Insurance Broker

United States Digital Space LLC; United States; Remote; USD 60,000 - 90,000; Full time

Job summary

United States Digital Space LLC is seeking an experienced Insurance Broker to work from home in a full-time capacity. You will meet with clients, assess their coverage needs, and tailor policies to fit individual risk profiles.

Responsibilities include processing policies from quotes to renewals, negotiating with insurers for favorable terms, assisting with claims, and ensuring regulatory compliance. You will build lasting client relationships and drive renewals and cross-sell opportunities.

Qualifications

• Minimum 3+ years in the insurance industry.
• Deep knowledge of general insurance products and coverage options.
• Ability to assess client risk and tailor policies.

Responsibilities

• Meet with clients to assess insurance needs and advise on coverage options.
• Process general insurance policies from quotes to renewals.
• Negotiate with insurers to obtain favorable terms.
• Assist clients with filing claims and navigate the claims process.
• Research market trends to secure competitive offers.
• Ensure regulatory compliance and maintain accurate records.
• Build and maintain relationships with clients, insurers, and stakeholders.
• Proactively manage policy renewals and suggest adjustments.
• Identify cross-sell opportunities for additional products.
• Provide expert client advisory services.

Skills

Client consultation

Negotiation

Relationship management

Regulatory knowledge

Communication skills

Insurance knowledge

Job description

Role: Insurance BrokerWork From HomeFT - min 40 hours per weekWorking Hours and Days - Monday to Friday 8AM to 5PM

Responsibilities:

• Client Consultation: Meet with clients to assess their insurance needs, provide advice on coverage options, and tailor insurance policies to meet their specific requirements.

• Policy Processing: Handle the end-to-end processing of general insurance policies, including quoting, underwriting submissions, binding, endorsements, and renewals.

• Market Research: Stay informed about market trends and product offerings, and negotiate with insurers to obtain the best terms and coverage for clients.

• Claims Assistance: Assist clients with filing claims, provide guidance on the claims process, and liaise with insurance companies to ensure prompt resolution.

• Risk Assessment: Evaluate client risk profiles and recommend suitable insurance solutions to mitigate potential losses.

• Regulatory Compliance: Ensure all activities comply with industry regulations, company policies, and legal requirements.

• Documentation and Record Keeping: Maintain accurate and up-to-date records of client interactions, policy details, and communications.

• Relationship Management: Build and maintain strong relationships with clients, insurers, and other stakeholders to provide exceptional service and support.

• Renewal Management: Monitor and manage policy renewals, proactively contacting clients to review their coverage and make necessary adjustments.

• Sales and Business Development: Identify new business opportunities and cross-sell additional insurance products to existing clients.

• Extensive Experience in Insurance: Must have at least 3+ years of experience in the insurance industry, with a primary focus on processing policies for general insurance.

• Expert Knowledge of Insurance: Strong understanding of all aspects of insurance, including products, coverage options, policy terms, and industry regulations.

• Proven Track Record in Policy Processing: Demonstrated experience in managing the complete lifecycle of general insurance policies, from quoting and underwriting to endorsements, renewals, and claims processing.

• Client Advisory Skills: Ability to provide expert advice and tailor insurance solutions to meet the unique needs of clients.

• Regulatory Compliance: Familiarity with regulatory standards and compliance requirements in the insurance sector.

• Strong Negotiation Skills: Capable of negotiating with insurers to obtain the best terms, conditions, and coverage for clients.

• Communication and Interpersonal Skills: Excellent skills in building and maintaining relationships with clients, insurers, and other stakeholders.

Originally posted on Himalayas