Brokerage Specialist: Professional Lines - Hopkinton
: $87,700.00 - $162,370.00 /year *
: Financial Services - Insurance
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This position is focused on generating opportunities, client relationships and professional lines brokerage placements. Creates relationships with existing and new brokerage carriers, to negotiate terms and pricing with a high sense of urgency. Interacts with Companies and Brokers via telephone, e-mail, in-person visits, networking and regular mail.
Essential Duties and Responsibilities:
Develop client relationships to generate submission opportunities and a regular flow of business
Review submission documents received to prepare additional information including; loss pics/summaries, loss stratifications, risk summaries, narratives, online research and requesting additional information needed from the client
Select and market the risk, by line of coverage, to markets to negotiate terms & pricing
Provide comparisons and illustrations to compare options and support client presentation process
Utilizes knowledge of automated systems to develop information for new or renewal policies
Prepares quotations for clients and answers inquiries from clients, policyholder, or prospects
Reviews requests for cancellation, endorsements, etc.
Reviews policies for renewal consideration and remarketing
Request additional documentation necessary for the processing of an application, endorsement or cancellation.
Conduct marketing visits to clients and attend industry events
Work with support associates, assistants and central processing to assure work is completed in a timely manor and with accuracy. This may include mentorship and guidance of the team member working with you on risks
Performs other duties as assigned
Must have Producer's License
3 plus years of insurance experience
Basic familiarity with computers
Good oral and written communications skills
Strong analytical skills and the ability to pay attention to details.
A high sense of urgency
Resourceful and controlled assertive behavior characteristics
Must have demonstrated negotiation & sales skills
Technical knowledge of insurance coverage forms and their application to exposure
Knowledge of departmental regulations and policies
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
Strong interpersonal skills working with Staff and Company Underwriters
Experience in standard underwriting practices and procedures
Associated topics: agent, broker, commission, client, healthcare, insurance sales agent, life insurance sales, outside sales, sales position, sales representative
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.