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Marketing Manager

1 month ago

chicago, United States The Larko Group Full time

Commercial Insurance Marketing Manager

Play a critical role in the efficient functioning of a unique insurance company. This team is more than your average insurance guy, they are true partners and advisors to their clients. Match this customer-focused mindset, bring your knowledge of insurance and your passion for making a difference. If you are ready to leave the old insurance industry behind this is a career-changing opportunity.


Responsibilities

  • Maintain current and relevant knowledge of the insurance marketplace and act as an internal market resource and liaison. Meet with carriers to learn new products, appetites, and service enhancements. Build strong and mutually beneficial relationships with carriers and wholesalers.
  • Meets with the account team to evaluate account needs and select appropriate markets. Act as a consultant to the team to offer up-to-date market intelligence on products and services, programs, and carrier appetites and guide the marketing strategy for assigned accounts. Provides creative solutions for coverage placement.
  • Evaluate risks and determine appropriate coverage and pricing terms to meet client needs. Discuss risks with relevant markets to gauge interest. Create specifications in the systems and order submission creation within agreed-upon service level time frames.
  • Control and oversee the submission process. Review drafts of submissions until all corrections and updates have been addressed. Ensure that all current term policy changes occurring during the renewal cycle are captured in submissions.
  • Send submissions to selected markets. Follow up for quotes. Answer questions and obtain additional information required by underwriters to generate quotes. Negotiate best terms and prices on behalf of clients and favorable commissions on behalf of the agency.
  • Obtain revised and final quotes. Compare and evaluate quotes in conjunction with the account team. Selects those suitable for presentation to clients.
  • Order proposals within service-level time frames. Provide all information necessary for the completion of the proposal. Review and order final corrections and revisions to the template. Approve the final version. Give instructions for proposals as needed, including additional inserts, exhibits, brochures, reports, etc.
  • Document all marketing activities by established procedures so that all account stakeholders can access status reports.
  • Order binders from winning markets and alert losing markets of the outcome of proposal meetings in a manner that will enhance and demonstrate respect that will foster continued good market relationships. Alerts internal service teams about orders to bind. Update all systems to document and finalize the marketing cycle.
  • Performs other duties as requested, including exercising discretion and judgment in prioritizing workload.


Ideal Experience

  • Bachelor’s degree in business, commercial insurance, or a related field.
  • 5-15 years of experience, ideally within the insurance industry.
  • Experience managing and building relationships with internal and external customers, insurance partners, and service vendors.
  • Excellent negotiation and relationship management skills
  • Must have strong commercial lines, and technical and market knowledge. Must understand a broad range of coverage and risk alternatives.
  • Highly proficient with Microsoft Word and Excel
  • Extremely organized. A strong sense of urgency with a strong attention to detail & follow-through.
  • Must be able to work independently on a team and under pressure
  • Analytical-technically oriented. Strong attention to detail and follow-through.


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The Larko Group is a premier Staffing & Recruiting firm based in Chicago, with a nationwide reach, for Direct Hire, Temporary-to-Hire, and Temporary/Project jobs. We specialize in Executive Assistant, Administrative Assistant, Personal Assistant, Chief of Staff, Office Manager, Receptionist, General Office, General Labor (warehouse), Event Support, Project Management, and Customer Service.