Rutgers New Start Career Network

Rutgers Edward J. Bloustein School of Planning and Public Policy mobile logo
New Start Career Network mobile logo

Job Information

Penn National Insurance Territory Manager - New Jersey in new brunswick, New Jersey

Penn National Insurance has an incredible opportunity to join our team as a Territory Manager for New Jersey!
The Territory Manager serves as a liaison between the company and agents and acts as a relationship manager for our agents, regional underwriting team and corporate departments. Assesses the strengths and weaknesses of agents and assists them in achieving a mutual goal of profitable growth in both volume and policy count. Incumbent ensures that agents are familiar with and use Penn National Insurance commercial lines and personal lines initiatives, products, policies, procedures, and services.
COMPETENCIES AND ESSENTIAL DUTIES OF THE TERRITORY MANAGER
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
Provides 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 companys 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.
Conducts 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 companys initiatives, procedures, and policies.
Facilitates agency reviews with other team members to review agents 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
Develops 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
Develops and implements agency action plans to achieve profitability.
Agency Management
Analyzes territory profitability, premium growth, and agency representation; implements corrective actions where appropriate.
Performs various projects requested or assigned by the Regional Vice President
CORPORATE CORE COMPETENCIES OF THE TERRITORY MANAGER
Effectively Communicates and Connects
Communicates and negotiates effectively with peers regarding work outcomes.
Influences by making a strong case, bringing other people on the team to understand the presented viewpoint.
Provides feedback and is clear when disagreeing with an approach; offers suggestions for improvement.
Attentively listens and asks clarifying questions and paraphrases to enhance understanding.
Builds and nurtures positive relationships within the workplace.
Customer Focused
Identifies explicit and implied customer needs.
Asks probing questions to fully understand business requirements.
Develops positive relationships with customers by meeting their needs as well as incorporating their feedback.
Responds quickly and takes action with high quality solutions that address needs and improve overall customer experience.
Owns resolution of customer experience outcome.
Talent Development Mindset
Discusses technical and professional development with peers to gain suggestions for further development.
Actively seeks and acts on opportunities to recognize peers for high performance.
Stays alert to identify learning opportunities for self.
Demonstrates Adaptability
Contributes to progressive thinking within the team by posing questions that challenge traditional methods or processes.
Proposes ideas and suggests new approaches to tackling own work tasks and issues in a better way to drive organization success.
Participates in and actively supports change initiatives and provides ideas to promote their success.
Recognizes and manages an ambiguous work environment.
Demonstrates flexibility in generating alternative solutions and recommendations.
Demonstrates Accountability
Applies judgment in making decisions about own work and takes responsibility for actions.
Demonstrates reliability by producing steady work results and delivering on commitments to team members on time.
Takes responsibility for regularly seeking and applying feedback and actively learning from errors and setbacks.
Understands the mission of the organization.
SPECIAL RELATIONSHIPS FOR THE TERRITORY MANAGER
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 OF THE TERRITORY MANAGER
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 agents P&C license in domiciled state.
Experience
Minimum...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

DirectEmployers