Associate Broker

Brown & Brown; Morristown (NJ); On-site; USD 82,656,000 - 89,544,000; Full time

Benefits offered by this job

Health benefits

401(k)

Tuition reimbursement

Paid time off

Mental health & wellbeing

Job summary

Bridge Specialty Group is seeking an Assistant Broker to join our Morristown, NJ team. The role focuses on reviewing new and renewal E&S risks across lines of business, evaluating acceptability, and brokering to viable carriers.

Requires knowledge of the E&S market and potential use of binding authority. The candidate should have 1-2 years in a similar role, with an insurance or accounting related degree preferred and a P&C license.

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.
• 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.

Skills

MS Office Suite

Exceptional telephone demeanor

Confidentiality

1-2 years experience

Education

Associate or bachelor’s degree in insurance or accounting related discipline

P&C license (Preferred)

Tools

MS Office

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 a n 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

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".