Placement Specialist

1 month ago

Watertown, Massachusetts, United States World Insurance Associates LLC Full time

Job Summary

World Insurance Associates LLC is a leading insurance organization offering top-notch products and services from major providers, combined with attentive service from local agents.

As a Placement Specialist, you will play a crucial role in influencing and negotiating with trading partners to achieve optimal outcomes for clients and prospective clients. You will work under the direction of senior staff to coordinate placement activities on new and renewal business in support of business retention and production goals.

Key Responsibilities

  • Build and grow relationships with clients, carrier representatives, and fellow World associates.
  • Coordinate placement strategy with World Client Advisers and Account Executives to achieve optimal outcomes for clients and prospective clients.
  • Lead a competitive coverage placement process and demonstrate strong negotiation skills to achieve appropriate cost, coverage, and capacity targets for clients and prospective clients.
  • Maintain productive and responsive relationships with underwriters at World's key Trading Partners.
  • Participate in program design and placement strategy meetings with client advisors and account executives.

Requirements

  • 3 to 5 years industry experience in commercial insurance brokerage, placement, carrier underwriting, and carrier relationship management role; or in combination.
  • Complete and thorough understanding of a national insurance broker's sales, service, and placement process.
  • Knowledgeable of applicable coverages, carrier guidelines, alternative funding arrangements, underwriting, and legislative changes.

Essential Skills

  • Project/process management discipline and follow-through.
  • Compelling deductive reasoning skills.
  • Substantial inter-personal skills and associate engagement expertise.
  • Effective listening and communication skills.
  • Collaborative nature.

Computer Software Skills

  • Proficient in all Microsoft office products.
  • Mid-level expertise with Excel.

Professional Licenses/Certifications

  • Preferred insurance designation such as ARM or CPCU.
  • Licensed Property & Casualty insurance producer in resident state.

Education

  • 4-year college degree from an accredited institution or equivalent professional designation.

Equal Employment Opportunity

At World Insurance Associates LLC, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. We are 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.

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