Managing Director, Employee Benefits

gregoryappel
Indianapolis, IN Full Time
POSTED ON 4/15/2024

Job Description:

Job Purpose

 The Managing Director of Employee Benefits reports directly to the Chief Revenue Officer (CRO) and is responsible for maintaining exceptional relationships with existing clients by developing winning strategies to expand current solutions offerings while identifying, pursuing, and capturing new market opportunities. The role is responsible for the development, implementation, and execution of the overall sales and growth strategy for the department. The MD is a passionate sales professional, coach, and strategist that is responsible for the sustained and profitable revenue generation of the department vertical through organic expansion and new client acquisition.

 

Job Duties

  • Hire, train, evaluate, and promote continuous development of Business Development staff and senior Sales Executive team
  • Generate, contribute to, track, and manage new sales and account strategy formulation
    • Engage interdisciplinary account teams (Operations, Finance, Marketing, Human Resources, etc.) to ensure successful workflow processes and customer support
    • Act as senior resource to Sales Executive team to include meeting with prospective, existing, and former clients to assist with sales execution, retention, and revenue acquisition
    • Promote consultative-selling, value add techniques to identify business needs, develop customized solutions, and establish "business partner" relationships at customer's C-Suite
    • Manage sales tracking, pipeline development and management, attainment of sales goals, and reporting of sales goals and results
    • Promote a healthy entrepreneur, sales growth minded environment focused on increasing market share and continued brand recognition
    • Continuous coaching and professional development of individual Sales Executive team
    • Demonstrate a history of building strategic relationships, selling, and closing complex contracts focused on demonstrating value-add solutions across customer's enterprise
  • Strong vertical knowledge with solid understanding of industry trends, solutions, and business drivers
  • Develop successful and winning sales organizational strategies resulting in enhanced market penetration and increase market share
  • Establish, manage, measure, and coach to an enterprise sales model resulting in sustained and profitable annual growth 2X of vertical markets
  • All other duties as assigned

 

Work Activities

  • Will successfully lead team and individuals to grow presence and revenue footprint in existing accounts
  • Will successfully lead team and individuals to prospect and win new business
  • Oversee, lead, hire, train, and promote continuous development of team
  • Provide coaching on the use and deployment of the CRM data entry and reporting
    • Create extensive, meaningful relationships, while establishing sales leadership and business acumen
    • Provide guidance and contribute to the strategic account planning and vertical business development and execution
    • Build strong, positive, and interactive working relationships with interdisciplinary internal teams (Operations, Finance, Marketing and Human Resources)
    • Exceptional customer facing presence and presentation skills
      • Employ solution-selling techniques to identify business needs and develop customized solutions to solve client business problems
      • Provide executive leadership in customer relationship building and management
      • Develop Sales Executives to achieve LPC attainment
      • Oversee and supervise complex contract engagements and negotiations
      • Drive and develop winning account and vertical growth strategies with Sales Executives
        • Develop, lead, and manage Carrier and vendor relationships to maximize Agency contingency and over-rides to defined measures

Salary.com Estimation for Managing Director, Employee Benefits in Indianapolis, IN
$176,693 to $246,589
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