Commercial Insurance Placement Specialist

Hub International Insurance•Charlotte, NC

About The Position

The Commercial Insurance Placement Specialist markets commercial insurance risks to insurance companies in accordance with company practices, policies, and procedures. Under the direction of the Chief Marketing Officer, the role supports effective placement of commercial insurance and contributes to new-business acquisition and renewal retention. The position calls for broad knowledge of property and casualty coverage rating, commercial lines coverage and markets, and insurance-company underwriting appetite. The specialist works with producers, internal departments, carrier underwriters, and wholesale markets to develop suitable insurance placements and ensure accurate quotations and policies.

Requirements

Three to five years of marketing or underwriting experience preferred, or a combination of insurance account manager experience.
Knowledge of property and casualty coverage rating and thorough knowledge of commercial lines coverage and markets.
High school diploma or equivalent.
Proficiency with Microsoft Word, Outlook, PowerPoint, Excel, and internet use.
Strong instruction and facilitation skills.
Excellent organizational, planning, interpersonal, written, and oral communication skills, including technical writing.
Effective time management and attention to detail, with the ability to organize and plan work, set priorities, and execute action plans.
Ability to interact and communicate positively with coworkers.
Ability to learn and apply new systems and processes quickly.
Ability to exercise independent judgment.
High professionalism, integrity, and trustworthiness.
Ability to travel as necessary throughout North and South Carolina.
Willingness to obtain a state insurance license within 60 days of employment if not already licensed.

Nice To Haves

State insurance license appropriate to the office location.
College degree.
Advanced broker management system experience, preferably Applied Epic or Vertafore BenefitPoint.

Responsibilities

Analyze lines of business and insurance-company production trends, and recommend ways to address deficiencies.
Manage local carrier and wholesale-market relationships aligned with CMO and HUB strategies.
Advise producer teams on strategic insurance-program placements using HUB data, market knowledge, and carrier relationships.
Market commercial insurance lines to support new-business acquisition and renewal retention.
Underwrite commercial accounts within delegated insurance-company underwriting authority, guidelines, and procedures.
Act as a producer’s account liaison with other HUB Carolinas departments for quoting specialized coverage lines.
Assist producers with pre-underwriting information gathering, coverage analysis, and proposal presentations as needed.
Apply quality control to policies and quotations, checking coverage, conditions, rating, and pricing for accuracy.
Build relationships with insurance-company underwriters through professional submissions, company visits, events, and negotiations.
Maintain current knowledge of market underwriting appetites, line-of-business trends, insurer changes, rating techniques, and coverage developments.
Use company utilization strategies when submitting risks.
Maintain accurate new-business and renewal control logs to help the CMO identify trends.
Perform other duties assigned by management, including duties in other functional areas as needed.