Senior Insurance Sales Executive
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Colonial Surety Company
NJ
Summary
The Senior Insurance Sales Executive is responsible for driving revenue and managing corporate sales initiatives across various distribution channels. This includes executing vertical market strategies and maintaining strong relationships with existing and new clients.
Job Description
About Colonial Surety Company
Colonial Surety Company is seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives.
This role offers a growth opportunity within the company, with the potential to lead and manage a corporate sales team across business and distribution channels, focusing on vertical initiatives, existing client relationships, and target markets.
Position Overview
The Senior Insurance Sales Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing sales initiatives, and supporting both existing and new business development efforts.
This is a home office-based position that requires travel to meet with clients, attend conventions, and participate in industry seminars.
Key Responsibilities
- Manage corporate sales initiatives across business and distribution teams
- Execute vertical market strategies
- Build and maintain relationships with existing clients
- Drive new business development in targeted markets
- Collaborate with internal sales staff and marketing teams
- Support and expand existing programs and initiatives
- Attend client meetings, industry conventions, and seminars
Qualifications
- Proven track record in commercial insurance sales to small and mid-sized businesses
- Minimum 5 years of experience
working for a medium-sized insurance agency - Licensed Insurance Agent
- Strong product knowledge of:
- Professional Liability
- General Liability
- Business Owner’s Policy (BOP)
- Familiarity with:
- EPLI
- Cyber Liability
- Directors & Officers (D&O)
- Fiduciary Liability
- Experience working with agents, MGAs, and carriers/underwriting teams
- Bachelor’s degree in Finance, Business, Marketing, or related field preferred
- Strong computer skills including MS Office, Google Business Suite and CRM familiarity
Personality & Experience Profile
- Excellent interpersonal and collaborative skills
- Strong ability to work with and retain existing clients
- Entrepreneurial mindset
- Ability to work cross-functionally with internal sales and marketing teams
- Strong communication skills
- Self-starter with strong organizational, planning, and time management skills
- Intuitive, common-sense decision-making abilities
- Motivated by exceeding targets tied to compensation plans
Compensation
- Base Salary: $90,000 – $120,000
- Additional Bonus Structure
A cover letter is required when applying for this position.
Colonial Surety Company is a direct insurance company focusing on business liability insurance. We offer everything a business owner needs, from their license bond, ERISA fidelity bond, and complete circle liability protection, including cyber, harassment (EPLI), professional liability insurance, and so much more. Want to Partner? We have free Partnership Accounts® for Attorneys needing court and fiduciary bonds for their clients, Pension Professionals needing ERISA fidelity bonds for their clients, and even Insurance Agents who want to move their clients along with niche policies. Just visit us and sign up for a free dashboard today and start letting us help you run your business or increase your client base.
1. Quick Digital Process
We offer a streamlined purchase process that allows you to purchase bonds and insurance online instantly.
2. Direct Insurer
Get the convenience and cost savings of purchasing coverage straight from the source in all 50 U.S. states and territories.
3. Innovative Products
We’re the only company to offer cost-effective surety, fidelity bonds and instant insurance products, i-bonds® and i-insurance®, for you to obtain at the click of a button.
4. Deep Expertise
Our customer service reps and support attorneys have decades of experience in bonding and insurance.
5. Trustworthy
Established in 1930, we’re rated "A" Excellent by AM Best Company, Treasury listed in all 50 states and U.S. territories, and approved by the Department of Labor, so you can count on compliance.
6. Partnership Focused
We offer powerful client management tools and programs from our business partners.
Founded
1930
Company size
11-50 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Woodcliff Lake, NJ
Colonial Surety Company is a direct insurance company focusing on business liability insurance. We offer everything a business owner needs, from their license bond, ERISA fidelity bond, and complete circle liability protection, including cyber, harassment (EPLI), professional liability insurance, and so much more. Want to Partner? We have free Partnership Accounts® for Attorneys needing court and fiduciary bonds for their clients, Pension Professionals needing ERISA fidelity bonds for their clients, and even Insurance Agents who want to move their clients along with niche policies. Just visit us and sign up for a free dashboard today and start letting us help you run your business or increase your client base.
1. Quick Digital Process
We offer a streamlined purchase process that allows you to purchase bonds and insurance online instantly.
2. Direct Insurer
Get the convenience and cost savings of purchasing coverage straight from the source in all 50 U.S. states and territories.
3. Innovative Products
We’re the only company to offer cost-effective surety, fidelity bonds and instant insurance products, i-bonds® and i-insurance®, for you to obtain at the click of a button.
4. Deep Expertise
Our customer service reps and support attorneys have decades of experience in bonding and insurance.
5. Trustworthy
Established in 1930, we’re rated "A" Excellent by AM Best Company, Treasury listed in all 50 states and U.S. territories, and approved by the Department of Labor, so you can count on compliance.
6. Partnership Focused
We offer powerful client management tools and programs from our business partners.
Founded
1930
Company size
11-50 employees
Industry
Insurance
Org type
Privately Held
Headquarters
Woodcliff Lake, NJ