Property Broker - Wholesale

Brown & Brown; United States; Remote; USD 85,000 - 100,000; Full time

Job summary

An established industry player is seeking a motivated Broker for its property brokerage group. This fully remote position offers a competitive salary and commission structure. The ideal candidate will excel in risk evaluation, client relationship management, and possess strong underwriting skills. You will be responsible for reviewing insurance submissions, developing business relationships, and ensuring compliance with state laws. Join a company that values meritocracy and offers excellent growth opportunities, a generous benefits package, and a focus on employee well-being.

Benefits

Discretionary Time Off

Health Insurance

Dental Insurance

Vision Insurance

401(k) Plan

Employee Stock Purchase Plan

Tuition Reimbursement

Student Loan Assistance

Mental Health Services

Preferred Partner Discounts

Qualifications

• Bachelor's degree or five years of insurance experience required.
• P&C State license is necessary for this role.

Responsibilities

• Evaluate insurance submissions and applications for risk assessment.
• Develop and cultivate relationships with carriers and brokers.

Skills

Insurance Underwriting

Risk Assessment

Client Relationship Management

Communication Skills

MS Office Suite

Education

Bachelor's Degree

5 Years Insurance Experience

Tools

Paperless Environment Software

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Hull & Company is seeking a Broker for our property brokerage group. This is a 100% remote opportunity offering a base salary and commission.

Reviews insurance submissions & applications to evaluate, qualify & market individuals and groups for insurance by performing the following duties.

WHAT YOU WILL DO:

• Examines such documents as application forms, inspection reports, insurance maps, and loss runs to determine degree of risk from such factors as ISO classifications, applicant financials, age, occupation, accident experience, and value and condition of property.

• Reviews company records to determine amount of insurance in force on single risk or group of closely related risks and evaluates possibility of losses due to catastrophe or excessive insurance.

• Broker risks, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws. Secure payments on risks bound or written.

• Review, analyze and qualify risks submitted by Producers, evaluate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes, and binders; possible use of inspection companies to obtain further information, quote rates, or explain company underwriting policies.

• Develop and cultivate carrier and brokerage relationships to place specific risks and grow a book of business.

• Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business,

• Understand and extend Company facilities, brokering risks when required to successfully negotiate a placement; be responsible for your quote to bind activity & production results.

• Service and perpetuate existing business, produce new business, and have a keen awareness of priorities.

• Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy.

• Provide guidance and training to the processors and assistants, to enable them to reduce the broker’s clerical workload, and to develop basic brokering skills and techniques.

• Foster and improve relationships with other departments, producers, companies, and competitors, as well as close working relationship with binding/contract underwriting dept. to identify ‘best fit’ production opportunities,

• Work closely with Branch Leaders to improve your competence; submit production and marketing plans outlining new programs or methods of improving existing ones,

• Confer with the Branch Leader before underwriting or brokering unusual or unfamiliar coverages or manuscript forms,

WHAT YOU WILL NEED:

• Bachelor’s degree (B. A.) from four-year College or university is desired or five years insurance experience, two years of which is as an underwriting assistant.

• P&C State licensed.

• Proficient with MS Office Suite and paperless environment.

• Exceptional telephone demeanor.

• Experience with excess and surplus lines underwriting agency or company.

• This position requires routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. Acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are a requirement of this position.

WHAT WE OFFER:

• Excellent growth and advancement opportunities

• Competitive pay based on experience.

• Discretionary Time Off (DTO)

• Generous benefits package: health, dental, vision, 401(k), etc.

• Employee Stock Purchase Plan

#Remote

Pay Range

$85,000 - $100,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits : Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness : Free Mental Health &Enhanced Advocacy Services
• Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.