Insurance Industry Development Manager
7 days ago
Harrison Gray Search and Consulting LLC, a reputable insurance brokerage firm, is seeking an experienced Commercial Lines Producer to join their team. This role offers a competitive salary, commensurate with experience, of around $80,000 - $110,000 per annum.
Job Description:
The Commercial Lines Producer will be responsible for developing new business opportunities and managing client relationships within the commercial insurance sector. Key responsibilities include:
- Business Development: Identify and pursue new leads through networking, referrals, and cold calling to expand the client base.
- Client Consultation: Conduct thorough insurance needs assessments for businesses, analyze risk exposures, and recommend suitable insurance solutions.
- Proposal Preparation: Prepare and present comprehensive insurance proposals to clients, outlining coverage options, policy terms, and premiums.
- Negotiation: Negotiate terms and conditions with insurance carriers to secure competitive pricing and favorable coverage terms for clients.
- Relationship Management: Build and maintain strong relationships with clients, insurance carriers, and other key stakeholders to ensure client retention and satisfaction.
- Policy Management: Oversee the policy issuance process, including reviewing policy documents for accuracy and completeness.
- Risk Analysis: Analyze market trends, industry developments, and regulatory changes to advise clients on risk mitigation strategies.
- Compliance: Ensure compliance with insurance regulations and company policies in all client interactions and transactions.
- Team Collaboration: Collaborate with internal teams, including account managers and support staff, to deliver seamless service to clients.
Requirements:
- Prior experience as a Commercial Lines Insurance Producer or similar role within an insurance brokerage firm.
- Strong sales and negotiation skills with a track record of achieving sales targets and retaining clients.
- Excellent interpersonal skills with the ability to build rapport and trust with clients and industry contacts.
- Strong analytical and problem-solving abilities to assess client needs and recommend suitable solutions.
- Active insurance producer license.
- Bachelor's degree in Business Administration, Finance, Insurance, or related field preferred.
Benefits:
- Competitive salary and benefits package.
- Ongoing training and professional development programs.
- Health, Dental, Vision, and 401k match.
- Onsite Fitness Center.
- State-of-the-art HQ.
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