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Internal Broker Specialist Supervisor
2 months ago
General Description:
Determine whether prospective client accounts can be placed within existing wholesale brokerage market carrier partners. Identify and arrange for appropriate insurance coverage through accessible wholesale brokerage and program markets. Provide management and oversight for Internal Broker Specialists.
Responsibilities:
Accountable for full-cycle recruitment, management, and development of assigned team. Includes providing leadership and guidance, training, and performance management.
Identify, plan, and resolve routine department coverage and workload issues. Take necessary action to resolve issues.
Market, quote, and bind new and renewal business directed to internal wholesale brokerage team.
Identify the appropriate market, price, coverage, terms, and conditions for internal clients.
Identify the need, order, and evaluate additional risk assessment information.
Evaluate quotes and contract provisions offered by insurance markets. Present pricing and terms.
Take policy to completion with recommending and binding coverage, invoicing, and policy issuance.
Develop and maintain relationships with internal resources and existing insurance carriers.
Build relationships with new insurance carriers, while also assisting to expand product offerings with current market partners.
Ensure a high degree of accuracy in agency management systems.
Engage in professional development and relevant industry training.
Maintain necessary licenses to underwrite business.
Keep informed about industry information, technology, and trends.
Knowledge, Skills and Abilities:
3-5 years of Property & Casualty brokerage or underwriting experience.
College degree preferred.
Ability to manage a team effectively.
Broad and deep knowledge of insurance industry market and appetite.
Working knowledge of Microsoft Office suite of products.
Ability to meet established performance and revenue targets.
Ability to provide market intelligence, consultation, and client-specific assistance to inside sales associates.
Physical Demands
Work is performed in a climate-controlled office environment with minimal noise and limited to no exposure to chemicals or toxins. Employees operate office equipment including telephone - headset, computer, computer monitors, keyboard, mouse, copier, scanner, and mail machine. Physical tasks of job include walking, sitting, standing, and bending.
Analysis of Physical Demands:
Constantly (over 66% of time) work performed requires employees to use repetitive hand motions such as typing, using a keyboard, and sitting at a desk.
Frequently (34%-66% of time) work performed requires employees to handle and grasp things, walk on normal surfaces, stand, and bend.
Occasionally (1%-33% of time) work performed requires employees to drive to client appointments, have repetitive foot movements, walk on uneven or slippery surfaces to and from work and occasionally reach outward to grab things and bend.
Rarely (
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