Wholesale Producer/Broker

The Jonus Group; Chicago (IL); On-site; USD 90,000 - 130,000; Full time

Job summary

The Jonus Group is seeking a Wholesale Producer/Broker to cultivate relationships with retail agents, deliver excellent service, and drive business growth. The role focuses on matching client needs with insurance products through a strategic, results-driven approach.

Responsibilities include prospecting, presenting proposals, coordinating with underwriters, and staying current with industry trends to maintain a competitive edge in the Chicago market.

Qualifications

• Proven experience in a similar Wholesale Broker or Producer role.
• Active and in-good-standing brokerage license.
• Strong understanding of the insurance industry and coverage lines.
• Excellent relationship-building and communication skills.
• Ability to manage multiple accounts and deadlines in a fast-paced environment.
• Self-motivated with a track record of meeting sales targets.
• Proficiency with industry software and CRM platforms.
• Bachelor's degree in Business, Finance, or a related field preferred but not required.

Responsibilities

• Build and maintain relationships with retail agents and stakeholders.
• Develop new business opportunities and grow the book through marketing and prospecting.
• Negotiate pricing and terms with carriers for best coverage options.
• Identify client risks to advise on coverage options.
• Serve as liaison between agents and carriers for seamless communication.
• Prepare proposals, presentations, and related documents.
• Stay updated on industry trends, products, and regulations.
• Collaborate with underwriters and account managers to ensure service.
• Monitor and manage client accounts for accuracy and satisfaction.

Skills

Relationship building

Negotiation

Communication

Sales focus

Account management

Education

Bachelor's degree in Business, Finance, or related field

Tools

CRM software

Insurance software

Job description

Job Summary

Seeking a motivated and dynamic Wholesale Producer/Broker to cultivate strong relationships with retail agents, deliver exceptional customer service, and drive business growth. This role involves matching clients' diverse needs with customized insurance products and requires a strategic, results-oriented approach.

Responsibilities

• Build and maintain strong relationships with retail agents and other stakeholders.
• Develop new business opportunities and grow the book of business through effective marketing and prospecting.
• Negotiate pricing and terms with insurance carriers to secure the best coverage options for clients.
• Identify and assess client risks to provide expert guidance on coverage options.
• Act as a liaison between retail agents and insurance carriers, ensuring seamless communication and efficient processes.
• Prepare and deliver proposals, presentations, and related documentation.
• Stay updated on insurance industry trends, products, and regulations to provide informed advice and remain competitive in the marketplace.
• Collaborate with internal teams, including underwriters and account managers, to ensure exceptional client service.
• Monitor and manage client accounts to ensure accuracy, compliance, and satisfaction.

Qualifications/Requirements

• Proven experience in a similar role as a Wholesale Broker or Producer.
• Active and in-good-standing brokerage license, as per regulatory requirements.
• Strong understanding of the insurance industry, marketplace, and various coverage lines.
• Excellent relationship-building and communication skills.
• Ability to work in a fast-paced environment while managing multiple accounts and deadlines.
• Self-motivated, with a demonstrated ability to meet or exceed sales targets.
• Proficiency in industry-specific software tools and CRM platforms.
• Bachelor's degree in Business, Finance, or a related field (preferred but not required).

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.