What are the responsibilities and job description for the Market Placement Specialist position at Choice Insurance?
Job Description
Job Description
Description :
The Commercial Lines - Market Placement Specialist is responsible for assisting Insurance Agents / Advisors in producing new business, implementing agency marketing plans and maintaining information on prospects, clients and companies which will support the agency marketing efforts. The Market Placement Specialist plays a key role in building and maintaining relationships with carrier and broker partners. Required to perform essential functions and meet service standards and Best Practices developed by Choice Insurance - A Vizance Company. This role will be onsite at our Golden Valley Choice Insurance location.
WHAT YOU WILL DO :
- Set priorities and manage analytical workflow to ensure efficient, timely and accurate creation of deliverables and other responsibilities.
- Assist with the development and implementation of marketing plans to meet agency goals
- Provide assistance to insurance advisors in developing and maintaining prospect lists and prospect information
- Work collaboratively with teams to analyze and develop a strategy for placement of coverage.
- Arrange & facilitate meetings with collaborators.
- Monitor market trends continuously to ensure the sale and profitability of commercial lines products
- Develops recommendations to advise clients on the best option that will meet their needs and to place and retain the business.
- Serve as key contact with insurance carriers for marketing coverage for new business quotes, including requesting quotes, evaluating, and conducting fact-based negotiation of rates and coverage features.
- Develop and maintain excellent carrier relationships.
- Participate in the peer review process, primarily as the reviewed party. May also have the opportunity to act as a reviewer for other analysts' work. Receives assistance and guidance from Commercial Lines Members.
- Responsibilities can also include an assigned book of business. Empowered to work closely within the day-to-day functions of the book including clear customer interaction.
- Assists clients with making coverages changes and completes all service work for clients.
- Maintains orderly electronic files and information, following agency standards.
- Other miscellaneous duties as assigned
- Develop insurance programs. based on Choice Insurance expectations and standards. Development may include but are not limited to :
- Rate and quote new risks within the underwriting authority of the Agency
- Assists producers with entering new business coverage information in an automated environment; submits applications to eligible and appropriate carriers; follow up to ensure timely receipt of quotations and policies
- Classification and Rate structure analysis
- Coverage Benchmarking and Claim Frequency Analysis
- Assist Advisors in developing and maintaining prospect lists and basic prospect information
- Develop and maintain marketing / pipeline information to help meet Agency performance goals
WHAT YOU WILL ENJOY ABOUT BEING AN ASSOCIATE :
Culture Alignment :
Choice Insurance - A Vizance Company is #PeopleFirst, insurance second.
People don’t need just another insurance agency. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and insurance together in our communities.
In contributing to our culture, Choice team members are guided by our core values.
Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.
Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work.
Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve . Be welcome at Choice. We can see you here.
Disclosure
This job description is intended to describe the general content of, and requirements for, the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees.
All employment at Choice Insurance, a Vizance Company is “at-will” employment. This position description does not create an employment contract, implied or otherwise.
Requirements :
WHAT YOU WILL BRING :
Salary : $50,000 - $70,000
