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Associate Broker
$62k-84k (estimate)
Full Time | Insurance 10 Months Ago
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Brown & Brown Insurance is Hiring an Associate Broker Near New York, NY

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Under the general mentorship of the V.P. of Underwriting, the Associate Broker will gain technical knowledge along with an understanding of internal processes and procedures necessary to be effective in a Broker or Binding Authority Underwriter role. The Associate Broker is responsible for assisting in achieving incremental sales goals, along with participating in various training and educational opportunities.
WHAT YOU WILL DO:
  • 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, along with participating in internal and external sales meetings.
  • Examines 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. Requests additional information, if necessary, and accepts or rejects 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.
  • Leverages 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 thorough understanding of internal operations to successfully extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement.
  • Must successfully complete and pass assigned educational courses, professional designations, and licenses courses and examinations.
WHAT YOU WILL NEED:
  • Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience.
  • Proficient with MS Office Suite
  • Exceptional telephone demeanor
  • Ability to maintain a high level of confidentiality
  • 0 - 2 years experience in a similar position
Preferred
  • Working towards or holds valid broker license.
WHAT WE OFFER:
  • Excellent growth and advancement opportunities
• Competitive pay based on experience • Paid Time Off (PTO)
  • Generous benefits package: health, dental, vision, 401(k), etc.
  • Employee Stock Purchase Plan
#LI:Hybrid
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$62k-84k (estimate)

POST DATE

06/01/2023

EXPIRATION DATE

05/14/2024

WEBSITE

bbinsurance.com

HEADQUARTERS

NORTH LITTLE ROCK, AR

SIZE

7,500 - 15,000

FOUNDED

1939

CEO

JIM BROWN

REVENUE

$1B - $3B

INDUSTRY

Insurance

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About Brown & Brown Insurance

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammatesnot e...mployees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work . Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industrys most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO. More
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