The mission of the Placement Executive is to be an integral part of the team and partner with Advisors, Directors and others in the firm to deliver a high level of service to our clients. This individual develops professional working relationships with clients, insurance companies, and agency personnel to maintain accounts and promote a positive working environment.
PRIMARY RESPONSIBILITIES:
- In-depth knowledge of insurance products and services including knowledge of policy forms, terms/conditions.
- Maintain thorough knowledge of the insurance marketplace as well as develop and maintain significant relationships with key underwriters, ensuring thorough evaluation of qualified companies in the marketplace.
- Responsible for assessing client needs, designing solutions and negotiating with insurance carriers to obtain most appropriate coverage plans for clients.
- Market client business, typically of higher complexity, to a variety of insurance carriers, new and renewal business.
- Identify appropriate carriers, submit applications for quotes, negotiate favorable rates including terms & conditions and prepare Insurance Proposals.
- Stay current on industry news, products, coverage and technology.
- Consistently maintain professional and appropriate demeanor.
- Attend company meetings, educational workshops, carrier functions, staff meetings, and networking events when requested.
KNOWLEDGE, SKILLS & ABILITIES:
- Ability to prepare written correspondence, reports, and analyses in a timely manner to clients and Insgroup associates.
- Analyze situations, identify problems, recommend solutions, and evaluate outcomes.
- Demonstrated presentation and negotiation skills required.
- Exceptional writing and communication skills.
- Ability to multi-task, meet deadlines and thrive in a fast-paced environment.
EDUCATION & EXPERIENCE:
- Bachelor's Degree preferred and/or 10 years' work-related experience. Prefer some experience in an agency environment.
- Active state insurance license required
- Professional designations a plus such as, ARM, CPCU, CRM or CIC.
- Proficient user of Microsoft Office - Word, Excel, PowerPoint.
- Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment.
IMPORTANT NOTICE:
This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.
The starting pay is $150,000-160,000 annually. Salary is negotiable upon time of hire.
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