TSIB Broker - Special Accounts

Turner Construction•Shelton, CT

About The Position

Underwriting: · Review terms and conditions of new and renewal accounts by collecting, reviewing, and analyzing account information in conjunction with proper risk assessment in line with risk appetite · Develop and demonstrate specific line of business knowledge and expertise. Continually monitor L.O.B. trends and opportunities. · Pro-actively market to appropriate carriers, wholesalers and cedants, participate in customer account renewal meetings and underwriting audits; and provide top quality customer service. · Develop internal pricing and modeling tools to establish appropriate pricing options on accounts in various structures and lines of business · Negotiate competently with carriers and clients, providing constructive feedback and offering alternative risk solutions when needed · Make presentations to senior management on larger accounts articulating thought processes in a clear and cohesive manner · Execute strategic growth plans aligned with premium and profitability objectives, as well as service excellence · Effectively communicate with Account Management, Actuarial, Claims, Legal, and Accounting on issues that involve pricing, contract wording, premium & loss bookings and claims, to ensure profitability of accounts and compliance with corporate guidelines. Qualifications: · Bachelor of Art or Bachelor of Science degree in Insurance, Risk Management, Liberal Arts, Business, Management, Finance or related fields from an accredited college/university · 8-10- years’ experience as an Insurance Underwriter with concentration on the Casualty lines of business and large accounts loss sensitive program development and 3 years commercial insurance experience with exposure to large accounts and loss sensitive programs; Experience in reinsurance placement and negotiations or an equivalent combination of education, training, and/or experience. · Broker's license required. CPCU, ARM, ARe, CPCU or similar insurance designation preferred. · Experience in the rating and analysis of pro rata and excess of loss business · Knowledge of Insurance Policies and/or Reinsurance contracts and associated market practices · Microsoft Office suite of programs and typical brokerage or RMIS systems · Math aptitude and outstanding PC skills · Excellent understanding of Insurance and Reinsurance markets, placement structures and underwriting approaches · Motivated self-starter able to work with minimal supervision, set daily priorities and juggle multiple clients or tasks. · Excellent organizational skills and attention to detail. · Ability to work in a fast-paced dynamic environment. · Strong written and oral communication skills. · Excellent interpersonal skills with ability to work with staff at all levels as well as clients, insurance carriers, regulatory agencies, and vendors. · Ability to travel. · Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel objects, tools, or controls; and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is regularly required to be mobile and the employee occasionally travels both short and long distances via a variety of conveyances. The employee occasionally performs work, office locations, and/or off-site venues. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. · Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee regularly works in an office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee may occasionally work at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws.

Requirements

Bachelor of Art or Bachelor of Science degree in Insurance, Risk Management, Liberal Arts, Business, Management, Finance or related fields from an accredited college/university
8-10- years’ experience as an Insurance Underwriter with concentration on the Casualty lines of business and large accounts loss sensitive program development and 3 years commercial insurance experience with exposure to large accounts and loss sensitive programs; Experience in reinsurance placement and negotiations or an equivalent combination of education, training, and/or experience.
Broker's license required.
Experience in the rating and analysis of pro rata and excess of loss business
Knowledge of Insurance Policies and/or Reinsurance contracts and associated market practices
Microsoft Office suite of programs and typical brokerage or RMIS systems
Math aptitude and outstanding PC skills
Excellent understanding of Insurance and Reinsurance markets, placement structures and underwriting approaches
Motivated self-starter able to work with minimal supervision, set daily priorities and juggle multiple clients or tasks.
Excellent organizational skills and attention to detail.
Ability to work in a fast-paced dynamic environment.
Strong written and oral communication skills.
Excellent interpersonal skills with ability to work with staff at all levels as well as clients, insurance carriers, regulatory agencies, and vendors.
Ability to travel.

Nice To Haves

CPCU, ARM, ARe, CPCU or similar insurance designation preferred.

Responsibilities

Review terms and conditions of new and renewal accounts by collecting, reviewing, and analyzing account information in conjunction with proper risk assessment in line with risk appetite
Develop and demonstrate specific line of business knowledge and expertise. Continually monitor L.O.B. trends and opportunities.
Pro-actively market to appropriate carriers, wholesalers and cedants, participate in customer account renewal meetings and underwriting audits; and provide top quality customer service.
Develop internal pricing and modeling tools to establish appropriate pricing options on accounts in various structures and lines of business
Negotiate competently with carriers and clients, providing constructive feedback and offering alternative risk solutions when needed
Make presentations to senior management on larger accounts articulating thought processes in a clear and cohesive manner
Execute strategic growth plans aligned with premium and profitability objectives, as well as service excellence
Effectively communicate with Account Management, Actuarial, Claims, Legal, and Accounting on issues that involve pricing, contract wording, premium & loss bookings and claims, to ensure profitability of accounts and compliance with corporate guidelines.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume