USD 50,000 – 55,000 / year

LocalEdge a company of Bridge Specialty Group is hiring a Brokerage Placement Analyst

Responsibilities

  • Review and evaluate Property and Casualty submissions for acceptability, ensuring alignment with multiple company guidelines, including admitted and non-admitted markets.
  • Negotiate with precision coverage terms and requirements.
  • Provide timely issuance of quotes and bind policies effectively.
  • Gather and maintain meticulous, organized, and complete underwriting files.
  • Assess risks within established authority.
  • Ensure compliance with carrier guidelines, state regulations, and surplus lines requirements.
  • Cultivate strong connections with agents, internal teams, carriers, and external partners.
  • Achieve team / individual production goals through developing a profitable book of business and strategically growing both policies in force and premium.
  • Research agency, carrier, and market data for informed decision making.
  • Collaborate with agents, internal teams, and carriers to identify profitable growth avenues.
  • Participate in projects and committees within the business unit.
  • Identify and recommend process improvements.
  • Address inquiries within established service level standards and exhibit underwriting expertise.
  • Educate agencies on carrier and products available in your area of expertise and guide agents beyond your focus area, referring opportunities as needed.
  • May perform other responsibilities as assigned.

Requirements

  • P&C License and Surplus Lines License in resident state required within 45 days.
  • Understanding of brokerage placement programs and techniques.
  • Acquires and maintains an understanding and adheres to state specific statutes involving underwriting, applicable insurance laws and regulations.
  • Ability to identify, evaluate, analyze, and recommend solutions to insurance needs.
  • Verbal and written communication skills to interact, influence and negotiate with internal/external business partners.

Nice to Have

  • CIC, CPCU or pursuit of technical insurance coursework preferred.
  • Undergraduate studies in business administration or related field of study; degree preferred.
  • Two years of related insurance experience preferred.
  • Will consider undergraduate degree in lieu of experience.

Compensation

Pay Range 50000 - 55000 Annual

Additional Information

  • Enrollment waiting periods or eligibility criteria may apply to certain benefits.
  • Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
Required Skills
Financial AnalysisExcelPowerPointCommunicationAttention to detailProblem SolvingTime ManagementClient Relationship Management
About company
LocalEdge a company of Bridge Specialty Group
LocalEdge is a company within Bridge Specialty Group that specializes in property and casualty insurance brokerage and placement services.
All jobs at LocalEdge a company of Bridge Specialty Group Visit website
Job Details
Category other
Posted 10 months ago