LOCATION: Hybrid, New York, NY or Chicago, IL
Support the placement of cyber and technology E&O insurance products for large, complex public and private companies, non-profit organizations and professional service firms. This individual will be responsible for designing and executing the placement strategy for cyber and technology insurance products. This will include reviewing and evaluating coverage and negotiating with markets to receive the best terms, conditions, coverage and pricing for the client.
Responsibilities:
• Identify, analyze, and quantify risk exposures for clients/prospects and recommend appropriate insurance products and service requirements.
• Create and submit renewal specifications to the marketplace and consult with clients in the development of underwriting materials for submission to markets.
• Negotiate policy terms, conditions, and premiums.
• Create necessary client deliverable documents throughout renewal timeline process.
• Present marketing results to clients.
• Review quotes, binders, policies and endorsements for accuracy and transmit to clients.
• Support investigation and efforts to resolve policy and/or claims issues between insured and insurer.
• Ensure service of clients' daily account needs are met; this may include insurance requirement responses, certificate requests, and midterm coverage questions or policy needs.
• Develop and maintain productive business relationships with key insurance underwriters.
• Assist with special projects and client requests.
• Produce renewal strategy, renewal presentation and stewardship reports.
• Contribute to winning prospect opportunities, including preparation of capabilities presentations, written RFP responses and oral presentations.
Qualifications:
• Bachelor's Degree; advanced degree a plus.
• Minimum of 5 years of experience in the insurance industry with client service experience specific to cyber and technology insurance products.
• Service team experience, including experience negotiating with insurance markets and presenting to clients.
• Experience working with an agency management system such as Sagitta or Salesforce.
• Proficiency in Microsoft Office Software (Word, Excel, PowerPoint and Outlook) and Adobe.
• Hold appropriate Broker's License(s) or able to obtain one within 3 months of employment.
COMPENSATION:
Exempt: The base salary range for this position is $120,000 - $145,000. This range represents the employer's good faith estimate of the compensation for this role at the time of posting.
Actual compensation will be determined based on factors such as experience, skills, training, certifications, education, internal equity, and market data. This role may also be eligible for bonuses and a comprehensive benefits package.
To learn more about EPIC, visit our Careers Page: https://www.epicbrokers.com/about/epic-careers/.
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