Placement Executive - Commercial - Real Estate

Baldwin Group Colleague, Inc.; Boston (MA); On-site; USD 75,000 - 115,000; Full time

Job summary

The Baldwin Group is recruiting a Placement Executive in Boston to partner with Advisors and Directors, delivering top-tier service to clients and carriers. You will build professional relationships with clients, insurers and agency personnel while maintaining accounts and promoting a collaborative environment.

Responsibilities include evaluating client needs, designing coverage solutions, and negotiating with carriers to secure favorable terms for complex placements.

Qualifications

• Bachelor’s Degree preferred and/or 10 years’ work-related experience.
• Active state insurance license required.
• Professional designations a plus (ARM, CPCU, CRM, CIC).
• Proficient with Microsoft Office suite.
• Maintains all licenses per state requirements within 90 days.

Responsibilities

• In-depth knowledge of insurance products and services including policy forms, terms/conditions.
• Maintain thorough knowledge of the insurance marketplace and relationships with key underwriters.
• Assess client needs, design solutions and negotiate with carriers for coverage.
• Market client business to carriers for new and renewal opportunities.
• Identify carriers, submit quotes, negotiate terms and prepare proposals.
• Stay current on industry news, products, coverage and technology.
• Attend meetings, workshops, carrier functions and networking events as requested.

Skills

Communication

Negotiation

Presentation

Writing

Multi-tasking

Relationship building

Education

Bachelor's Degree

Active state insurance license

Professional designations (ARM, CPCU, CRM, CIC)

Tools

Microsoft Office

Word

Excel

PowerPoint

Job description

The mission of the Placement Executive is to be an integral part of the team and partner with Advisors, Directors and others in the firm to deliver a high level of service to our clients. This individual develops professional working relationships with clients, insurance companies, and agency personnel to maintain accounts and promote a positive working environment.

PRIMARY RESPONSIBILITIES

• In-depth knowledge of insurance products and services including knowledge of policy forms, terms/conditions.
• Maintain thorough knowledge of the insurance marketplace as well as develop and maintain significant relationships with key underwriters, ensuring thorough evaluation of qualified companies in the marketplace.
• Responsible for assessing client needs, designing solutions and negotiating with insurance carriers to obtain most appropriate coverage plans for clients.
• Market client business, typically of higher complexity, to a variety of insurance carriers, new and renewal business.
• Identify appropriate carriers, submit applications for quotes, negotiate favorable rates including terms & conditions and prepare Insurance Proposals.
• Stay current on industry news, products, coverage and technology.
• Consistently maintain professional and appropriate demeanor.
• Attend company meetings, educational workshops, carrier functions, staff meetings, and networking events when requested.

KNOWLEDGE, SKILLS & ABILITIES

• Ability to prepare written correspondence, reports, and analyses in a timely manner to clients and Insgroup associates.
• Analyze situations, identify problems, recommend solutions, and evaluate outcomes.
• Demonstrated presentation and negotiation skills required.
• Exceptional writing and communication skills.
• Ability to multi-task, meet deadlines and thrive in a fast-paced environment.

EDUCATION & EXPERIENCE

• Bachelor’s Degree preferred and/or 10 years’ work-related experience.
• Prefer some experience in an agency environment.
• Active state insurance license required.
• Professional designations a plus such as, ARM, CPCU, CRM or CIC.
• Proficient user of Microsoft Office – Word, Excel, PowerPoint.
• Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain all required licenses within the first 90 days of employment.

IMPORTANT NOTICE

This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.

The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.

The Baldwin Group is a cohesive group of experts in business insurance, employee benefits, retirement planning, and all areas of private and personal insurance. Since 2011, we’ve evolved from a local business into a national firm with a vast network of specializations serving two million clients across the country. At The Baldwin Group, we provide solutions so our clients can pursue what’s possible for themselves, their families, and their businesses. Whether renting a first apartment, opening a small business or taking a company public, we offer solutions to support clients at every step of their journey giving them peace of mind to pursue their purpose, passion, and dreams. We Protect the Possible.

The Baldwin Group is an equal employment opportunity firm and strives to comply with all laws prohibiting discrimination based on race, color, religion, age, sex (including sexual orientation and gender identity), national origin or ancestry, disability, military status, marital status, and any other category protected by federal, state, or local laws. All such discrimination is unlawful, and all persons involved in the operations of the firm are prohibited from engaging in this conduct.