Commercial Lines Broking Associate
World Insurance Associates, LLC.•Woodbridge Township, NJ
•$59,700 - $73,800•Onsite
About The Position
The Broking Associate supports Middle Market Broking Specialists and Consultants on research, data gathering, underwriting analysis and preparation of various materials in support of broking activities on new and renewal business to support client retention and production goals.
Requirements
- 1-3+ years’ experience in Property and Casualty with a comprehensive understanding of insurance coverages for commercial lines
- Must hold state Property & Casualty insurance license
- Action/task-oriented with strong follow-up and follow-through
- Strong interpersonal skills and demonstrated professional communication skills
- Commitment to continuous learning and development, and eagerness to learn about the insurance marketplace
- Project/process management discipline and follow-through
- Effective listening and communication skills
- Collaborative nature
- Ambitious and initiative-taker
- Analytical and creative thinker
- Commitment to continuous learning and development
- Basic understanding of standard property and casualty insurance programs
- Purposeful, results-driven, competitive, tenacious desire to win
- Knowledgeable of the insurance marketplace and keeps current with marketplace changes
- Strong ability to influence and negotiate with trading partner peers, and achieve optimal outcomes for clients and prospective clients
Responsibilities
- Supports in the data compilation activities related to loss history and coverage needs for Middle Market renewal strategy documents, submissions, and proposals.
- Prepare coverage comparisons based upon quotations and proposals received from underwriters with oversight from senior staff.
- Supports in the identification and analysis of client exposures, and helps identify markets to utilize, working with available data and additional insights.
- Provides input in the compilation and analysis data, and drafts assigned elements of client service plans, stewardship reports, and other presentations tailored to the needs of clients.
- Participate in client broking strategy meetings with senior staff guidance.
- Assist in the preparation of requests for quotations to the insurance carriers.
- Maintain focus on World-authorized workflow and standard operating procedures to support consistency across the World enterprise.
Benefits
- Competitive benefits package
- Variable pay programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
