Associate Broker - Commercial lines

Johnson & Johnson, Inc.; Mount Pleasant (SC); On-site; USD 40,000 - 60,000; Full time

Job summary

A leading insurance brokerage firm in South Carolina is seeking a motivated individual for a role assisting the Brokerage Team with account maintenance and underwriting tasks. The ideal candidate should possess strong analytical abilities, have excellent communication skills, and demonstrate innovative thinking to meet growth targets. Experience in Brokerage or relevant education is essential, along with the capacity to manage various responsibilities in a dynamic environment.

Qualifications

• 1 year or less of experience with relevant degree or 2+ years of experience in Brokerage or P&C Underwriting.
• Knowledge of underwriting principles and policy forms.

Responsibilities

• Accepts, rejects, or modifies new and renewal business.
• Markets company products to achieve growth targets.
• Develops relationships with agents and communicates changes.
• Promotes the company's image in networking settings.
• Achieve premium and income goals quarterly.

Skills

Ability to maintain confidentiality

Capacity to analyze information

Proficiency in on-line reference manuals

Knowledge of underwriting principles

Knowledge of policy forms

Ability to recognize exposure to loss

Innovative and creative

Research skills

Attention to detail

MS Word & Excel experience

Excellent oral and written communication skills

Exceptional interpersonal skills

Interest in selling products

Education

RMI degree, CPCU, RPLU, CIW, CIC, or graduate degree

2+ years of related experience

Job description

Assist the Brokerage Team in account maintenance as well as various underwriting tasks as assigned. Analyzes account-specific information (including but not limited to loss information, financials, loss control reports, prior carrier information and targeted terms) and prepares risk for referral to Brokers.

Job Responsibilities

• Within given authority levels and company guidelines, accepts, rejects, or modifies new and renewal business for the commercial lines Brokerage department with guidance from the Brokers and Manager.
• Markets Company products through agent contacts to achieve departmental growth and profitability targets.
• Develops on-going relationships with agents, meets service standards established for new and renewal business, and keeps agent up to date with market and/or product changes.
• May communicate policy term changes as directed by Brokers and/or Companies. May recommend constraints on business an agent may submit or recommend that an agent be suspended.
• Promotes public image of the Company by actively participating in industry related groups and by networking within the insurance community to keep abreast of changes in the industry.
• Achieve written premium and income goals set by management on a quarterly basis.
• Comprehend and maintain underwriting manuals for all companies represented.
• Travel as deemed necessary by the Manager, to both agencies & company conventions.
• Comfortable discussing team goals and actively participating in achieving these goals.
• Adhere to company-wide minimum service standards.
• Knowledge of the independent agency system and economics - assess the capacity of market, territory, and individual agencies to identify and act on growth opportunities.
• Demonstrate accountability for the assigned territory by being innovative and identifying and implementing opportunities for improvement in results.
• Other duties as assigned.

Education and Work Experience

• 1 year of experience or less and:
• an RMI degree or CPCU, or RPLU, or CIW or CIC, or a graduate degree
• or 2 plus years of directly related experience in Brokerage or P&C Underwriting

Knowledge Skills & Abilities

• Ability to maintain confidentiality
• Capacity to analyze information and mathematical aptitude
• Proficiency in on-line reference manuals
• Knowledge of underwriting principles
• Knowledge of policy forms
• Ability to recognize exposure to loss
• Must be innovative and creative
• Research skills, attention to detail, and coordination
• Ability to multi-task, prioritize, make quick decisions and be flexible in a fast-paced environment
• MS Word & Excel experience required
• Excellent oral and written communication skills
• Exceptional interpersonal skills
• Interest in selling products and services based on customer needs
• Ability to clearly and effectively present (both written and verbal) to external business partners, management, and internal business partners.
• Exhibits a professional appearance when representing the organization during agency visits or business meetings.