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NFP, an Aon company · 3 days ago

Associate Broker

St Johnsbury, VT

Full-time

Onsite

New Grad, Entry Level

$60K/yr - $65K/yr

NFP, an Aon company, is a recognized leader in Business Insurance, committed to providing innovative solutions to clients. The Associate Broker role involves supporting the broking team by analyzing client risk profiles, negotiating with insurance carriers, and developing customized risk solutions to enhance client relationships and drive revenue growth.

ConsultingFinancial ServicesInsuranceInsurTechWealth Management

Responsibilities

Participate in the analysis of clients’ or prospects’ existing programs and ensure requirements. Review current policies and formulate recommendations for customized risk solutions

Effectively negotiate with insurance carriers; drives financial and non-financial outcomes that support organic revenue development and retention. Seize upon opportunities to creatively upsell and cross-sell, leading to greater client product density and expanded account margin

Ensure placements are handled according to NFP’s service model standards and timelines

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

Assist in timely production of required documentation and follow-up, ensuring timely flow of materials

Assist team members with proposal development for existing and prospective clients

Respond to client queries and concerns to resolve issues promptly

Review binders and policies to ensure terms and conditions are accurately reflected

Attend client meetings with team; leading to refined and enhanced client communication and presentation skills

Present to local account executives, participate in RFPs, occasional client meetings and conference calls

Support the deployment of data and analytics to provide program insights for clients and the broking team

Develop productive business relationships with key insurance underwriters and local NFP account teams

Cultivate a thorough understanding of markets to better assist the broking team

Execute on NFP’s broking strategies, including strategic carriers, panels, and preferred wholesaler utilization

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 in a complete, organized and timely fashion

Qualification

P&C LicenseInsurance market knowledgeNegotiation skillsMicrosoft Office SuiteEpic experienceAnalytical skillsWritten communicationVerbal communicationTeamworkAttention to detailOrganizational skills