Associate Broker

Bridge Specialty Group; Morristown (NJ); On-site; USD 60,000 - 65,000; Full time

Benefits offered by this job

Health Benefits

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health Services

Paid Time Off

Job summary

Bridge Specialty Group in Morristown, NJ seeks an Assistant Broker to review new and renewal E&S risks, determine acceptability, and broker to viable carriers. The role emphasizes brokering experience with E&S markets and potential binding authority usage.

The position requires 1–2 years in a similar role, strong MS Office skills, and a preferred P&C license or related degree. Competitive pay and robust benefits accompany the role.

Qualifications

• 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).

Responsibilities

• Completes and files documentation required for risk acceptance determination.
• Collaborates with Broker with regard to unusual coverage.
• Determines amount of insurance in force on single risk or group of closely related risks.
• Verifies appropriate filings in accordance with applicable regulations.
• Maintains knowledge of all markets available to maximize opportunities to negotiate placements.
• Verify complete and proper coding.
• Compliance with Quality Control guidelines.

Skills

MS Office

Telephone demeanor

Confidentiality

1-2 years experience

Insurance/accounting degree (Preferred

Education

Associate or bachelor’s degree in insurance or accounting (Preferred)

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.

Bridge Specialty Group is seeking an Assistant Broker to join our growing team in Morristown, NJ.

The Assistant Broker is responsible for 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’s 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. This position will primarily utilize brokering to an end; however, may occasionally utilize the binding authority process.

How You Will Contribute

• Completes and files documentation required for risk acceptance determination.
• Collaborates with Broker with regard to unusual coverage.
• 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.
• Verify complete and proper coding.
• Compliance with Quality Control guidelines.

Licenses & Certifications

• P&C license (Preferred)

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)

About Us

Bridge Specialty Group creates a more seamless way to connect the varying needs of our retail partners with the market clout and talents of our wholesale entities. Our more than 25 niche-focused brands reflect our deep experience and specialization in construction, general casualty, environmental liability, professional liability, health care, public entity, workers’ comp, property and personal lines.

With more than 50 locations and more than 2,000 team members throughout the United States and Europe, Bridge has access to more than 200 standard and excess & surplus lines carriers that support our $7+ billion premium book.

Our focus is on bringing the power of collective size and specialty to the wholesale brokerage marketplace. Bridge Specialty Group – aligning risk with greater reach.

Pay Range

28.84 - 31.25 Hourly

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

• 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.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

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”.