Commercial Lines New Business Placement Specialist

About the role

Market new prospective client accounts to carrier partners. Support commercial lines sales associates. Provide marketing analytics, negotiate carrier coverages, and finalize marketing and client onboarding process.

Responsibilities

• Work closely with sales associates to understand prospect’s commercial lines insurance needs.
• Develop submissions to carriers and obtain quotes.
• Respond to underwriters’ inquiries.
• Negotiate terms with carriers on prospect’s behalf.
• Finalize the marketing process and prepare appropriate proposal presentations.
• Bind coverage for clients and execute client onboarding process.
• Develop knowledge of insurance markets on behalf of USI.
• Develop relationships with carrier underwriters and representatives.
• Serve as technical expert on market trends, pricing practices, and other underwriting policies.
• Maintain a high degree of accuracy in agency management systems and technology platforms.
• Keep current with industry, new product information, legislation, coverages, and technology.

Requirements

• 5 years + experience in commercial property & casualty insurance agency.
• Comprehensive understanding of all property & casualty insurance coverages, underwriting, and rating concepts.
• College degree preferred.
• Must hold state Property & Casualty insurance license.
• Industry designations such as ARM, CIC, CPCU preferred.

Skills

• Ability to carry out complex tasks with many concrete and abstract variables.