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Regional Vice President - North NJ

Protective Life is currently seeking an experienced annuity wholesaler to join our Distribution Group as a Regional Vice President to cover the independent and bank channels with the territory consisting Northern NJ.


We offer a competitive compensation package that includes a base salary, strong corporate benefit package and uncapped commission plan.


Your responsibilities include:

1.           Develop and maintain a high level of annuity production through the execution of a detailed business plan including training, motivating, and developing successful working relationships with specified Financial Institutions.

2.           Support and advocate for corporate objectives; act as a steward of company resources; and a leader within the Annuity Distribution group.

3.           Execute senior wholesaling functions in assigned geographic territories – Cultivate a successful business to attain activity and sales goals with top producers in all distribution channels.

4.           Coordinate and execute a regional business plan with Internal Wholesalers – Act as key driver to a three person sales team supporting an assigned geographic territory.  Adhere to required activity requirements aligning within territory management strategy. 

5.           Execute on specific activity expectations to maximize opportunities to grow advisor relationships and sales.

 

Qualifications include:

BS/BA Degree

5+ years of experience required in annuity wholesale distribution.

Previous external sales management is preferred. 

Proven track record of developing sales results in assigned territory.  Experience in all channels of annuity distribution is optimal. 

State Life and Health License and FINRA Series 6 and 63.


#LI-SB1

 


$65,000 - $500,000 a year
This position is a Virtual position subject to our virtual workplace standards
 
This position includes cash compensation as a part of a sales incentive plan (SIP).
 
 
 

Average salary estimate

$282500 / YEARLY (est.)
min
max
$65000K
$500000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Regional Vice President - North NJ, Protective

Are you ready to take your sales career to the next level? Protective Life is on the lookout for a talented and motivated Regional Vice President for North NJ to join our Distribution Group! In this exciting remote role, you’ll take charge of our independent and bank channels, with a focus on driving annuity production and building robust relationships with financial institutions. Your mission is to create and execute a detailed business plan that not only meets but exceeds production goals, all while training and inspiring others. As a key player representing our Annuity Distribution group, your leadership will be critical in advocating for corporate objectives and managing resources effectively. You'll be engaging with a dynamic sales team, coordinating efforts to foster successful advisor relationships and grow sales in your specific territory. To succeed in this role, you’ll need a BS/BA degree and at least 5 years of experience in annuity wholesale distribution. If you have a strong background in external sales management and a passion for motivating others, we want to hear from you! With an attractive compensation package including uncapped commissions, the earnings potential is promising. Join us at Protective Life, where your contributions will make a meaningful impact in the financial community!

Frequently Asked Questions (FAQs) for Regional Vice President - North NJ Role at Protective
What are the main responsibilities of a Regional Vice President at Protective Life?

As a Regional Vice President at Protective Life, your primary responsibilities will include developing and maintaining annuity production through detailed business planning. This involves training and motivating the sales team, establishing strong relationships with financial institutions, and executing senior wholesaling functions across your assigned territories in Northern New Jersey.

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What qualifications are needed for the Regional Vice President position at Protective Life?

To qualify for the Regional Vice President role at Protective Life, candidates should have a BS/BA degree combined with over five years of experience in annuity wholesale distribution. Previous external sales management experience is preferred. Additionally, candidates must hold a State Life and Health License along with FINRA Series 6 and 63 licenses.

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How does Protective Life support the career growth of a Regional Vice President?

Protective Life is committed to supporting the career growth of its Regional Vice Presidents by providing an extensive corporate benefit package, a competitive compensation structure, and the opportunity for uncapped commissions. Additionally, the company encourages continuous learning and professional development through training and resources.

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What is the earning potential for a Regional Vice President at Protective Life?

The earning potential for the Regional Vice President position at Protective Life can range significantly, from $65,000 to $500,000 a year. This includes a competitive base salary complemented by a strong commission plan, allowing you to thrive based on your successes in the role.

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Is the Regional Vice President role at Protective Life a remote position?

Yes, the Regional Vice President position at Protective Life is a remote role, offering flexibility while adhering to the company's virtual workplace standards. This allows for greater work-life balance and the ability to manage your territory without geographic constraints.

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Common Interview Questions for Regional Vice President - North NJ
Can you describe your experience in annuity wholesale distribution?

When answering this question, be sure to highlight specific roles or achievements in your previous positions related to annuity sales. Discuss your strategies for building relationships with financial institutions and how your efforts contributed to overall sales goals.

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What strategies do you use to motivate a sales team?

Discuss your leadership style and specific techniques you utilize to inspire a sales team, such as setting clear goals, providing incentives, and offering ongoing training and support to create an environment for success.

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How do you prioritize your tasks in a regional position?

Explain your approach to prioritization, possibly using time management techniques like the Eisenhower Matrix to distinguish between urgent and important tasks, ensuring that you address the most impactful activities for your territory.

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What methods do you employ to build relationships with financial advisors?

Share specific examples of how you’ve approached relationship-building in the past, such as routine check-ins, addressing their business needs, and offering customized solutions that align with their client servicing.

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Can you give an example of a successful business plan you've executed?

It’s effective to discuss a concrete example when answering this question. Outline the business plan's objectives, the methods used to achieve them, and the results you garnered. Be sure to quantify your success where possible.

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How do you stay informed about industry trends?

Highlight your commitment to continuous learning by discussing resources you regularly consult, such as industry publications, webinars, networking events, and professional associations relevant to annuity and finance sectors.

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What role does collaboration play in your success as a Regional Vice President?

Emphasize the importance of collaboration in sales roles. Discuss how working with internal teams or other external partners has led to successful outcomes and how collaboration fosters a more synergistic approach to achieving sales targets.

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How would you handle a conflict with a team member?

Reflect on your conflict resolution skills. Discuss a structured approach that includes active listening, open communication, and a focus on finding common ground while maintaining productivity and team morale.

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What are your long-term goals within this role?

This is your chance to express your ambitions! Share how you envision growing within Protective Life, such as aiming for higher sales goals, taking on more responsibilities, or seeking leadership roles in the future.

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Why do you want to work at Protective Life?

Tailor your answer to reflect your admiration for Protective Life's values, reputation in the industry, and commitment to innovation. Mention how those align with your own professional aspirations and values.

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Founded in 1907, Protective Life is a financial service holding company that specializes in full life insurance. Protective Life is located in Alabama.

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Full-time, remote
DATE POSTED
December 14, 2024

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