Associate Broker

2 weeks ago

West Hartford Connecticut, United States Burns & Wilcox Brokerage Full time
:

Responsibilities:
Associate Brokers support Broker(s) with all job functions to learn the industry, business, and job responsibilities necessary for future growth as a Broker. The Associate Broker markets, identifies, solicits, and arranges appropriate insurance coverage for clients by utilizing accessible markets, and serves as in intermediary between the Retailer and the Insurance Company. They will drive new business to assist Brokers in meeting or exceeding production goals. The goal is to build up strong positive relationships to ensure growth attainment and increase our firm’s reputation.

 

Responsibilities:

Develop, maintain and cultivate excellent client and agent relationships

Promote new business and/or renewal business to achieve production/market criteria as defined by Broker with little or no supervision Evaluate business or individual customers’ needs and financial status and propose protection plans that meet their criteria

Market and broker Burns & Wilcox Brokerage (“BWB”) products and services

Negotiate the best terms and coverages available with accessible markets

Prepare submissions for markets and secure quotes

Monitor accounts to ensure compliance with the company’s policies and procedures

Assist broker with meeting or exceeding production goals as assigned by BWB

Maintain current knowledge of the insurance industry and sales ideas through regular attendance at workshops, seminars, literature reviews and/or formal continuing education

Take initiative to complete assignments independently

Qualifications:
5+ years of experience in wholesale brokerage or underwriting

Bachelor’s degree or equivalent combination of education and experience

Strong communication, negotiations and problem solving skills

Solid coverage, terms, conditions, and pricing knowledge with management, professional or cyber liability

Current knowledge of markets and industry issues related to management, professional, or cyber liability

Maintain necessary licenses to produce business

Compensation:

Competitive base compensation and highly lucrative incentive bonus plan

Flexible and hybrid work options

Employer paid professional development, including continuing insurance education courses, designations, certifications and licenses

Access to Kaufman Institute, H.W. Kaufman Group’s corporate university

Health and welfare benefits including medical, vision and dental

401K with employer match

Paid vacation, sick time, and holidays

About Our Company:
Burns & Wilcox is the nation’s largest independent wholesale insurance broker and underwriting manager. In 1969, the late Herbert W. Kaufman recognized an opportunity to fill a void in the industry by establishing Burns & Wilcox as a wholesale brokerage and underwriting organization that would provide brokers and agents with unique access to a variety of insurance markets and help place their specialty risks. Today under the leadership of Mr. Kaufman’s son, Alan Jay Kaufman, that entrepreneurial spirit is thriving as Burns & Wilcox offers comprehensive solutions for retail insurance agents of all sizes, from the large alphabet houses to the more than 30,000 brokers and agent partners worldwide.

 Equal Opportunity Employer

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.

 

 

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