What are the responsibilities and job description for the Sr. Associate Broker - Wholesale Insurance Brokerage - Property position at Brown & Riding?
Position Summary :
The SAB primarily assists the broker team by marketing both basic and complex submissions / accounts, servicing active and expired policy files, and meeting day-to-day needs of retail clients; all in accordance with established Brown & Riding values, goals, and procedures.
Essential Functions :
- Manage the marketing of both basic and complex accounts by preparing submissions, approaching carriers for quotes, and negotiating coverage; requiring little to no support from senior members of the team for all basic accounts and the majority of complex accounts / situations.
- Meet and exceed client expectations throughout the submission process by managing client coverage goals, priorities, and overall expectations.
- Solicit timely and substantive responses to submissions and effectively negotiate pricing and terms with underwriters, providing frequent and transparent updates to the client.
- Gather and develop complete loss summaries and analysis, as needed.
- Prepare high-quality, error-free submissions, and effectively present this information to underwriters both verbally and in written form.
- Identify and correct inconsistencies or errors in relevant documents and promptly correct / clarify the same with the client and / or underwriter.
- Ultimately responsible for the quality, timeliness, and accuracy of quotes, binders, checklists, and other marketing file documentation for accounts they handle or oversee.
- Meet quality measurement goals and procedures by following internal Quality Management System (QMS) standards.
- Ensure all transactions comply with regulatory requirements and company policies, maintaining accurate records.
- Facilitate clear communication of coverage terms and all other information between clients and underwriters, ensuring the delivered policy aligns with client expectations.
- Independently initiate, maintain, and enhance relationships with carriers, including regular in-person contact.
Other Responsibilities :
Education, Experience and Skills Required :
Work Environment
Important Note : This job description is intended to convey information essential to understanding the scope of the Senior Associate Broker role at Brown & Riding. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required. Management reserves the right to modify, add, or remove duties as necessary to meet business needs.
