Specialty Broker jobs in United States
cer-icon
Apply on Employer Site
company-logo

Brown & Brown · 21 hours ago

Specialty Broker

Brown & Brown is a company built on meritocracy that rewards self-starters committed to customer satisfaction. The Specialty Broker role involves designing and implementing complex insurance programs, conducting strategic planning with clients, and providing consulting and advice as the Engagement Leader or Executive responsible for accounts.

Insurance

Responsibilities

Develops knowledge of a client’s business and industry and their specific risk profile though their business model, asset portfolio, product and cash flow, loss history, etc. Identifies the client’s exposure to loss and the means to address them; predominately through insurance risk transfer. Identifies tolerance to risk retention and service needs and protocols
Collaborates in the development of a marketing plan to include creation of insurance specifications, time lines and complete market selections
Negotiates with underwriters on behalf of our clients to develop the best program
Creates insurance proposal to compare competitive insurance program options and recommend the best program for our clients
Links risk identification, risk funding and service techniques to develop alternative program design strategies
Monitors the risk transfer process: binder issuance, policy issuance reviews, service delivery, etc., for accuracy and timeliness
Accurately completes the Renewal Information Request
Develops and maintains relationships with underwriters and other service providers. Keeps abreast of changing market conditions and innovations
Develops and maintains client service plans, manages mid-term changes and assists in Stewardship reviews
Promptly and accurately responds to client requests. If responsibilities are delegated, follows through to ensure client received timely response
Provides leadership to others on team and at company. Typically responsible for managing the work of others on the account
Provide performance related feedback to others and assist them with their professional development
Participates in identifying new business opportunities

Qualification

Insurance expertiseClient relationship managementRisk managementNegotiation skillsCommunication skillsAttention to detailPC skillsTeam collaborationTime managementLeadershipProblem-solvingAdaptability

Required

Develops knowledge of a client's business and industry and their specific risk profile though their business model, asset portfolio, product and cash flow, loss history, etc
Identifies the client's exposure to loss and the means to address them; predominately through insurance risk transfer
Identifies tolerance to risk retention and service needs and protocols
Collaborates in the development of a marketing plan to include creation of insurance specifications, time lines and complete market selections
Negotiates with underwriters on behalf of our clients to develop the best program
Creates insurance proposal to compare competitive insurance program options and recommend the best program for our clients
Links risk identification, risk funding and service techniques to develop alternative program design strategies
Monitors the risk transfer process: binder issuance, policy issuance reviews, service delivery, etc., for accuracy and timeliness
Accurately completes the Renewal Information Request
Develops and maintains relationships with underwriters and other service providers
Keeps abreast of changing market conditions and innovations
Develops and maintains client service plans, manages mid-term changes and assists in Stewardship reviews
Promptly and accurately responds to client requests
Provides leadership to others on team and at company
Typically responsible for managing the work of others on the account
Provide performance related feedback to others and assist them with their professional development
Participates in identifying new business opportunities
Able to demonstrate an expert level of knowledge with all assigned products, insurance coverages, services, policies, pricing, placement of coverage, regulations and benefits of each as well as the Brown & Brown philosophy regarding these products and services
Expertise in the insurance industry with a demonstrated ability to explain Brown & Brown capabilities relative to our competitors
Strong oral and written communication skills including the ability to connect with an audience and speak persuasively and succinctly
Demonstrates good listening skills to enhance understanding and probes effectively
Strong attention to detail
Strong time management skills and the ability to evaluate and prioritize multiple projects/tasks to maximize the number of internal and external clients that can be assisted while maintaining a high level of customer service
Works in a collaborative, team-oriented manner, fostering empowerment and ownership for service quality
Develops and maintains a working knowledge of Brown & Brown systems
Understands client profitability through an understanding of income, expenses and time utilized related to specific client needs
Good keyboard and PC skills using word processing and spreadsheet software, familiarity with various software applications and the ability to learn new software systems
Ability to work in a team environment that is constantly changing
10 or more years of experience in the industry and licensed as a Producer of Property and Casualty in applicable state
Participates in continuing education in order to maintain the appropriate level of credentials
This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle
If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable

Benefits

Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Company

Brown & Brown

company-logo
Brown & Brown delivers risk management solutions to help protect and preserve what our customers value most.

Funding

Current Stage
Late Stage

Leadership Team

leader-logo
Joel Eubank
COO/CFO Dealer Services
linkedin
leader-logo
Kadir Edghill , CPA, MBA
CFO - Arrowhead Programs Division
linkedin
Company data provided by crunchbase