Sr. Risk Placement Specialist, Commercial Insurance

NFP Corp•Chicago, IL

1d•Onsite

About The Position

NFP, an Aon company, is seeking a Senior Risk Placement Specialist for its Select Business Unit's New Business team. This role focuses on evaluating, marketing, negotiating, and placing commercial insurance new business opportunities generated through internal referrals and producer relationships. The specialist will work closely with insurance carriers, underwriters, and internal producer partners to develop coverage solutions, secure competitive terms, and successfully place business across a broad range of commercial risks. This position is dedicated to new business placement and does not involve renewal marketing, ongoing account servicing, or prospecting. Once coverage is bound, accounts are transitioned to the Account Management team. The role is eligible for a 25% commission on placed new business, with top performers potentially earning around $90,000 annually. The work schedule is Monday to Friday, 8 am to 5 pm.

Requirements

Strong written and verbal communication skills
Commercial insurance marketing and placement experience
Ability to successfully interact with a variety of people
Solid negotiation skills – ability to adjust approach to effectively drive optimal outcomes depending on different personalities
Demonstrated ability to work independently and as part of a team
Strong attention to detail, demonstrating reliability and accuracy
Strong organizational skills with the ability to adjust to changing workload and priorities
Able to coordinate resources and responsibilities
Self-motivated with positive attitude and sense of urgency
Detail-oriented with strong analytical skills, both quantitative and qualitative
Ability to review submissions, evaluate risk, and identify proper market solutions
Knowledge of carrier portals and online quoting platforms
Proficiency with Microsoft Office Suite
5 years of Commercial Insurance experience within a retail brokerage or independent agency
Experience marketing and placing commercial insurance accounts
Experience with E&S Marketplace coverage is required
P&C License required

Nice To Haves

Bachelor’s degree or equivalent preferred
Experience with Epic (agency management system) preferred
Working knowledge of carrier underwriting practices and processes preferred
Advanced industry designation(s) (e.g. CPCU, CIC, ARM) a plus

Responsibilities

Review commercial insurance submissions, evaluate risk exposures, and develop placement strategies to secure competitive coverage solutions.
Work directly with insurance carriers to obtain quotes, negotiate terms, and secure competitive coverage solutions.
Ensure placements are handled according to NFP’s service model standards and timelines, utilizing carrier portals/rating systems.
Support the team in developing client/prospect diagnostics – working at the direction of the Broker or Senior Broker to complete a total program assessment, including total cost of risk, service deliverables, and opportunities for multi-faceted program improvement.
Develop productive business relationships with insurance carriers, underwriters, and internal producer partners.
Cultivate a thorough understanding of markets to better assist the broking team.
Execute placement strategies utilizing carrier relationships and available market resources.
Develop and maintain a thorough knowledge of the insurance marketplace, and the various lines, products and services offered by various insurers.
Ensure client, broking and brokerage data files are maintained.