What are the responsibilities and job description for the Business Development - Commercial Lines position at Provident Bank?
For more than 65 years, Provident Protection Plus has served the businesses and residents of northern New Jersey, New York and Pennsylvania. Today, we are a wholly owned subsidiary of Provident Bank, the region’s premier banking institution.
Our goal is growth in sales, marketing, and product development. We design and structure high-level insurance & risk management plans to clients within many industries. Producers earn residual income which is not transactional-one-time sales. You will sell new business and at the same time build residual income from the business you have generated in previous years. Those programs renew annually and as they do, you will continually be compensated for them.
This position may be based out of our Iselin, Augusta or Paramus office locations.
Responsibilities For Business Development - Commercial Lines
Featured Benefits
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details
$45,000 - $110,000
This position is salary plus commission based. The base salary actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. Team members earn commissions based on sales performance and/or achieving their goals.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
Our goal is growth in sales, marketing, and product development. We design and structure high-level insurance & risk management plans to clients within many industries. Producers earn residual income which is not transactional-one-time sales. You will sell new business and at the same time build residual income from the business you have generated in previous years. Those programs renew annually and as they do, you will continually be compensated for them.
This position may be based out of our Iselin, Augusta or Paramus office locations.
Responsibilities For Business Development - Commercial Lines
- Relationship building
- Sell New Business by B2B Sales
- Providing excellent customer service
- Attend network events and associations meetings
- Niche Based Learning and Training
- Conducting policy reviews & updating policies
- Handles Leads from one of the Largest Community Banks in New Jersey
- NOT COMMISSION ONLY/ compensation is DRAW BASED
- Excellent Communication/interpersonal skills
- Confident, self-starter who works well independently
- Must have ability to multi-task
- Good organizational skills
- Must be willing to obtain a Property & Casualty license
Featured Benefits
- Medical/Dental/Vision Insurance
- Flexible Savings Account
- 401(k)
- Tuition Disbursement and Reimbursement
- College Loan Pay Down Program and other great benefits
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.
Pay Details
$45,000 - $110,000
This position is salary plus commission based. The base salary actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. Team members earn commissions based on sales performance and/or achieving their goals.
Team members accrue paid time-off (PTO), receive Holiday (PTO) and are eligible to participate in the bank’s Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.
Salary : $45,000 - $110,000