Sr. Associate Broker - Wholesale Insurance Brokerage - MLPL

Brown & Riding; Seattle (WA); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading insurance brokerage seeks a Senior Associate Broker to assist in marketing submissions, managing client expectations, and ensuring compliance with regulations. The role requires strong negotiation and analytical skills, along with the ability to maintain relationships with clients and carriers. This position offers a dynamic work environment with opportunities for professional growth.

Qualifications

• 3 to 8 years of relevant insurance experience.
• Exceptional organizational, follow-up, communication, and interpersonal skills.

Responsibilities

• Manage marketing of accounts and negotiate coverage.
• Ensure compliance with regulatory requirements and company policies.
• Provide training and guidance to junior team members.

Skills

Organizational Skills

Communication Skills

Analytical Skills

Negotiation Skills

Education

Property & Casualty License

Surplus Lines License

Tools

Microsoft Word

Microsoft Excel

Job description

Sr. Associate Broker - Wholesale Insurance Brokerage - MLPL

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Position Summary:

The SAB primarily assists the broker team by marketing both basic and complex submissions/accounts, servicing active and expired policy files, and meeting the day-to-day needs of retail clients, all in accordance with Brown & Riding's values, goals, and procedures.

Essential Functions:

1. Manage the marketing of accounts by preparing submissions, approaching carriers for quotes, and negotiating coverage, requiring minimal support from senior team members for basic accounts and most complex situations.
2. Meet and exceed client expectations by managing coverage goals, priorities, and overall expectations throughout the submission process.
3. Solicit timely responses to submissions, negotiate pricing and terms with underwriters, and provide regular updates to clients.
4. Gather and develop complete loss summaries and analyses as needed.
5. Prepare high-quality, error-free submissions and effectively present information to underwriters verbally and in writing.
6. Identify and correct document inconsistencies or errors, and clarify issues with clients or underwriters promptly.
7. Ensure the quality, timeliness, and accuracy of quotes, binders, checklists, and other marketing documentation for accounts handled or overseen.
8. Follow internal Quality Management System (QMS) standards to meet quality goals.
9. Ensure all transactions comply with regulatory requirements and company policies, maintaining accurate records.
10. Facilitate clear communication of coverage terms and other information between clients and underwriters, ensuring policy alignment with client expectations.
11. Independently maintain and develop relationships with carriers, including regular in-person contact.

Other Responsibilities:

• Provide training and guidance to Production Assistants, Associates, and other team members to support their growth.
• Collaborate with the broker to identify projects matching skills, experience, and knowledge.
• Perform additional duties as assigned by management.
• Maintain and enhance relationships with retail clients, including some in-person interactions, typically with senior team members.

Education, Experience, and Skills:

• 3 to 8 years of relevant insurance experience.
• Property & Casualty and Surplus Lines Licenses (as required by state).
• Exceptional organizational, follow-up, communication, and interpersonal skills.
• Strong analytical skills for problem-solving, data interpretation, and drawing conclusions.
• Proactive, with good listening skills and a supportive approach.
• Strong negotiation skills to influence stakeholders at all levels.
• Ability to interact effectively with diverse personalities and communication styles.
• Flexible schedule and adaptability to changing demands.
• Ability to manage time independently to complete tasks efficiently.
• Intermediate proficiency in PC software (Word, Excel, etc.).
• Physical activities are within normal office expectations; some travel may be required.
• Normal vision, correctable if needed, with no significant impact from color vision, peripheral vision, or depth perception issues.
• Work environment is primarily office-based; some outdoor travel may occur.

Note: This description provides essential information about the Senior Associate Broker role at Brown & Riding. It is not exhaustive, and duties may be modified as needed by management.

Additional Details:

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Business Development
• Industry: Insurance