What are the responsibilities and job description for the Commercial Producer position at McGowan and Company?
Pay will commensurate with experience.
Summary:
The McGowan Companies is one of the oldest, largest, and most respected organizations of its type in the United States. As one of the leading insurance brokers and intermediaries, McGowan is dedicated to providing its 50,000 brokers and more than 1,000,000 insureds with superb service and competitively-priced, flexible, and creative products that dynamically respond to and capitalize on changes in the insurance marketplace.
McGowan is a multi-generational, family-owned and operated conglomerate of 50 insurance brokers, wholesalers, programs/program administrators, and reinsurance intermediaries. McGowan is privately owned and is not owned by private equity.
To learn more, Think McGowan TM and visit www.mcgowancompanies.com.
We are seeking to hire a Commercial P&C Producer in our newly opened Greenville, South Carolina branch. The Producer will be a member of the retail brokerage team whose primary role is to solicit, market and bind new commercial P&C business and renewal accounts. The ideal candidate uses independent judgment and discretion for his/her activities and is fully responsible for a variety of duties including, but not limited to, the following: fostering the growth of carrier and retail relationships and assisting the Managing Director in complying with Brokerage Procedures and Guidelines.
As a national Brokerage McGowan has access (direct and otherwise) to over 600 carriers and markets and can provide coverage to virtually any industry or class of business as well as all lines of business including General Liability, Property, Umbrella, Inland Marine, Professional Lines, Workers Compensation, Commercial Auto and others.
Essential Duties and Responsibilities:
· Solicit, Market, Negotiate, Broker, and Bind accounts according to division Procedure Guidelines:
o Ability to work efficiently while still correctly handling all required tasks unsupervised.
o Ability handles all aspects of brokerage operations (including but not limited to processing, negotiating, communicating, tracking, etc.) independently.
· Demonstrate technical knowledge of concepts, terms, and overall policy knowledge.
o CPCU/ RPLU Tests.
o Policy comparisons.
o Conference calls.
o Involvement with claim advocacy if necessary.
· Maintain & cultivate ongoing partnerships with existing Carrier Partners.
o Build and strengthen carrier relationships by attending carrier functions, dinners, meetings, training, etc.
· Maintain & strengthen ongoing partnerships with existing Retail Partners.
· Work with and assist when needed with existing brokerage staff.
o Stepping in to assist brokerage staff with carrier placements, product knowledge, negotiations, etc.
o Mediate issues that may arise (with retailer and/or underwriter) among the brokerage staff as it relates to the placement of an account.
· Assist Managing Director:
o Provide input as it relates to Brokerage Staff Performance reviews.
o Participate in the expansion of Carrier & Product base.
o Assist in the review of Brokerage Procedure Guidelines / Best Practices.
· Follow all policies and procedures according to division Procedure Guidelines.
Education and Experience:
- Bachelor’s degree in a related field preferred.
- Experience in insurance industry.
- Insurance license (P&C license required within 6 months of hire).
Key Competencies:
· Organization, time management, attention to detail and accuracy.
· Strong Computer Skills
· Strong communication skills to establish relationships with customers, communicate company goals and objectives and meet with underwriting teams on strategy/tactics.
· Information management skills and confidentiality.
· Problem-solving skills and initiative.
· Teamwork.
Location: Greenville, South Carolina
Work Status: Full-time (2 days remote, 3 days in-office)
Schedule: 8:15am – 5:00pm
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: 40 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
Experience:
- Insurance Industry: 2 years (Preferred)
Ability to Commute:
- Greenville, SC (Required)
Work Location: Hybrid remote in Greenville, SC