Key Responsibilities:
Team Leadership:
Recruit, train, and manage a team of insurance agents, motivating them to achieve sales goals.
Sales Management:
Develop and execute sales strategies, set and track performance targets, and ensure agents are meeting sales objectives.
Compliance:
Ensure all agents and agency operations comply with insurance regulations and company policies.
Client Relationships:
Build and maintain strong relationships with clients, addressing their needs and ensuring satisfaction.
Operations:
Oversee agency operations, including managing budgets, processing paperwork, and handling claims.
Performance Management:
Regularly review and monitor agent performance, provide feedback, and implement performance improvement plans.
Training and Development:
Provide ongoing training and development for agents, ensuring they have the skills and knowledge to succeed.
Strategic Planning:
Develop and implement strategic plans to grow the agency and expand its market share.
Market Research:
Conduct market research to identify new business opportunities and adapt sales strategies accordingly.
Compliance:
Stay informed about changes in insurance regulations and ensure the agency and its agents comply with all requirements.
Required Skills and Qualifications:
Strong leadership and management skills.
Excellent communication, interpersonal, and negotiation skills.
Knowledge of insurance products, sales strategies, and industry regulations.
Experience in managing and motivating teams to achieve sales goals.
Ability to develop and implement sales strategies.
Strong analytical and problem-solving skills.
Proficiency in Microsoft Office Suite and CRM software.
A degree in Business, Marketing, or a related field is often preferred.
Insurance certification or license may be required.