic Distributors (MMSD) is MassMutual’s dedicated, third-party distribution channel focused on building on strong relationships and forging new ones with experienced financial firms and professionals. With a diverse and relevant portfolio, including whole life insurance, disability income insurance, fixed annuities, and hybrid life/long-term care insurance, MMSD is partnering with hundreds of financial firms to meet customers where they are with the financial solutions they need.

The Impact

You will be recruiting, developing, coaching, and managing a team of internal wholesalers who partner with external wholesalers in achieving and exceeding their territorial sales goals.

Key Responsibilities Include:

Deliver sales through the development and coaching of internal wholesaler sales skills, territory management and strategy execution.

Keeping current on the competitive and industry landscape as related to the product line.

Overseeing the daily operations of the team.

Managing staff in the development and implementation of departmental policies, procedures, and programs.

Ensuring compliance with both company policy and governmental regulations concerning department.

Provides feedback and insight to managing departmental structure, employee development, training, and planning.

The Minimum Qualifications

1+ year of as a Life Sales Desk Management, Life Internal Wholesale Director or people management experience

5+ years’ experience with industry knowledge of life insurance, brokerage and institutional products

Bachelor’s degree or H.S. diploma and 4+ years of sales management experience

Life & Health License

Series 6 or 7 at time of application

Series 26 at time of application or willing to obtain within 6 months of employment.

Series 63 or 66 licenses at time of application or willing to obtain within 6 months of employment

3+ years of experience working with Microsoft Office (especially Outlook, Excel & PowerPoint)

The Ideal Qualifications

Expert knowledge of Microsoft Office (especially Outlook, Excel & PowerPoint)

Demonstrated written and verbal communications, and the ability to prioritize multiple projects while making time-sensitive resource and customer decisions.

Lead a team using a demonstrated ability to hire, coach, develop, retain, and evaluate a sales team on both technical and leadership skills.

Experience with implementing process improvement opportunities with a sales team

Consistently model the ability to influence others and manage both internal and customer relationships

Compensation

$90k - $110k base salary range plus a sales-based incentive opportunity of 35% to 40% of total wages.  

What to Expect as Part of MassMutual and the Team

Regular meetings with the MMSD team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-BC1

MassMutual

Springfield, MA

MassMutual was founded on May 15, 1851. And from the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love. More than 160 years later, that commitment remains our guiding principle. It’s behind everything we do and every decision we make. It’s how we continue to deliver products and services to help our policyowners and customers achieve their financial goals, and protect those who matter most.

MassMutual is a mutual company. That means we don’t have shareholders. Instead, our members and participating policy owners are often described as sharing in our ownership. This generally means that, if you’re insured under one of MassMutual’s individual, participating whole life insurance policies, for example, you are a member entitled to vote for our Board of Directors. And if you own that participating policy, you may be eligible to share in any dividends we may declare.

As a mutual company, we operate for the benefit of our members and participating policyowners. We manage the company with a focus on their long-term interests and are not subject to the expectations of Wall Street analysts or stockholders. Throughout our history, this focus on the long-term has helped us provide financial and retirement security to millions of people. And while they're not guaranteed, we've consistently paid dividends to eligible participating policyowners since the 1860s. Our success is reflected in our financial strength ratings1, which are among the highest of any company in any industry.

 

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