What are the responsibilities and job description for the Associate Broker position at Burns & Wilcox Brokerage?
Responsibilities
Summary: When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. We are looking for candidates with an entrepreneurial spirit, drive for career advancement and desire to develop relationships to join our team as an Associate Broker. The Associate Broker will support Brokers with all job functions to learn the industry, business, and job responsibilities necessary for future growth as a Broker. Serving as in intermediary between the Retailer and the Insurance Company, they market, identify, solicit, and arrange appropriate insurance coverage for clients. The Associate Broker will drive new business to assist Brokers in meeting or exceeding production goals, as well as build strong, positive relationships to increase the reputation of Burns & Wilcox.
- Produce income by brokering specialty Property and Casualty lines of insurance
- Cultivate and maintain excellent client and agent relationships
- Develop solutions for individual risk placement as well as program business development
- Promote new business and/or renewal business to achieve production and market criteria
- Evaluate business or individual customers’ needs and financial status and propose protection plans that meet their standards
- Seek opportunities to access new insurance markets and products, negotiating the best terms and coverages available
- Prepare submissions for markets and secure quotes
- Supervise execution of company underwriting guidelines, corporate policy and procedures, and compliance with contract terms
- Assist broker with meeting or exceeding production goals as assigned by BWB
- Define and monitor successful sales and marketing strategies in cooperation with senior management
Qualifications
- 2 years of experience in the insurance industry
- Bachelor’s degree or equivalent combination of education and experience
- Insurance license is preferred
- Solid coverage, terms, conditions, and pricing knowledge related to management, professional, or cyber liability, plus current knowledge of market and industry issues
- Technologically savvy and data driven
- Ability to perform tasks in a stationary position throughout working hours
- Travel when necessary in order to foster strong client relationships
Benefits
- Competitive base compensation ranging from $60k-80k plus highly lucrative incentive bonus plan
- Employer paid continuing education courses and designations via access to Kaufman Institute
- Health and welfare benefits including medical, vision and dental
- 401K with employer match
- Paid vacation, sick time, and holidays
- Access to Kaufman Wellness Program
- Flexible and hybrid work options
About Our Company
Burns & Wilcox Brokerage, an H.W. Kaufman Group company, offers comprehensive solutions and expertise for difficult to place risks in a wide variety of categories including Property, Casualty, Professional, and Management Liability placements. The cornerstone of our parent company is centered on integrity, expertise and independence. These strengths form the foundation of the Burns & Wilcox Brokerage wholesale brokerage platform. Our priority is to deliver national solutions for complex risk placements with rapid response, consistency, and performance. Our success is defined by what we achieve on behalf of our clients.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, pregnancy, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Salary : $60,000 - $80,000