Inside Broker

Position Summary:

Responsible for assisting Broker in developing, managing and sustaining profitable business by providing high level technical expertise and customer service. Responsible for managing a Broker’s book of business in-house.

Essential Functions:

- Assists Broker in managing the service and market placement of Broker's portfolio of commercial insurance accounts.
- Maintains cooperative and dependable relationships with retail agencies and brokerages; may make marketing calls to the agencies/brokerages on behalf of the Broker.
- May be responsible for targeted revenue goals.
- Demonstrates broad knowledge of commercial insurance coverages with insurance carriers and other markets.
- Evaluates submissions from retail insurance brokers; identifies exposures and coverage required.
- Identify appropriate markets to request quotes from based on coverage requirements.
- Follows through with market placements as agreed with Broker.
- May create submissions to insurance market selections.
- Communicates and negotiates with insurance markets and retail brokers.
- Evaluates quotes and contract provisions offered by insurance markets.
- May present competitive pricing, contract language and necessary details on quotes to retail insurance brokers and will discuss any questions and binding of quote with an agent.
- Successfully negotiates market placement of new and/or renewal business as directed by Broker; bind orders.
- Works to help ensure all documents are attached and maintained for the appropriate policy/account.
- Other duties as assigned.

Education/Experience/Skills:

- Bachelor's degree preferred; equivalent experience and knowledge considered.
- 5+ years of relevant experience in a commercial insurance brokerage or underwriting environment.
- Wholesale brokerage experience preferred.
- Demonstrated understanding of commercial insurance coverages and relevant forms.
- Must be licensed by appropriate state or be able to quickly obtain insurance license.
- Track record of trusted working relationships with carriers and markets.
- Highest level of customer relations and negotiating skills to effect profitable results.
- Independent judgment is required to plan, prioritize and organize diversified workload.
- Critical attention to details.
- Proficient in Microsoft Office including Word, Outlook and Excel.
- Ability to travel as needed.
- May be required to have and maintain a valid driver’s license

Disclaimer

Ryan Specialty is an Equal Opportunity Employer