Analyst, Brokerage Placement - Commercial Lines

Brown & Brown Insurance

2d•$50,000 - $53,000•Onsite

About The Position

Bridge Specialty Group is seeking an Analyst, Brokerage Placement – Commercial Lines to join their growing team. As a Brokerage Placement Analyst, you will research opportunities and deliver analytical insights that help the brokerage team succeed. Your work will support agent and carrier partnerships while contributing to business growth. This position is on the LocalEdge iQuote small commercial new business team. LocalEdge uses CoverForce as our online rater for brokering admitted small commercial business. Brokers on the team work with retail insurance agents to find the best possible insurance coverage for customers with a variety of insurance carriers. Lines of business include General Liability, Business Owners Policy, Workers Compensation, Commercial Auto, and Umbrella.

Requirements

Active P&C and Surplus Lines licenses (or ability to obtain within 45 days).
Ability to identify, evaluate, analyze, and recommend solutions to insurance needs.
Acquires and maintains an understanding and adheres to state specific statutes involving underwriting, applicable insurance laws and regulations.
Verbal and written communication skills to interact, influence, and negotiate with internal/external business partners.
Ability to learn job-related software.
Key proficiencies include product acuity, functional/technical skills, command and consultation skills, interpersonal savvy, negotiating, consulting, problem solving, drive for results, handling and measuring work, and decision quality.
Ability to be flexible and adaptable to changing situations.

Nice To Haves

2+ years of related insurance experience.
Will consider undergraduate degree in lieu of experience.
Undergraduate studies in business, risk management, or related field, degree preferred.
Commercial Lines insurance experience preferred.
Professional designations such as CIC, CPCU, or equivalent.

Responsibilities

Review and evaluate submissions for acceptability, ensuring alignment with multiple company guidelines.
Negotiate coverage terms and requirements with precision.
Provide timely issuance of quotes and bind policies effectively and accurately.
Gather and maintain meticulous, organized, and complete underwriting files.
Assess risks within established authority.
Ensure compliance with carrier guidelines, state regulations, and surplus lines requirements.
Cultivate strong connections with agents, internal teams, carriers, and external partners to identify profitable growth avenues.
Achieve team / individual production goals through developing a profitable book of business and strategically growing both policies in force and premium.
Skillfully communicate, both written and verbally, with all stakeholders in a clear and concise message.
Research agency, carrier, and market data for informed decision making.
Address inquiries within established service level standards and exhibit underwriting expertise.
Advise agencies on carriers and products within your specialty and connect agents with the right resources for opportunities outside your area of expertise.