Wholesale Producer/Broker

Jonus Group

Chicago (IL)

On-site

USD 70,000 - 110,000

Full time

9 days ago

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Job summary

Jonus Group seeks a Wholesale Producer/Broker to cultivate relationships with retail agents, deliver exceptional service, and drive growth by matching client needs with tailored insurance products. The role requires strategic, results-driven execution and collaboration with underwriters and account managers.

You will build a robust book of business, negotiate with carriers, and provide expert guidance on coverage options while staying current on industry trends and regulatory changes.

Qualifications

  • Experience as a Wholesale Broker or Producer in insurance.
  • Active brokerage license in good standing.
  • Strong relationship and communication skills.
  • Ability to handle multiple accounts and deadlines.

Responsibilities

  • Build and maintain relationships with retail agents.
  • Develop new business and grow the book through marketing and prospecting.
  • Negotiate pricing and terms with carriers for best coverage.
  • Identify client risks and advise on options.
  • Liaise between agents and carriers for smooth processes.
  • Prepare proposals, presentations, and documentation.
  • Stay updated on industry trends and regulations.
  • Collaborate with underwriters and account managers.
  • Monitor and manage client accounts for accuracy and satisfaction.

Education

Bachelor’s degree in Business

Tools

CRM platforms

Job description

Wholesale Producer/Broker
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.

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