What are the responsibilities and job description for the Insurance Business Development Manager position at The Agency?
The Agency is seeking an experienced Insurance Business Development Manager to join our team. This role will be responsible for managing client relationships, retaining renewals, and servicing new business in the commercial lines insurance market.
Key Responsibilities:
- Client Consultation: Engage with clients to assess their unique business risks and exposures, using independent judgment to recommend customized insurance solutions tailored to their specific needs.
- Client Advisory: Act as the lead advisor for clients on all day-to-day matters, escalating significant issues to the producer when necessary.
- Coverage Solutions: Present clients with various coverage alternatives, considering their operations, claims history, and market conditions, including options for deductibles, retention levels, and additional coverages.
- Carrier Relationships: Cultivate and maintain strong relationships with insurance carriers to ensure timely receipt of quotes, policies, and other necessary documentation.
- New Business Support: Collaborate with producers during the new business process, ensuring smooth transitions and assuming management of the account once coverage is bound.
- Renewal Marketing & Account Management: Lead efforts for renewals, ensuring all necessary actions are taken to successfully renew and round out accounts.
Desired Qualifications:
- 8 years of experience in servicing Mid- to Large-Market commercial accounts, ideally within a large brokerage setting.
- Strong technical knowledge of policy coverage, rating, and underwriting.
- Valid CA Property & Casualty (P&C) License.
- Willingness to commute to the office two days a week (Tuesdays and Wednesdays).
