ProExec Broker

RT Specialty; Chicago (IL); Hybrid; USD 70,000 - 95,000; Full time

Job summary

A high-performing wholesale brokerage team in Chicago is seeking a motivated Inside ProExec Broker to manage Commercial ProExec accounts, particularly focusing on Cyber. The ideal candidate will have 2+ years of experience in the Professional Liability field and possess strong negotiation and client relationship skills. This hybrid role requires an active Property & Casualty License, emphasizing the importance of independence and effectiveness in a production-driven environment.

Qualifications

• Active Property & Casualty License required.
• 2+ years of experience in commercial wholesale or retail brokerage within Professional liability and cyber lines.
• Experience with surplus lines and non-admitted markets.

Responsibilities

• Independently manage and broker Commercial ProExec accounts.
• Review and evaluate retail broker submissions.
• Collaborate with brokers for market placement and client satisfaction.
• Negotiate pricing, terms, and conditions with underwriters.
• Maintain documentation and ensure compliance with brokerage standards.

Skills

Negotiation

Communication

Organizational skills

Knowledge of commercial insurance coverages

Client relationship management

Education

Bachelor’s degree (Business, Sales, Risk Management)

Job description

RT Specialty is seeking a motivated and experienced Inside ProExec Broker to join our high-performing wholesale brokerage team in Chicago, IL. This role is ideal for an Inside Broker, Associate Broker or Wholesale Broker with 2+ years of experience in Professional Liability lines of business, with an emphasis on Cyber.

Location: The role is a hybrid role reporting to either our Chicago, New York City, Atlanta or San Francisco office.

What will your job entail?

The Inside Broker will independently manage and broker Commercial ProExec accounts from submission through placement and servicing. This role supports an Office President / Team Leader and plays a critical part in managing and growing a book of Professional Liability and Cyber business within a wholesale brokerage platform.

Key Responsibilities:

• Independently broker and manage new and renewal ProExec accounts, with an emphasis on Cyber.
• Review and evaluate retail broker submissions
• Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
• Demonstrates knowledge of commercial insurance coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.
• Identify carrier appetite across admitted and surplus lines markets specializing in ProExec markets.
• Negotiate pricing, terms, and conditions directly with carrier underwriters.
• Present structured quote comparisons and coverage recommendations to retail brokers to facilitate binding.
• Act as primary liaison between retail brokers and casualty insurance markets for ProExec placements.
• Maintain complete documentation and ensure compliance with wholesale brokerage standards and surplus lines requirements.
• Operate independently in a production-driven environment with minimal oversight.

Required Qualifications:

• Active Property & Casualty License required for consideration
• 2+ years of experience in commercial wholesale or retail brokerage within Professional liability and cyber lines of business
• Proven ability to broker accounts with minimal oversight and manage client relationships effectively.
• Strong knowledge of commercial Professional Liability coverages, carrier appetites, and market dynamics.
• Experience with surplus lines and non-admitted markets.
• Strong negotiation, communication, and organizational skills.

Preferred Qualifications:

• Bachelor’s degree preferred (Business, Sales, Risk Management).
• Experience brokering a ProExec book of business, heavy in Cyber lines