Broking Consultant

Insurancecenterinc; Winter Park (FL); On-site; USD 90,000 - 150,000; Full time

Job summary

World Insurance Associates seeks a seasoned Broking Consultant to advise clients on property and casualty coverage and to grow the company’s market share in commercial business. You will lead renewal, tender and prospecting with deep insurance knowledge and risk insight.

Ideal candidates have 8–10+ years in Commercial P&C, hold a P&C license, and demonstrate strong analytical, negotiating, and interpersonal skills.

Qualifications

• Must hold state Property & Casualty license.
• 8–10+ years in Commercial Property & Casualty.
• Strong project/process management and communication skills.
• Excellent interpersonal abilities and client-facing presence.

Responsibilities

• Provide broking services for all lines of Property & Casualty coverage.
• Lead renewal, tender and prospecting processes for clients.
• Advise on placement strategy with Client Advisor and service team.
• Analyze programs to determine optimum structure, pricing and terms.
• Develop innovative solutions for the Commercial Lines Practice.
• Build and maintain relationships with trading partners.
• Mentor Broking Associates and Specialists on the team.
• Collaborate with colleagues to execute corporate trading strategies.
• Utilize benchmarking and loss analysis to support retention and growth.

Skills

Project management

Communication skills

Interpersonal skills

Analytical thinking

Negotiation

Leadership mentorship

Influence peers

Education

High School Diploma or equivalent

Job description

Company Overview

World Insurance Associates (“World”) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions to improve their risk management outcomes, modernize their benefits programs, and help them achieve their long-term financial goals.

Founded in 2011, World is one of the fastest-growing, Top 25 insurance brokers in the U.S. with nearly 3,000 employees in more than 300 offices across North America and the U.K. World specializes in personal and commercial insurance, surety and fidelity bonding, employee and executive benefits, investment advisory and retirement plan services, and payroll & HR solutions.

Position Summary

The Broking Consultant is responsible for providing expert advice to clients, analyzing their insurance needs, and recommending suitable coverage options. This role is responsible for broking all lines of property & casualty insurance in an effort to increase the Company’s market share in commercial businesses and organizations through an in-depth knowledge of insurance risks and markets. Will also be responsible for leading the renewal, tender and prospecting processes

Primary Responsibilities

• Perform the services of a Property and Casualty Insurance Broker for all lines of coverage
• Advise and execute on the placement strategy of new and renewal P&C programs on behalf of existing and new clients in collaboration with the Client Advisor and service team.
• Execute coverage placement strategy within required timeframe.
• Analyze and review insurance programs for clients to determine optimum program including structure, pricing, terms and conditions for both new and renewal business.
• Help with the development of new and innovative solutions for the Commercial Lines Practice
• Develop, maintain, and expand strong, collaborative relationships with Trading Partners including direct insurance companies, intermediaries, and alternative risk facilities.
• Aid in the development of Broking Associates and Specialists on the team, provide mentorship and guidance.
• Work as a team member and collaborate with other colleagues within the team.
• Execute corporate Trading Partner strategy and influence other team members to do same.
• Possess knowledge of Benchmarking and Loss Analysis, facilitate delivering these resources to support client retention and new client acquisition.

Position Specific Skills/Qualifications

Work Experience

• 8-10+ years’ experience in Commercial Property & Casualty with a comprehensive understanding of insurance coverages

Professional Licenses/Certifications

• Must hold state Property & Casualty insurance license.

Essential Skills/Competencies

• Project/process management discipline and follow-through
• Compelling deductive reasoning skills
• Substantial inter-personal skills and associate engagement expertise
• Effective listening and communication skills
• Collaborative nature
• Action-oriented, ambitious, initiative-taker
• Analytical and creative thinker
• Commitment to continuous learning and development
• Good understanding of complex property and casualty insurance programs, risk management, and alternative risk structures
• Purposeful, results-driven, competitive, tenacious desire to win
• Understands how to identify and apply corporate resources to achieve optimal outcomes for clients and prospective clients
• Knowledgeable of the global insurance marketplace and keeps current with changing marketplace landscape
• Strong ability to influence and negotiate with trading partner peers, and achieve optimal outcomes for clients and prospective clients

Education

• High School Diploma or equivalent experience.

Physical Demands & Working Conditions

Office work involves working at a desk most of the time, using a stand-up/sit-down adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects. Typing, grasping, and repetitive motion typically is required every day, and walking and standing are required occasionally.

Equal Employment Opportunity

At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.