Insurance Placement Executive
1 month ago
The Commercial Lines Placement Executive for Fred C. Church, an AssuredPartners company, collaborates with producers and/or client managers to place insurance for client accounts, responds to inquiries regarding new accounts, negotiates premiums and terms with insurance carrier underwriters, receives, compares and analyzes carrier proposals, and binds coverage.
The Ideal Candidate
- A true professional, you are an excellent balance of strong work & technical skills while being a team player.
- You are a great communicator up, down and across an organization and work well with other teams.
- The results of your work speak for themselves and drive the business forward.
If this sounds like you, we invite you to keep reading and apply
What You'll Do- Follows up with insurance carrier underwriters to answer questions and solicit quotes for new business and renewals that are being remarketed.
- Must be able to manage high level of insurance related information in a variant of formats and be able to identify appropriate carriers for risks in a timely manner.
- Negotiates premiums, coverages, terms, and conditions with insurance markets for prospective and current clients in accordance with carrier delegated underwriting capacity and appetite.
- Meets with insurance carrier underwriters and marketing personnel to develop business relationships in order to determine carrier’s interest in various classes of business.
- Prepares and send new and renewal remarket business submissions to appropriate insurance companies.
- Consults with Producers on markets for their risks, appropriateness of coverage structure, and negotiate pricing and coverage terms with carriers. Assists with pre-underwriting information gathering, coverage analysis, and proposal presentations if needed. Negotiates price and terms.
- Quotes submissions using online carrier rating systems.
- Assists in executing marketing strategies and objectives.
- Assists in the analysis of lines of coverage and insurance company trends with the intent of maximizing opportunities for new business placement and customer retention. Plans and conducts market research to identify opportunities for increased sales.
- Other duties as assigned.
- Travel is expected to be less than 10% in this role.
To help you make the best decision for your personal growth, it’s important to us to share a glimpse of what we offer our top asset, our people:
- Competitive base salary
- Generous 30+ Days Comprehensive Paid Time Off Package inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days
- Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options
- Company match 401(k) plan – 50% up to 6%
- Support of your fitness wellness goals We offer up to 75% off at over 11,000 gyms and fitness centers
- Opportunity to prioritize your mental health with 24/7 access to licensed therapists
- Pet benefits & discounts
- Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout AssuredPartners
Please note that it is expected that the person in this role will work from our Lowell, MA office. Once an onboarding and training period has been completed, the employee may take advantage of our hybrid schedule of three days in the office and two days from home.
What You'll Need- Full knowledge of insurance markets. Maintain full knowledge of market underwriting appetite, line of business trends, insurance company changes, and coverage development.
- Desk underwriting experience a plus.
- Creative approach to problem solving.
- Motivation to work collaboratively and lead by example.
- 5+ years of related experience; advanced degree from college or technical school or equivalent combination of education and experience.
- Applicable insurance license(s) preferred
- Tech savvy; ability to navigate multiple systems including Agency Management Software (EPIC preferred) and Microsoft Office products.
AssuredPartners is passionate about fueling our clients’ innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families and people thrive.
We’re proud to be the fastest-growing independent insurance broker in America, but we’re even prouder of the honest, caring relationships that our employees build with our clients every day.
Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us.
AssuredPartners is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. AssuredPartners is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger
About Fred C. ChurchFred C. Church Insurance, an AssuredPartners company, is one of the largest insurance brokerages in the Northeast. We provide property & casualty and employee benefits solutions, risk management consulting services, and private client asset protection. With over 158 years of industry experience and multiple locations throughout New England and Colorado, our insurance professionals, risk consultants, and claims advocates deliver a superior customer experience. Our hands-on approach, strategically developed to identify, assess, and address risk, provides personal and business clients of any size and specialty with the advice and guidance they need to make informed decisions about their insurance. AssuredPartners is the sixth largest broker in the country, offering us access to even more insurance markets and products.
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