Senior Broker

The Role

The Senior Broker is recognized by clients, client advocacy teams, and the insurance marketplace as the primary day-to-day broker, negotiating terms and conditions of various liability and property insurance coverages on behalf of clients.

Responsibilities

• Manage broking responsibilities for a portfolio of new and recurring/annual insurance programs.
• Place and negotiate a broad range of insurance coverages based on client needs.
• Lead broking communications with underwriters and producers via email, telephone, and written correspondence.
• Obtain and distribute information from clients and/or producing offices.
• Support or lead sales and RFP efforts.
• Prepare and oversee the development of proposals, submissions, and quotes.
• Run and interpret financial and insurance-related analytical models.
• Evaluate coverage options and develop coverage summaries for review.
• Review binders for accuracy and completeness.
• Develop and maintain strong business relationships with producers and senior underwriting contacts.
• Maintain knowledge of insurance carriers and their business practices.
• Participate in continuing education to maintain licensing and industry credentials.

Qualifications

• Property & Casualty (P&C) insurance broker’s license required (or ability to obtain, as applicable).
• Bachelor’s degree in Risk Management, Insurance, Business, Finance, or a related field preferred.
• 7+ years of insurance broking, underwriting, or related industry experience.
• Strong understanding of liability, property, and specialty insurance products.
• Expertise in casualty insurance coverages such as General Liability, Workers’ Compensation, Auto Liability, Umbrella, and Excess Liability.
• Strong knowledge of insurance principles and the ability to explain coverage concepts to clients.
• Demonstrated negotiation and influencing skills.
• Conflict resolution and business development skills are a plus.
• Strong attention to detail and process orientation.
• Proficiency in Excel, including spreadsheet creation and data analysis, preferred.
• Understanding of insurance placement workflows and market practices.
• Self-starter who can work independently with minimal supervision.
• Sound judgment and willingness to seek guidance when needed.
• Strong written, verbal, and presentation skills.