Job Description
Wholesale Producer/Broker
Job Summary
Seeking a motivated and dynamic Wholesale Producer/Broker to cultivate strong relationships with retail agents, deliver exceptional customer service, and drive business growth. This role involves matching clients' diverse needs with customized insurance products and requires a strategic, results-oriented approach.
Responsibilities
- Build and maintain strong relationships with retail agents and other stakeholders.
- Develop new business opportunities and grow the book of business through effective marketing and prospecting.
- Negotiate pricing and terms with insurance carriers to secure the best coverage options for clients.
- Identify and assess client risks to provide expert guidance on coverage options.
- Act as a liaison between retail agents and insurance carriers, ensuring seamless communication and efficient processes.
- Prepare and deliver proposals, presentations, and related documentation.
- Stay updated on insurance industry trends, products, and regulations to provide informed advice and remain competitive in the marketplace.
- Collaborate with internal teams, including underwriters and account managers, to ensure exceptional client service.
- Monitor and manage client accounts to ensure accuracy, compliance, and satisfaction.
Qualifications/Requirements
- Proven experience in a similar role as a Wholesale Broker or Producer.
- Active and in-good-standing brokerage license, as per regulatory requirements.
- Strong understanding of the insurance industry, marketplace, and various coverage lines.
- Excellent relationship-building and communication skills.
- Ability to work in a fast-paced environment while managing multiple accounts and deadlines.
- Self-motivated, with a demonstrated ability to meet or exceed sales targets.
- Proficiency in industry-specific software tools and CRM platforms.
- Bachelor’s degree in Business, Finance, or a related field (preferred but not required).
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
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