Associate Broker

BrokerGeneralFull TimeRemoteMid LevelTeam 1,001-5,000Since 2010H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

2 days ago

Salary

$60K - $75K / year

Seniority

Mid Level

No structured requirement data.

Job Description

Associate Broker

Ryan Specialty

Role Description The Associate Broker is responsible for ensuring the quality and efficiency of brokerage and delivering client service under the guidance of the broker. The role requires engagement with underwriters to secure optimal pricing for their clients and terms and identifies and resolves errors. They actively pursue new business opportunities and are committed to continuous learning and professional development. - Ensures quality control across all files, meticulously scrutinizing active and expired policies, endorsements, and documentation for accuracy, timeliness, and adherence to policies. - Drafts error free submissions to communicate coverage terms with underwriters under the guidance of the broker, weaving together technical insurance jargon with clear and concise client-friendly language. - Reviews, analyzes, and underwrites risks, rates submissions for premium and terms and analyzes exposures for quotes for new and renewal business. - Issues quotes and binders, processes new business to grow revenues and maintain retention and profitability. - Delivers customer service during the marketing of new and renewal business to underwriters and clients. - Possesses understanding of market dynamics and confidently negotiates pricing and coverage terms with underwriters, consistently securing favorable outcomes for clients. - Communicates corrections and clarifications in all policy documents to clients and underwriters, ensuring transparency with all stakeholders. - Forges collaborative relationships with clients, agents, and internal teams, encouraging open communication and a culture of trust that results in increased revenues and increased policy retention. - Develops a robust network of industry contacts, fostering mutually beneficial relationships that contribute to consistent sales pipeline growth. - Demonstrates a commitment to ongoing professional development by diligently completing assigned educational courses, professional designations, and licensing programs. Qualifications - Bachelor’s degree required in Business Administration, Sales, or Risk Management preferred. - 1 year of work experience in Wholesale brokerage, Commercial insurance coverages, Sales or Underwriting is preferred. Any other related discipline or commensurate work experience considered. Requirements - Must meet minimum requirements for state P&C and/or surplus line licenses. - Chartered Property Casualty Underwriter (CPCU) (Preferred), or Certified Insurance Service Representative (CISR) a plus. Benefits - Comprehensive and best-in-class benefits package. - Paid time off for company holidays, vacation, sick and personal days. - Paid parental leave. - Mental health services. The target salary range for this position is $60,000.00 - $75,000.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com.

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