Wholesale Insurance Placement Specialist

Summary:

The Wholesale Insurance Placement Specialist identifies optimal insurance solutions for clients who primarily consist of retail brokers and agents. This position leverages extensive expertise and deep market knowledge to orchestrate negotiations with carriers and underwriters securing advantageous terms and conditions for intricate and high-risk accounts. In addition to facilitating the placement process this position will foster exceptional service delivery and cultivate enduring relationships with both internal and external stakeholders.

Why Jewelers Mutual:

We are a financially secure exceptionally positioned and intellectually curious company driven by our core values of Agility Accountability and Relevancy! We continue to raise the tide of the jewelry industry weve served since 1913 through our innovative people our unyielding customer commitment and evolution of our products and services to be the most trusted advisor to all we serve.

With a generous benefits package office locations throughout the United States and a mantra of making your mark today consider evolving your career and shining bright with Jewelers Mutual Group!

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Conduct comprehensive review and analysis of client submissions discern coverage requirements and formulate effective marketing strategies.
• Engage in meticulous market research to identify suitable markets solicit and assess quotes and present compelling proposals to clients.
• Spearhead negotiations with carriers and underwriters regarding coverage pricing terms and conditions ensuring favorable outcomes.
• Oversee the preparation and issuance of binders policies endorsements invoices and other essential documentation.
• Ensure steadfast adherence to company policies procedures and regulatory mandates throughout the placement process.
• Exhibit adept communication and professionalism in interactions with clients carriers and colleagues fostering collaborative relationships.
• Cultivate enduring positive relationships with clients carriers and colleagues to fortify the companys position in the market.
• Remain abreast of industry trends market dynamics and product innovations to inform strategic decision-making.
• Participate actively in training and development initiatives actively pursuing professional certifications and designations to enhance expertise.

Qualifications:

• Bachelors degree in business finance insurance or a related discipline.
• Demonstrated proficiency with a minimum of 3 years of experience in wholesale insurance placement brokerage or underwriting.
• Possession of a current insurance license or the ability to obtain one within 90 days of hire.
• Extensive knowledge of commercial lines insurance products and markets coupled with strong analytical capabilities.
• Exceptional negotiation communication and presentation skills.
• Meticulous attention to detail accuracy and commitment to delivering high-quality results.
• Ability to thrive both independently and collaboratively in a dynamic fast-paced environment.
• Proficiency in Microsoft Office suite and other relevant software applications.
• Possession of a current insurance license or the ability to obtain one within 90 days of hire

Required Experience:

Unclear Seniority