Now Hiring - Colonial Surety Company - Senior Insurance Development Executive in Woodcliff Lake, NJ

Full description of the position

Job description: About Colonial Surety Company Founded in 1930 and rated "A" (Excellent) by AM Best, Colonial Surety Company is a leading national direct seller and writer of surety bonds, fidelity bonds, and business insurance products, licensed and admitted in all U.S. states and territories. We combine nearly a century of industry expertise with proprietary technology, including our I-Bond and I-Insurance platforms, to make obtaining bonds and insurance simple, direct, and instant for businesses and professionals nationwide. Through The Partnership Account, we also equip partners including insurance agents, attorneys, contractors, associations, and pension professionals with powerful digital tools that streamline bonding and insurance placement. We are seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives. This role offers a genuine growth opportunity within the company, working across business and distribution channels with a focus on vertical initiatives, program business, existing client relationships, and target markets. Position

Overview

The Senior Insurance Development Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing program initiatives, and supporting both existing and new business development efforts. This is an in office-based position in Woodcliff Lake, NJ, that requires travel to meet with clients, attend conventions, and participate in industry seminars. Our schedule is Monday through Friday from 8:30 AM to 5:30 PM. Our personnel policy requires all employees to maintain a professional appearance and adhere to the company's business attire and grooming standards, including our clean- shaven policy.

Key Responsibilities

• Manage corporate program initiatives across business and distribution teams
• Execute vertical market strategies
• Drive new business development in targeted markets, associations, MGAs, and large commercial insurance agencies
• Collaborate with internal sales staff and marketing teams
• Support and expand existing programs and initiatives
• Attend client meetings, industry conventions, and seminars

Qualifications

• Minimum 10 years of experience working for a medium-sized insurance agency, MGAs, aggregator or program administration
• Proven track record in commercial insurance sales to small and mid-sized businesses
• Insurance Program Market knowledge
• Strong product knowledge of:
• Professional Liability
• General Liability
• Business Owner's Policy (BOP)
• EPLI
• Cyber Liability
• Directors & Officers (D&O;)
• Fiduciary Liability
• Bachelor's degree in Finance, Business, Marketing , or related field preferred
• Strong computer skills including MS Office, Google Business Suite and CRM familiarity Personality Profile
• Excellent interpersonal and collaborative skills
• Entrepreneurial mindset
• Strong communication skills
• Self-starter with strong organizational, planning, and time management skills
• Intuitive, common-sense decision-making abilities
• Motivated by exceeding targets tied to compensation plans
• Hunter mentality

Compensation

• Base Salary: $150,000
• Additional Bonus Structure A cover letter is required when applying for this position Pay: $150,000.00 per year

Benefits

:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance Application Question(s):
• Our personnel policy requires all employees to maintain a professional appearance and adhere to the company's business attire and grooming standards, including our clean-shaven policy. Are you willing and able to comply with these requirements? Work Location: In person