Insurance Placement Specialist - Irvine, United States - USI Holdings Corporation

USI Holdings Corporation

Verified Company

Irvine, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

General Description:

This position is responsible for independently managing the marketing/placement of new account opportunities (small business) with partner insurance carriers.

Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement/binding process.

Responsibilities:

Responsible for establishing/maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation
Must be able to establish and maintain a strong relationship with carrier partners
Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies
Take part in carrier meetings and share information with Select operations and sales
Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary.
Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination
Responsible for binding coverage with underwriters and finalizing the marketing process
Responsible for complete and accurate documentation in agency management systems, marketing file of each account handled
Required to perform essential functions; meeting service standards and best practices developed by USI
Additional projects and duties as assigned.

Knowledge, Skills and Abilities:

37 years' experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts
College degree and insurance designations (CIC, ARM, AAI, CPCU) preferred
Ability to work in a fastpaced environment with mínimal instruction, strong business acumen, and a high degree of frequency
Sales driven and solution oriented to help meet production and growth goals
Ability to creatively and proactively problem solve and negotiate
Sets priorities and manages workflow to ensure efficient, timely, and accurate work
Informed regarding industry and new product information, legislation, coverages and technology to continuously improve knowledge and performance
Knowledge of agency management system, workflow procedures, underwriting, sales and service processes
Proficient in Word and Excel
Strong written, oral and interpersonal communication skills
Must hold state Property & Casualty insurance license or willing to obtain one within an agreed upon timeframe
Maintain a cordial and effective relationship with production team, coworkers, carriers, vendors, and other business contacts; ability to work in a team environment
Effective interactions/communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI

LI-AM2

Why USI?

With more than $2.5 billion in revenue and over 10,000 associates across 200+ offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. At USI, we have created one of the most dynamic personal and professional development cultures in the industry. We invest heavily in our associates, and we take pride in celebrating their growth and success through our oneofakind employee reward and recognition programs. We invite you to learn more about what makes USI an exceptional place to work

Unrivaled Resources and Support

What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage, a gamechanging value proposition that delivers to clients a robust set of risk management and benefit solutions with bottomline financial impact. USI ONE represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.

Industry-Leading Programs, Rewards, and Recognition

In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day. USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our awardwinning wellness program, college scholarships for associates' children, and financial help in times of need.

Deep Community Engagement

We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local nonprofit organizations, animal shelters, and environmental beautification and