NFP, an Aon company
Commercial Insurance Broker/ Sr. Broker (Hybrid Boston, MA or NY)
NFP, an Aon company, Boston, Massachusetts, us, 02298
Overview
Commercial Insurance Broker/ Sr. Broker (Hybrid Boston, MA or NY) Base pay range: $75,000.00/yr - $150,000.00/yr. To learn more about compensation and benefits, talk with your recruiter. Who We Are
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals address risk, workforce, wealth management, and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com. Job Summary
The Commercial Lines Broker/Sr. Broker is responsible for broking new and renewal business, handling all aspects of the placements from initial market selection through policy delivery to client. In this role, you will focus on the largest and most complex placements, while serving in a leadership capacity to mentor and develop staff and cultivate strong insurer and insurer-client-broker relationships. To support hybrid/remote work, candidates must have access to a reliable, confidential, and interruption-free workspace, along with a stable high-speed internet connection. Essential Duties and Responsibilities
Proactively coordinate and manage broking around the renewal cycle in accordance to NFP’s service model standards and timelines. Define success and direct broking activity, individually and amongst the team, to achieve the optimal outcome for the client/prospect; ensure a go-to-market strategy is in place for each broking engagement. Demonstrate exceptional negotiation skills and the ability to interact with audiences of various seniority within client, carrier, wholesale and specialty organizations; effectively manage difficult scenarios and collaborate on alternatives and solutions. Execute client/prospect placements with a clear focus on driving the optimal outcome in both financial and non-financial terms. Collaborate with the account management team and client to ensure complete and timely submissions, respond to carrier queries, compile and analyze carrier quote proposals, and present clients with a clear summary of the marketing process and a proposal with recommendations. Develop creative solutions to address difficult placement scenarios; own the process and drive outcomes to enhance customer satisfaction. Lead team members in preparation of proposal presentations for existing and prospective clients. Support team members in responding to client queries and concerns to resolve issues promptly. Present proposals to producers and account management teams and lead client meetings. Oversee the development of sales documents, presentations, stewardship reports, and RFP responses for prospective clients. Prepare detailed and complex coverage and policy comparisons, diagnostics, consolidated coverage/policy analyses, letters, and reports under the direction of the Broking Team Leader. Oversee the review of binders and policies to ensure terms and conditions are accurately reflected. Provide leadership and demonstrate the ability to mentor, support and develop team members. Develop strong, productive, trustful and resilient relationships with carrier and wholesale partners and their staff and NFP local office teams. Provide oversight and ensure the accuracy of client and policy information in NFP’s Epic agency management system. Drive the use of data and analytics to provide meaningful program insight for clients and the broking team. Develop and deploy differentiated client services through the client stewardship process to enhance client relationships. Ensure technology resources are showcased and introduced to defined customers. Develop and maintain knowledge of the insurance marketplace, products, services, and risk financing strategies. Demonstrate an understanding of actuarial analysis and its concepts. Lead and support portfolio management objectives under the direction of the Broking Team Leader. Knowledge, Skills, and/or Abilities
Must be able to work a hybrid schedule from one of the listed offices. Excellent leadership and portfolio management skills with strong written and verbal communication. Sound understanding of broker operating fundamentals and financials. Excellent negotiation skills with ability to adapt the approach to different personalities. Excellent organizational skills with ability to adapt to changing workload and priorities. Ability to work collaboratively as a key team member and mentor to junior team members. Self-motivated with a positive attitude and sense of urgency. Strong attention to detail with analytical skills (quantitative and qualitative). Proven technical competency and creativity in delivering innovative property and casualty solutions. Confident, poised, and interactive with effective communication and emotional intelligence. Proficient in Microsoft Office Suite. Experience with Epic (agency management system) is a plus. Education and/or Experience
Minimum seven years insurance and Commercial Lines experience. Team leadership experience is a plus. Bachelor’s degree is preferred; high school diploma or equivalent is required. Certificates, Licenses, Registration
P&C License required or obtained within 90 days of employment. Advanced industry designation(s) (e.g., CPCU, CIC, ARM) preferred. What We Offer
We’re proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on lifelong relationships with our employees. The base salary range is $75,000 – $150,000 and will be determined by factors including experience, credentials, education, certifications, skill level, scope of the position, and geographic location. In addition, this position may be eligible for performance-based incentives. Equal Employment Opportunity
NFP is an inclusive Equal Employment Opportunity employer. Seniority level
Mid-Senior level Employment type
Full-time Job function
Business Development Industries: Insurance Referrals increase your chances of interviewing at NFP, an Aon company.
