Insurance Placement Specialist
About the role
We’re seeking an experienced Insurance Placement Specialist. In this role, you’ll be the strategic force behind negotiating with insurance carriers to secure the most competitive pricing and coverage for our clients. Your ability to build and leverage strong relationships with underwriters will be key to delivering tailored, high-value solutions.
Responsibilities
- Analyze and understand insurance marketplace information to develop, design and implement marketing strategies for commercial placements.
- Drive the insurance marketing process for new and renewal business by:
- Researching and understanding client’s exposures
- Preparing submissions, submitting to marketplace, reviewing quotes, proposals, rating worksheets and other insurance objectives
- Negotiating P&C insurance coverage terms, conditions and pricing with Underwriters
- Create documentation to compare multiple insurance programs such as coverage and pricing to be presented
- Effectively build and manage relationships with carrier partners by attending meetings and events
Requirements
Essential Functions:
- Analyze and understand insurance marketplace information to develop, design and implement marketing strategies for commercial placements.
- Drive the insurance marketing process for new and renewal business by:
- Researching and understanding client’s exposures
- Preparing submissions, submitting to marketplace, reviewing quotes, proposals, rating worksheets and other insurance objectives
- Negotiating P&C insurance coverage terms, conditions and pricing with Underwriters
- Create documentation to compare multiple insurance programs such as coverage and pricing to be presented
- Effectively build and manage relationships with carrier partners by attending meetings and events
Qualifications
Experience in insurance placement and brokerage, including knowledge of insurance products, market trends, and regulatory requirements. Strong analytical and negotiation skills, excellent communication and interpersonal skills, and the ability to work independently and as part of a team. Proficiency in Microsoft Office Suite and familiarity with CRM systems is preferred.
Skills
Strong negotiation and relationship-building skills, attention to detail, and the ability to manage multiple tasks simultaneously. Knowledge of insurance products, market trends, and regulatory requirements. Proficiency in Microsoft Office Suite and CRM systems is preferred.
Benefits
Cottingham & Butler offers a comprehensive benefits package including health insurance, retirement plans, paid time off, and professional development opportunities.
Pay
Competitive salary commensurate with experience.
Schedule
Full-time position with flexible working hours.