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Insurance Broker for Wholesale Markets

2 months ago


Hartford, Connecticut, United States Novatae Risk Group Full time
Job Opportunity at Novatae Risk Group

Job Summary:

Novatae Risk Group is a national wholesale brokerage firm specializing in hard-to-place commercial insurance coverages. We are seeking an experienced Commercial Excess & Surplus Broker to join our team.

Key Responsibilities:

  • Submission Preparation: Oversee the preparation of submissions, including applications and supporting documents, to ensure timely and accurate delivery to insurance carriers.
  • Account Presentation: Present accounts to insurance carriers in a favorable light, proactively working to obtain compelling programs.
  • Business Development: Market new and renewal business in conjunction with designated sales teams, identifying opportunities for growth and cultivating new markets.
  • Program Analysis: Collect necessary information, analyze current programs, and order underwriting reports as needed to ensure accurate and timely quotes.
  • Administrative Support: Coordinate and handle administrative workflows with support teams to establish accurate and prompt responses to service issues.

Requirements:

  • Business Writing and Analysis: Skilled in business writing and situation analysis, with the ability to thrive in a team environment and autonomously.
  • Insurance Knowledge: Strong knowledge and experience of property and casualty insurance, including coverages, rating, terminology, and technical procedures.
  • Sales and Communication: Must be sales-driven, a 'people person' who can establish new relationships and learn communication strategies and sales methods.
  • Education and Experience: A four-year college degree is preferred, with 1-3 years of relative experience in wholesale brokerage or MGA.

Equal Employment Opportunity:

Novatae Risk Group celebrates and supports our differences, recognizing that a diverse team allows our employees, products, and community to flourish. We are an equal opportunity workplace, dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status.