What are the responsibilities and job description for the Marketing Director New Jersey position at Criterion Executive Search?
Expanding insurance agency is hiring for a Marketing Director to work hybrid out of the office in Atlantic City, NJ or the NJ side of Philadelphia office. P&C License and 10% local travel required. Client is looking for 5 years of Marketing experience in the middle market arena ($200-1 m. in premium). They work with just about all of the carriers.
Job Responsibilities :
- Follows up with insurance carrier underwriters to answer questions and solicit quotes for new business.
- Must be able to manage high level of insurance related information in a variety of formats and be able to identify appropriate carriers for risks in a timely manner.
- Negotiates premiums, coverages, terms, and conditions with insurance markets for prospective clients in accordance with carrier delegated underwriting capacity and appetite.
- Meets with insurance carrier underwriters and marketing personnel to develop business relationships in order to determine carrier’s interest in various classes of business.
- Prepares and sends new / remarket business submissions to appropriate insurance companies.
- Consults with Producers on markets for their risks, appropriateness of coverage structure, and negotiates pricing and coverage terms with carriers. Assists with pre-underwriting information gathering, coverage analysis, and proposal presentations if needed. Negotiates price and terms and have proposals prepared, bound and delivered to producers.
- Prepares proposals and binds coverage as necessary.
- Quotes submissions using online carrier rating systems. Maintains marketing database including customer / prospect files.
- Assists in executing marketing strategies and objectives.
- Assists in the analysis of lines of coverage and insurance company trends with the intent of maximizing opportunities for new business placement and customer retention. Plans and conducts market research to identify opportunities for increased sales.
- Other duties as assigned.
- Travel is expected to be 10% in this role.