Transportation Broker

About the role

Bridge Specialty Group is seeking a Transportation Broker to join their growing team in Morristown, NJ. The Commercial Lines P&C Broker will gain technical knowledge and an understanding of internal processes and procedures necessary to be effective in a Broker or Binding Authority Underwriter role. The Commercial Lines P&C Broker is responsible for assisting in achieving incremental sales goals, participating in various training and educational opportunities.

Responsibilities

• Develop the skills to interact with company and retail agent personnel in a diplomatic and knowledgeable manner in order to establish positive relationships, increase revenues and retain policies upon expiration.
• Develop relationships with insurance agents, brokers, and carriers by attending sponsored events, participating in internal and external sales meetings.
• Examine such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property. Request additional information, if necessary, and accept or reject risks in conformance with company guidelines.
• Review, analyze, and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes, and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
• Process new business in a timely and efficient manner to grow revenues and maintain retention and profitability.
• Leverage mentorship relationship when marketing and meeting with retail agency customers to develop business and cultivate relationships in an effort to grow a book of business. Foster and improve relationships with other departments, producers, companies, and competitors.
• Develop a thorough understanding of internal operations to successfully extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement.

Requirements

• Valid P&C license.
• Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience.
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Maintain a high level of confidentiality.

Skills & Experience

• To be successful, you should have 0 - 5 years' experience in a similar position.
• Must successfully complete and pass assigned educational courses, professional designations, and licenses courses and examinations.

Pay

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role. The pay range is $75k - $200k annually.

Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Additional benefits include: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Teammate Benefits & Total Well-Being

Our team member benefits and total well-being initiatives include:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Additional benefits include: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits

Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.