Associate Broker

Brown & Brown; Horsham (PA); On-site; USD 40,000 - 80,000; Full time

Job summary

An established industry player is looking for an Associate Broker to join their dynamic team in Horsham, PA. This role involves evaluating complex Excess & Surplus risks and collaborating with brokers to secure coverage from viable carriers. The company fosters a culture of meritocracy, rewarding self-starters and those committed to customer satisfaction. With a focus on total well-being, employees enjoy comprehensive health benefits, financial incentives, and a supportive work environment. If you are driven, detail-oriented, and ready to make an impact in the insurance industry, this opportunity is for you.

Benefits

Health Benefits

401k

Tuition Reimbursement

Paid Time Off

Holidays

Preferred Partner Discounts

Qualifications

• 1-2 years of experience in a similar position.
• Working towards or holds a valid P&C license.

Responsibilities

• Review new and renewal applications for Excess & Surplus risks.
• Collaborate with brokers and ensure compliance with guidelines.
• Maintain knowledge of markets for negotiating placements.

Skills

MS Office Suite

Telephone Communication

Confidentiality

Education

Associate Degree in Insurance or Accounting

Bachelor's Degree in Insurance or Accounting

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We are seeking an Associate Broker to join our growing team in Horsham, PA.

The primary responsibilities of this position include reviewing new and renewal applications to evaluate difficult and/or complex Excess & Surplus (E&S) risks in various lines of business to determine acceptability or declination of coverage requested and brokering said risks to viable carriers for coverage. Brokers are required to have experience and a full understanding of the E&S insurance industry.

How You Will Contribute

• Completes and files documentation required for risk acceptance determination.
• Collaborates with Broker regarding unusual coverages.
• Determines the amount of insurance in force on a single risk or group of closely related risks.
• Confirms appropriate filings in accordance with applicable regulations.
• Maintains knowledge of all markets available to maximize opportunities to negotiate placements.
• Verifies complete and proper coding.
• Ensures compliance with Quality Control guidelines.
• Performs other duties as assigned.

Licenses and Certifications:

• Working towards or holds a valid P&C license.

Skills & Experience to Be Successful

• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.
• 1 – 2 years' experience in a similar position.
• Associate or bachelor’s degree in an insurance or accounting-related discipline (preferred).

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts, and more.

Not reflective of all benefits. 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.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.