Associate (Environmental and Energy) Broker

Brown & Brown Insurance•Madison, WI

12d

About The Position

Bridge Specialty Group is seeking an Associate (Environmental and Energy) Broker to join its growing team. The Associate Broker works directly with an established broker under the general supervision of an operations leader and an office leader. The role’s primary duties are reviewing insurance submissions and applications to evaluate, qualify, and market individuals and groups for insurance. The Associate Broker assesses risk factors, reviews company records and potential losses, brokers risks through the quote-to-bind process, and helps ensure documentation, policies, filings, taxes, and payments are handled properly. The role also develops carrier, brokerage, and retail agency relationships; services existing business; generates new business; and trains and guides processors and assistants. Bridge Specialty Group connects retail partners with wholesale entities across specialty insurance markets. Its more than 25 niche-focused brands include construction, general casualty, environmental liability, professional liability, health care, public entity, workers’ compensation, property, and personal lines. The company has more than 50 locations and more than 2,000 team members throughout the United States and Europe, with access to more than 200 standard and excess and surplus lines carriers.

Requirements

P&C state license.
Proficiency with MS Office Suite.
Exceptional telephone demeanor.
Experience with an excess and surplus lines underwriting agency or company.

Nice To Haves

CIC, CRIS, or CPCU candidate; thorough familiarity with applicable ISO manuals, forms, rating plans, and policy forms, including coverages, exclusions, conditions, and terms.
Bachelor’s degree (B.A.) from a four-year college or university.
Five years of insurance experience, including two years as an underwriting assistant.

Responsibilities

Examine application forms, inspection reports, insurance maps, and loss runs to assess risk factors such as ISO classifications, applicant financials, age, occupation, accident history, and property condition.
Review company records to determine insurance in force on single or closely related risks and evaluate potential losses from catastrophes or excessive coverage.
Broker risks by ensuring required documentation is completed, obtaining written quotes and binders, issuing policies accurately, making state filings, and ensuring taxes are paid in accordance with state laws.
Secure payments on risks bound or written to maintain proper financial controls.
Review, analyze, and qualify risks submitted by Producers; evaluate submissions for premium and terms; and issue indications, quotes, and binders, using inspection companies when necessary.
Develop and maintain carrier and brokerage relationships to place specific risks and grow a book of business.
Market to and meet with retail agency customers to develop and cultivate relationships and foster new business opportunities.
Understand company facilities and broker risks when needed to negotiate placements, managing quote-to-bind activities and production results.
Service existing business, generate new business, and prioritize tasks to manage workload effectively.
Train and guide processors and assistants, review submissions for accuracy and completeness, develop their brokering skills, and reduce clerical workload.