Underwriter Broker (Commercial P&C)

MGMT Global Consulting; Burbank (CA); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player in the insurance sector is seeking a Commercial Lines Underwriter, Broker to join their dynamic team. This role involves developing and managing profitable business relationships with independent insurance agencies, utilizing your expertise in commercial insurance coverages. You will negotiate market placements and ensure the successful completion of account tasks while fostering teamwork and creativity within the organization. If you have a passion for insurance and a knack for building relationships, this opportunity is perfect for you to make a significant impact in a thriving environment.

Qualifications

• 5-7 years of relevant experience in commercial insurance brokerage.
• Demonstrated understanding of excess and surplus lines.

Responsibilities

• Develop and manage relationships with independent insurance agencies.
• Negotiate market placements of new and renewal businesses.
• Meet targeted revenue goals and coordinate account objectives.

Skills

Commercial Insurance Knowledge

Sales Management

Negotiation Skills

Customer Relations

Interpersonal Skills

Education

Bachelor’s Degree

Relevant Experience

Tools

Microsoft Office

Job description

Commercial Lines Underwriter, Broker

Employee Type: Full-Time
Location: California
Job Type: Sales
Commercial Lines Insurance - Wholesale-Broker - E&S - MGA
Reference ID: MGMTGC-17

About the Company:

MGMT Global Consulting is working with one of the nation's most rapidly growing and successful specialty wholesale insurance brokerages. This property and casualty/personal lines insurance wholesaler and managing general agency are based in Burbank, CA with branches MA & FL. They work with top-rated carriers to design robust coverage for their clients. They sell exclusively to retail agencies across the country with a focus on small to mid-market E&S commercial and specialty personal lines risks. Our employees are fueled by a culture built around teamwork, creativity, and responsiveness.

A Qualified Professional Would Be:

Responsible for developing, managing, marketing, underwriting, and sustaining profitable business by providing high-level technical and sales expertise with commercial insurance coverages for the clients of independent and retail insurance agents and brokerages.

Responsibilities:

• Builds cooperative and dependable relationships with independent insurance agencies and brokerages to create business placement opportunities.
• Develops and maintains underwriting and cooperative service relationships with insurance carriers by demonstrating in-depth knowledge of commercial insurance and underwriting guidelines, both in excess and surplus lines and standard markets.
• Recognizes acceptable business opportunities through the underwriting pre-qualification process.
• Successfully negotiates market placements of new and renewal businesses.
• Meets and sustains targeted revenue goals.
• Coordinates resources to accomplish specific account objectives.
• Assumes ultimate responsibility for the successful completion of all account tasks and details on the account portfolio.
• Motivates and educates co-workers, blending leadership and technical skills.
• Is knowledgeable of workplace laws and corporate policies and practices; maintains a fair office work environment.

Requirements:

• Bachelor’s degree preferred; equivalent experience and knowledge considered
• Substantial and relevant experience in a commercial insurance brokerage or underwriting environment including wholesale brokerage experience.
• Demonstrated understanding of commercial insurance coverages and relevant forms for excess and surplus lines, understanding of both admitted and non-admitted markets.
• Trusted working relationships with carriers and markets.
• Highest level of customer relations, sales management, and negotiating skills to effect profitable results.
• Highest level of interpersonal skills to facilitate team building and resource management.
• Proficient in Microsoft Office including Word, Excel, and Outlook.
• Ability to travel extensively. Must have and maintain a valid driver’s license

Department: Sales & Service
Required Experience: 5-7 Years of relevant experience
Required Travel: Travel Required
Required Education: Bachelor’s degree or Relevant Experience (4-year degree)