Commercial Lines Producer

Job Description
Commercial Lines Producer
Job Summary
Seeking dynamic and driven Commercial Lines Producers to join a team. This is a unique opportunity to join a growth-focused organization with a strong emphasis on professional development and career advancement.
Compensation Package
We offer a highly competitive and performance-driven compensation structure tailored to experience levels:

• Entry-Junior Producers : Base salary of $65,000-$110,000 (no book required).
• Mid-Market Producers (3-7 years) : Base salary of $110,000-$180,000 (book of $100,000-$500,000).
• Senior Producers (7+ years) : Base salary of $200,000-$250,000 (book of $500,000+).

Additional benefits include:

• Transition to commission-only structure in Year 3.
• Commission rates of approximately 40% for new business and 30% for renewals.
• One-time book bonuses and a lucrative $500,000 bonus for achieving $500,000 in revenue within three years (paid out over the following three years).

Responsibilities

• Develop and execute a clear prospecting strategy to build a robust sales pipeline.
• Conduct effective first meetings with prospective clients, demonstrating a strong understanding of their needs and presenting tailored solutions.
• Manage the entire sales process, from initial contact to closing deals, ensuring a structured and professional approach.
• Maintain and grow relationships with carriers and leverage market access to deliver optimal client outcomes.
• Meet or exceed revenue targets, with a focus on achieving $500,000 in revenue by Year 3.
• Utilize tools such as AMS360 and Salesforce to manage client relationships and track sales activities.

Qualifications/Requirements

• Core Traits : High-energy, authentic, sales-driven, and self-sufficient.
• Proven ability to ramp up quickly and deliver results.
• Strong technical knowledge of commercial insurance products and markets.
• Clear and structured sales philosophy, with the ability to articulate a defined approach to client meetings and prospecting.
• Coachable, adaptable, and open to feedback.
• Familiarity with carriers and market access is essential.

Preferred Experience :

• Expertise in industries such as construction, manufacturing, real estate, hospitality, habitational, energy, or transportation is highly desirable.
• Backgrounds from leading firms or MGA/Wholesale experience are welcomed.

#LI-RM8