Market Managing Director - Norfolk

Reposted 5 Days Ago
Be an Early Applicant
Norfolk, VA, USA
In-Office
Senior level
Financial Services
The Role
The Market Managing Director will oversee growth and management in the insurance market, focusing on talent recruitment, P&L management, and fostering partnerships.
Summary Generated by Built In

Join us at Towne Insurance! Your career. Your future. Your Towne.

Towne Insurance is hiring a Market Managing Director to join our Norfolk team. The Market Managing Director is primarily responsible for the overall growth and management of an assigned territory/market. The Managing Director must be articulate and possess a demonstrated leadership capability. Leader must have strong relationship management, influencing, vision and execution skills. The role requires a sense of urgency, passion for results, and personal accountability for achievement with a focus on top line growth.


About Us

Towne Insurance is a nationally recognized top insurance and risk management firm specializing in customized insurance solutions for all segments of business clients, families, and individuals. At Towne Insurance, we take pride in serving others, enriching lives, and providing our members exquisite service. Our employees are our most valuable asset, and we take time to invest in their health, happiness, and education. We hire motivated, self-directed professionals who desire to give back to their communities.


About the Role

  • Develop relationships with key centers of influence including our Banking and affiliate partners to align referring partners and production resources.
  • Lead and implement a territory growth plan specific to the Middle Market P&C and EB businesses  
  • Manage sales pipeline and foster a culture of accountability.
  • Effective management of the P&L
  • Attract, hire, and recruit best in class talent for territory Middle Market (EB/CL) sales growth.
  • Responsible for talent development and mentorship in coordination with Towne Insurance’s Training and Development department.
  • Leverage centers of influence to create partnerships with Towne production sources aligned with overall growth plan
  • Strong understanding of the competitive landscape; know the competitions strengths, weaknesses, staff
  • Monitor activity and results on a consistent basis
  • Create strong relationships with carrier partners to leverage their institutional knowledge within assigned territory/market
  • Obtain and share best practices with other Market Managing Directors.
  • Responsible for presenting perpetuation planning 18 months prior to retirement date
  • Partner with Regional Operations Leader to ensure team is compliant with operational guidelines.
  • Partner with Director of Sales for Personal Lines and Select
  • Partner with Operations Leader to ensure customer service excellence
  • Lead by example. You, and sales team should be actively involved in your local community to further enhance the Towne Insurance brand.
  • Other duties as needed and as assigned.

Skills and experience you’ll need:

  • Creative thinker with superior written and oral communication skills
  • Extensive experience working in a senior-level role within an Insurance Carrier or National/Regional Brokerage operation.
  • Demonstrated proficiency in Microsoft Office (PowerPoint, Word and Excel) is required and Adobe Creative Suite (InDesign, Photoshop, Illustrator, Adobe Professional) is preferred.
Bonus points if you have:
  • Self-motivated
  • Strong interpersonal and leadership skills
  • Experience in Insurance or financial services preferred
  • Attention to detail
  • High level of organization and follow-through
  • Advanced degree or Industry designations (MBA, CPCU, ARM, etc.)

What we offer:

We believe a business culture that supports a healthy, safe work environment does so by offering robust benefits, programs, and resources to keep colleagues engaged and productive, including:

  • Excellent growth and advancement opportunities
  • Competitive pay based on experience
  • Health, vision, dental, and Employee Assistance Program
  • Paid time off to include holidays, PTO, sick leave, and bereavement
  • Profit Sharing
  • Continuing education opportunities
  • 401K & Employer Matching
  • Employee discounts
  • Identity theft protection
  • Tuition Reimbursement
  • Paid Training Opportunities
  • Paid Parental Leave
  • Wellness Plan
  • Volunteer Opportunities

 

Serving Others. Enriching Lives.

Our member-centric approach empowers our team members to build lasting relationships with the businesses, families, and communities we serve, leading to opportunities and bright futures for our dedicated insurance professionals.

We value and respect the impact our colleagues make every day both inside and outside our organization. We encourage professional and personal development and embrace a culture that celebrates and promotes the diverse talents, backgrounds, and perspectives of our colleagues and members.


      #LI-SO1

      #insurance


      Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
      This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

      Skills Required

      • Extensive experience working in a senior-level role within an Insurance Carrier or National/Regional Brokerage operation.
      • Demonstrated proficiency in Microsoft Office (PowerPoint, Word and Excel).
      • Experience in Insurance or financial services.
      • Advanced degree or Industry designations (MBA, CPCU, ARM, etc.).

      TowneBank Compensation & Benefits Highlights

      The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about TowneBank and has not been reviewed or approved by TowneBank.

      • Leave & Time Off Breadth PTO, all federal bank holidays, and an extra birthday day off are highlighted, with paid parental leave also offered. Time off can be used for vacation, illness, caregiving, bereavement, and birth/adoption for both full- and part-time staff.
      • Wellbeing & Lifestyle Benefits Wellness initiatives include on-site screenings, fitness-club reimbursement, virtual fitness and mindfulness classes, and various employee discounts. An Employee Assistance Program and wellness resources support everyday wellbeing.
      • Retirement Support A 401(k) with employer contributions through Principal and retirement planning tools are provided. A standard match with full vesting over five years is noted.

      TowneBank Insights

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      The Company
      Virginia
      1,065 Employees
      Year Founded: 1999

      What We Do

      Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a mission of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences. Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. NOTICE TO CONSUMERS REGARDING MARYLAND LENDER LICENSEES: TowneBank is licensed to engage in business as a Maryland Mortgage Lender and assigned a unique NMLS identifier number: 512138. The NMLS Consumer Access Website is linked here: www.nmlsconsumeraccess.org Interested in joining the Towne Family? Available positions are listed at www.townebank.com/careers. TowneBank and its affiliate companies support a diverse workforce and are Equal Opportunity Employers who do not discriminate against individuals on the basis of race, color, religion, national origin, age, sex (including pregnancy and gender identity), genetics, sexual orientation, disability, veteran status or other classification protected by law.

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