Wholesale Broker

Novella

$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years managing broker relationships in the wholesale E&S market
  • Active P&C and surplus lines license (preferably nationwide)
  • In-depth knowledge of commercial E&S markets and coverage
  • Strong client and underwriting relationships
  • Flexible and adaptable to a fast-paced startup environment

Responsibilities

  • Collaborate with management on quarterly revenue and agency goals
  • Engage with retail brokers to introduce and promote Novella
  • Develop long-term relationships to grow submission pipeline
  • Utilize Novella's system to assist brokers in finding coverage
  • Negotiate competitive quotes with insurance markets

Benefits

  • Opportunity to play a pivotal role in scaling a new company
  • Supportive environment fostering innovation and technology in insurance
  • Flexibility and adaptability encouraged
  • Prospects for professional growth as company expands
Full Job Description
The Role

We're seeking an experienced wholesale broker who embraces technology and innovation, and is excited to build and scale their book of business along with scaling and building a new company. We want you to love insurance but hate how inefficient it is.

The ideal candidate is a senior wholesale broker with experience selling commercial property and/or general liability coverage. In addition to years of experience, you should bring with you strong client and underwriting relationships. Those relationships will be the foundation on which you start building your book with Novella, but ultimately you'll be expected to grow your book and team meaningfully as we scale.

Your primary job will be selling insurance and building client relationships. But as with any startup, the ideal candidate is excited to do whatever it takes to push Novella forward.

What you'll do

  • Collaborate with management to set quarterly revenue & agency appointment goals and own the success of those goals.
  • Engage with retail brokers to introduce them to Novella, and develop long term relationships growing Novella's submission pipeline.
  • Use Novella's system to help retail brokers find coverage by submitting quotes to carriers and managing the whole process from submission to bind.
  • Negotiate competitive quotes with markets

What We're Looking For

  • 5+ years managing broker relationships at a national or regional level in the wholesale E&S market.
  • Active P&C and surplus lines license (ideally country wide, but not required).
  • In-depth knowledge of commercial E&S markets and coverage - specifically commercial property and general liability.
  • Someone flexible who understands every day at an early stage startup is like a decade in the corporate world. We move quickly and do whatever needs to get done no matter your title.

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