Broker Territory Specialist

StateJobsNY

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

Qualifications

  • 7 years' experience in a field or regional position in the New York insurance market (preferred)
  • Bachelor's degree in Insurance, Risk Management, Business Administration, or related field (with 3 years' experience)
  • Proven track record managing relationships with large brokerages and General Agencies
  • Experience in designing lead-generation strategies and building sales pipelines
  • Strong understanding of Workers' Compensation, Disability Benefits, and Paid Family Leave (PFL)

Responsibilities

  • Manage a geographic territory of independent agencies, brokerages, and aggregators
  • Serve as the main point of contact for brokers, resolving issues and enhancing NYSIF's brand
  • Identify and source new business opportunities by aligning with broker pipelines
  • Train brokers on NYSIF systems and products, including workers' compensation and Disability/PFL benefits
  • Meet KPIs related to broker visits, quote submissions, and premium targets
  • Prospect and appoint new brokerages to increase NYSIF's market share
  • Analyze local premium data, loss ratios, and renewal metrics

Benefits

  • Competitive compensation
  • Future career growth potential
  • Open and supportive team-based environment
  • Generous vacation, personal, and sick time off
  • Paid state and federal holidays
  • Affordable health insurance plans
  • Dental and vision benefits at no extra cost
  • Retirement options
  • Public Student Loan Forgiveness program
  • Possibility of telecommuting, flextime, and Alternative Work Schedules
Full Job Description
Duties Description The Broker Territory Specialist drives revenue by managing a geographic territory of independent agencies, brokerages, and aggregators. The primary mission is to build deep broker relationships, educate the market on NYSIF's underwriting appetite, and secure a high volume of profitable workers' compensation and disability submissions. Broker Territory Specialist acts as the direct link between the carrier and independent insurance producers.

Responsibilities include, but are not limited to:
• Territory Management: Travel frequently to visit independent insurance broker agencies within an assigned region.
• Relationship Building: Serve as the main point of contact for brokers to resolve issues and elevate NYSIF's brand.
• Pipeline Development: Identify and source new business opportunities by aligning NYSIF's underwriting appetite with broker pipelines.
• Product Education: Train brokers on NYSIF systems, workers' compensation products, and Disability/Paid Family Leave benefits.
• Performance Tracking: Meet KPIs regarding monthly broker visit frequencies, quote submission rates, and premium targets.
• Market Expansion: Prospect and appoint new brokerages to expand NYSIF's market share beyond traditional sectors.
• Data Analysis: Review local premium data, loss ratios, and renewal metrics.

Minimum Qualifications Minimum Qualifications:
• 7 years' experience working in a field or regional position preferred, within the New York insurance market, specifically regarding Workers' Compensation, Disability Benefits, and Paid Family Leave (PFL); OR
• Bachelors degree in Insurance, Risk Management, Business Administration, or related field and 3 years' experience working in a field or regional position preferred, within the New York insurance market, specifically regarding Workers' Compensation, Disability Benefits, and Paid Family Leave (PFL).

Preferred Qualifications:
• Proven track record of managing high performing, large brokerage and General Agency relationships.
• Demonstrated experience designing lead-generation strategies, building sales pipelines, and managing partner relationships through sales lifecycle

Additional Comments Please note, the official Civil Service title for this position is: Project Assistant.

Please note, the salary range displayed includes special salary treatments, such as location pay.

Salary within the posted range will be commensurate with experience. Please note, NYSIF does not offer bonus programs as part of our compensation program.

Fringe Benefits:
• Competitive compensation
• Future career growth potential
• Open and supportive team-based environment
• Plentiful vacation, personal, and sick time off
• Paid state and federal holidays
• Affordable health insurance plans
• Dental and vision benefits provided at no additional cost
• Retirement options
• Public Student Loan Forgiveness (PSLF)
• Possibility of telecommuting, flextime, and Alternative Work Schedules (AWS)

Name Kayla Burns

Telephone



Email Address [email protected]

Address

Street PO Box 66699

City Albany

State NY

Zip Code 12206

Notes on Applying Please submit resume and cover letter to [email protected], referencing the Vacancy ID number in your subject line.

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