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Foundation Risk Partners · 19 hours ago

Insurance Coverage Specialist

Ormond Beach, FL

Full-time

Hybrid

Senior Level

5+ years exp

Foundation Risk Partners is one of the fastest growing insurance brokerage and consulting firms in the US, and they are seeking a Coverage Specialist to join their Foundation Risk Partners of FL team. The Coverage Specialist will analyze risk exposure and provide insurance solutions while collaborating with Producers and Account Managers to develop marketing strategies and manage commercial lines accounts.

InsuranceRisk Management

Responsibilities

Collaborate with Producer and Account Manager in developing the marketing strategy and preparation of commercial insurance submissions, including but not limited to, analyzing applications, loss runs, and supplemental underwriting information

Submit new and renewal commercial lines accounts to carrier and broker partners leveraging strong marketing and negotiation skills to optimize client outcomes

Strong knowledge of the capabilities and appetite of carrier and broker partners and familiarity with rating systems

Prepare Loss Summaries and Market Summaries

Compare coverages, terms and conditions and prepare presentation of recommended solutions

Bind coverage in compliance with subjectivities as required by the carrier, state statute and/or Surplus Lines Association

Maintain agency management system ensuring all data is accurate, complete, well documented, and up to date in accordance with company policy

Build strong working relationships with internal team, clients and carrier partners

Exercise high level of confidentiality

Qualification

Insurance agency management software2-20 Property & Casualty LicenseAdvanced Microsoft Office SuiteAnalytical skillsNegotiation skillsMulti-taskingProfessional DesignationProblem solvingOrganizational skillsTime managementConfidentiality

Required

2-20 Property & Casualty License

College degree or equivalent work experience

5+ years' experience in designated field

Professional Designation such as CPCU, CIC, ARM, AAI or ability to obtain

Maintain a high degree of technical competence and industry expertise

Strong analytical, problem solving and decision making skills

Exceptional multi-tasking, organizational, time management, and prioritization skills

Advanced level proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, etc.) and Adobe Pro with strong technical/computer ability including knowledge of SharePoint Online and Office 365

Proficient in insurance agency management software (EPIC)

Ability to analyze and evaluate results to choose the best solutions and solve problems on complex issues

Ability to handle stress of short time constraints and manage change