Insurance Placement Specialist

4 days ago

Fresno, California, United States World Insurance Associates, LLC. Full time
Job Description

Job Summary

World Insurance Associates, LLC. is seeking a highly skilled Insurance Placement Specialist to join our team. As an Insurance Placement Specialist, you will be responsible for coordinating placement activities on new and renewal business in support of business retention and production goals.

Key Responsibilities

  • 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.
  • Promote utilization of strategic Trading Partners critical to maintaining secure and dependable relationships for World to generate optimal outcomes for clients and prospective clients.
  • Collaborate with National Placement resources as necessary to ensure client's and prospective client's coverage needs are comprehensively addressed.
  • Support senior staff in larger, more complex placements as requested.
  • Recommend commercial insurance program designs to the Client Advisor and/or Account Executive after review with senior staff.
  • Assist with the preparation of submissions and applications required by the underwriting community.
  • Direct submissions to the appropriate trading partners and negotiate best in class coverage terms, conditions, capacity, and cost.
  • Prepare coverage comparisons based upon quotations and proposals received from underwriters.
  • Serve as secondary internal source of information concerning market trends, pricing practices, and other underwriting policies.
  • Maintain focus on World-authorized workflow and standard operating procedures to support consistency across the World enterprise.

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.
  • Proficient in all Microsoft office products.
  • Mid-level expertise with excel.
  • Preferred insurance designation such as ARM or CPCU.
  • Licensed Property & Casualty insurance producer in resident state.
  • 4-year college degree from an accredited institution or equivalent professional designation.

What We Offer

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 orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status.

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