The Demarco Group · 8 hours ago
Associate Broker
The Demarco Group is a top wholesale broker operation in the country, seeking a licensed Executive Lines remote SR Inside Broker/AE. This role involves managing a broker’s book of business, providing technical expertise, and ensuring client satisfaction through effective communication and account management.
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Responsibilities
Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty
Demonstrates knowledge of Executive Lines coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required
Analyzes risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers
Determines suitable insurance markets for quote requests, secures quotes, and manages the placement process according to broker and market agreements
Analyzes and negotiates optimal quotes terms for coverage and pricing and explains quote details to brokers to facilitate binding decisions
Partners with retail agencies and brokerage, acting as a key liaison between insurance markets and retail brokers and addressing their needs
Ensures meticulous account management by attaching and maintaining all necessary documents for the appropriate policy and account
Qualification
Required
Licensed Executive Lines remote SR Inside Broker/AE
Deep knowledge of initial risk assessments
High level technical expertise in D&O, crime, fiduciary, EPL, cyber, and E&O
Ability to manage a broker's book of business in-house
Experience in providing customer service and resolving client inquiries
Ability to process routine and complex transactions accurately
Knowledge of Executive Lines coverages
Ability to evaluate submissions from retail insurance brokers
Skill in analyzing risk exposures and coverage needs
Ability to determine suitable insurance markets for quote requests
Experience in securing quotes and managing the placement process
Skill in analyzing and negotiating optimal quotes terms for coverage and pricing
Ability to explain quote details to brokers
Experience in partnering with retail agencies and brokerage
Ability to act as a key liaison between insurance markets and retail brokers
Skill in ensuring meticulous account management