Executive Risk Solutions Broker

imafinancialgroup; Dallas (TX); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Annual performance bonus

Stock Purchase

401(k)

Health Plans

Paid Time Off

Flexible Work Options

Job summary

IMA Financial Group seeks an experienced professional for its Executive Risk Solutions group. You will educate internal teams on management liability, market complex renewals, and interpret client financials and contracts to optimize programs.

Qualifications include a college degree, license, and strong analytical, negotiation, and relationship skills. Travel may be required; a JD/MBA is a plus and financial services experience is valued.

Qualifications

• Excellent organizational and communication skills (oral and written).
• Commitment to excellence and strong relationship-building abilities.
• Ability to respond calmly and quickly in a fast-paced environment.

Responsibilities

• Interface with internal distribution channels to educate on management liability products.
• Market new and renewal business for complex risk profiles.
• Analyze client financials and insurance contracts for opportunities.
• Develop strategies to improve insurance programs and negotiate terms.
• Build underwriter relationships and understand the executive liability marketplace.
• Communicate policy forms and differences to clients and teams.
• Maintain relationships with CFOs, CLOs, and GCs; assist proposals.

Skills

Relationship building

Communication

Negotiation

Problem solving

Time management

Attention to detail

Math skills

Interpersonal skills

Work ethic

Adaptability

Travel readiness

Five+ years experience

Education

College degree

JD or MBA (special consideration)

Property and casualty license (state of business)

Tools

Microsoft Office

Job description

Our Executive Risk Solutions (ERS) practice group is a world-class team of 30+ professionals focused on providing thoughtful advice, a unique legal perspective, a broad range of executive risk insurance solutions, and excellent service to our valued clients. ERS professionals have deep experience handling complex executive risk exposures for a variety of clients - from pre-IPO start-ups to multibillion-dollar Fortune 150 corporations.

What You'll Do:

We are currently looking to add a position within our Executive Risk Solutions practice group. Primary responsibilities will include the following:

• Interface with internal distribution channels (i.e., production and other client-facing staff) to educate them on management liability products and assist with opportunities in the space.
• Market new and renewal business for publicly-traded and other companies with complex risk profiles, including:
• Analysis and interpretation of client financial statements and insurance contracts.
• Identify areas for improvement within insurance programs and develop strategies for implementing any changes.
• Communicate with insurance markets and effectively use negotiation skills to secure favorable program terms.
• Develop/strengthen underwriter relationships and an understanding of the executive liability marketplace (including carrier appetite, capabilities and performance history) in order to effectively represent clients.
• Understand leading insurance company policy forms and be able to communicate any differences to internal IMA team members as well as to external underwriter and client contacts.
• Maintain effective working relationships with all client contacts (typically CFO and/or CLO/GC).
• Contribute to the development of client proposals and learn to effectively communicate proposal material to clients.

Basic Qualifications:

• College degree.
• Advanced degree (JD/MBA) will be given special consideration.
• Excellent organizational and communication skills (oral and written).
• Commitment to excellence.
• Excellent interpersonal skills: ability to build and maintain strong relationships with underwriters, clients and IMA team members.
• An ability to respond calmly, creatively and quickly in a fast-paced, changing environment.
• A strong work ethic.
• The ability to interpret and negotiate insurance contracts.
• Strong Math skills, including familiarity with ratios, percentages, discounts and commissions.
• Strong common sense with the ability to handle standard situations and handle and prioritize multiple tasks.
• Property and casualty license required for state of business and fulfill continuing education requirements to retain license.
• Computer proficiency with multiple applications: Microsoft Office, etc.
• The willingness to complete additional duties and take on additional responsibility as the need arises.
• The ability to travel on occasion when business needs arise.
• Minimum 5+ years relevant work experience.

#LI-JS1

Compensation & Benefits

Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

• Annual Performance Bonus
• Stock Purchase
• Medical Plans
• Prescription Drugs
• Dental
• Vision
• Family Assistance Program
• FSA
• HSA
• Pre-Tax Parking Plan
• 401(k)
• Life/AD&D
• Accident
• Critical Illness
• Hospital Indemnity
• Long Term Care
• Short-term Disability
• Long-term Disability
• Business Travel Accident
• Identity Theft
• Paid Time Off
• Flexible Work Options
• Paid Holidays
• Sabbatical
• Gift Matching
• Well-Being Stipend
• Personal and Professional Development

In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate's geographic location, prior relevant experience, and their knowledge, skills, and abilities.

*These benefits do not apply to internship roles.

Why Join IMA?

We've built a reputation for putting our associates first

What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It's this unique ownership business model that makes working at IMA so appealing.

We work in teams. We sell in teams. We win and prosper as a team

We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we're big enough to write business all over the world and small enough to implement your ideas quickly.

We are recognized nationally as a leader in our industry

• Business Insurance Magazine - Best Places to Work in Insurance
• US Insurance Awards - Community Outreach Project of the