Mutual Opportunities
Internal Wholesaler
Boston, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for five consecutive years!
Overview
A career with us means you’ll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what enables MassMutual to deliver on our purpose to help people secure their futures and protect the ones they love.
We embrace the idea that we all are stronger and better through our support for one another. We strive to create a culture where employees feel valued and are celebrated for who they are.
“Since our founding in 1851, mutuality has put our policyowners at the center of everything we do. At our core, we’re a company of people helping people in their time of need, and that spirit extends to the culture we’ve built at our company. Our employees support and rely on each other each day, collaborating to deliver the best solutions for our customers and help millions more secure their future and protect the ones they love.”
Job Description
MMSD Annuity Distribution- Internal Wholesaler
The Opportunity
We’re growing and our clients deserve the best. We are building a dynamic team of internal wholesalers to drive the sales of MassMutual’s Annuity Distribution to third party distributors. We are looking for an internal annuity wholesaler to support an assigned territory. In this role you will build and grow relationships across our channel with Banks, Credit Unions, Wirehouse, National/Regional Broker Dealers, and Independent Broker Dealers. You will be responsible for territory production in partnership with the external wholesaler, penetration rates, and diversity of products sold through third-party distributors. You will have a strong desire to broaden financial wellness and education to communities throughout the country.
The Team
We have assembled a team of industry leading professionals making up our internal sales, key account management, advanced sales, and sales enablement & marketing teams. The team has a track record of focusing on the customer, collaboration and achieving sales results. The team is entrepreneurial in spirit and doesn’t back away from a challenge. The team has built a great sense of community and desire to execute since the MMSD division was established in 2021.
The Impact
As the Internal Wholesaler, MMSD Annuity Distribution, key responsibilities include:
Proactively contact & consult with our financial professionals across our channel with banks, credit unions, wirehouse, national/regional broker dealers, and independent broker dealers on pre-and-post-sale annuity product support, respond to all inquiries from financial professionals and partners.
Proactively contact & respond to inquiries from our distribution partners and financial professionals on products, sales designs/concepts, and product positioning.
Execute on specific activity expectations and territory management professionals across our channel with banks, credit unions, wirehouse, national/regional broker dealers, and independent broker dealers to maximize opportunities and grow sales.
Communicate confidently with your customer base and drive sales in partnership with your territory’s External Wholesaler, speak & present ideas effectively, communicate in person, in writing, phone, e-mail, and other methods, and effective conflict resolution.
Build your knowledge of annuity products, positioning, associated riders, and sales concepts while gaining industry knowledge and insights on market trends, demonstrate understanding of the annuity industry and competitive landscape.
Develop and maintain strong business relationships with key distributors to help meet sales goals and collaborate with various internal departments to insure proper processing of business.
Demonstrate strong people skills, inspire trust, foster open communication, and work collaboratively.
Manage own time and time with external wholesaler partner, manage utilization and allocation of resources appropriately, daily activity planning and territory management skills, daily planning communications in concert with external wholesaler with agreed upon actions steps, understanding and ability to partner with external wholesaler on zones/rotations, directed call campaigns, and segmentation execution.
Demonstrate ability to use software tools including Salesforce, Outlook, PowerPoint, Excel, Zoom, Illustration software, and financial planning software.
Understand the selling process, including questioning techniques to discover and confirm client needs, strong listening skills, acknowledging of client questions, concerns, and overcoming objections, demonstrate presentation skills utilizing different medium (Zoom, PowerPoint, etc.).
Travel with external partner to observe and learn territory specifics, relationship building.
The Minimum Qualifications
Bachelor’s Degree or 4+ years work experience in insurance or financial services
2+ years' working experience with 1+ years experience in annuity solutions with insurance financial services and/or financial institutions (banks, credit unions, wires, broker dealers).
FINRA Series 6 at time of application or must obtain within 6 months of hire
State Securities License Series 63 license at time of application or must obtain within 6 months of hire
State Life & Health License at time of application or must obtain within 6 months of hire
The Ideal Qualifications
Bachelor's degree
3+ years’ experience of sales or sales support experience with annuity products
FINRA Series 6 at time of application
State Securities License Series 63 license at time of application
State Life & Health at time of application
Possess excellent oral and written communication skills, interpersonal and customer service skills
Possess excellent speaking skills and presentation skills to groups of varying sizes in virtual forum
Well-established self-management skills, e.g., territory management, time management, prioritization, managing internal & external relationships
Commitment to building, maintaining, and growing partnerships with all stakeholders
Proficiency with Word, Excel, PowerPoint, Zoom, and Salesforce as well as various internet search tools
Must be detailed-oriented and well-organized self-starter with high energy and creativity
Extensive knowledge about annuity products (fixed, income, variable annuities), practices, trends and information affecting the business and organization
Experience working with financial institutions (banks, credit unions, wirehouse, national/regional broker dealers, and independent broker-dealers)
Compensation: $55 - 70K base salary range, plus sales-based incentive opportunity resulting in total target compensation package of $75K-100K
What to Expect as Part of MassMutual and the Team
Regular meetings with the MMSD Annuity Sales Team and Learning & Performance Consultant
Focused one-on-one meetings with your manager(s)
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran, and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.
What to Expect as Part of MassMutual and the Team
Regular meetings with the MMSD Annuity Distribution Team
Focused one-on-one meetings with Internal Sales Desk Manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
#LI-CR41
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 88% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say they feel encouraged to bring forth new ideas - 86% of employee respondents say MassMutual cares about and supports the well-being of their employees
*Source: 2024 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. It’s more than our company structure — it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts.
We strive to embrace diversity in every sense, focusing on building a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Kevin
Compliance Consultant
Seth
Service Management Consultant
Kymberly
Head of Experience Journey Mapping
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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