Assistant Broker

Brown & Brown Insurance•New York, NY

5d•$29 - $31•Onsite

About The Position

Bridge Specialty Group is seeking an Assistant Broker to join our growing team in New York, NY. The Assistant Broker supports the Binding Authority Underwriters by reviewing applications, inspections, and other pertinent information to evaluate, classify, and rate individuals and/or groups for insurance. This role involves examining documents such as application forms, inspection reports, insurance maps, and medical reports to determine risk factors like applicant financial standing, age, occupation, accident experience, and property value/condition. The Assistant Broker also reviews company records to ascertain the amount of insurance in force on a single risk or group of risks and evaluates potential losses from catastrophes or excessive insurance. They will work closely with Binding Authority Underwriters on new and renewal risks, ensuring all required information is gathered, applications are complete, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings are made where applicable, and taxes are paid according to state laws. Additionally, the role includes issuing and re-issuing certificates of insurance, coordinating and corresponding with internal and external departments via phone, mail, and email to address inquiries, resolve issues, and follow up on outstanding items. The Assistant Broker may also assist in training other personnel, including processors and assistants, by reviewing indications, quotes, binders, submissions, and policies for completeness and accuracy, and ensuring all correspondence and requests are documented and attached to the appropriate file in the relevant system(s).

Requirements

Minimum education required: High School Diploma or GED.
Proficient with MS Office Suite
Exceptional telephone demeanor
Ability to maintain a high level of confidentiality.

Nice To Haves

Working towards or holds valid P&C license.
Associate or bachelor’s degree in an insurance or accounting related discipline.

Responsibilities

Examines documents such as application forms, inspection reports, insurance maps, and medical reports to determine risk factors.
Reviews company records to determine the amount of insurance in force and evaluates the possibility of losses.
Works with Binding Authority Underwriters on new and renewal risks, ensuring all required information is obtained, applications are complete, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings are made, and taxes are paid.
Issues and/or re-issues certificates of insurance.
Coordinates and corresponds with internal and external departments via phone, mail, and email to respond to questions, investigate and resolve issues, and follow up on outstanding items.
Assists in the training of other personnel, including instructing and training processors and assistants, and reviewing indications, quotes, binders, submissions, and policies for completeness and accuracy.
Ensures all correspondence and requests are documented and attached to the appropriate file in the appropriate system(s).