Insurance Placement Specialist - Northeast Construction

EPIC Insurance Brokers & Consultants; Jersey City (NJ); Hybrid; USD 95,000 - 125,000; Full time

Benefits offered by this job

Generous PTO

Paid holidays

401(k) matching

Medical/dental/vision insurance

Employee referral bonus

Job summary

EPIC Insurance Brokers & Consultants is seeking a Placement Specialist to place new business and manage renewals for the Northeast Construction & Surety Practice. The role involves collaborating with producers, account managers, underwriters, and insureds to quote, propose, and implement favorable terms.

Experience in NY construction space, strong negotiation and relationship-building skills, and a collaborative mindset are essential.

Qualifications

• 3-5 years of experience in commercial insurance
• Deep knowledge of commercial insurance coverages, especially NY construction
• Strong communication, negotiation and relationship-building skills

Responsibilities

• New Business Placement: Prepare submissions, secure new business quotes, and prepare proposals for Producers to present to prospects.
• Renewal Management: Oversee renewal processes for assigned remarketing efforts with timely, accurate completion.
• Stakeholder Collaboration: Work with producers, account managers, and team members to achieve business goals.
• External Relations: Build and maintain relationships with underwriters and brokers.
• Effective Communication: Communicate clearly with all stakeholders.
• Negotiation: Use strong negotiation skills to secure favorable terms and conditions.
• Relationship Building: Develop long-term relationships with clients and partners.
• Insurance Expertise: Demonstrate understanding of commercial insurance coverages, with NY construction space as a focus

Skills

Negotiation

Communication

Relationship-building

Job description

L OCATION:

Hybrid to Melville, NY or Jersey City or Summit, NJ.

Come join our team!

There are many reasons why EPIC Insurance Brokers & Consultants has become one of the fastest-growing firms in the insurance industry. Fueled and driven by capable, committed people who share common beliefs and values and “bring it” every day, EPIC is always looking for people who have “the right stuff” – people who know what they want and aren’t afraid to make it happen.

Headquartered in New York City and founded in 2007, our company has over 4,000 employees nationwide. With locations spread out across the U.S., our local market knowledge and industry expertise helps support our clients' regional and global needs. We have grown very quickly since our founding, and we continue to see growth and success thanks to our hard-working and growth-minded employees.

Our core values are: Owner mindset, Inspire trust, Think big, and Drive results. If these values and growth align with what you're looking for in your next career? Then consider joining our amazing team!

JOB OVERVIEW:

The Placement Specialist is responsible for placing new business and managing renewals for the Northeast Construction & Surety Practice. This role involves working closely with internal stakeholders such as producers, account managers and other team members, as well as external contacts including underwriters and insureds.

Key Responsibilities:

• New Business Placement: Prepare submissions, work with carriers and wholesalers, secure new business quotes and prepare proposals for Producers to present to prospects.
• Renewal Management: Oversee the renewal process of assigned remarketing efforts, ensuring timely and accurate completion.
• Stakeholder Collaboration: Work collaboratively with producers, account managers, and other team members to achieve business goals.
• External Relations: Build and maintain strong relationships with underwriters and brokers.
• Effective Communication: Communicate clearly and effectively with all stakeholders.
• Negotiation: Utilize strong negotiation skills to secure favorable terms and conditions.
• Relationship Building: Develop and nurture long-term relationships with clients and partners.
• Insurance Expertise: Demonstrate a thorough understanding of commercial insurance coverages, with a priority given to candidates with experience in the NY construction space.

Qualifications:

• Experience: 3-5 years of experience in commercial insurance, with a focus on renewals and new business.
• Industry Knowledge: In-depth knowledge of commercial insurance coverages, particularly within the NY construction sector.
• Skills: Effective communication, negotiation, and relationship-building skills.

COMPENSATION:

Exempt: The base salary range for this position is $95,000 – $125,000. This range represents the employer’s good faith estimate of the compensation for this role at the time of posting.

Actual compensation will be determined based on factors such as experience, skills, training, certifications, education, internal equity, and market data. This role may also be eligible for bonuses and a comprehensive benefits package.

WHY EPIC:

EPIC has over 60 offices and 4,000 employees nationwide – and we’re growing! It’s a great time to join the team and be a part of this growth. We offer:

• Generous Paid Time off
  • Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days
• Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
• Generous employee referral bonus program of $1,500 per hired referral
• Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
• Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
• Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
• 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!
• EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
• We’re in the top 10 of property/casualty agencies according to “Insurance Journal”

To learn more about EPIC, visit our Careers Page:https://www.epicbrokers.com/about/epic-careers/.

EPIC embraces diversity in all its various forms—whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.

California Applicants - View your privacy rights at: https://www.epicbrokers.com/wp-content/uploads/2025/01/epic-ca-employee-privacy-notice.pdf.

Massachusetts G.L.c. 149 section 19B (b) requires the following statement: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.