What are the responsibilities and job description for the Renewal Broker position at The McGowan Companies?
Job Title: Renewal Broker
Department: McGowan Wholesale – Small Market Enterprise
Status: Exempt
Summary:
A Renewal Broker is responsible for producing multiple lines of commercial business accounts on a wholesale basis received from the numerous retail brokerages appointed with McGowan across the USA. This position is focused on the renewal of existing policies that make up the Small Market Enterprise book of the Pittsburgh Branch of McGowan Wholesale. Additionally, this position is a production role and not directly responsible for retail broker (client) management, business development, or marketing. There may be internal oversight and training of technical assistants who will help in the production process. Additionally, there will be cross-training so that the candidate can provide back-up assistance for others within the Small Market Enterprise team.
Essential Duties and Responsibilities:
- Issue binders and Misc. forms
- Prepare statement of values and loss analysis
- Invoicing
- General correspondence with brokers and carriers including but not limited to ordering loss runs and requesting renewal information
- Pending follow up on specific account issues
- Insurance policy issuance and endorsement issuance for binding authority companies
- Develop strong long-term relationships with brokers to add to a profitable book of business
- Negotiate terms and conditions with the carriers
- Recognize and create cross-selling opportunities for other products
- Ability to travel to brokers, carrier, and employer meetings
- Maintain PA Producer and PA Surplus Lines licenses
- Other duties, projects, task, and responsibilities as assigned
Education and Experience:
- Bachelor’s degree (preferred)
- 2 years of underwriting or brokering of professional lines coverage (preferred)
- 1-year commercial insurance experience
- P&C License
Key Competencies:
· Highly Organized
· Fast – thrives with high end multi-tasking
· Attention to detail and accuracy
· Likes accountability
· Excellent communication skills
· Information management skills
· Problem-solving skills
· Likes to win and is competitive
· Wants to be part of a growing organization
Job Type: Full-time; 40 hours per week
Work Setting: On-site or Hybrid
Work Base Location: 7000 Brooktree Road, Wexford, PA 15090
Benefits Available
Please send your resume to: tthompson@mcgowancompanies.com