Associate Broker
Core
Associate Broker supporting senior brokers in wholesale specialty insurance distribution, ensuring file quality, securing optimal pricing with underwriters, and delivering client service.
Role type
Associate Broker (Wholesale Specialty Insurance)
Builds
Specialty insurance policies and coverage solutions for retail brokerage firms
Domain
Insurance / Risk Management
Required skills
Wholesale brokerage knowledge, Commercial insurance coverages, Sales, Underwriting, Risk analysis, Policy documentation, Client negotiation, State P&C and/or surplus line licensing
Preferred skills
Chartered Property Casualty Underwriter (CPCU), Certified Insurance Service Representative (CISR), Bachelor's degree in Business Administration/Sales/Risk Management, 1 year experience in Wholesale brokerage/Commercial insurance/Sales/Underwriting
Technologies
Insurance policy management systems, Underwriting platforms
Responsibilities
Scrutinize active and expired policies for accuracy and adherence to policies; Draft error-free submissions to communicate coverage terms with underwriters; Review, analyze, and underwrite risks and rates submissions for new and renewal business; Issue quotes and binders to grow revenues and maintain retention; Negotiate pricing and coverage terms with underwriters; Communicate corrections and clarifications in policy documents to clients and underwriters; Forge collaborative relationships with clients, agents, and internal teams; Develop a robust network of industry contacts; Complete assigned educational courses, professional designations, and licensing programs.