Property & Casualty Broker

Brown & Brown, Inc.; Morristown (NJ); On-site; USD 75,000 - 200,000; Full time

Benefits offered by this job

Medical Insurance

Dental/Vision Insurance

Life Insurance

Disability Insurance

401(k)

Job summary

Bridge Specialty Group is seeking a Property & Casualty Broker to join our growing team in Morristown, NJ. The Commercial Lines P&C Broker will gain technical knowledge and internal processes necessary to be effective in a Broker or Binding Authority Underwriter role.

The broker is responsible for achieving incremental sales goals and participating in training opportunities. Pay range is $75k–$200k annually based on experience and geography.

Qualifications

• Valid P&C license.
• Bachelor's Degree from a four‑year college or university or equivalent industry experience.
• 0–5 years of experience in a similar position.
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.

Responsibilities

• Develop skills to interact with company and retail agent personnel diplomatically and knowledgeably to establish positive relationships, increase revenues, and retain policies upon expiration.
• Build relationships with insurance agents, brokers, and carriers through sponsored events, internal and external sales meetings.
• Examine application forms, inspection reports, insurance maps, and medical reports to determine risk factors.
• Request additional information if necessary; accept or reject risks in conformance with company guidelines.
• Review, analyze, and underwrite risks submitted by Producers; rate submissions for premium and terms; analyze exposures for quotes for new and renewal business.
• Issue written indications, quotes, and binders; use inspection companies to obtain further information or explain underwriting policies.
• Process new business in a timely and efficient manner to grow revenues and maintain retention and profitability.
• Leverage mentorship relationships when marketing and meeting with retail agency customers to develop business and cultivate relationships.
• Foster and improve relationships with other departments, producers, companies, and competitors.
• Develop a thorough understanding of internal operations to extend company facilities, utilizing binding authorities or brokering risks to negotiate placements.
• Complete and pass assigned educational courses, professional designations, and license examinations.

Skills

P&C License

Telephone Demeanor

Confidentiality

Education

Bachelor's Degree

Tools

MS Office Suite

Job description

About the Role

Bridge Specialty Group is seeking a Property & Casualty Broker to join our growing team in Morristown, NJ. The Commercial Lines P&C Broker will gain technical knowledge and internal processes necessary to be effective in a Broker or Binding Authority Underwriter role. The broker is responsible for achieving incremental sales goals and participating in training opportunities.

Key Responsibilities

• Develop skills to interact with company and retail agent personnel diplomatically and knowledgeably to establish positive relationships, increase revenues, and retain policies upon expiration.
• Build relationships with insurance agents, brokers, and carriers through sponsored events, internal and external sales meetings.
• Examine application forms, inspection reports, insurance maps, and medical reports to determine risk factors such as applicant financial standing, age, occupation, accident experience, and property condition.
• Request additional information if necessary; accept or reject risks in conformance with company guidelines.
• Review, analyze, and underwrite risks submitted by Producers; rate submissions for premium and terms; analyze exposures for quotes for new and renewal business.
• Issue written indications, quotes, and binders; use inspection companies to obtain further information or explain underwriting policies.
• Process new business in a timely and efficient manner to grow revenues and maintain retention and profitability.
• Leverage mentorship relationships when marketing and meeting with retail agency customers to develop business and cultivate relationships.
• Foster and improve relationships with other departments, producers, companies, and competitors.
• Develop a thorough understanding of internal operations to extend company facilities, utilizing binding authorities or brokering risks to negotiate placements.
• Complete and pass assigned educational courses, professional designations, and license examinations.

Qualifications

• Valid P&C license.
• Bachelor’s Degree (B.A.) from a four‑year college or university or equivalent industry experience.
• 0–5 years of experience in a similar position.
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.

Compensation

Pay Range: $75k – $200k annually (based on experience, geography, and budget).

Benefits & Total Well-Being

• Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial: ESPP, 401(k), Student Loan Assistance, Tuition Reimbursement
• Mental Health & Wellness: Free mental health services and enhanced advocacy
• Paid Time Off, Holidays, Preferred Partner Discounts, and more

Equal Opportunity Statement

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment and are an affirmative action employer. We prohibit discrimination and retaliation based on race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other protected class. The company complies with all required laws and regulations.