Property & Casualty Broker

Job Description

Property & Casualty Broker

Job Summary

A leading wholesaler is seeking a motivated and experienced Property & Casualty Broker to join their team. This role is responsible for cultivating and managing relationships negotiating policies and ensuring optimal coverage for clients.

Responsibilities

• Cultivate and maintain strong relationships with clients and partners.
• Work closely with underwriters agents and other stakeholders to streamline processes and improve efficiency.
• Focus on growing and maintaining agency relationships to foster long-term partnerships and business success.
• Stay abreast of industry trends market conditions and regulatory changes to provide informed advice and services.
• Develop strategies to effectively market insurance products to both new and existing clients.
• Actively seek opportunities for growth in both new markets and renewal business.
• Evaluate client risks and insurance needs to determine the best coverage options.
• Ensure the timely completion of submissions quotes and all related administrative processes to maintain operational efficiency.
• Prepare detailed submissions to present client risks to insurance carriers.
• Collaborate with insurers to obtain the best terms and coverage options for clients.
• Present and negotiate insurance policies with potential clients to secure new business.
• Negotiate coverage terms premiums and conditions with insurance carriers on behalf of clients.
• Handle the placement of accounts ensuring that clients receive the best possible coverage options.
• Ensure all policy details are accurately documented and that client coverage is placed effectively with the chosen carrier.
• Maintain a high level of service and responsiveness to client needs and inquiries.

Qualifications/Requirements

• Demonstrates strong verbal and written communication skills.

• In-depth knowledge and practical experience in property and casualty insurance including coverages rating terminology and technical procedures.

• Strong analytical and problem-solving skills.
• Experienced in building and maintaining positive client relationships ensuring exceptional customer service and satisfaction.
• Ability to work in a team environment and across all organizational levels while adhering to all policies procedures and regulations.
• Holds an active P&C Insurance License; committed to meeting license renewal requirements.
• 5 years of relevant insurance industry experience preferred.

• Previous production experience with either a wholesaler or insurance agency.
• Previous wholesale experience is required.
• Previous outbound marketing experience is required.

• Above average computer skills with the capacity to master essential software programs.

Compensation Package

• Excellent opportunities for professional growth and advancement.
• Competitive compensation: Between $100K-$130K (based on experience).
• Paid time off and company holidays.
• Comprehensive benefits package including health dental vision 401(k) and more.
• Hybrid work schedule available.

Disclaimer: Please note that this job description may not cover all duties responsibilities or aspects of the role and it is subject to modification at the employers discretion.

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