USI Insurance Services
Commercial Insurance Placement Specialist
USI Insurance Services, Kimberly, Wisconsin, United States, 54136
Overview
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
Establishing/maintaining a relationship with the production team; obtain pertinent information via the producer to obtain a quotation. 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. Negotiate and present opportunities to carrier partners for interest; quote online via carrier rating tools or submit to underwriter; collaborate with Team Lead when necessary. Complete the marketing summary outlining terms, rates, commissions, bind order documents, and carrier responses including reason for declination. Bind coverage with underwriters and finalize the marketing process. Ensure complete and accurate documentation in agency management systems and the marketing file for each account managed. Perform essential functions; meet 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; comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts. Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of initiative. 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 systems, 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 cordial and effective relationships with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment. Effective interactions/communications with others; cooperatively providing information and guidance as needed to achieve USI business goals. #LI-CG1 #LI-Hybrid Why USI?
With more than $2.7 billion in revenue and over 10,000 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. USI emphasizes dynamic personal and professional development and invests in its associates through reward and recognition programs. Unrivaled Resources and Support
USI ONE Advantage delivers a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE represents Omni, Network, Enterprise—the key elements that distinguish USI and support the development of strategic, timely, and effective risk management and benefit programs. Industry-Leading Programs, Rewards, and Recognition
USI offers competitive pay, incentives, and benefits, and recognizes associates through programs like Summit Awards. Additional programs include wellness initiatives, college scholarships for associates’ children, and financial assistance in times of need. Deep Community Engagement
USI supports local communities and sustainability, volunteering time and resources to non-profits and environmental initiatives while partnering with eco-conscious vendors to reduce environmental footprint. Committed to a Diverse, Equitable, and Inclusive Workplace
Our I’m With U diversity, equity, and inclusion program educates associates to better understand and serve clients, prospects, colleagues, and communities through curated education, training resources, employee support, and community outreach to build an inclusive culture. Nationally Recognized as a Top Insurance Employer
Recognized as Insurance Business America’s Top Insurance Employers for seven consecutive years (2018-2024). Named to Business Insurance’s Best Places to Work in Insurance list (2020-2024). Named to Fortune’s 2024 Best Workplaces in Financial Services & Insurance. Honored by Glassdoor as a Best-Led Company in the U.S. in 2024. Recognized by Newsweek as one of America’s Greatest Workplaces for Diversity in 2024. USI is committed to providing a full-suite of competitive benefits, including medical, wellness, dental and vision, 401(k), FSA/HSA options, disability and life insurance, paid time off, family leave, and holidays.
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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
Establishing/maintaining a relationship with the production team; obtain pertinent information via the producer to obtain a quotation. 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. Negotiate and present opportunities to carrier partners for interest; quote online via carrier rating tools or submit to underwriter; collaborate with Team Lead when necessary. Complete the marketing summary outlining terms, rates, commissions, bind order documents, and carrier responses including reason for declination. Bind coverage with underwriters and finalize the marketing process. Ensure complete and accurate documentation in agency management systems and the marketing file for each account managed. Perform essential functions; meet 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; comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts. Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of initiative. 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 systems, 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 cordial and effective relationships with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment. Effective interactions/communications with others; cooperatively providing information and guidance as needed to achieve USI business goals. #LI-CG1 #LI-Hybrid Why USI?
With more than $2.7 billion in revenue and over 10,000 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. USI emphasizes dynamic personal and professional development and invests in its associates through reward and recognition programs. Unrivaled Resources and Support
USI ONE Advantage delivers a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE represents Omni, Network, Enterprise—the key elements that distinguish USI and support the development of strategic, timely, and effective risk management and benefit programs. Industry-Leading Programs, Rewards, and Recognition
USI offers competitive pay, incentives, and benefits, and recognizes associates through programs like Summit Awards. Additional programs include wellness initiatives, college scholarships for associates’ children, and financial assistance in times of need. Deep Community Engagement
USI supports local communities and sustainability, volunteering time and resources to non-profits and environmental initiatives while partnering with eco-conscious vendors to reduce environmental footprint. Committed to a Diverse, Equitable, and Inclusive Workplace
Our I’m With U diversity, equity, and inclusion program educates associates to better understand and serve clients, prospects, colleagues, and communities through curated education, training resources, employee support, and community outreach to build an inclusive culture. Nationally Recognized as a Top Insurance Employer
Recognized as Insurance Business America’s Top Insurance Employers for seven consecutive years (2018-2024). Named to Business Insurance’s Best Places to Work in Insurance list (2020-2024). Named to Fortune’s 2024 Best Workplaces in Financial Services & Insurance. Honored by Glassdoor as a Best-Led Company in the U.S. in 2024. Recognized by Newsweek as one of America’s Greatest Workplaces for Diversity in 2024. USI is committed to providing a full-suite of competitive benefits, including medical, wellness, dental and vision, 401(k), FSA/HSA options, disability and life insurance, paid time off, family leave, and holidays.
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