Maintains client contact regarding coverages, policy changes and/or problems. This position has high client contact, authorizes policy changes, and makes important business decisions in commercial, and/or specialty lines of coverage. Reviews and obtains necessary information to evaluate and process new business and renewal commercial accounts; Identifies opportunities by rounding of accounts where applicable.
Salary: $512001.00 - $72000.00 per year
Benefits
Annual Base Salary Based on Experience
Paid Time Off (PTO)
Health Insurance
Vision Insurance
Dental Insurance
Retirement Plan
Responsibilities
New Business
Analyzes Risk
Secures coverage requirements through discussions with producers and develops detailed
underwriting information for presentation to insurance companies or brokers
Collaborates with producers in reviewing complex business risk analysis, coverage
recommendations and in tailoring the needs of the client in relation to market capabilities to
ensure that the client obtains the most effective coverages
Reviews quotes from companies and prepares insurance proposals for clients/producers, as
required
After proposal acceptance, discusses premium terms, offer premium financing, manages
documentation to bind coverage with policy issuance instructions
Coordinates and cooperates with other departments to achieve total account, servicing and
objectives
Assigns assistants to prepare binders, certificates, Auto ID cards and invoice, as necessary
Advises unsuccessful quoting companies to close their files, suspends receipts of new policy
Renewals
Reviews expiration listing with producers and determine market availability.
Discusses renewal strategies, completes renewal applications, review quotes received and
collaborates with producers in reviewing complex business risk analysis.
Plans terms payment of premiums, offer premium financing, manages documentation to bind
coverage with policy issuance instructions
Assigns assistants to prepare binders, certificates, Auto ID cards and invoice Solicits renewal information from the insured Submits renewal instructions Suspends receipt of renewal policy
Requirements
Three years of experience in Property, Casualty insurance
Experience with Commercial insurance, business line customization, and/or rate negotiation
High school diploma or equivalent preferred
Producers license in Property and Casualty
Personal computer experience
Excellent problem solving, complex business risk analysis and decision-making skills on critical
business issues
Excellent communication, organizational and time management skills
Flexible; ability to work independently and under minimal supervision
Performs tasks with speed, quality and accuracy