Commercial Placement Specialist

Brown & Brown; Phoenix (AZ); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Health benefits

401k

Student loan assistance

Tuition reimbursement

Paid time off

Job summary

Brown & Brown in Phoenix, AZ seeks a Commercial Placement Specialist to join our growing team. You will work with competing insurance companies to review quotes, negotiate coverage and price for renewals and prospective business, and support the sales and service teammates with market insights.

Key duties include coordinating quotes and carrier options, analyzing market information, and identifying new markets.

Qualifications

• Minimum education – college degree or related work experience.
• Must have and maintain a current P&C License for the required states.
• 3-5 years of experience in a similar position.

Responsibilities

• Coordinate the procurement of alternative quotes and carrier options to retain existing insurance programs.
• Analyze market information to develop, design, and implement creative strategies for sales team members.
• Review and recognize areas for improvement in existing policies and competing quotes and evaluate options alongside the sales team member and service representative.
• Negotiate with insurance carriers’ competitive coverage and pricing options on behalf of our client.
• Provide sales and customer service teammates with any market information or insight.
• Monitor, identify, and develop new methods, new markets, and new opportunities.
• Review submissions from either the producer or account manager for completeness and accuracy.
• Review submissions to determine appropriate insurance companies for account solicitation.
• Identify new markets through research and begin the process to contract with insurance companies or brokers if necessary and given approval from management.
• Utilize and direct assistants in the process of online rating and proposal creation.

Skills

General Liability

Property Insurance

Auto Insurance

Workers' Compensation

Confidentiality

P&C License

Experience: 3-5 years

Independent agency experience

Education

College degree or related work experience

Property & Casualty Designations (CISR/CRIS/AAI)

Tools

MS Office

Excel

Job description

Brown & Brown is seeking a Commercial Placement Specialist to join our growing team in Phoenix, AZ.

Commercial Placement Specialist efforts with competing insurance companies on an account-by-account basis for sales and customer service teammates. Responsible for reviewing, analyzing, and improving quotes received, evaluating, and negotiating coverage and price for renewals and prospective business.

How You Will Contribute:

• Coordinate the procurement of alternative quotes and carrier options to retain existing insurance programs.
• Analyze market information to develop, design, and implement creative strategies for sales team members.
• Review and recognize areas for improvement in existing policies and competing quotes and evaluate options alongside the sales team member and service representative.
• Negotiate with insurance carriers’ competitive coverage and pricing options on behalf of our client.
• Provide sales and customer service teammates with any market information or insight.
• Monitor, identify, and develop new methods, new markets, and new opportunities.
• Review submissions from either the producer or account manager for completeness and accuracy.
• Review submissions to determine appropriate insurance companies for account solicitation.
• Identify new markets through research and begin the process to contract with insurance companies or brokers if necessary and given approval from management.
• Utilize and direct assistants in the process of online rating and proposal creation.

Skills & Experience to be Successful:

Required:

• Minimum education – college degree or related work experience
• Proficient with MS Office & Excel
• Ability to maintain a high level of confidentiality
• 3-5 years of experience in a similar position
• Must have and maintain a current P&C License for the required states.
• Must-have coverage experience:
• Commercial General Liability
• Commercial Property
• Commercial Auto
• Workers Compensation

Preferred:

• Independent insurance agency experience
• Property and Casualty Insurance Designation, such as CISR, CRIS, AAI, or similar designation
• Preferred coverage experience:
• Cyber Liability
• Management Liability (D&O, EPLI, Fiduciary, Crime)
• Professional Liability / E&O
• Inland Marine
• Equipment Breakdown

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.