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Description
Position Overview:
Assist the Brokerage Team in account maintenance as well as various underwriting tasks as assigned. Analyzes account-specific information (including but not limited to loss information, financials, loss control reports, prior carrier information and targeted terms) and prepares risk for referral to Brokers.
Job Responsibilities:
· Within given authority levels and company guidelines, accepts, rejects, or modifies new and renewal business for the commercial lines Brokerage department with guidance from the Brokers and Manager.
· Markets Company products through agent contacts to achieve departmental growth and profitability targets.
· Develops on-going relationships with agents, meets service standards established for new and renewal business, and keeps agent up to date with market and/or product changes.
· May communicate policy term changes as directed by Brokers and/or Companies. May recommend constraints on business an agent may submit or recommend that an agent be suspended.
· Promotes public image of the Company by actively participating in industry related groups and by networking within the insurance community to keep abreast of changes in the industry.
· Achieve written premium and income goals set by management on a quarterly basis.
· Comprehend and maintain underwriting manuals for all companies represented.
· Travel as deemed necessary by the Manager, to both agencies & company conventions.
· Comfortable discussing team goals and actively participating in achieving these goals.
· Adhere to company-wide minimum service standards.
· Knowledge of the independent agency system and economics - assess the capacity of market, territory, and individual agencies to identify and act on growth opportunities.
· Demonstrate accountability for the assigned territory by being innovative and identifying and implementing opportunities for improvement in results.
· Other duties as assigned.
Education and Work Experience:
Knowledge Skills & Abilities:
Typical Physical Demands:
· Requires the ability to sit or stand for long periods of time, occasional stooping, and reaching; May require lifting-up to 25 pounds; requires normal range of vision and hearing with or without accommodations.
Full Time
Pharmaceutical
$49k-64k (estimate)
03/27/2024
05/01/2024
The following is the career advancement route for Associate Broker positions, which can be used as a reference in future career path planning. As an Associate Broker, it can be promoted into senior positions as a Sales Rep. (Bio-Medical Equip. & Supplies) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Associate Broker. You can explore the career advancement for an Associate Broker below and select your interested title to get hiring information.