Insurance Placement Specialist

North Risk Partners, LLC•Mankato, MN

2h•$85,000 - $110,000

About The Position

The Insurance Placement Specialist is responsible for marketing and placing new commercial insurance business. The role works with carrier partners and Risk Advisors to identify appropriate markets and coverages, obtain and review quotes, prepare proposals, and bind coverage as needed. Specialists manage the marketing process independently, negotiate with carriers, and meet deadlines to support client and Risk Advisor satisfaction. The position also supports sales and service staff throughout the marketing process, maintains accurate account information in company systems, and transitions sold accounts to Account Managers. It involves developing carrier relationships, keeping informed about insurance industry and regulatory developments, following applicable regulations and errors-and-omissions practices, and mentoring new marketing team members. The role is primarily indoors, with travel for meetings and client visits, and may include overtime, evenings, or weekends as needed.

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 company locations and client meetings.
Ability to work a flexible schedule, including overtime and potential evenings or weekends for events and meetings as needed.

Responsibilities

Write new business quickly, accurately, and in a timely manner.
Collaborate with Risk Advisors to determine appropriate markets and coverages.
Receive commercial lines marketing applications and validate and update information for 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.
Exercise independent judgment and discretion to meet client needs.
Transition new business accounts to Account Managers, update internal systems, and provide clear transition directions.
Enter activity and other relevant information into company software systems according to procedures.
Provide support and knowledge to sales and service staff during the marketing process.
Understand and promote North Risk Partners' value-added services.
Develop and maintain positive relationships with carriers and company contacts.
Attend and participate actively in agency service training meetings.
Analyze insurance industry trends, advancements, and regulatory changes.
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 through continued professional development.