Insurance Producer

3 weeks ago

Toms River, New Jersey, United States The Baldini Agency Full time

Job Title: Insurance Producer

About the Role:

We are seeking a highly motivated and results-driven Insurance Producer to join our team at The Baldini Agency. As an Insurance Producer, you will be responsible for selling insurance policies and other financial services to meet the needs of our clients.

Key Responsibilities:

  1. Client Consultation: Meet with potential clients to understand their insurance needs and recommend suitable products and coverage levels.
  2. Sales and Acquisition: Present and explain insurance policy options to clients and close sales to achieve sales quotas.
  3. Policy Management: Assist clients with policy changes, renewals, and claims processing, providing ongoing support and service to ensure client satisfaction and retention.
  4. Market Research: Stay updated on industry trends, insurance products, and legislation that may affect clients, researching insurance companies' policies and negotiating with underwriters to find the most suitable insurance coverage for clients.
  5. Relationship Building: Build and maintain relationships with clients, prospects, and insurance company representatives, networking and attending community events to generate leads and referrals.
  6. Compliance: Ensure compliance with insurance regulations and policies, maintaining accurate records of client interactions, transactions, and policies.

Requirements:

  • Insurance Knowledge: Strong understanding of various types of insurance policies, coverage options, and underwriting processes.
  • Sales Skills: Proven track record in sales, with the ability to close deals and meet sales quotas.
  • Communication: Excellent interpersonal and communication skills, with the ability to explain complex information in a clear and understandable manner.
  • Customer Service: Dedication to providing exceptional customer service and resolving client issues promptly and professionally.
  • Negotiation: Strong negotiation skills to secure competitive insurance premiums and terms for clients.
  • Ethics: Adherence to ethical standards and guidelines as outlined by the insurance industry.

Compensation: This is a commission-based position, with typical agents making between $50,000 and $75,000 in the first year.

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