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Internal Wholesaler (Term)- Life Insurance

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Job Description - Internal Wholesaler (Term)- Life Insurance


Internal Wholesaler (Term) -Life Insurance

FLSA STATUS: Exempt

TRAVEL: None

WORK SCHEDULE: M-F, Standard business hours

LOCATION: HYBRID Hartford, CT (4 Days in office/ 1 day WFH)/Remote for the right person

COVR FINANCIAL TECHNOLOGIES OVERVIEW:
Covr is listed as one of Forbes' Top 500 Start Up Companies of 2021!  Covr is a digital life insurance platform that makes it easy to protect what matters most: you and your family. Covr partners with financial institutions that share the belief that life insurance should be simple and transparent and part of a total financial plan. Through Covr's technology, financial advisors and their customers can research and purchase affordable life insurance from well-known insurance companies without the hassles of the traditional process - all within a matter of minutes. Our employees enjoy a casual dress code, flexible hours, great benefits package, competitive wages, and more. We have a strong culture based on our core values:  Client First, Integrity, Innovation, Collaboration, Fun!
JOB SUMMARY:
Our team is growing! The Life Insurance Internal Wholesaler position has the primary responsibility to assist Financial Advisors with the sale of Term Insurance through Covr’s insurance platform. This is largely an outbound calling position where you will educate advisors on term sales ideas, assist with the use of Covr’s digital platform and build relationships with advisors. We are looking for someone that has strong phone/zoom experience with proven problem/issue resolution skills. General life insurance knowledge and ability to learn internal CRM and quoting tools is expected.
ESSENTIAL JOB FUNCTIONS, DUTIES, AND PERFORMANCE RESPONSIBILITIES:

  • Answer calls from Financial Advisors to assist with question on term insurance products and how to submit through the Covr platform.
  • Make proactive, outbound calls to Financial Advisors with the goal of promoting insurance concepts and driving advisors to our platform to do business.
  • Refer advisors to our Regional Insurance Consultants for permanent sales opportunities.
  • Works in partnership with Regional Insurance Consultant to grow insurance sales within assigned Account/Region.
  • Perform demos of our insurance platform over zoom.
  • Continually learns and assists in guiding financial advisors on the use of the Covr digital insurance platform.
  • Learns and assists in communicating benefits and features of various insurance products based on client needs. 
  • Performs other duties and projects as assigned.
JOB SPECIFICATIONS AND QUALIFICATIONS:
Preferred Education and Experience:
  • Bachelor’s degree and/or equivalent experience
  • Minimum of 1 year Life Insurance or Financial service industry experience
  • Life and health insurance license required/Series 6 & 63 or ability to obtain preferred
Knowledge and Skills:
  • Go Getter, sales mentality with proven track record of high performance/activity 
  • Strong customer service skills with a strong positive phone presence
  • Excellent verbal communication skills, ability to build phone-based relationships 
  • Ability to articulate message quickly and effectively over the phone
  • Must be a self-starter and ability to learn independently through experience
  • Ability to accomplish multiple tasks simultaneously in a fast-paced environment
  • Strong work ethic and high level of personal integrity and accountability
  • Proficient in Microsoft Outlook, Word and Excel

BENEFITS PACKAGE:
We offer a competitive benefits package:
  • Salary range of $55,000
  • Paid Time Off (PTO): 3 weeks to start, increasing with years of service
  • Paid holiday’s – 11 days
  • Medical, Dental and Vision – 80% of monthly premium paid by Covr for all full-time employees
  • Adult and child orthodontia
  • Health Savings Account (HSA) with quarterly company contributions
  • Short-Term and Long-Term Disability
  • NEW - Pet insurance for cats and dogs!
  • Company paid Life and AD&D insurance for all full-time employees.
  • Supplemental Life and AD&D insurance up to 5x’s salary for employee
  • Supplemental Life and AD& D plans offered for spouse and dependents
  • Flexible Spending Accounts (FSAs): medical, dependent, parking and transit


Covr is an equal opportunity employer and values diversity in our workforce. We encourage applications from all qualified individuals, including those with diverse backgrounds and those with disabilities. Please note that we do not provide immigration sponsorship for this position.
 

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