Insurance Policy Expert
4 days ago
We are seeking a highly skilled Insurance Policy Expert to join our team at SJ Insurance Services LLC. As an Insurance Policy Expert, you will be responsible for providing tailored insurance solutions to clients.
Job Description:Overview:
- Work with clients to understand their unique needs and provide personalized insurance recommendations.
Responsibilities:
- Pursue new business opportunities by acquiring new clients for personal and commercial insurance policies.
- Better serve existing clients by upselling and cross-selling insurance products.
- Develop targeted marketing strategies to promote the agency and its services.
- Build lasting relationships with clients, understand their policy requirements, and help them balance price against coverage.
- Serve as an intermediary between clients and insurance providers.
- Maintain regular communication with new, existing, and prospective policyholders to assess their circumstances and quote policy options.
- Clearly explain policy terms, conditions, and benefits to clients.
- Carefully research and analyze potential policies or carriers to ensure they meet our standards.
- Quote, bind, and issue new policies in a timely manner.
- Renew and amend existing policies as needed.
- Ensure accurate and efficient processing of policy documents.
- Analyze market trends and client data to provide informed advice.
- Conduct risk assessments to determine suitable coverage levels.
- Identify potential risks and opportunities for growth through data analysis.
- Comply with all regulatory requirements, company policies, and legal guidelines.
- Foster collaboration with the service department and other team members to deliver comprehensive services to clients.
- Stay up-to-date on industry developments, market conditions, and economic trends.
- Proactively monitor client policy expirations to prevent lapses in coverage.
- Maintain precise records and files in our AMS system.
- Effectively manage client databases and CRM systems.
- Participate in training and professional development opportunities to enhance skills and knowledge.
- Achieve sales targets and performance goals.
Estimated Salary:$60,000 - $80,000 per year, depending on experience.
Benefits:
- Competitive commission-based compensation structure.
- Paid time off and holidays.
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