Select Regional Placement Specialist

2 weeks ago


Woodland Hills, United States USI Holdings Corporation Full time

**General Description**: This position is responsible for independently managing the marketing/placement of new account opportunities (small business) with partner insurance carriers. Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement/binding process.

**Responsibilities**:

- Responsible for establishing/maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation
- Must be able to establish and maintain a strong relationship with carrier partners
- Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies
- Take part in carrier meetings and share information with Select operations and sales
- Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary.
- Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination
- Responsible for binding coverage with underwriters and finalizing the marketing process
- Responsible for complete and accurate documentation in agency management systems, marketing file of each account handled
- Required to perform essential functions; meeting service standards and best practices developed by USI
- Additional projects and duties as assigned.

**Knowledge, Skills and Abilities**:

- 4-7 years’ experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts
- College degree and insurance designations (CIC, ARM, AAI, CPCU) preferred
- Ability to work in a fast-paced environment with mínimal instruction, strong business acumen, and a high degree of frequency
- Sales driven and solution oriented to help meet production and growth goals
- Ability to creatively and proactively problem solve and negotiate
- Sets priorities and manages workflow to ensure efficient, timely, and accurate work
- Informed regarding industry and new product information, legislation, coverages and technology to continuously improve knowledge and performance
- Knowledge of agency management system, workflow procedures, underwriting, sales and service processes
- Proficient in Word and Excel
- Strong written, oral and interpersonal communication skills
- Must hold state Property & Casualty insurance license or willing to obtain one within an agreed upon timeframe
- Maintain a cordial and effective relationship with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment
- Effective interactions/communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI

Pay: $85,000.00 - $100,000.00 per year

**Benefits**:

- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Retirement plan
- Vision insurance

Experience level:

- 5 years

Schedule:

- Monday to Friday

**Experience**:

- commercial lines insurance: 1 year (required)

Ability to Commute:

- Woodland Hills, CA 91367 (required)

Work Location: Hybrid remote in Woodland Hills, CA 91367



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