VP of Sales - Employee Benefits

Ryan Specialty Group

Chicago, Illinois(remote)

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JOB DETAILS

SKILLS

Brokerage, Budgeting, Business Growth, Business Strategy, Compensation and Benefits, Competitive Analysis/Strategy, Continuous Improvement, Distribution Channel, Employee Benefits, Exceeded Sales Goal, Incentive Programs, Industry/Trade Analysis, Leadership, Maintain Compliance, Market Development, Market Segmentation, Market Share, Market Trend Analysis, Performance Analysis, Profit & Loss, Regulations, Regulatory Compliance, Sales, Strategic Planning, Trend Analysis, Underwriting

LOCATION

Chicago, Illinois

POSTED

25 days ago

Position Summary
The VP of Sales - Employee Benefits, is responsible for commanding territory performance and exceeding targets, through a culture of efficiency and innovation. The role collaborates across the enterprise to grow the benefits business. They shape industry discussions, ensure unwavering compliance with regulations, mitigate potential challenges and maximize profitability.

What will your job entail?

Position Summary:

The VP of Sales - Employee Benefits, is responsible for commanding territory performance and exceeding targets, through a culture of efficiency and innovation. The role collaborates across the enterprise to grow the benefits business. They shape industry discussions, ensure unwavering compliance with regulations, mitigate potential challenges and maximize profitability.

Location:

Remote or Hybrid (based on location)

Position Responsibilities:

Develops and executes strategic vision and direction for the offices across Benefits and Underwriting businesses. Provides strategic leadership and defines business strategies to achieve growth targets and profitability.
Spearheads expansion and diversification initiatives and identifies new market segments and product opportunities.
Analyzes industry trends, competitor landscape, and regulatory changes, translating insights into actionable strategies.
Cultivates a results-oriented culture, fostering collaboration, innovation, and continuous improvement.
Assesses regional market trends and competitor strategies, translating insights into actionable plans for growth and market share dominance.
Champions Ryan Specialty's brand and value proposition to brokers, manages general agents (MGA) and secures lucrative partnerships and distribution channels.
Achieves annual budgeted growth and retention targets.
Contributes to industry discussions and initiatives, represents Ryan Specialty's interests and builds strong relationships with key stakeholders.

Work Experience:
Minimum of 7+ years of work experience in Commercial Insurance coverages and Employee Benefit Sales

Education:
Bachelor's degree required

Licenses & Certifications:
Prescribed: Minimum requirements for state A&H and/or benefits licenses

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

Compensation:

Target base salary range of $100,000 - $150,000 + lucrative incentive plan driven by performance.

The salary range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, a

VP of Sales - Employee Benefits

Ryan Specialty Group

Chicago, Illinois(remote)

About the Company

Ryan Specialty Group

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