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Associate Broker
$60k-81k (estimate)
Full Time | Insurance 2 Days Ago
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Bridge Specialty Group is Hiring an Associate Broker Near Irvine, CA

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Hull & Company is seeking an Associate Broker. Works directly with an established broker under general supervision of operations leader & PCL. The individual's primary duties are to review insurance submissions & applications to evaluate, qualify & market individuals and groups for insurance by performing the following duties. Pay Range : $66,560-$110,000 WHAT YOU WILL DO: Examines such documents as application forms, inspection reports, insurance maps, and loss runs to determine degree of risk from such factors as ISO classifications, applicant financials, age, occupation, accident experience, and value and condition of property, Reviews company records to determine amount of insurance in force on single risk or group of closely related risks, and evaluates possibility of losses due to catastrophe or excessive insurance, Broker risks, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws. Secure payments on risks bound or written, Review, analyze and qualify risks submitted by Producers, evaluate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes, and binders; possible use of inspection companies to obtain further information, quote rates, or explain company underwriting policies, Develop and cultivate carrier and brokerage relationships to place specific risks and grow a book of business, Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business, Understand and extend Company facilities, brokering risks when required to successfully negotiate a placement; be responsible for your quote to bind activity & production results, Service and perpetuate existing business, produce new business, and have a keen awareness of priorities, Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy, Provide guidance and training to the processors and assistants, to enable them to reduce the broker's clerical workload, and to develop basic brokering skills and techniques, Foster and improve relationships with other departments, producers, companies and competitors, as well as close working relationship with binding/contract underwriting dept. to identify 'best fit' production opportunities, Work closely with Branch Leaders to improve your competence; submit production and marketing plans outlining new programs or methods of improving existing ones, Confer with the Branch Leader before underwriting or brokering unusual or unfamiliar coverages or manuscript forms, WHAT YOU WILL NEED: Bachelor's degree (B. A.) from four-year College or university is desired or five years insurance experience, two years of which is as an underwriting assistant. P&C State licensed. Proficient with MS Office Suite. Exceptional telephone demeanor. Experience with excess and surplus lines underwriting agency or company. Preferred: CIC, CRIS and CPCU candidate, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e., coverages, exclusions, conditions, and terms. WHAT WE OFFER: Excellent growth and advancement opportunities Competitive pay based on experience. Discretionary Time Off (DTO) Generous benefits package: health, dental, vision, 401(k), etc. Employee Stock Purchase Plan. We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$60k-81k (estimate)

POST DATE

07/03/2024

EXPIRATION DATE

07/31/2024

HEADQUARTERS

DAYTONA BEACH, FL

SIZE

<25

FOUNDED

2019

CEO

KATHY COLANGELO

REVENUE

<$5M

INDUSTRY

Insurance

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The following is the career advancement route for Associate Broker positions, which can be used as a reference in future career path planning. As an Associate Broker, it can be promoted into senior positions as a Sales Rep. (Bio-Medical Equip. & Supplies) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Associate Broker. You can explore the career advancement for an Associate Broker below and select your interested title to get hiring information.

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