Commercial Insurance Marketing / Placement Specialist
The Jonus Group · Philadelphia, PA · 3 wk ago
Business Development$110k–$120k/yrFull-time
Responsibilities
- Collaborate with Producers and Account Executives to market accounts and respond to inquiries regarding new business.
- Manage and analyze insurance-related information to identify appropriate carriers for risks in a timely manner.
- Negotiate premiums, coverages, terms, and conditions with insurance carriers for prospective clients.
- Build and maintain strong relationships with insurance carrier underwriters and marketing personnel to identify business opportunities.
- Prepare and send new/remarket business submissions to insurance companies.
- Provide consultation to Producers on market risks, coverage structures, and pricing strategies.
- Prepare proposals, bind coverage, and deliver finalized documents to Producers.
- Utilize online carrier rating systems to quote submissions and maintain a marketing database.
- Aid in executing marketing strategies and objectives to drive business growth.
- Analyze lines of coverage and insurance company trends to maximize opportunities for new business placement and customer retention.
- Conduct market research to identify sales opportunities.
- Maintain and strengthen relationships with carrier partners.
- Perform other duties as assigned.
Qualifications/Requirements
- Proven experience in insurance placement, underwriting, or a related field.
- Strong technical skills and the ability to manage and analyze complex insurance-related information.
- Excellent communication skills, with the ability to collaborate effectively across teams and with external partners.
- Demonstrated ability to negotiate premiums, terms, and conditions with insurance carriers.
- Proficiency in using online carrier rating systems and maintaining marketing databases.
- Strong organizational skills and attention to detail.
- Ability to travel up to 10% of the time.
- A professional demeanor and a results-driven mindset.
Pay
Salary Range: $110,000 - $120,000 annually
Benefits
Competitive benefits package