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Description

Property Broker in our Facultative Division oversees day-to-day placement and broking responsibilities for North American accounts including new business development; develops business relationships with producers and markets; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports; manages pro-forma analysis information and distribution; assists regional teams with RFP and new business proposal development, and performs other duties as assigned.

The Role:

+ Brokerage responsibilities for a book of new and recurring property exposures

+ Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers

+ Obtains and distributes information from client and/or producing office

+ Assists or may lead front end sales/RFP efforts

+ Negotiates contract endorsements

+ Prepares/oversees creation of proposals, submissions and quotes and binders

+ Design and prepare analytics/modeling material for clients and offices

+ Evaluates and develops coverage confirmation for review

+ Reviews certificates for accuracy and completeness

+ Sorts and distributes work assignments for developing brokers

+ Maintain and develop business relationships with client advocates, producers and senior underwriting contacts

+ Maintains knowledge of insurance carriers and their business practice

+ Participates in continuing education to maintain licensure and industry credentials

Qualifications

The Requirements:

+ Insurance broker’s P&C license will be well regarded, but not necessary.

+ Risk Management/Insurance degree will be well regarded

+ 2-5 years of Facultative Property experience preferred

+ Large account loss sensitive experience is required

+ Experience in claims analysis, Cat modelling, line setting and pricing will be well regarded

+ Demonstrated knowledge of core (re)insurance principles & provide explanation to clients

+ High level of Property coverage fluency

+ Demonstrated excellence in negotiation skills and influence skills are critical

+ Demonstrated ability in conflict resolution and selling skills are a plus

+ Attention to detail and process orientation

+ High proficiency with Excel formulas and spreadsheet creation/manipulation a plus

+ Understanding of required placement workflows

+ Self-starter/requires minimal supervision

+ Will seek guidance when needed

+ Solid presentation skills-written or oral

+ Enhancing client service skills

+ Ability to deal with difficult client situations

+ Demonstrates knowledge of insurance structures

EEO, including disability/vets