Senior Managing Director

Farmers Insurance Group

Cincinnati, OH

JOB DETAILS
SALARY
$166,725–$283,250 Per Year
SKILLS
Auditory, Business Skills, CLU, Change Management, Coaching, Data Analysis, Distribution Channel, Identify Issues, Insurance, Insurance Sales, Keyboards, Leadership, Legal, Management Strategy, Market Segmentation, Market Share, Market Tracking, Marketing Strategy, Office Equipment, Onboarding, Performance Metrics, Problem Solving Skills, Profit & Loss, Property and Casualty Insurance, Regulations, Reporting Skills, Revenue Growth, Sales, Series 6, Storytelling, Strategic Analysis, Strategic Planning
LOCATION
Cincinnati, OH
POSTED
Today
Senior Managing Director

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

This position partners with leadership to develop and oversee the strategic direction for an assigned geographic area. Leads direct managers and their staff to execute strategic direction in their assigned territories. Focuses on achieving business and financial results such as sales growth, increased market share, and overall profitability. Designs and delivers custom distribution strategies to the market that align with company goals. Works independently without considerable direction.

Essential Job Functions
  • Achieves territory and company objectives for markets within assigned geographic area including in markets where considerable regulatory challenges and/or a complex product environments exist.
  • Utilizes exceptional communication, influence, informal leadership, and decision making skills to establish and drive strategic direction through direct managers and their staff.
  • Applies advanced strategic and critical thinking to overcome unique exposures and profitability challenges.
  • Uses deep industry knowledge and business acumen to develop and propose sales and other initiatives to support market strategies and objectives.
  • Manages footprint by assessing, planning strategically, and overseeing market presence and agency operations within assigned geographic area.
  • Devises and oversees market segmentation strategies to gain a competitive advantage.
  • Drives business and financial goals within assigned geographic area.
  • Exhibits excellent influence while providing direction, coaching, and training to support individual performance and professional development to direct managers.
  • Demonstrates confidence and experience in investigating, troubleshooting, and partnering with key internal and external stakeholders, including legal and/or regulatory agencies to resolve escalated issues.
  • Fosters exceptional relationships and communication between the company, district managers and agency owners.
  • Has a deep understanding of district and agent needs, develops long-term partnerships, and employs strong change management strategies when executing plans and addresses concerns.
  • Partners with territory, senior leadership, and district managers to appoint the right number of agents to achieve territory goals and fulfill sales plans.
  • Uses technology to evaluate performance metrics and assess the effectiveness of strategic direction.
  • Sets performance targets that align with company goals.
  • Develops action plans to address areas that require attention or adjustment.
  • Uses data and analytical story-telling to prepare and report findings to senior leadership and key stakeholders.
  • Performs other duties as assigned.
Education Requirements

Bachelors degree required. Insurance designations preferred (example, CLU, ChFC, FSCP, CPCU).

Experience Requirements

Minimum ten years of Property & Casualty Insurance sales experience, with knowledge of insurance products and field distribution models. Experience owning the onboarding of new agency owners and staff preferred. Series 6, 63 and 26 licenses required.

Physical Actions

This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

Benefits

Farmers offers a competitive salary commensurate with experience, qualifications and location.

o CA Only: $166,725 - $283,250

o CO Only: $156,300 - $244,530

o HI Only: [[cust_HIJobPostingRange]]

o IL/MN/VT Only: $156,300 - $261,470

o MD Only: $156,300 - $261,470

o NY/DC/Jersey City Only: $156,300 - $283,250

o Albany County: $166,725 - $244,530

o WA Only: $156,300 - $297,125

Bonus Opportunity (based on Company and Individual Performance)

401(k)

Medical

Dental

Vision

Health Savings and Flexible Spending Accounts

Life Insurance

Paid Time Off

Paid Parental Leave

Tuition Assistance

About the Company

F

Farmers Insurance Group

In 1928, two men shared a dream of providing a quality insurance product at a reasonable price. In the decades that followed we’ve grown and adapted to meet the changing needs of Americans. But one constant has remained: We have an unwavering commitment to uphold our founding ideals to provide industry-leading products and first-rate services to the customers we’re privileged to serve.

Different Eras, Same Exceptional Service

Farmers not only prides itself on helping you plan wisely for the unexpected, but also on helping restore order when it occurs, so you can keep moving along the road of your life’s plans.

In 1959 a Farmers customer wrote us a letter of surprised gratitude when his car battery was replaced just an hour after it was stolen. A letter from a couple in 2002 wrote that their Farmers agent and Claims Adjuster “were exceptional in their handling of our grief, what we needed to do, and helpful in many other ways.” That same year, when Hurricane Rita struck Beaumont, Texas, Farmers sent 300 agents to assess damages while policy holders were evacuated. Farmers also donated $100,000 for the city’s emergency operations center and two megawatt generators that restored power to Beaumont. Whatever year or decade a disaster occurs, you can count on us to be there for you.

Today, the companies comprising the Farmers Insurance Group of Companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.

Farmers is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.

The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.

COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Insurance
WEBSITE
http://www.farmers.com/