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E&O Insurance Sales Specialist
2 months ago
Position Summary: This position is designed to bolster the Agency Services team at OIA by assisting independent agencies in obtaining essential insurance coverage for their operations. The E&O Sales Specialist will play a pivotal role in enhancing the Agency Services portfolio by actively developing a strong pipeline of potential clients, engaging in focused outreach initiatives, and successfully closing new business deals.
Mission Statement: Act as OIA's main liaison for generating new business opportunities related to E&O insurance policies. Establish and uphold a systematic approach to new business development that drives sales for E&O policies, ensuring OIA's safeguard against liability risks.
Benefits Offered
Paid Time Off (PTO)
Health Coverage
Dental Coverage
Vision Coverage
Life Insurance
Standard Work Schedule
Retirement Savings Plan
Evenings Off
Remote Work Options
Flexible Working Hours
Disability Coverage
Key Responsibilities
Essential Duties:
- Conduct outbound outreach to E&O prospects in the designated regions.
- Generate new business for Agency Services offerings through phone communications, email outreach, collaboration with marketing teams on campaigns, and participation in OIA events to promote services.
- Follow up on new business leads, verify submission details with agents, liaise with carriers for quotes, present quotes to clients, and ensure proper issuance of policies.
- Cross-sell additional insurance products to enhance client accounts.
- Acquire knowledge of and adhere to all policies and procedures related to E&O, cyber liability, EPLI, Umbrella, and other agency coverages.
- Foster and strengthen relationships between OIA, clients, agents, and insurance carriers.
- Perform any other related tasks as assigned.
Qualifications
Education and Experience: Comprehensive understanding of risk management, insurance principles, professional liability, business management, finance, etc. A bachelor's degree, along with two years of relevant sales experience and/or training, or an equivalent combination of education and experience is preferred.
Additional Skills and Competencies:
- Ability to read, analyze, and comprehend general business articles and professional publications.
- Effective verbal communication skills for presentations to groups of clients or colleagues.
- Proficiency in calculating figures and amounts such as discounts, interest, commissions, and percentages.
- Capability to apply mathematical concepts to real-world scenarios.
- Strong problem-solving skills, including data collection and analysis.
- Aptitude for interpreting complex technical instructions and managing various abstract and concrete variables.
