Provident Financial Services, Inc

Senior Commercial Lines Marketing Specialist

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Active New Jersey Insurance License required
  • Bachelor's Degree or equivalent experience in insurance
  • 5+ years of commercial lines placement and marketing experience
  • 3+ years of account management experience
  • Excellent written and oral communication skills
  • Strong computer skills and proficiency with Microsoft Office
  • Minimum 1 year of agency management system (AMS) experience
  • 5+ years of proven negotiation and problem-solving skills

Responsibilities

  • Work with producers to prepare insurance submissions
  • Analyze insurance proposals to meet client needs
  • Review underwriting guidelines from insurance carriers
  • Negotiate appropriate premiums with insurance carriers
  • Document communications and client details in the agency management system
  • Mentor junior staff on coverage questions and risk assessment

Benefits

  • Opportunity to collaborate with diverse insurance carriers and producers
  • Fast-paced, team-oriented work environment
  • Professional development and career growth opportunities
  • Comprehensive compensation and benefits package
  • Commitment to service excellence and employee success
Full Job Description
Position Summary

Senior Commercial Marketing Specialist will work with larger and complex commercial accounts. Requires knowledge of insurance companies willing to write coverage for industries in (but not limited to) large construction, large real estate schedules and transportation services. Requires an understanding of the unique coverages involved in these niches. The ideal candidate must have strong interpersonal skills, adaptability, and communication skills to handle various sales styles (i.e. assertive, consultative, detail-oriented, etc.) within a high-energy, fast-paced, growing agency. The Senior Commercial Marketing Specialist will work with junior staff to support day-to-day operations, answer coverage questions, and provide guidance.

What You Will Do
  • Work with producers to prepare a complete submission for insurance carriers to develop an insurance premium
  • Analyze insurance proposals to fulfil our clients' needs
  • Analyzing underwriting guidelines set by individual carriers
  • Negotiate with insurance carriers for an appropriate premium commensurate with the risk
  • Properly document communications, coverages, client details and more in organization's Agency Management System
  • Mentor junior staff by answering day-to-day operational and coverage questions, providing guidance and advice around appropriate placement of business, and assessment of risk


What We're Looking For

Qualifications Needed
  • Active New Jersey Insurance License required.
  • Bachelor's Degree or commensurate experience in the insurance industry
  • Minimum 5 years of commercial lines placement and marketing experience
  • 3+ year of account management experience
  • Excellent written and oral communication skills
  • Strong computer skills and proficiency with Microsoft Office
  • Ability to adhere to deadlines and multi-task in a fast-paced environment
  • Minimum 1 year of agency management system (AMS) experience
  • Minimum 5 years of proven negotiation and problem-solving skills


Preferred Qualifications
  • Professional designation, CIC, CRIS, CPCU, CRM, etc. preferred


Why Join Provident Protection Plus?
  • Opportunity to collaborate with Producers and a variety of insurance carriers.
  • Fast-paced, team-oriented agency environment.
  • Professional development and career growth opportunities.
  • Competitive compensation and benefits package.
  • Work for an organization committed to service excellence and employee success.


Other Duties

Please note, this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Working Conditions
  • Work is performed in a normal office environment.
  • Noise levels are usually moderate.

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.

Pay Details

$90,000 - $125,000 annually

Please note, the base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, education, geographic location, internal equity, and other applicable business and organizational needs. This role is incentive eligible based upon company, business, and/or individual goal achievement and performance.

Team members accrue paid time-off (PTO), receive Holiday (PTO), and are eligible to participate in the bank's Health and Wellness benefits including Medical, Dental and Vision Plans, Flexible and Health Savings Accounts, and a 401(k) Retirement Plan. In addition, the company provides Disability Insurance, an Employee Assistance Program, and Basic Life Insurance. Company-sponsored Tuition Disbursement and Loan Repayment programs are also available. Voluntary benefits include Supplemental Life Insurance, Accident, Critical Illness, Hospital Indemnity and Legal plans.

About Provident Financial Services, Inc

Provident Financial Services, Inc. is a bank holding company that provides a range of financial services to individuals and businesses in New Jersey and Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey. Provident Financial Services operates through its subsidiary, Provident Bank, which has over 80 branches and offers a variety of banking products and services, including checking and savings accounts, loans, mortgages, and wealth management services. The company is committed to giving back to the communities it serves and has established a foundation to support local organizations and initiatives. Provident Financial Services is publicly traded on the New York Stock Exchange.
Learn more about Provident Financial Services, Inc
Size
1,123 employees
Market Cap
$100.1 million
Industry
Net Income
$5.3 million
5 Year Trend
-3.9%

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