We currently have an opportunity for a Marketing Executive to join our Commercial Lines team.
Overview:
Under the direction of a Marketing Leadership, is responsible for the effective marketing of insurance risks to companies. Works at a strategic level to develop and retain consultative relationships with customers, prospects, producers, service team members and insurance company underwriters, all in support of HUB New England’s retention and growth initiatives. Possess a strong knowledge of industry trends and connectivity with our carrier partners.
Responsibilities:
- Markets all lines of commercial insurance with direct impact on revenue goals through the acquisition of new business and the retention of renewals.
- Negotiate coverage terms, structure, and pricing with underwriters through direct carrier relationships whenever possible and access preferred wholesale when necessary.
- If applicable, underwrites commercial accounts within insurance company delegated underwriting authority, guidelines, and procedures.
- Acts as account liaison for the producer in dealing with other departments within Hub International New England for the quoting of specialized lines of coverage.
- Assists producers with pre-underwriting information gathering, coverage review/analysis and proposal preparation and presentations if needed.
- Executes a quality control process for policies and quotations delivered assuring coverage, condition, rating, and pricing accuracy.
- Effectively builds relationships with insurance company underwriters through a pattern of professional risk submissions, company visitations and firm, but fair, negotiations.
- Maintains state of the art knowledge of market underwriting appetite, line of business trends, insurance company changes, rating technique and coverage development.
- Demonstrates an understanding of our company utilization strategies by appropriate risk submissions.
- Attends and participates in new business and renewal presentations to prospects and clients in support of Producers and service team colleagues.
- Supports the maintenance of new business and renewal control logs, which assist the department head in identifying trends.
- Work effectively and efficiently with other team members.
- Provide training and support to junior staff/team members in areas of competence.
- Ensures that HUB Way Marketing Workflows are captured through utilization of agency management system in accordance with HUB policies and procedures.
- Other responsibilities as assigned by Manager.
Qualifications:
- Seven plus years of experience in marketing or underwriting.
- Demonstrated ability to manage upper middle as well as large and complex property and casualty accounts; effectively market to carriers and customers; develop and maintain strong working relationships with customers and prospects.
- Knowledge of all forms of property and casualty coverage rating.
- Thorough knowledge of commercial lines coverages and markets.
- Experience with Microsoft Office products.
- Excellent negotiation, organizational, interpersonal, communication skills, both written and oral, and ability to work in a team environment.
- Licensed Property & Casualty Insurance Broker
The expected salary range for this position is $100,000 annually- $130,000 annuallyand will be impacted by factors such as the successful candidates skills, experience and working location, as well as the specific positions business line, scope and level.HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.
Department Account Management & Service
Required Experience: 7-10 years of relevant experience
Required Travel: Negligible
Required Education: High school or equivalent