Summary:
An Insurance Producer is a member of the brokerage team whose primary role is to solicit, market and bind new commercial P&C business and renewal accounts. A Producer uses independent judgment and discretion for their activities and is fully responsible for a variety of duties including, but not limited to, the following: fostering the growth of MGU carrier and retail relationships and assisting the MGU Director in complying with Brokerage Procedures and Guidelines.
Essential Duties and Responsibilities:
· Solicit, Market, Negotiate, Broker, and Bind accounts according to division Procedure Guidelines:
o Ability to work efficiently while still correctly handling all required tasks unsupervised.
o Ability handles all aspects of brokerage operations (including but not limited to processing, negotiating, communicating, tracking, etc.) independently.
· Demonstrate technical knowledge of concepts, terms, and overall policy knowledge.
o Policy comparisons.
o Conference calls.
o Involvement with claim advocacy if necessary.
· Maintain & cultivate ongoing partnerships with existing Carrier Partners.
o Build and strengthen carrier relationships by attending carrier functions, dinners, meetings, training, etc.
· Maintain & strengthen ongoing partnerships with existing Retail Partners.
· Work with and assist when needed with existing brokerage staff.
o Stepping in to assist brokerage staff with carrier placements, product knowledge, negotiations, etc.
o Mediate issues that may arise (with retailers and/or underwriters) among the brokerage staff as it relates to the placement of an account.
· Assist Managing Director:
o Provide input as it relates to Brokerage Staff Performance reviews.
o Participate in the expansion of Carrier & Product base.
o Assist in the review of Brokerage Procedure Guidelines / Best Practices.
· Follow all policies and procedures according to division Procedure Guidelines.
· Responsible for the sales of property & casualty insurance policies to new clientele.
· Work with Sales Support Manager to identify and contact prospects.
· Presenting and explaining insurance program to prospective client.
· Close sales and develop strong client relationship.
· Prepare status reports to show activity, closing, follow up and adherence to goals.
Education and Experience:
- Bachelor’s degree in a related field preferred.
- At least 2 years of experience in insurance industry.
- Indiana P&C license is required for this job.
- Must have valid driver’s license and ability to travel.
Key Competencies:
· Organization, time management, attention to detail and accuracy.
· Strong Computer Skills.
· Strong communication skills to establish relationships with customers, communicate company goals and objectives and meet with underwriting teams on strategy/tactics.
· Information management skills and confidentiality.
· Problem-solving skills and initiative.
· Teamwork.
Location: Indiana
Work Status: Full-time, Remote
Schedule: 8:15am – 5:00pm
Benefits:
· 401(k) matching.
· Dental insurance.
· Health insurance.
· Vision insurance.
· Voluntary additional benefits: Life insurance, AD&D, dependent life, dependent AD&D, short-term disability, and long-term disability.
· Negotiate vacation time/Paid time off.
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
- Work from home
Experience:
- Insurance sales: 2 years (Required)
License/Certification:
Location:
Work Location: Remote