Wholesale Insurance Broker

4 weeks ago


Elk Grove Village, Illinois, United States USG Insurance Services, Inc. Full time
Job Summary

We are seeking a highly skilled Wholesale Insurance Broker to join our team at USG Insurance Services, Inc. As a Wholesale Insurance Broker, you will be responsible for developing and maintaining relationships with brokers, providing efficient service, and strategically placing commercial accounts to ensure high client satisfaction and loyalty.

Key Responsibilities:

  • Collaborate with brokers to develop and implement effective service strategies and market placement for commercial accounts.
  • Apply expertise in commercial insurance coverages to review submissions from retail brokers, assessing exposures and necessary coverage.
  • Evaluate risk exposures and coverage needs from broker submissions, using independent judgment to strategically place risks with the best carriers.
  • Identify and negotiate the best terms for coverage and pricing, and clearly explain quote details to brokers to facilitate binding decisions.
  • Drive lead generation through outbound calls, assess online and phone quote activities, and identify opportunities for business growth.
  • Collaborate with retail agencies and brokerages, serving as a key intermediary between insurance markets and retail brokers, and addressing their needs.
  • Ensure thorough account management by attaching and maintaining all required documents for each policy and account.
  • Maintain positive working relationships with current agents and colleagues.
  • Stay up-to-date with industry trends and sales strategies through regular participation in workshops, seminars, literature reviews, and continuing education.

Requirements:

  • Minimum 4 years of experience in property and casualty insurance.
  • Proven experience in account management and marketing.
  • Current Property & Casualty (P&C) License is mandatory.
  • Ability to independently review information, make decisions, and manage time effectively with minimal supervision.
  • Strong verbal, written, and presentation skills.
  • Effective in sales, customer service, and team building.
  • Proficient in basic computer applications, including Microsoft Office.
  • Willingness to travel occasionally, including overnight trips.

What We Offer:

  • Comprehensive Benefits Package including medical, dental, vision, and life insurance, 401K retirement plan, flexible spending account, dependent care, tuition reimbursement, and producer savings bonus plan.
  • A week of hands-on, in-person training to meet our corporate team.
  • Access to 24/7 virtual training through USG University.
  • Outstanding Company Holiday Schedule and Generous Paid Time Off Package.
  • Potential for exponential growth in the company.


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