Penn National Insurance in
Senior Territory Manager
Penn National Insurance in, Waukesha, Wisconsin, United States, 53188
Senior Territory Manager (Transportation)
We have an exciting opportunity for a Senior Territory Manager in the Waukesha, WI area. The Senior Territory Manager is responsible for overseeing and growing sales within the Waukesha geographic area. This role involves managing relationships with our agents, regional underwriting team and corporate departments. The Senior Territory Manager is also responsible for identifying new business opportunities, ensuring compliance with company policies, and meeting sales targets. The Senior Territory Manager serves as the primary point of contact for partners in the region, providing training, support, and strategic guidance to drive performance and profitability. Strong communication, analytical, and leadership skills are essential for success in this position. The ideal candidate must live within the Waukesha area.
COMPETENCIES AND ESSENTIAL DUTIES
Business Acumen
Sales/Premium Growth
Develop the agency force that pre-qualifies accounts, in house rates, and assists agency partners to help them write profitable business.
Develop professional working relationship with agent, regional underwriting and claim teams and corporate departments.
Conduct thorough evaluation of all prospective agents and submit written recommendation to Regional Vice President.
Profitability
Profiles personal lines book of business to assist in profitability analysis.
Agency Management
Provide training to agency plant on new programs, products, services, and systems.
Negotiation
Sales/Premium Growth
Keeps two-way communication between agent and company continuously open and viable.
Results Oriented
Sales/Premium Growth
Monitors agency results and follows up with agent as to growth and compliance with company's initiatives, procedures and policies.
Stays alert for and shares industry information, new ideas, products, or changes in other carrier philosophies that could positively or adversely affect Penn National Insurance with appropriate colleagues.
Conduct ongoing agency prospecting within territory to create a pipeline of potential future appointments.
Profitability
Monitors agency results and follows up with agent as to profitability and compliance with company's initiatives, procedures and policies.
Facilitate agency reviews with other team members to review agent's performance as compared to established goals and implement corrective actions as needed.
Time & Priority Management
Sales/Premium Growth
Participates in rate reviews as requested (PL &CL).
Agency Management
Develop annual agency/company marketing plans.
Decision Making
Sales/Premium Growth
Makes consistent underwriting decisions, adheres to company pricing philosophies and promotes ease of doing business with Penn National Insurance
Profitability
Develop and implement agency action plans to achieve profitability.
Agency Management
Analyze territory profitability, premium growth, and agency representation, and implement corrective actions where appropriate.
Performs other duties as may be assigned by the President-Partners Mutual or Regional Vice President
SPECIAL RELATIONSHIPS
The Territory Manager reports to the Regional Vice President
Direct contact with all levels of branch underwriting and supporting claims service office personnel
Direct contact with all levels of Home Office Underwriting Operations personnel
Direct contact with agents and insureds
This position has no internal direct reports
QUALIFICATIONS
Education/Credentials
Four year college degree preferred, with continuing education in specialized insurance courses such as IIA, AU, CPCU, and CIC, as well as other educational experiences that enhance product knowledge and technical business relations.
Recommend maintaining an active agent's P&C license in domiciled state.
Experience
Minimum of five years property/casualty commercial underwriting
Minimum of three years marketing experience with a Property and Casualty carrier preferred.
Agency or broker experience with heavy concentration in underwriting exposure/risk and marketing may substitute for carrier experience
Technical/ Professional Knowledge
Must have technical underwriting knowledge of the commercial and personal lines of business written by Penn National Insurance
Effective oral and written communication skills, with the ability to communicate information of a highly technical nature
Proven sales, negotiations, and solution-selling skills
Working knowledge and skill in agency and Company automation systems, to include fundamental knowledge on the use of personal computers, with emphasis on Microsoft Office Suite
Good financial analysis skills
Strong commercial and personal lines underwriting analysis skills
JOB REQUIREMENTS (as required by ADA Americans with Disabilities Act)
This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment.
Must be able to see and effectively use a computer monitor.
Must be able to operate a computer, keyboard and applicable printers and other general office equipment.
Must be able to access and enter information accurately using automated systems.
Must be able to hear and communicate via the telephone and/or monitoring devices to both internal and external clients.
Must be able to present information to individuals and groups.
Must be able to interpret and apply concepts that may or may not be based upon established guidelines.
Must be able to maintain acceptable attendance and adhere to scheduled work hours.
Must have a valid driver's license and be able to operate a motor vehicle.
Must be able to travel, with overnight stays required.
Only candidates from the following states will be considered for opportunities with Penn National Insurance: Alabama, Delaware, Iowa, Maryland, Minnesota, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Wisconsin.
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