Transamerica Looking for VP Managing Director Wholesale Distribution, Annuities at Remote Full Time

Job details

Salary $350,000 a year job type full-time

Full job description

Job description summary
Vp managing director wholesale distribution, annuities transamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earnedBut we believe our responsibility goes beyond insurance, investments, and retirement accountsWe’re also in the business of helping people improve their financial and personal well-being, so they can add more years to their lives, and more life to their yearsAre you a problem solver and have strong analytical skills? do you like detailed work and following procedures? are you a strong communicator and have excellent customer service skills? if your answer is yes, we are looking for you!
Job description

What you will do: responsible for the sale of transamerica products on a national levelManage a team of divisional sales managers (dsms) and regional vice presidents (rvps) responsible for day-to-day wholesaling activities.

What you will learn: in this role, you will gain exposure to transamerica’s rich history and cultureYou will be working with a team of ambitious and engaged professionals who bring fresh ideas and diverse perspectives to help us continually shake up the status quo and stay on the forefront of reinventing how we meet our business partner’s needs.

What success looks like:

Meet annual sales goal for designed products.
Build relationships and create business development opportunities on behalf of transamerica.
Manage assigned dsms and wholesaling team.
Set annual budgeted sales goals for the product lineManage dsms and wholesalers to meet goals; develop contingency plans as needed.
Travel regularly with rvps in the channel to provide coaching on sales effectiveness.
Assume responsibility for hiring rvps and dsms.
Review and monitor rvp and dsm activity reports and sales results; work collaboratively with the senior sales management team to maximize wholesaling resources.
Review and monitor rvp and dsm activity reports and oversee use of regional budgets by rvps and dsms; approve exceptions to budget expenditure limits and ensure total expenditures are within budget.
Build and maintain relationships within distribution to promote and manage sales initiatives.
Develop productive relationships with key senior management of distribution partners.
Work jointly with the executive managing director to manage a specific channel p/l to work within budgeted actual to allowable.
Represent broker/dealer at conferences and conventions; manage meeting/event planning and coverage within the division.
Work jointly with marketing in the design of marketing and sales materials in servicing channel accounts.

What you need:

Bachelor’s degree in a business field or equivalent experience
Ten year of sales experience in the financial services industry, including five years managing financial product wholesalers.
Finra series 6 and 63
Life license
Excellent written/oral communication and relationship building skills

Preferred qualifications:

Finra series 24

Working conditions:

Work remote from home.
Extensive travel.

**please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the colorado equal pay for equal work act and equal pay transparency rulesIt is estimated based on what a successful colorado applicant might be paidIt assumes that the successful candidate will be in colorado or perform the position from coloradoSimilar positions located outside of colorado will not necessarily receive the same compensation**

Compensation

The annual rate for this position generally starts at $225,000This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by lawThe range may vary above and below the stated amounts, as permitted by colorado equal pay transparency rule 4.1.2.

Bonus eligibility:

This position is also typically eligible for an annual bonus based on the company bonus plan/individual performance and is at company discretion at a rate of 40%

Commissions:

This position may be eligible to earn commissions targeted at $350,000 annually paid on monthly sales based on applicable sales incentive plan(s)All details pertaining to the calculation and payment of those commissions are available in the individual provisions of the sales incentive plan that applies.

What you receive:

A comprehensive wealth + health packageIt’s our passion to empower people, and especially our employees, to add years to their lives and more life to their yearsThat means a healthy account balance and a healthy body to matchAs you’ll come to discover, wealth + health is a central part of everything we do!

Wealth benefits; competitive pay, bonus, and benefits package; pension plan, 401k match, employee stock purchase plan, tuition reimbursement, disability insurance, employee discounts, career training & development opportunities, certification sponsorship

Health and work/life balance benefits; be well company sponsored holistic wellness program which includes wellness coaching and reward dollars, parental leave, adoption assistance, employee assistance program, college coach program, back-up care program, paid time off to volunteer, employee matching gifts program, employee resource groups, inclusion and diversity programs, employee recognition program

Our commitment to inclusion & diversity means that we value differencesWe encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.

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Job activity

Posted 30+ days ago