Broking Coordinator

Aon plc; United States; Hybrid; USD 43,000 - 50,000; Full time

Benefits offered by this job

PTO and paid holidays

401(k) with match

Health & wellness programs

Exclusive discount programs

Job summary

NFP in Kentucky is seeking a dedicated insurance broker support professional to assist the broking team with risk analysis, program recommendations, and client engagement. The role involves tailoring coverage, negotiating with carriers, and supporting the development of client solutions.

The position offers standard hours (8:00 AM–5:00 PM ET) with potential hybrid/remote work, and a 25% commission on first-year new business. Base salary is disclosed and commensurate with experience.

Qualifications

• High School Diploma or GED required.
• Bachelor’s degree or equivalent preferred.
• P&C License preferred.

Responsibilities

• Analyze clients' or prospects' programs and recommend customized risk solutions.
• Negotiate with carriers to drive revenue growth and retention.
• Ensure placements follow service model standards and timelines.
• Develop client/prospect diagnostics with brokers for total cost of risk.
• Prepare documentation and coordinate follow-up for proposals.
• Assist in proposal development for clients.
• Respond to client queries to resolve issues promptly.
• Attend client meetings to refine communication and presentation skills.
• Present to local account executives and participate in RFPs.
• Support data analytics to provide program insights.
• Build relationships with underwriters and account teams.
• Develop knowledge of markets and lines of insurance.
• Maintain organized client and brokerage data files.

Skills

Communication skills

Interpersonal skills

Negotiation

Teamwork

Attention to detail

Organizational skills

Analytical skills

MS Office

Epic experience

Education

High School Diploma or GED

Bachelor’s degree or equivalent preferred

Tools

Epic

Job description

Who We Are:

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.

Summary:

Provide support to broking team members and contributes to strategic recommendations, problem solving, and solution development for prospects and clients. Develops a comprehensive understanding of prospect and client risk profiles and exposures, and acts to cultivate and increase insurance market interest leading to the development of effective risk financing and risk transfer solutions. Focuses on tailoring required coverage, terms and conditions, and developing the appropriate program.

This is a full-time opportunity with standard hours, Monday through Friday, 8:00 AM to 5:00 PM ET. To support hybrid or remote work, candidates must maintain a reliable, confidential, and interruption-free workspace and have a stable high-speed internet connection.

In addition to the base salary, this role is eligible for 25% commission on first year new business.

Essential Duties and Responsibilities:

• Participate in the analysis of clients’ or prospects’ existing programs and ensure requirements. Review current policies and formulate recommendations for customized risk solutions


• Negotiate with insurance carriers; drives financial and non-financial outcomes that support organic revenue development and retention. Seize upon opportunities to upsell and cross-sell, leading to greater client product density and expanded account margin


• Ensure placements are handled according to NFP’s service model standards and timelines


• Support the team in developing client/prospect diagnostics – working at the direction of the Broker or Senior Broker to complete a total program assessment, including total cost of risk, service results, and opportunities fo program improvement


• Assist in timely production of required documentation and follow-up, ensuring timely flow of materials


• Assist team members with proposal development for existing and prospective clients


• Respond to client queries and concerns to resolve issues promptly


• Attend client meetings with team; leading to refined and enhanced client communication and presentation skills


• Present to local account executives, participate in RFPs, occasional client meetings and conference calls


• Support the deployment of data and analytics to provide program insights for clients and the broking team


• Develop productive business relationships with key insurance underwriters and local NFP account teams


• Cultivate a thorough understanding of markets to better assist the broking team


• Execute on NFP’s broking strategies, including strategic carriers, panels, and preferred wholesaler utilization


• Develop and maintain a thorough knowledge of the insurance marketplace, and the various lines, products and services offered by various insurers


• Ensure client, broking and brokerage data files are maintained in a complete, organized and timely fashion

Knowledge, Skills, and/or Abilities:

• Strong written and verbal communication skills


• Ability to successfully interact with a variety of people


• Proven negotiation skills


• Ability to work independently and as part of a team


• Attention to detail, demonstrating reliability and accuracy


• Strong organizational skills with the ability to adjust to changing priorities


• Detail-oriented with strong analytical skills, both quantitative and qualitative


• Microsoft Office Suite


• Experience with Epic (agency management system) a plus

Education and/or Experience:

• High School Diploma or GED required


• Bachelor’s degree or equivalent preferred

Certificates, Licenses, Registration:

• P&C License preferred

What We Offer:

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $43,000 – $50,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

NFP and You... Better Together!

NFP is an inclusive Equal Employment Opportunity employer.