This job ad has been posted over 60 days ago...
0
applicants
Inside Broker / Account Executive
at Ryan Specialty Group Tennessee in Tennessee (Published at 07-04-2022)
Position Summary:
Responsible for assisting Broker in developing, managing and sustaining profitable business by providing high level technical expertise and customer service. Responsible for managing a Broker?s book of business in-house.
Essential Functions:
- Assists Broker in managing the service and market placement of Broker's portfolio of commercial insurance accounts.
- Maintains cooperative and dependable relationships with retail agencies and brokerages; may make marketing calls to the agencies/brokerages on behalf of the Broker.
- May be responsible for targeted revenue goals.
- Demonstrates broad knowledge of commercial insurance coverages with insurance carriers and other markets.
- Evaluates submissions from retail insurance brokers; identifies exposures and coverage required.
- Identify appropriate markets to request quotes from based on coverage requirements.
- Follows through with market placements as agreed with Broker.
- May create submissions to insurance market selections.
- Communicates and negotiates with insurance markets and retail brokers.
- Evaluates quotes and contract provisions offered by insurance markets.
- May present competitive pricing, contract language and necessary details on quotes to retail insurance brokers and will discuss any questions and binding of quote with an agent.
- Successfully negotiates market placement of new and/or renewal business as directed by Broker; bind orders.
- Works to help ensure all documents are attached and maintained for the appropriate policy/account.
- Other duties as assigned.
Education/Experience/Skills:
- Bachelor's degree preferred; equivalent experience and knowledge considered.
- 5+ years of relevant experience in a commercial insurance brokerage or underwriting environment.
- Wholesale brokerage experience preferred.
- Demonstrated understanding of commercial insurance coverages and relevant forms.
- Must be licensed by appropriate state or be able to quickly obtain insurance license.
- Track record of trusted working relationships with carriers and markets.
- Highest level of customer relations and negotiating skills to effect profitable results.
- Independent judgment is required to plan, prioritize and organize diversified workload.
- Critical attention to details.
- Proficient in Microsoft Office including Word, Outlook and Excel.
- Ability to travel as needed.
- May be required to have and maintain a valid driver?s license
Job Type: Full-time
Pay: $100,000.00 - $140,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Paid training
- Vision insurance
Schedule:
- Monday to Friday
Supplemental Pay:
- Bonus pay
- Commission pay
- Signing bonus
Experience:
- insurance: 3 years (Preferred)
Work Location: One location

