Risk Placement Specialist - Personal Lines

Relation Insurance • Belmont, MA

19h • Onsite

About The Position

The Risk Placement Specialist supports the sales process to retain and grow the business by providing marketing support that is dependable, accurate, accessible, and driven for success. This individual plays a critical role in partnering with a variety of individuals including sales and service teams in promoting Relation’s products and services, to attract new clients and retain existing ones.

Requirements

• High school diploma or equivalent.
• Minimum 5 years' experience supporting risk placement initiatives.
• Strong proficiency in using Microsoft Office Suite, especially Word, PowerPoint, Excel.
• Ability to learn and adapt quickly to new technologies and software.
• Customer focused, high integrity, excellent work ethic.
• In-depth understanding of personal lines of coverage.
• Excellent written/verbal communication and interpersonal skills, with the ability to effectively interact with internal and external clients, business partners, and insurance carriers.
• Detail-oriented and highly organized, with the ability to manage multiple tasks and prioritize work effectively to meet or exceed deadlines.
• Strong, proactive communications to keep internal and external engagements up to date.
• Strong analytical and mathematical skills.

Responsibilities

• Develops and implements a renewal strategy based on potential and existing clients’ risks profiles, market conditions and carrier options.
• Engages with insurance carriers to negotiate favorable renewal terms, including premiums rates, deductible levels, and coverage enhancements.
• Places policies for clients with the most suitable carrier.
• Conducts market research and analysis to identify insurance carriers and products that best meet potential and existing clients needs and offer competitive pricing.
• Collaborates with sales and service teams to align placement efforts with sales and service objectives.
• Keeps accurate and complete documentation of renewal policies, endorsements, and client information.
• Handles administrative tasks related to policy renewals.
• Proactively identifies opportunities to enhance client satisfaction and retention by providing exceptional service, addressing concerns, and offering additional coverage options or risk management recommendations.
• Builds and maintains strong relationships with insurance carriers, underwriters, clients (internal and external) to ensure smooth insurance renewal processes and effective communication.
• Adheres to legal and regulatory requirements in the insurance industry, ensuring all renewals comply with applicable laws and regulations.
• Stays up to date on industry trends, market conditions, and new insurance products to provide valuable insights and recommendations to clients (internal and external) during the renewal process.
• Fully adopts innovative technology, including proprietary AI solutions, into the service process to deliver a best-in-class client service experience.
• Special projects and other duties as assigned.

Benefits

• Competitive pay
• Family health and wellness programs
• 401K
• Employee assistance programs
• Paid time off
• Paid holidays
• Career advancement and development opportunities
• Paid training and continuing education to obtain/maintain your insurance license

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED