$65,000 – $2,000,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial ServicesIndustries

Position Overview

  • Location Type: Remote (Northern California and Northern Nevada)
  • Job Type: Full Time
  • Salary: $65,000 - $2,000,000 per year (Base salary + uncapped commission plan)
  • Company: Protective Life
  • Department: Distribution Group

Protective Life is seeking an experienced annuity wholesaler to join our Distribution Group as a Regional Vice President. This role focuses on covering the independent and bank channels within Northern California and Northern Nevada. The position offers a competitive compensation package including a base salary, a strong corporate benefit package, and an uncapped commission plan.

Requirements

  • Education: BS/BA Degree
  • Experience: 5+ years of experience in annuity wholesale distribution
  • Licenses: State Life and Health License and FINRA Series 6 and 63
  • Preferred: Previous external sales management experience
  • Skills: Proven track record of developing sales results in assigned territory; Experience in all channels of annuity distribution.

Responsibilities

  • Develop and maintain a high level of annuity production through a detailed business plan, including training, motivating, and developing relationships with Financial Institutions.
  • Support and advocate for corporate objectives and act as a steward of company resources.
  • Execute senior wholesaling functions in assigned geographic territories.
  • Cultivate a successful business to attain activity and sales goals with top producers in all distribution channels.
  • Coordinate and execute a regional business plan with Internal Wholesalers, supporting a three-person sales team.
  • Adhere to required activity requirements aligning with territory management strategy.
  • Execute on specific activity expectations to maximize opportunities to grow advisor relationships and sales.

Application Instructions

  • Please submit your resume and cover letter through [Application Link - Not Provided]

Company Information

  • Company: Protective Life
  • Note: This position includes cash compensation as a part of a sales incentive plan (SIP).

Skills

annuity wholesale distribution
sales development
relationship building
territory management
training
motivating
channel management
advisors
financial institutions

Protective Life

Provides financial planning and life insurance services

About Protective Life

Protective Life provides financial planning and life insurance services aimed at individuals and businesses. The company offers a variety of products, including life insurance policies and retirement planning guides, to help clients secure their financial future. Their services are designed to assist financial advisors, insurance agents, and individual clients in protecting assets and planning for retirement. Protective Life operates through both business-to-business (B2B) and business-to-consumer (B2C) models, partnering with financial professionals while also reaching out directly to clients via their online platform. What sets Protective Life apart from competitors is their focus on excellent customer service and the provision of educational resources, which empower clients and advisors to make informed decisions. The company's goal is to help clients achieve financial security through comprehensive solutions and support.

Birmingham, AlabamaHeadquarters
1842Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Paid Vacation
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program

Risks

Increased competition from digital-first insurance startups could erode market share.
Interest rate fluctuations pose a risk to Protective's investment income.
Direct-to-consumer insurance models may impact Protective's B2B distribution strategy.

Differentiation

Protective.com emphasizes excellent customer service and educational resources for informed decision-making.
The company offers support and training for financial advisors and insurance agents.
Protective.com operates on both B2B and B2C models, reaching diverse client bases.

Upsides

Increased demand for digital insurance solutions drives innovation in the life insurance sector.
The rise of fee-based advisory services reshapes the financial planning landscape.
Big data analytics allows better risk assessment and personalized insurance products.

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