Associate Producer/Broker

USG Insurance Services, Inc.; Minneapolis (MN); Hybrid; USD 45,000 - 75,000; Full time

Job summary

An established industry player seeks a dynamic Producer/Broker to join their team. This role offers the chance to build your own book of business while receiving mentorship from experienced professionals. You'll engage with retail insurance agents, develop relationships with targeted carriers, and enhance your skills in a supportive environment. The company is committed to fostering a diverse and collaborative culture, ensuring that every team member feels valued and empowered. If you're passionate about the insurance industry and eager to grow your career, this opportunity is perfect for you, offering flexibility and a vibrant community focused on your success.

Benefits

Company-paid Short-Term Disability

401K Retirement Plan

Tuition Reimbursement

Flexible Spending Account

Outstanding Company Holiday Schedule

Generous Paid Time Off Package

Access to 24/7 Virtual Training

Producer Savings Bonus Plan

In-person Training Week

Medical, Dental, Vision, and Life Benefits

Qualifications

• Knowledge of property and casualty insurance coverages and terminology.
• Sales driven individual with strong relationship-building skills.

Responsibilities

• Maintain underwriting files and understand policy reviews.
• Solicit new business and establish relationships within a territory.

Skills

Property and Casualty Insurance Knowledge

Sales Skills

Relationship Building

Business Writing

Problem/Situation Analysis

Technical Proficiency (Word, Excel, PowerPoint)

Communication Strategies

Self-Motivation

Education

P&C License

E&S Licenses

2-3 Years Experience in Production Assistant Role

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Adobe Reader

Outlook

Job description

Location : Remote or hybrid, depending on your area

Compensation : Based on Experience

Offices : At USG, we empower our team members with the flexibility to opt for remote, hybrid, or fully in-office schedules. Presently, we operate nine physical branch locations across the United States:

• California: Irvine
• Florida: Tampa
• Louisiana: Covington
• Pennsylvania: Canonsburg
• Texas: Arlington and Houston

Who We Are:

Welcome to USG, a distinguished national wholesale broker and managing general agent (MGA) with a prominent presence across the nation. Our extensive network spans over 400 different markets and we proudly write business in all 50 states.

USG has consistently earned recognition for our excellence, being ranked as a 5-star MGA by Insurance Business of America for four consecutive years. Moreover, we take pride in our continuous acknowledgment as a Top Insurance Workplace over the past five years, as voted on by our current team members.

Understanding that a fulfilling culture is paramount in career satisfaction, we at USG prioritize fostering a collaborative and mentoring-focused environment. We recognize the pivotal role each team member plays in our success, emphasizing hands-on training to ensure everyone feels comfortable and confident in their role. At USG, we actively empower our team members to bring their authentic selves to the workplace, recognizing that fostering diversity is essential for a thriving, creative, and dynamic professional environment.

In today's rapidly evolving business landscape, embracing cutting-edge technology is not just a choice but a necessity for staying relevant in the marketplace. Our in-house IT development and support teams, located in Canonsburg, PA, expertly oversee and manage both our proprietary and third-party systems, ensuring our sales operations stay at the forefront of technological advancement.

Embark on your professional journey with USG, where it's more than just a job – it's a vibrant and supportive community committed to nurturing your success.

The Role Itself

This position is a Producer/Broker in development and will work as a member of an existing production team for mentorship and training, developing their own book of business for their own production team, when eligible. The candidate should have strong relationship-building skills to work with our targeted carriers, retail insurance agents, and develop a book of business.

Responsibilities include :

• Direct responsibilities include:
  • Maintain underwriting files including an understanding of policy reviews, inspection reviews, and endorsements.
  • Understand and be knowledgeable of markets and underwriting guidelines.
  • Solicit new business through various sales and marketing techniques and begin establishing relationships within a territory utilizing agency visits, telemarketing calls and cross selling.
• Train and mentor under a successful Producer/Broker to:
  • Work with retail insurance agents, to develop and submit business to target markets for placement.
  • Build relationships with our in house rating and brokerage markets.
  • Assess new business submissions and negotiate terms, by selecting the markets that can provide the most coverage at the best price.
  • Follow submissions through the process, to assure quotes are provided in a timely manner and negotiate with all parties involved to reach an acceptable price.
  • Coordinate and handle administrative workflows in conjunction with support team(s) to establish accurate and prompt response to service issues.

What We Are Looking For:

• Knowledge and experience of property and casualty insurance including: coverages, rating, terminology and technical procedures. P&C license / E&S licenses are preferred, but not required.
• Must be sales driven, “people person” who likes to establish new relationships while learning communication strategies and sales methods.
• Experienced in Word, Power Point, Excel, Outlook and Adobe Reader. Ability to quickly learn new programs and applications.
• Skilled in business writing and problem/situation analysis.
• Energetic, self-motivated individuals who are goal oriented and can thrive in a team environment.
• Strong desire to learn and develop new skills.
• 2-3 years of experience in a Production Assistant support role preferred.
• 1-3 years of experience with a wholesaler is preferred.
• Must have the desired career path to become a Producer/Broker within 1 to 2 years.

What USG has to offer:

• Company-paid benefits: Short-Term Disability, Long-Term Disability, Basic Life, AD&D, and Team member Assistance Program
• Medical, Dental, Vision, and Life
• 401K Retirement Plan
• Flexible Spending Account
• Tuition Reimbursement
• Producer Savings Bonus Plan
• A week of hands-on, in-person training to meet our corporate team
• Access to 24/7 virtual training through USG University
• Outstanding Company Holiday Schedule and Generous Paid Time Off Package
• Potential for exponential growth in the company

Join Us!

If you're excited about the wholesale industry and are ready to contribute your skills and passion to a dynamic team, USG Insurance Services is the perfect company for you. We're looking for individuals who share our entrepreneurial spirit and are eager to help us shape the future of wholesale insurance.

Visit https://www.usgins.com/index.aspx to learn more about our work, our team, and the opportunities we have available.

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