For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.
Our Personal Lines Sales team is seeking an Associate Territory Sales Manager to work in Massachusetts.
This is a full-time/exempt role.
The actual job title and level may be flexible dependent on candidate qualifications and experience (Territory Sales Manager).

POSITION OVERVIEW:

Successfully manage business development within an assigned territory by partnering with existing agents and appointing new ones, to acquire and retain profitable new accounts, while securing better penetration with winning agents. Partner with management to influence and execute a territory strategy and production plan that addresses product, pricing, and distribution needs to exceed goals in a competitive marketplace. An ability to leverage personal relationships for business outcomes is key to succeeding in this role. Meet with agency principals to have agency economic conversations that advance deeper partnerships while also being able to meet with account managers and agency staff to increase engagement and commitment to Hanover.

KEY SKILLS & COMPETENCIES:

• Agency Economics & Analysis: Identifies metrics and uses them as a catalyst for action items and initiatives to make recommendations to agencies.
• Agency Advise & Guidance: Has a sound understanding of agency operations to the extent they are able to advise and recommend actionable activities for mutually beneficial outcomes.
• Execution: Leverages their trusted advisor status with agencies to advance Hanover’s objectives while proving to agents through a robust diagnostic process so that the recommended actions yield positive outcomes that are mutually beneficial.
• Creates a buzz within agencies so that Hanover is the “go to” company as proven through account manager quote/issues, system knowledge, and regular/on-going interaction as well as production
• Prioritizes/tailors knowledge and resources to meet the needs of agencies while making sound, fact based recommendations and ensuring their success through clear communication. Relentlessly follows up on assigned owners holding themselves and others accountable for measurable outcomes.
• Ability to sell Hanover’s value proposition to Agents and maintain significant relevance within agency partners in territory.
• Knows all of the account managers within every agency, as well as their key behaviors and attributes relative to their relationship with Hanover. Updates account manager information in salesforce.com. Is able to effectively leverage trusted advisor relationships for mutually beneficial outcomes.
• Leverages data points for accountability and validation.
• Leverages extensive knowledge for a steady flow of business, relevance, and production that meets goals
• Gather competitive intelligence and share with internal partners to build a better defensible position.
• Prospect and meet agency appointment targets.
• Provide Agent and CSR training as necessary.
• Product and Insurance Knowledge: Knows Hanover product suite/underwriting appetite and can leverage the features/benefits to drive deeper agency relationships for more production from partner agents.

• Drive top line sales results within assigned territory, in conjunction with the ARVP, RVP and/or Sr. TSM, by conducting business development planning with agents located within assigned territory.
• Achieve meaningful market share within winning agencies, maximizing quote/win ratio to meet and exceed plan.
• Build and leverage proven position as an established, trusted advisor, focused on improving partners’ business performance.
• Execute agency account plan and frequently monitor the Company and agency progress relative to plan.
• Proactively develop and execute appropriate next steps if agency account objectives are not met, always anchoring back to the mutually agreed upon business plan.
• Recommend termination of consistently unprofitable and/or unproductive agencies to Sr. TSM and Sales ARVP/RVP.
• Leverage Hanover value proposition to obtain commitments for blocks of stable, controlled business.
• Maximize conversion on book rolls & thins; negotiate and sell book consolidation capability and positive economic impact on agents business; aggressively manages the book consolidation pipeline to develop opportunities into signed deals.
• Meet and exceed overall regional financial objectives by: Increasing total policies sold while maintaining and/or improving retention Increasing average lines (policies) sold per client Increasing agency and account manager engagement, especially among winning agents / future partners Increasing Customer Service Center enrollment Protecting margin by influencing agents to over-deliver “target” mix of flow business
• Gather competitive intelligence and share with internal partners to build a better defensible position.
• Prospect and meet agency appointment targets.
• Provide Agent and CSR training as necessary.
• Adheres to Sales Best Practices.