Associate Broker

The Demarco Group; United States; Remote; USD 80,000 - 150,000; Full time

Job summary

The Demarco Group is seeking a licensed Professional Liability remote SR Inside Broker/AE for a leading wholesale broker operation. This role involves risk assessment, client communication, and managing a broker’s book of business, offering a competitive salary and potential quarterly bonuses.

Benefits

Medical insurance

Pension plan

Disability insurance

Student loan assistance

Tuition assistance

Paid paternity leave

Paid maternity leave

401(k)

Vision insurance

Qualifications

• Experience in D&O, E&O and Cyber insurance.
• Mid-Senior level required.
• Full-time employment.

Responsibilities

• Collaborates with brokers to ensure client satisfaction and loyalty.
• Analyzes risk exposures and coverage needs from submissions.
• Manages the placement process according to broker agreements.

Skills

Customer service

Communication

Risk assessment

Negotiation

Job description

This range is provided by The Demarco Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$80,000.00/yr - $150,000.00/yr

Additional compensation types

Annual Bonus

Fully Remote- Seeking a licensed Professional Liability remote SR Inside Broker/AE for a top wholesale broker operation in the country.

Need D&O, E&O and Cyber experience. (This role will receive quarterly bonuses)

The Inside Broker/AE is responsible for assisting the Broker in developing, managing, and sustaining profitable business by providing high level technical expertise. The role is responsible for managing a broker’s book of business in-house using deep knowledge of initial risk assessments to secure the best coverage and place it smoothly in the right market. They provide customer service, resolve client inquiries through efficient communication, and process routine and complex transactions accurately.

Job Responsibilities:

• Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.

• Demonstrates knowledge of Executive Lines coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.

• Analyzes risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers.

• Determines suitable insurance markets for quote requests, secures quotes, and manages the placement process according to broker and market agreements.

• Analyzes and negotiates optimal quotes terms for coverage and pricing and explains quote details to brokers to facilitate binding decisions.

• Partners with retail agencies and brokerage, acting as a key liaison between insurance markets and retail brokers and addressing their needs.

• Ensures meticulous account management by attaching and maintaining all necessary documents for the appropriate policy and account.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Customer Service and Marketing

• Industries

  Insurance and Insurance Agencies and Brokerages

Referrals increase your chances of interviewing at The Demarco Group by 2x

Inferred from the description for this job

Medical insurance

Pension plan

Disability insurance

Student loan assistance

Tuition assistance

Paid paternity leave

Paid maternity leave

401(k)

Vision insurance

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