Distribution Representative in Commercial Lines

1 week ago

New York, United States FTC FIRM Full time

**JOB SUMMARY**

We are seeking an experienced Distribution Representative in Commercial Lines. This Distribution Representative will be based in the northern New Jersey and New York territory, so that they can work closely with existing and new distribution partners to secure new business for the organization.

**Qualifications**:

- Bachelor’s Degree preferred (High School Diploma or GED required)
- Must have existing relationships/connections with Insurance Brokerages in **market (five boroughs of New York or Long Island)** that they can leverage and **must** live within their territory
- 5 years of sales experience overall and at least 4-5 years of selling commercial lines
- Knowledge of insurance underwriting procedures
- Minimum 4-5 years’ commercial insurance company experience in insurance industry, specifically in either Commercial Lines Marketing, Sales, Production Underwriting, Distribution and/or Relationship Management within the northern New Jersey and New York market - must maintain and remain current with their producers' state licenses and continuing education credits
- Excellent communication and interpersonal skills.
- Proficiency in documentation
- Strong ethical and professional conduct.

**What can you expect to do?**
- Match existing northern New Jersey and New York existing agent relationships and books of business opportunities with those of NJM
- Based on this analysis recommend for appointment new commercial lines distribution partners in the territory. Ultimately through the review process sign up all appropriate agents based on the strength of these current relationships
- Pursue, upsell, cross-sell, recapture opportunities with agencies/brokers
- Coordinate New Business Proposal Meetings on key accounts to agencies and brokers; present NJM optional plans
- Key account pre-renewal discussion with agencies
- Review competitor plans with NJM underwriting to ensure best pricing offered
- Lead annual planning process. Implement and monitor throughout year
- Review underwriting appetite and services with agencies and brokers
- Attend POS (Point of Sale) when possible with agencies/brokers
- Assist with contracting new agencies/brokers
- Assist with onboarding and terminating agencies/brokers as required
- Maintain agency/broker profiles
- Attend corporate functions including Corporate Giving, Chamber of Commerce and Marketing events

**What will make you successful?**
- Sales oriented with experience and successful track record selling standard commercial lines products in the noted territories
- Ability to communicate orally and in writing with others to explain complex issues
- Full knowledge of all commercial line’s standard insurance products and usages
- Ability to manage multiple clients, tasks, and requests
- Adequate knowledge of rating procedures, coverages, and industry operations to effectively manage, maintain, and write assigned client and prospect lists
- Knowledge of insurance markets and reference to markets
- Knowledge of insurance underwriting procedures
- Results oriented with the ability to meet strategic goals as required for the assigned territory
- Excellent analytical, problem resolution, negotiating and project management skills
- Professional, committed, and self-motivated with the ability to focus on daily tasks
- Proficient with Microsoft Office - Outlook, Word, Excel

**FTC Firm’s Core Values**
- **Stay Passionate - Our passion for our work shines through our stakeholder relationships**:

- **Earn Trust - We are committed to building trust with all stakeholders as the key component to any growing relationship.**:

- **Keep It Simple - We strive to simplify our processes so we can get to what matters.**:

- **Center Fairness - Everyone should benefit from the staffing and recruitment process**

Pay: Up to $110,000.00 per year

Weekly day range:

- Monday to Friday

Work setting:

- Remote

**Experience**:

- Commercial Insurance: 5 years (required)

**Location**:

- New York, NY (required)

Ability to Commute:

- New York, NY (required)

Work Location: Remote

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