Risk Placement Specialist - Personal Lines

About the role

Relation Insurance is a leading, innovative company with a strong commitment to excellence and a passion for delivering cutting-edge solutions to our clients. As a key player in the insurance market, we pride ourselves on our dynamic culture, collaborative environment, and continuous drive for success.

Responsibilities

• Develops and implements a renewal strategy based on potential and existing clients’ risks profiles, market conditions and carrier options.
• Engages with insurance carriers to negotiate favorable renewal terms, including premiums rates, deductible levels, and coverage enhancements.
• Places policies for clients with the most suitable carrier.
• Conducts market research and analysis to identify insurance carriers and products that best meet potential and existing clients needs and offer competitive pricing.
• Collaborates with sales and service teams to align placement efforts with sales and service objectives.
• Keeps accurate and complete documentation of renewal policies, endorsements, and client information.
• Handles administrative tasks related to policy renewals.
• Proactively identifies opportunities to enhance client satisfaction and retention by providing exceptional service, addressing concerns, and offering additional coverage options or risk management recommendations.
• Builds and maintains strong relationships with insurance carriers, underwriters, clients (internal and external) to ensure smooth insurance renewal processes and effective communication.
• Adheres to legal and regulatory requirements in the insurance industry, ensuring all renewals comply with applicable laws and regulations.
• Stays up to date on industry trends, market conditions, and new insurance products to provide valuable insights and recommendations to clients (internal and external) during the renewal process.
• Fully adopts innovative technology, including proprietary AI solutions, into the service process to deliver a best-in-class client service experience.
• Special projects and other duties as assigned.

Requirements

• High school diploma or equivalent.
• Minimum 5 years' experience supporting risk placement initiatives.
• Strong proficiency in using Microsoft Office Suite, especially Word, PowerPoint, Excel.
• Ability to learn and adapt quickly to new technologies and software.
• Customer focused, high integrity, excellent work ethic.
• In-depth understanding of personal lines of coverage.
• Excellent written/verbal communication and interpersonal skills, with the ability to effectively interact with internal and external clients, business partners, and insurance carriers.
• Detail-oriented and highly organized, with the ability to manage multiple tasks and prioritize work effectively to meet or exceed deadlines.
• Strong, proactive communications to keep internal and external engagements up to date.
• Strong analytical and mathematical skills.

Benefits

• Competitive pay.
• A safe and healthy work environment provided by our robust benefit program including family health and wellness programs, 401K, employee assistance programs, paid time off, paid holidays and more.
• Career advancement and development opportunities.
• Paid training and continuing education to obtain/maintain your insurance license.

Pay

The wage range for this role is $44,000.00 - $105,000.00. You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.