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Commercial Insurance Broker/ Sr. Broker (Hybrid Boston, MA or NY) Base pay range: $75,000.00/yr - $150,000.00/yr. To learn more about compensation and benefits, talk with your recruiter. Who We Are
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals address risk, workforce, wealth management, and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com. Job Summary
The Commercial Lines Broker/Sr. Broker is responsible for broking new and renewal business, handling all aspects of the placements from initial market selection through policy delivery to client. In this role, you will focus on the largest and most complex placements, while serving in a leadership capacity to mentor and develop staff and cultivate strong insurer and insurer-client-broker relationships. To support hybrid/remote work, candidates must have access to a reliable, confidential, and interruption-free workspace, along with a stable high-speed internet connection. Essential Duties and Responsibilities
Proactively coordinate and manage broking around the renewal cycle in accordance to NFP’s service model standards and timelines. Define success and direct broking activity, individually and amongst the team, to achieve the optimal outcome for the client/prospect; ensure a go-to-market strategy is in place for each broking engagement. Demonstrate exceptional negotiation skills and the ability to interact with audiences of various seniority within client, carrier, wholesale and specialty organizations; effectively manage difficult scenarios and collaborate on alternatives and solutions. Execute client/prospect placements with a clear focus on driving the optimal outcome in both financial and non-financial terms. Collaborate with the account management team and client to ensure complete and timely submissions, respond to carrier queries, compile and analyze carrier quote proposals, and present clients with a clear summary of the marketing process and a proposal with recommendations. Develop creative solutions to address difficult placement scenarios; own the process and drive outcomes to enhance customer satisfaction. Lead team members in preparation of proposal presentations for existing and prospective clients. Support team members in responding to client queries and concerns to resolve issues promptly. Present proposals to producers and account management teams and lead client meetings. Oversee the development of sales documents, presentations, stewardship reports, and RFP responses for prospective clients. Prepare detailed and complex coverage and policy comparisons, diagnostics, consolidated coverage/policy analyses, letters, and reports under the direction of the Broking Team Leader. Oversee the review of binders and policies to ensure terms and conditions are accurately reflected. Provide leadership and demonstrate the ability to mentor, support and develop team members. Develop strong, productive, trustful and resilient relationships with carrier and wholesale partners and their staff and NFP local office teams. Provide oversight and ensure the accuracy of client and policy information in NFP’s Epic agency management system. Drive the use of data and analytics to provide meaningful program insight for clients and the broking team. Develop and deploy differentiated client services through the client stewardship process to enhance client relationships. Ensure technology resources are showcased and introduced to defined customers. Develop and maintain knowledge of the insurance marketplace, products, services, and risk financing strategies. Demonstrate an understanding of actuarial analysis and its concepts. Lead and support portfolio management objectives under the direction of the Broking Team Leader. Knowledge, Skills, and/or Abilities
Must be able to work a hybrid schedule from one of the listed offices. Excellent leadership and portfolio management skills with strong written and verbal communication. Sound understanding of broker operating fundamentals and financials. Excellent negotiation skills with ability to adapt the approach to different personalities. Excellent organizational skills with ability to adapt to changing workload and priorities. Ability to work collaboratively as a key team member and mentor to junior team members. Self-motivated with a positive attitude and sense of urgency. Strong attention to detail with analytical skills (quantitative and qualitative). Proven technical competency and creativity in delivering innovative property and casualty solutions. Confident, poised, and interactive with effective communication and emotional intelligence. Proficient in Microsoft Office Suite. Experience with Epic (agency management system) is a plus. Education and/or Experience
Minimum seven years insurance and Commercial Lines experience. Team leadership experience is a plus. Bachelor’s degree is preferred; high school diploma or equivalent is required. Certificates, Licenses, Registration
P&C License required or obtained within 90 days of employment. Advanced industry designation(s) (e.g., CPCU, CIC, ARM) preferred. What We Offer
We’re proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on lifelong relationships with our employees. The base salary range is $75,000 – $150,000 and will be determined by factors including experience, credentials, education, certifications, skill level, scope of the position, and geographic location. In addition, this position may be eligible for performance-based incentives. Equal Employment Opportunity
NFP is an inclusive Equal Employment Opportunity employer. Seniority level
Mid-Senior level Employment type
Full-time Job function
Business Development Industries: Insurance Referrals increase your chances of interviewing at NFP, an Aon company.
#J-18808-Ljbffr