Associate (Environmental and Energy) Broker
Brown & Brown · Madison, WI · 3 wk ago
Engineering$7/hrFull-time
About the role
Bridge Specialty Group is seeking an Associate (Environmental and Energy) Broker to join our growing team. The Associate Broker works directly with an established broker under general supervision of operations leader and office leader. The primary duties include reviewing insurance submissions and applications to evaluate, qualify, and market individuals and groups for insurance.
Responsibilities
- Examine application forms, inspection reports, insurance maps, and loss runs to assess risk factors such as ISO classifications, applicant financials, age, occupation, accident history, and property condition.
- Review company records to determine the amount of insurance in force on single or closely related risks, evaluating potential losses from catastrophes or excessive coverage.
- Broker risks by ensuring the completion of required documentation, obtaining necessary quotes and binders in writing, issuing policies accurately, making state filings, and ensuring taxes are paid in accordance with state laws.
- Secure payments on risks bound or written to maintain proper financial controls.
- Review, analyze, and qualify risks submitted by Producers, evaluate submissions for premium and terms, and issue indications, quotes, and binders, utilizing inspection companies when necessary.
- Develop and maintain carrier and brokerage relationships to place specific risks and grow a book of business.
- Market and meet with retail agency customers to develop and cultivate relationships, fostering new business opportunities.
- Understand company facilities and broker risks when needed to successfully negotiate placements, managing quote-to-bind activities and production results.
- Service existing business, generate new business, and prioritize tasks to effectively manage workload.
- Train and guide processors and assistants, reviewing submissions for accuracy and completeness, and developing their brokering skills while reducing clerical workload.
Requirements
- P&C State licensed.
- CIC, CRIS and CPCU candidate, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e., coverages, exclusions, conditions, and terms.
- (Preferred) Bachelor’s degree (B. A.) from four-year College or university.
- (Preferred) 5 years insurance experience, 2 years of which is as an underwriting assistant.
- (Preferred) Proficient with MS Office Suite.
- (Preferred) Exceptional telephone demeanor.
- (Preferred) Experience with excess and surplus lines underwriting agency or company.
Qualifications
- Licenses and certifications: P&C State licensed.
- Skills: Bachelor’s degree (B. A.), 5 years insurance experience, proficiency in MS Office Suite, exceptional telephone demeanor, experience with excess and surplus lines underwriting agency or company.
Skills
- Proficient with MS Office Suite.
- Exceptional telephone demeanor.
- Experience with excess and surplus lines underwriting agency or company.
Benefits
Bridge Specialty Group offers a comprehensive suite of benefits designed to support the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.
- Additional benefits include Paid Time Off, Holidays, Preferred Partner Discounts, and more.
Pay
Details on pay are not specified in the job posting.
Schedule
Details on schedule are not specified in the job posting.