Inside Broker - Casualty

Job Responsibilities

• Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
• Demonstrates knowledge of commercial insurance coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.
• Analyzes risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers.
• Determines suitable insurance markets for quote requests, secures quotes, and manages the placement process according to broker and market agreements.
• Analyzes and negotiates optimal quotes terms for coverage and pricing and explains quote details to brokers to facilitate binding decisions.
• Ensures lead generation through outbound calls, analyzes online and phone quote activity, and identifies opportunities to expand the business.
• Drives revenue development and growth of personal book of business through assigned sales targets.
• PARTNERS WITH RETAIL AGENCIES AND BUREACRACY, ACTING AS A KEY LIASON BETWEEN INSURANCE MARKETS AND RETAIL BROKERS AND ADDRESSES THEIR NEEDS.
• SURETIES Meticulous account management by attaching and maintaining all necessary documents for the appropriate policy and account.
• Participates in assigned educational courses, professional designations, and licensing programs

Work Experience And Education

• Bachelor’s degree required, Master’s degree preferred; Business Administration, Sales, and Risk Management preferred.
• 5+ years of work experience in Wholesale Brokerage, Commercial Insurance Sales or Underwriting with a Bachelor’s degree or 3 years of work experience with a Master’s degree is preferred.

Licenses & Certifications

• State P&C and/or surplus line license is required.

Benefits

• The target salary range for this position is $88,000.00 - $110,000.00 annually.
• Full-time roles are eligible for bonuses and benefits.
• For additional information on Ryan Specialty Total Rewards, visit our website here.

About the Role

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms.

Qualifications

• State P&C and/or surplus line license is required.

Skills

• Knowledge of commercial insurance coverages
• Evaluates submissions from retail insurance brokers
• Identifies exposures and coverage required
• Analyzes risk exposures and coverage needs
• Strategically places risks with optimal carriers
• Secures quotes and manages the placement process
• Analyzes and negotiates optimal quotes terms
• Explains quote details to brokers to facilitate binding decisions
• Ensures lead generation through outbound calls
• Drives revenue development and growth of personal book of business
• Partners with retail agencies and brokerage
• Meticulous account management
• Participates in assigned educational courses, professional designations, and licensing programs

Benefits

• Comprehensive and best-in-class benefits package that helps employees achieve their physical, financial, and emotional well-being goals.
• Paid time off for company holidays, vacation, sick and personal days.
• Paid parental leave.
• Mental health services.
• Wage range for this role considered based on many factors such as training, transferable skills, work experience, licensure and certification, business needs, and market demands.
• The pay range is subject to change and may be modified in the future.
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Pay

• The target salary range for this position is $88,000.00 - $110,000.00 annually.

Schedule

• Full-time roles are eligible for bonuses and benefits.