Broker Commercial Insurance

  • Seattle, WA
  • Direct Hire
  • Job ID: WA52-2691484

$75000 to $150000 Per Year

Role: Broker - Commercial Insurance

Our ideal candidate is an ambitious entrepreneur with an established presence in the wholesale brokerage insurance marketplace. Self-motivated and dependable, a trusted source of knowledge and valued team player.

Responsibilities and Duties

  • Develop submission opportunities and a regular flow of business by capitalizing on existing agency relationships and prospecting new agencies who target business within our department’s core competencies.
  • Generate revenue through soliciting, analyzing, marketing, and placing coverage with a wide variety of markets and carriers. Measured by annual revenue growth, new business revenue growth, and overall book retention.
  • Maintain strong rapport with key underwriters/carriers to help ensure timely responses, accurate placements, and bolster hit ratios. 
  • Negotiate broad coverage terms and competitive rates, providing marketing summary to agent and acting as a client advocate. Support agent presentation.
  • Provide ‘expert’ resources to our agents including comprehensive analysis of coverage forms, limitations and conditions.
  • Utilize automated platforms to quickly provide quotes and address inquiries 
  • Act as designated broker for handling inter-office submission referrals and coverage/product inquiries.
  • Ensure timely response to all inquiries and submissions within department guidelines. Maintain proper renewal handling guidelines.
  • Support other team members including associate brokers and brokerage assistants as needed; support admin requests and organizational goals.
  • Schedule monthly meetings with agencies and attend industry events.
  • Professional Lines Specialists, both internally and externally

Qualifications and Skills

  • Broad understanding of commercial lines business including GL, Property, Management Liability, Professional Liability, Pollution, and Excess/Umbrella.
  • Must be able to independently research and solve problems without assistance
  • Comfortable carrying conversation and being professionally extroverted
  • Ability to decipher coverage intent and effectively compare and contrast competing policy forms across above lines.
  • Highly detail orientated with advanced organization skills required, including ability to manage many responsibilities effectively at once.
  • Excellent communication, negotiation, and presentation skills
  • Assist with the development and training of less experienced team members

Required Experience

  • Minimum 5+ years’ experience in commercial lines or excess/surplus lines
  • Minimum 2+ years’ experience in professional liability
  • CPCU, CIC, or other designation preferred; producer license preferred
  • Base salary
  • Bonuses & commissions
  • Full Benefits
  • Expenses 
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