What are the responsibilities and job description for the Commercial Insurance Marketing Manager/Placement Specialist position at QUAD, a SolomonEdwards Company?
Title: Commercial Insurance Marketing Manager/Placement Specialist
Location: New Brunswick, NJ (HYBRID)
Compensation: $140,000k - $150,000k bonus
Summary:
Our client, a nationally recognized Top 50 P&C Broker has a need for a Commercial Insurance Marketing Manager/Placement Specialist to join their team. Position is based out of their New Brunswick, NJ office (3x a week in office) but could also sit out of their New York, NY office as well. You will be responsible for carrier relationship management and providing an in-depth analysis as well as underwriting for all incoming new business submission and remarkets. Position will report to Chief Placement Officer.
If interested, please send resume to sschneider@solomonedwards.com – All resumes will be held confidentially and nothing will be shared with anyone without your consent and approval.
Responsibilities:
- Carrier relationships management and providing an in-depth analysis and underwriting for all incoming new business submission and remarkets.
- Produce and monitor various monthly reports to ensure all new business has been addressed in a timely manner, including post-binding activities, team members open items, workloads, and backlog.
- Perform periodic quality audits, when necessary.
- Negotiate coverage/premium on quotes with carriers.
- Provide technical expertise in coordinating the service of new clients. Includes sales, account development, and problem solving.
- Contribute information and ideas during strategy meetings.
- Occasional outside visits to prospects as needed.
- Work closely with sales associates to understand prospect’s commercial lines insurance needs.
- Develop submissions to carriers and obtain quotes.
- Negotiate terms with carriers on prospect’s behalf.
- Finalize the marketing process and prepare appropriate proposal presentations.
- Bind coverage for clients and execute client onboarding process.
- Develop relationships with carrier underwriters and representatives.
- Serve as technical expert on market trends, pricing practices, and other underwriting policies.
- Maintain a high degree of accuracy in agency management and document management systems.
- Keep current with industry, new product information, legislation, coverages, and technology.
Qualifications:
- Property & Casualty, Commercial Lines licensed at least 5 years in either NJ or NY markets.
- Strong knowledge in commercial lines servicing experience including remarketing and new business placement.
- Expertise in Middle Market Accounts, Specialty P&C Market Segments including Surplus Lines
- Strong functional knowledge of Excel specific to creating, formatting, and evaluating formulas and working within spreadsheets. Must be proficient in Excel, Word, and other MS Office products
- Applied/Epic or similar agency management software experience, preferred.
The specific compensation for this role will be determined based on the education, experience, location and skill set of the individual selected for this position.
SolomonEdwardsGroup, LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, or protected veteran status.
SolomonEdwardsGroup, LLC adheres to the California Consumer Privacy Act (CCPA). Your privacy is important to us, and we never sell your data to third parties. Personal information is only collected to match applicants with job opportunities. For more information on your rights, click here: https://solomonedwards.com/privacy-policy/#ccpa
Salary : $140,000 - $150,000
