Come join one of our portfolio companies - Covr !! https : / / covrtech.com

Competitive compensation (up to $110,000 in base salary, this is not a draw, commissions from $1 starting at 10% of revenue and top commission rate of 40% of revenue, and equity as part of the offer letter) and additional equity grants in Covr starting at $1 million paid premium.

COVR FINANCIAL TECHNOLOGIES OVERVIEW

Covr Financial Technologies is a well-funded, venture capital-backed company with a market leading insurance-as-a-services platform (InsurTech) that simplifies the buying process for life, long-term care, and disability insurance products sold through financial and wealth management advisors, banks, credit unions, RIAs, consumer brands and fintech channels.

There are over 25,000 financial advisors using our platform and over 30,000 insurance applications completed on our platform since 2016.

Our platform has processed close to $5 billion in claim benefits for end-consumers.

Covr’s platform provides a simpler way for people to protect what matters most and a better consumer experience. We have streamlined the insurance application and underwriting process from days to minutes using A.I. technology.

Covr has a dynamic and transparent work environment where we create opportunities for our employees to grow. We embrace a flexible work environment that encourages high productivity and job satisfaction.

We have strong core values : Client First, Collaboration, Diversity, Innovation, and Fun!

WHY COVR FINANCIAL TECHNOLOGIES

• The company has proven executive and innovation leadership team with deep insurance industry and InsurTech experience, and success leading high-growth companies and divisions.
• The company has raised over $50 million (latest was a Series B) to fuel growth plan, backed by leading venture capital firms : Allianz Life Ventures, Aflac Ventures, Commerce Ventures, Connecticut Innovations, Connectivity Capital Partners, Contour Venture Partners, Nyca Partners, and Sony IGV.
• The company has partnerships in place with over 30 of the top insurance carriers (multiple Fortune 500 companies) to offer a range of insurance products on the platform.
• Sales customers include Morgan Stanley, Citizens Bank, Key Bank, BNP Paribas, and more!
• The company is commercially viable and disruptive, and annual revenue has increased over 40% in the last 2 years.

REGIONAL INSURANCE CONSULTANT

Our team is growing and we’re adding to our sales team! This role is a perfect opportunity for someone that is wanting to get off the road and work virtually out of our Hartford, CT office location.

This role is responsible for providing exceptional service to financial advisors and serves as a hybrid role between both an External Wholesaler and Internal Wholesaler position.

This role is responsible for managing and building insurance sales within a territory of financial advisors. Advisors are from various types of firms;

including broker-dealers, banks, advisory firms and other financial institutions.

Reporting to the Head of National Sales, you will be highly driven, courteous, responsive, and professional in helping advisors with identifying opportunities for life, long-term care, and disability insurance.

Provide virtual point-of-sales assistance. Be well versed in core sales concepts, underwriting, product specifications, and general Covr processes as it relates to all types of life insurance.

You will be a member of Covr’s team which includes an internal partners, assigned Case Manager, as well as access to Covr’s Director of Underwriting, Director of Long-Term Care and Advanced Planning Team.

ESSENTIAL JOB FUNCTIONS, DUTIES, AND PERFORMANCE RESPONSIBILITIES :

• Advises financial advisors on sales concepts, insurance products, and underwriting.
• Responsible for developing business plans that achieve and exceed sales targets for assigned territory.
• Builds and maintains strong relationships with Financial Advisors in order to achieve sales targets.
• Partners closely with account management in order to advance sales within region.
• Continuously analyzes data within ones territory to assess market changes or trends, personnel changes or relationship needs, and revises business plan (visits, trainings, etc) accordingly.
• Serves as the initial contact for problem resolution. Researches and / or elevates issues to solve problems.
• Leverages the Company’s expertise by working effectively with areas such as Product Management, Advanced Sales, etc.
• Guides financial advisors on the use of the Covr digital insurance platform.
• Provides insurance quotes and case design to financial advisors and their clients for life insurance, disability income and asset based long term care
• Well versed in core life and long-term care insurance strategies and familiar with the solutions available in the marketplace from various insurance carriers
• Comfortable with SalesForce or other CRM as a tool to help run an efficient practice
• Performs other projects and tasks as assigned.

JOB SPECIFICATION / QUALIFICATIONS :

• Bachelor’s degree or equivalent work-related experience
• Experience with field underwriting, and product niches
• Familiarity in life insurance, long term care, disability income, and case design
• Life and health insurance licensed with a minimum of 5 years of life insurance sales experience
• Minimum Series 6 and 63 required

Knowledge and Skills :

• Knowledge of numerous carriers and different product lines a required
• Persistent marketer with proven track record of high performance / activity
• Demonstrated ability to accomplish multiple tasks simultaneously in a fast-paced environment
• Excellent attention to detail and ability to multi-task without losing focus
• Excellent verbal communication skills with ability to build phone-based relationship
• Familiar with general concepts of the financial planning and life insurance industries
• Strong organizational and time management skills
• Ability to work independently and exercise good judgment with professional and technical fortitude
• Strong work ethic and high level of personal integrity and accountability

BENEFITS PACKAGE :

We offer a competitive benefits package :

• Paid Time Off (PTO) : 3 weeks to start increasing with years of service
• Paid holiday’s 11 days!
• NEW - Downtown parking subsidy
• NEW - Summer Hours Program
• Employee Assistance Program
• HSA employer contribution of up to $800 / yr
• Adult and child orthodontia
• Health Savings Account (HSA) with quarterly company contributions
• Short-Term and Long-Term Disability
• NEW - Pet insurance for cats and dogs!
• NEW - Gym membership discounts
• 401(k) with company match starting at 3% for the first 3%, and 50% of the next 2%
• NEW LIMITS - Company paid Life and AD&D insurance 1 year salary, max $50,000 for all full-time employees.
• NEW LIMITS - Supplemental Life and AD&D insurance up to 6x’s salary for employee up to $2,500,000
• NEW LIMITS - Supplemental Life and AD& D plans offered for spouse up to $200,000 and dependents up to $10,000
• Flexible Spending Accounts (FSAs) : medical, dependent, parking and transit

Last updated : 2024-05-20