Wholesale Marine Insurance Broker

HUB InternationalRichmond, VA
$225,000 - $300,000Hybrid

About The Position

Specialty Program Group (SPG) is the wholesale & MGA division of HUB International. SPG acts in a holding company capacity acquiring best in class underwriting businesses to operate independently under discrete brands. As a Wholesale Marine Insurance Broker, you will solicit, develop, and maintain relationships with retail brokers/agencies to generate new revenue streams focused on Marine insurance products and services. This role is vital to the success and growth of International Special Risks. You will be supported by leadership and service teams to achieve a high level of growth, and you will be the cornerstone of our superior customer service, charged with ensuring client satisfaction. HUB International is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.

Requirements

  • Independent self-starter who is able to solicit and develop strong relationships with retail agencies.
  • Confident professional who is not afraid of opening new relationships and developing new business.
  • 3+ years of previous experience in sales and/or underwriting.
  • Property and casualty experience highly preferred.
  • Sales driven with the ability to develop, foster and maintain excellent working relationships.
  • Ability to understand client’s needs and have knowledge of the risk profiles associated.
  • Bachelor’s degree required.
  • Required to obtain the appropriate state licensing with 90 days of hire.
  • Ability to work under pressure and within deadlines.
  • 7-10 years of relevant experience.

Nice To Haves

  • Preference given to those with existing insurance licensure and/or industry designations.

Responsibilities

  • Solicit, develop and maintain relationships with retail brokers/agencies to generate new revenue streams focused on Marine insurance products and services.
  • Work with retail insurance agents to develop and submit business to target markets for placement.
  • Build relationships both internally and externally to increase revenue growth potential.
  • Solicit new business through various sales and marketing techniques such as networking, direct marketing, attending industry events and agency visits in order to establish relationships with retail brokers and agencies.
  • Solicit, market, bind, and confirm new and existing business.
  • Work with our carriers underwriting staff to negotiate the best terms and coverages available.
  • Retain business by maintaining solid relationships with retail brokers and agents as well as underwriters.

Benefits

  • health/dental/vision/life/disability insurance
  • FSA
  • HSA
  • 401(k) accounts
  • paid-time-off benefits such as holidays and sick time
  • eligible bonuses
  • equity
  • commissions
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