Insurance Broker

4 days ago Be among the first 25 applicants

If you are looking to be part of a national leading Insurance Brokerage corporation, look no further!

The E&S Broker is responsible for developing, managing, and sustaining profitable business. The role is responsible for building strong business relationships with the retail brokers and agencies assisting them in writing complex P&C wholesale business for their clients.

Responsibilities:

• Build strong relationships with retail brokers and agencies to craft a strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
• Understand the wholesale commercial insurance coverages, evaluate submissions from retail insurance brokers, and identify exposures and coverage required.
• Partner with retail brokers and agencies regarding risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers.
• Determine suitable insurance markets for quote requests, secure quotes, and manage the placement process according to broker and market agreements.
• Analyze and negotiate optimal quote terms for coverage and pricing and explain quote details to brokers to facilitate binding decisions.
• Establish revenue targets and growth of personal book of business through strategic sales targets.
• Partner with retail agencies and brokerage, acting as a key liaison between insurance markets and retail brokers and addressing their needs.

Work Experience:

• Minimum of 3-5 years of experience in wholesale brokerage, commercial insurance coverages, sales, or underwriting.

Education:

• Bachelor’s degree required — Business Administration, Sales, or Risk Management.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

• Industries

  Insurance

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