Job Description
Placement Specialist – Commercial Lines 70k-80k base salary
Location: Nutley, NJ (Hybrid – 3 days in office / 2 remote after 90-day training period)
Type: Full-time
About the Role:
We are an independent insurance brokerage located in Nutley, NJ, seeking a detail-oriented and experienced Placement Specialist to join our Commercial Lines team. This hybrid role is ideal for a licensed insurance professional who enjoys working closely with producers and underwriters to market and place both new and renewal business effectively. After a 90-day in-office training period, a hybrid schedule of 3 days in-office and 2 remote days per week will be implemented.
Responsibilities:
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Receive and review new business and renewal submissions for marketing
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Collaborate with Producers and internal teams to identify client insurance needs
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Rate standard market submissions using carrier websites
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Submit to excess/surplus lines markets when needed
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Communicate with carrier underwriters to ensure proper quoting of coverage
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Follow up on pending quotes and gather additional information when necessary
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Analyze and compare quotes across multiple carriers for best fit
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Verify quote accuracy and coverage alignment with client needs
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Present quote options to Producers for review with prospects
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Bind coverages and review binders for accuracy
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Enter new clients and policy information into AMS360
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Assist with additional placement-related duties as assigned
Requirements:
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Active New Jersey Property & Casualty License (Required)
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Minimum of 3 years’ experience in Commercial Lines insurance marketing
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In-depth knowledge of Commercial Lines coverages and carrier appetites
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Familiarity with carrier rating platforms and underwriting guidelines
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Experience with AMS360 and ImageRight is highly preferred
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Strong Excel and Microsoft Office skills
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Detail-oriented with strong organizational and multitasking abilities
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Ability to work independently, prioritize tasks, and think critically