Commercial Lines P&C Broker

Brown & Brown Insurance•Morristown, NJ

23h•Onsite

About The Position

Morstan General Agency is seeking a Commercial Lines P&C Broker to join their growing team in Morristown, NJ. This role will involve gaining technical knowledge and understanding of internal processes and procedures to be effective in a Broker or Binding Authority Underwriter role. The Commercial Lines P&C Broker is responsible for assisting in achieving incremental sales goals and participating in various training and educational opportunities.

Requirements

Valid P&C license.
Bachelor’s Degree (B.A) from a four-year college or university or equivalent industry experience.
Proficient with MS Office Suite.
Exceptional telephone demeanor.
Ability to maintain a high level of confidentiality.
0 - 5 years' experience in a similar position.

Responsibilities

Develop skills to interact with company and retail agent personnel diplomatically and knowledgeably to establish positive relationships, increase revenues, and retain policies.
Develop relationships with insurance agents, brokers, and carriers by attending sponsored events and participating in internal and external sales meetings.
Examine documents such as application forms, inspection reports, insurance maps, and medical reports to determine risk factors.
Request additional information if necessary and accept or reject risks in conformance with company guidelines.
Review, analyze, and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes, and binders.
Use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
Process new business in a timely and efficient manner to grow revenues and maintain retention and profitability.
Leverage mentorship relationships when marketing and meeting with retail agency customers to develop business and cultivate relationships.
Foster and improve relationships with other departments, producers, companies, and competitors.
Develop a thorough understanding of internal operations to successfully extend Company facilities, utilizing binding authorities or brokering risks when required.
Successfully negotiate a placement.
Complete and pass assigned educational courses, professional designations, and licenses courses and examinations.