Insurance Placement Specialist

North Risk Partners, LLC•Saint Cloud, MN

2h•$85,000 - $110,000

About The Position

The Insurance Placement Specialist markets and places new commercial business with insurance carriers and assists Risk Advisors in quoting and writing new business. The role independently negotiates with carrier partners, manages marketing activity and deadlines, and supports accurate, timely submissions and placement. It works collaboratively with Risk Advisors and sales and service staff, and transitions sold accounts to Account Managers. The position also involves maintaining carrier and company relationships, keeping internal systems current, supporting team members, monitoring insurance industry and regulatory developments, and pursuing ongoing professional development.

Requirements

A combination of education and experience generally attained through a high school degree, bachelor’s degree, and a minimum of 8 years in the commercial insurance space.
Previous insurance marketing and/or insurance customer service experience.
Active property and casualty license.
Excellent oral and written communication skills.
Ability to work in a fast-paced environment.
Self-starter who takes initiative to identify problems and lead by example.
Strong attention to detail and ability to prioritize tasks effectively.
Valid driver’s license and ability to travel to North Risk Partners locations and other locations in the state and potentially the region for meetings.
Ability to work a flexible schedule, including overtime and potential evenings or weekends for events and meetings as needed.

Responsibilities

Write new business in a quick, timely, and accurate manner.
Collaborate with Risk Advisors to determine appropriate markets and coverages.
Receive commercial lines marketing applications and validate and update information to ensure accurate carrier submissions.
Analyze carrier quotes and coverages for accuracy.
Create and distribute marketing proposals to sales staff and bind coverage as necessary.
Manage the marketing process proactively and meet deadlines to support client and Risk Advisor satisfaction.
Use independent judgment and discretion to meet client needs.
Transition new business accounts to Account Managers, update internal systems to show accounts as sold, and provide clear transition directions.
Enter activity and other relevant information into company software systems according to company procedures.
Provide marketing process support and knowledge to sales and service staff.
Understand and promote North Risk Partners’ value-added services.
Develop and maintain strong, positive relationships with carriers and company contacts.
Attend and actively participate in agency service training meetings.
Analyze insurance industry trends, advancements, and regulatory changes affecting businesses and the industry.
Follow federal and state regulations and best practices for avoiding errors and omissions.
Mentor new marketing team members on marketing methods in alignment with the company’s mission and values.
Pursue and maintain professional designations as part of continuing professional development.