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Private Client Placement Specialist
2 months ago
Position Overview:
The Private Client Placement Specialist works as part of the risk assessment and placement team that supports sales and account management within Private Client. This role will be primarily focused on the marketing of high net worth and ultra-high net worth opportunities including new placements as well as renewal activities.
Critical Job Functions:
Develop and maintain superior knowledge and expertise of carrier markets and their appetites
Work with the expanded Private Client teams to market both new and renewal business
Analyze client needs and contrast with existing coverage to identify potential gaps, opportunities, and solutions
Professionally educate the client through detailed illustrations of coverage options
Advocate for the client by developing detailed knowledge of our client, their needs, and unique exposures
Produce accurate proposals
Follow all procedures in new account and renewal process
Complete all pre and post-sale paperwork
Initiate a consultation with the appropriate account manager to introduce them to the nuances of a new account
Assist in the annual review process for private client accounts
Develop cooperative professional relationships with our insurance carrier underwriters for the purpose of achieving the desired result
Skills & Qualifications:
Minimum of 5 years of private client insurance experience
Ability to manage multiple priorities, take direction from multiple sources, and prioritize using sound judgement
Must be accurate, detailed and thorough
Strong analytical & problem-solving skills
Ability to work independently
Strong persuasion and negotiation skills
Strong business writing skills
Educational requirement:
College graduate or experience equivalent
Possession and maintenance of a broker’s license in state hired
Technology/skills requirement:
Ability to perform coverage analysis
Proficient in navigating insurance company websites
Proficient in Microsoft Word, Excel, and PowerPoint
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