Placement Specialist, Northeast Construction & Surety Practice

EPIC Insurance Brokers & Consultants; Jersey City (NJ); Hybrid; USD 90,000 - 110,000; Full time

Job summary

An established industry player in the insurance sector is seeking a Placement Specialist to drive new business and manage renewals. This pivotal role involves collaboration with internal teams and external partners, ensuring effective communication and negotiation to secure favorable terms. The ideal candidate will possess a strong understanding of commercial insurance, particularly in the NY construction space. Join a rapidly growing firm that values innovation, teamwork, and employee growth, while enjoying a range of generous benefits and a supportive work culture. If you're ready to make an impact and advance your career, this opportunity is for you.

Benefits

Generous Paid Time Off

Paid parental leave

Employee referral bonus program

Employee recognition programs

Pet Insurance

401(k) matching

Medical insurance

Dental insurance

Vision insurance

Wellness & employee assistance programs

Qualifications

• 3-5 years of experience in commercial insurance, focusing on renewals and new business.
• In-depth knowledge of commercial insurance coverages, especially in NY construction.

Responsibilities

• Manage new business placements and renewals for Northeast Construction & Surety Practice.
• Collaborate with internal and external stakeholders to achieve business goals.

Skills

Effective communication

Negotiation

Relationship-building

Education

College degree

Job description

Placement Specialist, Northeast Construction & Surety Practice

499 Washington Blvd, 8th Floor, Suite 810, Jersey City, NJ 07310

Location: Hybrid, Melville, NY or Jersey City, 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 San Francisco and founded in 2007, our company has over 3,000 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:

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

Qualifications:

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

COMPENSATION:

The national average salary for this role is $90,000.00 - $110,000.00 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications and education, while also considering internal equity and market data.

WHY EPIC:

EPIC has over 60 offices and 3,000 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, Cancer 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”

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.

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