Small Business Insurance Placement Specialist

Rue Insurance • Hamilton Township, NJ

1d • $55,000 - $80,000 • Hybrid

About The Position

The Small Business Insurance Placement Specialist is responsible for placing new small commercial business at Rue Insurance and supporting other team members as needed. As the first point of contact for inbound small-business opportunities, the Specialist evaluates opportunities against the agency’s eligibility and placement criteria, gathers information for carrier quotes, and provides timely follow-up and quote turnaround. The role partners with producers, account teams, marketing and placement colleagues, and insurance carriers to gather and organize underwriting information, prepare submissions, obtain and review quotations, and facilitate placement and binding of new business. Work must meet Rue Insurance’s best-in-class service standards.

The Specialist also develops and maintains knowledge of small commercial carrier partners, market appetite, underwriting guidelines, coverage capabilities, rating platforms, and submission requirements. The position supports the Marketing and Placement Team with submissions and placement activity as assigned. It is a full-time, salaried, non-exempt role reporting to the Director of Placement & Carrier Relations in the Marketing department. The listed salary range is $55,000–$80,000, with a bonus opportunity based on company and individual performance.

Requirements

• Current Property & Casualty insurance license.
• Knowledge of commercial lines coverages, including Commercial General Liability, Commercial Property, Businessowners Policy, Commercial Auto, Workers Compensation, and Commercial Umbrella/Excess Liability.
• Ability to review underwriting information and identify missing information or inconsistencies before submission.
• Ability to understand and compare commercial insurance quotations, including limits, deductibles, endorsements, exclusions, conditions, and premiums.
• Ability to communicate confidently with inbound prospects, ask effective underwriting questions, assess preliminary eligibility, and explain next steps and information requirements.
• Strong organizational skills and attention to detail.
• Ability to manage multiple submissions, quotations, and deadlines in a fast-paced environment.
• Strong written, verbal, and interpersonal communication skills.
• Ability to collaborate with producers, account teams, Marketing & Placement team members, and insurance company personnel.
• Ability to work independently, prioritize workload, and accept accountability for assigned responsibilities.
• Strong computer aptitude, including proficiency with Microsoft Outlook, Word, and Excel, and ability to learn and use carrier rating and underwriting platforms efficiently.
• Must be capable of sitting for a long period, working on a computer, standing, and walking.

Nice To Haves

• Commercial lines insurance experience at an independent insurance agency or insurance carrier.
• Experience with small commercial insurance underwriting, rating, placement, processing, or account support.
• Applied Epic experience.
• Experience using carrier rating and underwriting platforms.
• Professional insurance designation(s).

Responsibilities

• Handle inbound small-business calls and referrals professionally, gathering the information needed to quote each opportunity.
• Review initial eligibility based on account size, operations, coverage needs, carrier appetite, underwriting requirements, and agency guidelines.
• Provide customer quotations within established service expectations.
• Prepare accurate, market-ready submissions, including ACORD and supplemental applications, schedules, and exposure and loss information.
• Evaluate carrier options, select appropriate markets, submit opportunities, and proactively follow up for timely quotations.
• Review quotations for accuracy and consistency with submissions and resolve discrepancies.
• Work with carriers to obtain coverage improvements, alternative options, and competitive terms when appropriate.
• Prepare proposals and quote comparisons communicating coverages, premiums, options, and recommendations as directed.
• Provide binding instructions after authorization, confirm binding requirements, and prepare or coordinate binders, certificates, auto ID cards, evidence of property insurance, and other inception documents.
• Perform underwriting and rating functions for businesses eligible for agency underwriting authority.
• Advise prospects or referrers when opportunities do not meet placement criteria and document the reasons according to agency procedures.
• Maintain knowledge of small commercial carrier partners, market appetite, underwriting guidelines, minimum premiums, coverage capabilities, rating platforms, and submission requirements.
• Develop and maintain professional working relationships with carrier underwriting and marketing personnel.
• Maintain knowledge of commercial insurance products, coverages, endorsements, exclusions, and underwriting considerations relevant to small commercial risks.
• Use carrier portals, comparative raters, and other technology efficiently and accurately; identify potential carrier options and placement solutions.
• Support Marketing and Placement Team members with new-business submissions and placement activity as assigned.
• Follow agency processes, procedures, and carrier requirements; complete accurate work on time and by deadlines.
• Maintain accurate documentation in Applied Epic and communicate professionally with customers, carriers, and colleagues.
• Attend and participate in department and company meetings as requested, and participate in educational opportunities to expand relevant knowledge.
• Perform other duties or projects assigned by management.

Benefits

• Paid Time Off (PTO).
• 401(k) with employer match.
• Profit sharing plan.
• Flexible work and in-office/remote hybrid work schedules after 90 days.
• Insurance options for medical, dental, vision, long-term disability, short-term disability, life, accident, critical illness, accidental death and dismemberment, and identity theft.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed