Placement Executive, Commercial Risk - IAS Northeast

Baldwin Group Colleague•Boston, MA

12d

About The Position

The Placement Executive is an integral member of the team, partnering with Advisors, Directors, and others across the firm to provide a high level of service to clients. The role develops professional working relationships with clients, insurance companies, and agency personnel to maintain accounts and promote a positive working environment. The starting pay is $110,000+ annually, negotiable at the time of hire. A bachelor’s degree is preferred and/or 10 years of work-related experience. Some agency-environment experience is preferred, and an active state insurance license is required.

Requirements

An active state insurance license is required.
Maintain all licenses required by state insurance departments to provide service, consultation, and financial risk-transfer solutions in the states where the firm operates, or be willing and able to obtain required licenses within the first 90 days of employment.
Demonstrated presentation and negotiation skills.
Exceptional writing and communication skills.
Ability to multitask, meet deadlines, and thrive in a fast-paced environment.
Proficiency with Microsoft Office, including Word, Excel, and PowerPoint.
Bachelor’s degree preferred and/or 10 years of work-related experience.

Nice To Haves

Some experience in an agency environment.
Professional designations such as ARM, CPCU, CRM, or CIC.

Responsibilities

Maintain in-depth knowledge of insurance products and services, including policy forms, terms, and conditions.
Maintain thorough knowledge of the insurance marketplace and develop and maintain significant relationships with key underwriters, ensuring thorough evaluation of qualified marketplace companies.
Assess client needs, design solutions, and negotiate with insurance carriers to obtain appropriate coverage plans.
Market new and renewal client business, typically of higher complexity, to a variety of insurance carriers.
Identify appropriate carriers, submit applications for quotes, negotiate favorable rates and terms and conditions, and prepare insurance proposals.
Stay current on industry news, products, coverage, and technology.
Maintain a professional and appropriate demeanor.
Attend company meetings, educational workshops, carrier functions, staff meetings, and networking events when requested.
Prepare written correspondence, reports, and analyses for clients and Baldwin associates in a timely manner.
Analyze situations, identify problems, recommend solutions, and evaluate outcomes.