Associate Broker, Wholesale Insurance jobs in United States
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Ryan Specialty · 17 hours ago

Associate Broker, Wholesale Insurance

Ryan Specialty is a company focused on delivering quality brokerage services. The Associate Broker is responsible for ensuring efficient client service and quality control in brokerage, while actively pursuing new business opportunities and developing professional skills.

Financial ServicesInsuranceRisk Management
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Comp. & Benefits

Responsibilities

Ensures quality control across all files, meticulously scrutinizing active and expired policies, endorsements, and documentation for accuracy, timeliness, and adherence to policies
Drafts error free submissions to communicate coverage terms with underwriters under the guidance of the broker, weaving together technical insurance jargon with clear and concise client-friendly language
Reviews, analyzes, and underwrites risks, rates submissions for premium and terms and analyzes exposures for quotes for new and renewal business. Issues quotes and binders, processes new business to grow revenues and maintain retention and profitability
Delivers customer service during the marketing of new and renewal business to underwriters and clients
Possesses understanding of market dynamics and confidently negotiates pricing and coverage terms with underwriters, consistently securing favorable outcomes for clients
Communicates corrections and clarifications in all policy documents to clients and underwriters, ensuring transparency with all stakeholders
Forges collaborative relationships with clients, agents, and internal teams, encouraging open communication and a culture of trust that results in increased revenues and increased policy retention
Develops a robust network of industry contacts, fostering mutually beneficial relationships that contribute to consistent sales pipeline growth
Demonstrates a commitment to ongoing professional development by diligently completing assigned educational courses, professional designations, and licensing programs

Qualification

Property & Casualty licenseWholesale brokerage experienceCommercial insurance coveragesCPCU certificationCISR certificationCustomer serviceNetworking skillsTeam-orientedNegotiation skillsCommunication skills

Required

Bachelor's degree required in Business Administration, Sales, or Risk Management
Must possess active Property & Casualty license to be considered
Ability to work in a fast paced, team oriented, sales environment on a high performing team
Aspiration to become a full Insurance Broker within 2-3 years

Preferred

1-3 years of work experience in Wholesale brokerage, Commercial insurance coverages, Sales or Underwriting
Chartered Property Casualty Underwriter (CPCU)
Certified Insurance Service Representative (CISR)

Benefits

Paid time off for company holidays
Vacation
Sick and personal days
Paid parental leave
Mental health services

Company

Ryan Specialty

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Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers.

Funding

Current Stage
Late Stage

Leadership Team

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Katie Davies
CEO of JEM Specialty Underwriters, Technical Risk Underwriters and Per SE (Power.Energy.Risk)
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Jeremiah Bickham
Executive Vice President, Chief Financial Officer
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Company data provided by crunchbase