Senior Broker - Private Capital

HowdenNew York, NY
7d$180,000 - $300,000

About The Position

The Senior Broker is responsible for managing a sophisticated portfolio of middle-market and private equity-backed clients, leading the placement and servicing of complex property and casualty insurance programs while ensuring all client deliverables are executed to the highest standard. Private Equity focused brokers play a critical role in driving new business by supporting P&C program reviews and pro forma budgeting. Senior Brokers play a critical role across the full client lifecycle-leading placement, execution, renewal strategy and complex negotiations while driving client retention and new business growth. They also serve as mentors to junior brokers and actively contribute to practice-wide innovation and capability building.

Requirements

  • 5-10 years of experience in commercial insurance brokerage, with a strong background in Property & Casualty placements
  • Demonstrated experience supporting Private Equity-backed clients, with a strong understanding of the fast paced, transaction-driven nature of private capital.
  • Deep knowledge of commercial package programs, including the ability to structure solutions for complex and loss sensitive insurance programs
  • Proven ability to analyze client exposures and design tailored insurance solutions aligned with business and deal objectives
  • Strong understanding of market dynamics, carrier appetite, and coverage structures
  • Experience managing multiple priorities and delivering results under tight deadlines
  • Ability to partner effectively with clients, carriers, and internal teams to drive successful outcomes
  • Strong communication skills with the ability to clearly articulate coverage, pricing and risk considerations to clients and stakeholders
  • A collaborative, team-oriented mindset with a commitment to mentoring and developing junior talent.
  • Demonstrates strong, established relationships with key insurance carriers.
  • Currently licensed in commercial insurance

Responsibilities

  • Review client exposures, loss experience, and industry-specific risks to develop tailored insurance solutions aligned with client objectives
  • Demonstrate a strong understanding of industry distinctions and associated risk profiles, providing informed, strategic guidance to clients
  • Participate in renewal strategy meetings and client presentations
  • Prepare and oversee market submissions, ensuring coverage requests are comprehensive and tailored to each client’s specific risk profile.
  • Analyze carrier quotes and provide detailed comparisons highlighting coverage differences
  • Manage orders to bind ensuring placements accurately reflect client direction and negotiated terms
  • Execute placements on a condensed timeframe due to the fast-paced environment that is required within private equity.
  • Review polices for accuracy and coordinate corrections or endorsements with underwriters
  • Support Private Equity transactions by providing P&C program reviews, proforma budgeting and market insight during due diligence.
  • Execute insurance placements within accelerated timelines
  • Help develop innovative insurance structures tailored to Private Equity and Middle Market risks ranging from guaranteed cost programs to loss sensitive placements
  • Build and maintain strong trusted relationships with insurance carriers and underwriters
  • Collaborate with producers, account executives, and client teams to support client retention and new business production
  • Provide leadership, mentoring, and technical guidance to associate brokers and junior colleagues.
  • Foster connectivity across local, regional, and national teams, encouraging the sharing of best practices and market intelligence.

Benefits

  • Medical, dental, and vision insurance, including healthcare savings and reimbursement accounts
  • 401(k) retirement plan
  • Flexible Paid Time Off and paid parental leave
  • Life and Disability insurance
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