USI Insurance Services
Insurance Placement Specialist
USI Insurance Services, Irvine, California, United States, 92713
Overview
General Description:
This position is responsible for independently managing the marketing/placement of new account opportunities (small business) with partner insurance carriers. Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement/binding process. Responsibilities
Responsible for establishing/maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation. Must be able to establish and maintain a strong relationship with carrier partners. Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies. Take part in carrier meetings and share information with Select operations and sales. Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination. Responsible for binding coverage with underwriters and finalizing the marketing process. Responsible for complete and accurate documentation in agency management systems, marketing file of each account managed. Required to perform essential functions; meeting service standards and best practices developed by USI. Additional projects and duties as assigned. Knowledge, Skills, And Abilities
3-7 years’ experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts. College degree and insurance designations (CIC, ARM, AAI, CPCU) preferred. Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of frequency. Sales driven and solution-oriented to help meet production and growth goals. Ability to solve problems and negotiate creatively and proactively. Sets priorities and manages workflow to ensure efficient, timely, and accurate work. Informed regarding industry and new product information, legislation, coverages, and technology to continuously improve knowledge and performance. Knowledge of agency management system, workflow procedures, underwriting, sales, and service processes Proficient in Word and Excel Strong written, oral, and interpersonal communication skills Must hold state Property & Casualty insurance license. Maintain a cordial and effective relationship with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment. Effective interactions/communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI. Why USI?
USI is a leading insurance brokerage and consulting firm offering a comprehensive benefits package and opportunities for professional development. We support a diverse, equitable, and inclusive workplace and provide resources to help associates grow. Company Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Other Industries: Insurance
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General Description:
This position is responsible for independently managing the marketing/placement of new account opportunities (small business) with partner insurance carriers. Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement/binding process. Responsibilities
Responsible for establishing/maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation. Must be able to establish and maintain a strong relationship with carrier partners. Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies. Take part in carrier meetings and share information with Select operations and sales. Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination. Responsible for binding coverage with underwriters and finalizing the marketing process. Responsible for complete and accurate documentation in agency management systems, marketing file of each account managed. Required to perform essential functions; meeting service standards and best practices developed by USI. Additional projects and duties as assigned. Knowledge, Skills, And Abilities
3-7 years’ experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts. College degree and insurance designations (CIC, ARM, AAI, CPCU) preferred. Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of frequency. Sales driven and solution-oriented to help meet production and growth goals. Ability to solve problems and negotiate creatively and proactively. Sets priorities and manages workflow to ensure efficient, timely, and accurate work. Informed regarding industry and new product information, legislation, coverages, and technology to continuously improve knowledge and performance. Knowledge of agency management system, workflow procedures, underwriting, sales, and service processes Proficient in Word and Excel Strong written, oral, and interpersonal communication skills Must hold state Property & Casualty insurance license. Maintain a cordial and effective relationship with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment. Effective interactions/communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI. Why USI?
USI is a leading insurance brokerage and consulting firm offering a comprehensive benefits package and opportunities for professional development. We support a diverse, equitable, and inclusive workplace and provide resources to help associates grow. Company Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Other Industries: Insurance
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