What are the responsibilities and job description for the Commercial Lines Broking Associate position at The Jonus Group?
Job Description
Commercial Lines Broking Associate, Consolidations - Select
Job Summary
Seeking a dedicated and skilled Commercial Lines Broking Associate to join a Consolidations team. In this role, you will leverage your expertise to influence and negotiate with trading partners, ensuring optimal outcomes for the clients and prospective clients. You will work closely with senior staff to coordinate consolidation activities for new and renewal business, supporting the business retention and production goals. This position requires a strong understanding of commercial property and casualty insurance, as well as the ability to build and maintain relationships with clients, carrier representatives, and internal associates.
Compensation Package
Work Experience
Commercial Lines Broking Associate, Consolidations - Select
Job Summary
Seeking a dedicated and skilled Commercial Lines Broking Associate to join a Consolidations team. In this role, you will leverage your expertise to influence and negotiate with trading partners, ensuring optimal outcomes for the clients and prospective clients. You will work closely with senior staff to coordinate consolidation activities for new and renewal business, supporting the business retention and production goals. This position requires a strong understanding of commercial property and casualty insurance, as well as the ability to build and maintain relationships with clients, carrier representatives, and internal associates.
Compensation Package
- Base Salary Range: $53,500 - $66,100 (depending on experience, qualifications, and business needs)
- Benefits: Competitive benefits package and variable pay programs
- Collaborate with Client Advisors and Account Managers to develop and execute consolidation strategies.
- Lead competitive coverage consolidation processes, demonstrating strong negotiation skills to achieve cost, coverage, and capacity targets.
- Build and maintain productive relationships with underwriters at key trading partners.
- Participate in program design and placement strategy meetings with senior staff, client advisors, and account executives.
- Promote the use of strategic trading partners to ensure secure and dependable relationships.
- Work with National Placement resources to address clients’ comprehensive coverage needs.
- Assist senior staff with larger, more complex placements as needed.
- Prepare and review insurance program designs, submissions, and applications for underwriting.
- Negotiate best-in-class coverage terms, conditions, capacity, and cost with trading partners.
- Prepare coverage comparisons based on quotations and proposals from underwriters.
- Stay informed about market trends, pricing practices, and underwriting policies.
- Adhere to authorized workflows and standard operating procedures to maintain consistency across the organization.
Work Experience
- Minimum of 2 years of experience in Commercial Property and Casualty insurance.
- Licensed Property & Casualty insurance producer in resident state.
- Preferred: Insurance designation such as ARM or CPCU.
- Strong project and process management skills with excellent follow-through.
- Effective communication, listening, and interpersonal skills.
- Ability to influence and negotiate with trading partners to achieve optimal outcomes.
- Analytical and creative problem-solving abilities.
- Commitment to continuous learning and professional development.
- Knowledge of standard property and casualty insurance programs.
- Familiarity with the insurance marketplace, including small commercial and middle-market account segments, standard property and casualty products, and the Excess and Surplus Lines marketplace.
- Bachelor’s degree from an accredited institution or equivalent professional designation.
Salary : $53,500 - $66,100