Associate Broker

Burns & Wilcox

$75K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience in the insurance industry
  • Bachelor’s degree or equivalent education/experience
  • Preferred insurance license
  • Strong understanding of coverage, terms, conditions, and pricing
  • Familiarity with current market and industry issues
  • Technologically proficient and data-oriented
  • Willingness to travel to build client relationships

Responsibilities

  • Broker specialty Property lines of insurance to generate income
  • Cultivate and maintain strong relationships with clients and agents
  • Develop customized risk placement solutions and promote business growth
  • Seek new business opportunities and secure renewal contracts
  • Assess client needs and propose tailored protection plans
  • Negotiate access to new insurance markets and optimal terms
  • Prepare market submissions and obtain quotes

Benefits

  • Employer paid professional development through Kaufman Institute
  • Comprehensive health, vision, and dental coverage
  • 401K plan with employer matching
  • Paid vacation, sick leave, and holidays
  • Access to wellness programs
  • Flexible work arrangements, including hybrid options
Full Job Description

 

The Associate Broker will support Brokers with all job functions to learn the industry, business, and job responsibilities necessary for future growth as a Broker. Serving as in intermediary between the Retailer and the Insurance Company, they market, identify, solicit, and arrange appropriate insurance coverage for clients. The Associate Broker will drive new business to assist Brokers in meeting or exceeding production goals, as well as build strong, positive relationships to increase the reputation of Burns & Wilcox.

 

Responsibilities
  • Produce income by brokering specialty Property lines of insurance
  • Cultivate and maintain excellent client and agent relationships
  • Develop solutions for individual risk placement as well as program business development
  • Promote new business and/or renewal business to achieve production and market criteria
  • Evaluate business or individual customers’ needs and financial status and propose protection plans that meet their standards
  • Seek opportunities to access new insurance markets and products, negotiating the best terms and coverages available
  • Prepare submissions for markets and secure quotes
  • Supervise execution of company underwriting guidelines, corporate policy and procedures, and compliance with contract terms
  • Assist broker with meeting or exceeding production goals as assigned by BWB
  • Define and monitor successful sales and marketing strategies in cooperation with senior management
Qualifications

Qualifications:

  • 2+ years of experience in the insurance industry
  • Bachelor’s degree or equivalent combination of education and experience
  • Insurance license is preferred
  • Solid coverage, terms, conditions, and pricing knowledge, plus current knowledge of market and industry issues
  • Technologically savvy and data driven
  • Ability to perform tasks in a stationary position throughout working hours
  • Travel when necessary in order to foster strong client relationships

 

 

Benefits

  • Competitive base compensation ranging from $75-95k plus highly lucrative incentive bonus plan
  • Employer paid continuing education courses and designations via access to Kaufman Institute
  • Health and welfare benefits including medical, vision and dental
  • 401K with employer match
  • Paid vacation, sick time, and holidays
  • Access to Kaufman Wellness Program
  • Flexible and hybrid work options

 

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