Placement Specialist

1 week ago

Fresno, California, United States Renaissance Services Full time

Placement Specialist (Commercial Lines)

Maximise your chances of a successful application to this job by ensuring your CV and skills are a good match.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Manages and delivers commercial lines marketing and account placement services and expertise, and performs research on carriers' marketing material to search the marketplace for appropriate coverage for submissions
  • Coordinates and gathers submission information to ensure proper placement of coverage in the timeframe available for new business and remarket opportunities identified by assigned agency members
  • Provides analysis of information regarding carrier underwriting preferences to member agents and confirms market access with them
  • Monitors status of quotes as they move through underwriting and rating to identify potential problems. Negotiates coverage and pricing as required to ensure delivery of quotes on or before established target dates. Assures all conditional requirements of binding are satisfied within required timeframes
  • Maintain a working knowledge of carrier appetites, underwriting guidelines, and the published rating programs for various Renaissance carriers and a full understanding of the various carrier products for both coverage and pricing. Leverages in-house rating platform to provide comparative, competitive quotes for the submissions received from assigned agencies
  • Establishes and maintains meaningful professional relationships with assigned member agency principals and commercial lines team members through open and direct personal communications and provides timely and accurate information and assistance in the successful generation of new business and renewal retention of existing customer accounts
  • Proactively promotes Renaissance marketing and account placement initiatives, products, and specialty programs and educates assigned agencies principals and commercial lines staff on the competitive advantages of Renaissance as well as our value proposition
  • Effectively manages conflict resolution among carrier underwriters related to marketing and account placement or related activities
  • Participates and collaborates with other Renaissance functional teams and serves on firm-wide projects and initiatives
  • Consistently adheres to and performs standard operating policies and procedures to ensure real-time data and metrics reporting integrity and accuracy in technology applications including, but not limited to, Renaissance agency and content management systems and proprietary insurance carrier rating systems
  • Performs back-up tasks and responsibilities for other team members as required

QUALIFICATIONS & COMPETENCIES

In-depth knowledge of Commercial Insurance (P&C), Risk Management and Loss Control strategies

Organizational skills to simultaneously manage several projects, provide successful outcomes, and accurately document all activity in a timely manner

Confident and effective communications skills with a professional demeanor through oral and written means with a diverse range of individuals both internally and externally

Relational-- exhibits a confident demeanor, a positive attitude, and genuine friendliness. Is honest, respectful, considerate, empathetic, and approachable

Adaptable--ability to be flexible and adjust to new or changing priorities and situations

Resilient-- self-assured, enthusiastic, and determined to overcome obstacles and challenges to reach goals and exceed expectations

Problem Solver--capable of identifying current and potential situations, use analytical thinking to consider all factors, and implement effective solutions.

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