MassMutual

MassMutual

Internal Wholesaler

Location : Newbury, MA, 01951

Job Type : Other

Date Posted : 7 March 2025

Job Summary:

We are building a dynamic team of Internal Wholesalers to drive the sales of MassMutual’s Annuity Distribution to third-party distributors. In this role, you will build and grow relationships within a dedicated territory across banks, credit unions, wirehouses, national/regional broker-dealers, and independent broker-dealers. You will be responsible for territory production, penetration rates, and product diversity in partnership with an External Wholesaler, with a strong focus on financial wellness and education.

Responsibilities:

  • Proactively contact and consult with financial professionals on annuity product support and inquiries.
  • Execute territory management strategies to maximize opportunities and grow sales.
  • Work closely with an External Wholesaler to drive sales using tools like Salesforce, Outlook, PowerPoint, and financial planning software.
  • Develop expertise in annuity products, positioning, sales concepts, and industry trends.
  • Build and maintain strong business relationships with key distributors.
  • Travel with an external partner to understand territory specifics and relationship building.
  • Perform other duties as assigned.

Qualifications and Experience:

  • FINRA Series 6 or 7 license at time of application.
  • State Securities License Series 63 at time of application.
  • State Life & Health Insurance License at time of application.
  • Bachelor’s degree or 4+ years of experience in a financial institution or financial services.
  • 3+ years of sales or sales support experience with annuity products.
  • 2+ years of experience with annuity solutions in financial services institutions.
  • 2+ years of experience with a contact management system.

Preferred Qualifications:

  • 6+ years of experience in a financial institution or financial services.
  • 4+ years of sales or sales support experience with annuity products.
  • Strong oral, written, and presentation skills.
  • Experience delivering presentations to groups in virtual settings.
  • Proficiency in self-management, including territory and time management.
  • Proven ability to build and maintain professional relationships.
  • Proficiency in Word, Excel, PowerPoint, Zoom, and Salesforce.
  • Extensive knowledge of annuity products, trends, and industry practices.
  • Experience working with banks, credit unions, and broker-dealers.
  • Strong multitasking and organizational skills.

Salary:

  • $70,000 – $85,000 base salary range.
  • Sales-based incentive opportunity, with total target compensation of $100,000 – $125,000.

What to Expect:

  • Regular team meetings and one-on-one manager sessions.
  • Mentorship and networking opportunities.
  • Access to business resource groups for diverse professionals.
  • Learning resources through Degreed and other platforms.
  • A strong ethical business environment with industry-leading pay and benefits.

About Company:

MassMutual is an Equal Employment Opportunity employer. We welcome all individuals, including minorities, women, LGBTQ+, veterans, and individuals with disabilities, to apply. If you need accommodation during the application process, please contact us.

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