Placement Manager, Commercial Risk - IAS, West
About The Position
The Baldwin Group is seeking a Placement Manager to service the needs of our clients in a prompt and efficient manner. This role involves preparing client RFP's, including claim reports and renewal details, as well as preparing client data for marketing efforts to seek alternative coverages and plans. The Placement Manager will maintain thorough knowledge of the insurance marketplace and develop relationships with key underwriters to ensure thorough evaluation of qualified companies. They will be responsible for assessing client needs, designing solutions, and negotiating with insurance carriers to obtain the most appropriate coverage plans. This role typically handles client business of higher complexity, marketing it to a variety of insurance carriers for both new and renewal business. The Placement Manager will identify appropriate carriers, submit applications for quotes, negotiate favorable rates including terms & conditions, and prepare Insurance Proposals. Staying current on industry news, products, coverage, and technology is essential, as is consistently maintaining a professional demeanor and attending company meetings, educational workshops, carrier functions, staff meetings, and networking events when requested.
Requirements
- Ability to prepare written correspondence, reports, and analyses in a timely manner to clients and associates.
- Analyze situations, identify problems, recommend solutions, and evaluate outcomes.
- Demonstrated presentation and negotiation skills required.
- Exceptional writing and communication skills.
- Ability to multi-task, meet deadlines and thrive in a fast paced environment.
- Bachelor’s Degree preferred and/or 7+ years’ work related experience.
- Prefer some experience in an agency environment.
- Active insurance license required.
- Proficient user of Microsoft Office – Word, Excel, PowerPoint.
Responsibilities
- Maintain thorough knowledge of the insurance marketplace.
- Develop and maintain significant relationships with key underwriters.
- Ensure thorough evaluation of qualified companies in the marketplace.
- Assess client needs, design solutions, and negotiate with insurance carriers to obtain most appropriate coverage plans for clients.
- Market client business, typically of higher complexity, to a variety of insurance carriers, new and renewal business.
- Identify appropriate carriers, submit applications for quotes, negotiate favorable rates including terms & conditions.
- Prepare Insurance Proposals.
- Stay current on industry news, products, coverage and technology.
- Consistently maintain professional and appropriate demeanor.
- Attend company meetings, educational workshops, carrier functions, staff meetings, and networking events when requested.
Benefits
- The starting salary is $85,000-95,000 annually.
- Salary is negotiable upon time of hire.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
