Commercial Insurance Marketing / Placement Specialist

Job Description

Insurance Placement Specialist

Job Summary

Seeking a highly skilled and professional Insurance Placement Specialist to join a team. In this role, you will be responsible for marketing accounts, consulting with Producers and Account Executives, negotiating premiums and terms with insurance carrier underwriters, preparing proposals, and binding coverage. If you are a results-driven professional with excellent communication and technical skills, a encourage you to apply.

Compensation Package

• Salary Range: $110,000 - $120,000 annually
• Competitive benefits package
• Opportunities for professional growth and development
  
  

Responsibilities

• Collaborate with Producers and Account Executives to market accounts and respond to inquiries regarding new business.
• Manage and analyze insurance-related information to identify appropriate carriers for risks in a timely manner.
• Negotiate premiums, coverages, terms, and conditions with insurance carriers for prospective clients.
• Build and maintain strong relationships with insurance carrier underwriters and marketing personnel to identify business opportunities.
• Prepare and send new/remarket business submissions to insurance companies.
• Provide consultation to Producers on market risks, coverage structures, and pricing strategies.
• Prepare proposals, bind coverage, and deliver finalized documents to Producers.
• Utilize online carrier rating systems to quote submissions and maintain a marketing database.
• Assist in executing marketing strategies and objectives to drive business growth.
• Analyze lines of coverage and insurance company trends to maximize opportunities for new business placement and customer retention.
• Conduct market research to identify sales opportunities.
• Maintain and strengthen relationships with carrier partners.
• Perform other duties as assigned.
  
  

Qualifications/Requirements

• Proven experience in insurance placement, underwriting, or a related field.
• Strong technical skills and the ability to manage and analyze complex insurance-related information.
• Excellent communication skills, with the ability to collaborate effectively across teams and with external partners.
• Demonstrated ability to negotiate premiums, terms, and conditions with insurance carriers.
• Proficiency in using online carrier rating systems and maintaining marketing databases.
• Strong organizational skills and attention to detail.
• Ability to travel up to 10% of the time.
• A professional demeanor and a results-driven mindset.