Job title: Associate Broker - P&C
Job type: Permanent
Emp type: Full-time
Industry: Insurance
Functional Expertise: Underwriting Assistant
Location: Irvine, CA
Job published: 08/16/2024
Job ID: 117598

Job Description

Associate Broker – P&C

 

Job Summary

An established agency is seeking a skilled Associate Broker to join their team. This position is responsible for managing property and casualty excess and surplus (E&S) renewal placements while working closely with retail agents to ensure smooth and efficient handling of accounts. This role involves reviewing submissions, marketing accounts to E&S carriers, and presenting quotes to retail agents. The ideal candidate will have 3-7 years of experience in the wholesale insurance space and a solid understanding of P&C coverage in the excess markets.

 

Responsibilities

  • Review incoming submissions from retail agents for renewal accounts, ensuring completeness and accuracy.
  • Actively market renewal accounts to excess and surplus (E&S) carriers, leveraging industry relationships and knowledge to obtain competitive quotes.
  • Prepare and present quotes to retail agents, providing clear and comprehensive information on coverage options and pricing.
  • Submit bind requests in a timely manner, coordinating with carriers and ensuring all necessary documentation is completed.
  • Send binders to retail agents, ensuring that all policy details are accurately communicated and documented.
  • Manage a renewal book of business, handling the marketing and quoting process for various lines of property and casualty coverage in the excess markets.

 

Qualifications/Requirements

  • 3+ years of experience in the wholesale insurance space, with a strong background in property and casualty coverage, particularly within the excess markets - is preferred.
  • Prior experience working in a wholesale insurance environment is required.
  • In-depth understanding of E&S markets and the renewal placement process.
  • Excellent communication skills, both written and verbal, with the ability to present information clearly and persuasively to retail agents.
  • Strong attention to detail with the ability to review and process submissions accurately.
  • Familiarity with industry software and tools used for submission, quoting, and account management.
  • Holds an active Property and Casualty (P&C) Insurance License.

 

Compensation Package

  • Excellent opportunities for professional growth and advancement.
  • Competitive compensation: Between $55k-$85k (based on experience).
  • Paid time off and company holidays.
  • Comprehensive benefits package, including health, dental, vision, 401(k), and more.
  • Remote work schedule available.

 

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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