Inside Broker
About The Position
When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. We are looking for candidates with an entrepreneurial spirit, drive for career advancement and desire to develop relationships to join our team as an Inside Broker. The Inside Broker will support Brokers with all job functions to learn the industry, business, and job responsibilities necessary for future growth as a Broker. Serving as in intermediary between the Retailer and the Insurance Company, they market, identify, solicit, and arrange appropriate insurance coverage for clients. The Inside Broker will drive new business to assist Brokers in meeting or exceeding production goals, as well as build strong, positive relationships to increase the reputation of Burns & Wilcox.
Requirements
- 3+ years of experience in the insurance industry
- Bachelor's degree or equivalent combination of education and experience
- Insurance license is preferred
- Solid coverage, terms, conditions, and pricing knowledge related to property, plus current knowledge of market and industry issues
- Technologically savvy and data driven
- Ability to perform tasks in a stationary position throughout working hours
- Travel when necessary in order to foster strong client relationships
Responsibilities
- Produce income by brokering specialty Property lines of insurance
- Cultivate and maintain excellent client and agent relationships
- Develop solutions for individual risk placement as well as program business development
- Promote new business and/or renewal business to achieve production and market criteria
- Evaluate business or individual customers' needs and financial status and propose protection plans that meet their standards
- Seek opportunities to access new insurance markets and products, negotiating the best terms and coverages available
- Prepare submissions for markets and secure quotes
- Supervise execution of company underwriting guidelines, corporate policy and procedures, and compliance with contract terms
- Assist broker with meeting or exceeding production goals as assigned by BWB
- Define and monitor successful sales and marketing strategies in cooperation with senior management
Benefits
- Competitive base compensation ranging from $95k-120k plus highly lucrative incentive bonus plan
- Employer paid continuing education courses and designations via access to Kaufman Institute
- Health and welfare benefits including medical, vision and dental
- 401K with employer match
- Paid vacation, sick time, and holidays
- Access to Kaufman Wellness Program
- Flexible and hybrid work options
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Insurance Carriers and Related Activities
Number of Employees
1,001-5,000 employees
