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Associate Broker

Bridge Specialty Group

Horsham (PA)

On-site

USD 40,000 - 80,000

Full time

30+ days ago

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Job summary

An established industry player is seeking 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 ideal candidate will have a solid understanding of the E&S insurance industry and possess strong skills in documentation and compliance. With a commitment to fostering a diverse and inclusive work environment, this innovative firm offers comprehensive health and financial benefits, ensuring the well-being of its employees. If you are a self-starter looking to make a significant impact in the insurance sector, this opportunity is perfect for you.

Benefits

Health Benefits: Medical/Rx, Dental, Vision
Life Insurance
Disability Insurance
401k
Tuition Reimbursement
Paid Time Off
Holidays
Preferred Partner Discounts

Qualifications

  • 1-2 years' experience in a similar position is preferred.
  • Proficient with MS Office Suite and confidentiality maintenance.

Responsibilities

  • Review new and renewal applications for E&S risks.
  • Collaborate with brokers on unusual coverages.
  • Complete documentation for risk acceptance.

Skills

MS Office Suite
Confidentiality
E&S insurance industry knowledge

Education

Associate or 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 amount of insurance in force on 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.
  • Compliance with Quality Control guidelines.
  • Performs other duties as assigned.
Licenses and Certifications:
  • Working towards or holds valid P&C license.
Skills & Experience to Be Successful
  • Proficient with MS Office Suite
  • 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)

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”.

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