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Renewal Broker

McGowan and Company
Wexford, PA Full Time
POSTED ON 12/12/2024
AVAILABLE BEFORE 1/31/2025

Pay commensurate with experience.

Job Title: Renewal Broker

Department: McGowan Wholesale Specialists

Manager: Rachel Staph

Status: Exempt

Summary:

The Renewal Broker’s primary responsibility is to manage the renewal process for existing insurance policies. They will work closely with clients, insurance carriers, and underwriters to ensure a smooth renewal process while maximizing retention rates and maintaining client satisfaction.

Essential Duties and Responsibilities:

  • Other duties, projects, tasks, and responsibilities as assigned. Production position that provides support to underwriters and brokers.
  • Issue binders and misc. forms.
  • Prepare statement of values and loss analysis.
  • Invoicing.
  • General correspondence with brokers and carriers including but not limited to ordering loss runs and requesting renewal information.
  • Pending follow up on specific account issues.
  • Insurance policy issuance and endorsement issuance for binding authority companies.
  • Develop strong, long-term relationships with brokers to add to a profitable book of business.
  • Negotiate terms and conditions with the carriers.
  • Recognize and create cross sell opportunities for other products.
  • Ability to travel to broker, carrier, and employer meetings.
  • Maintain PA Producer and PA Surplus Lines licenses.
  • Other duties, projects, tasks, and responsibilities as assigned.

Education and Experience:

  • High school diploma or equivalent (Required).
  • 1 year commercial Insurance experience (Preferred).
  • P&C License (Preferred).

Key Competencies:

  • Adaptable to learning various computer systems.
  • Excellent verbal and written skills.
  • Strong work ethic, reliable.
  • Detail oriented.
  • Ability to establish priorities and maintain consistent workflow to meet target dates.
  • Ability to work well with team and frequently collaborate with others.
  • Self-motivated and ability to work independently to complete assigned work.

Job Type: Full-time, 40 hours a week.

Schedule: 8:15am – 5:00pm, Monday – Friday

Location: 7000 Brooktree Rd Ste 305 Wexford, PA 15090-9478

Work Status: Hybrid

Benefits:

  • 401(k) matching.
  • Dental insurance.
  • Health insurance: Includes Vision Savings Pass.
  • Voluntary additional benefits: Life insurance, short-term disability, and long-term disability.
  • 7 paid holidays (8 days off in total).
  • Paid time off.

Job Type: Full-time

Pay: $1.00 per hour

Expected hours: No less than 40 per week

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off

Application Question(s):

  • What is your desired salary range?

Experience:

  • Commercial insurance: 1 year (Preferred)

License/Certification:

  • Insurance Producer License (Preferred)

Ability to Commute:

  • Wexford, PA 15090 (Preferred)

Ability to Relocate:

  • Wexford, PA 15090: Relocate before starting work (Required)

Work Location: Hybrid remote in Wexford, PA 15090

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