Risk Placement Specialist

Headquartered in Waterloo, Iowa, VGM is a 100% employee-owned company providing business and professional services to thousands of business customers across North America. Services include group purchasing, commercial insurance, management of healthcare services and networks in post-acute cases, healthcare distribution direct to patient homes, specialty consulting, online education, digital, print, and traditional marketing and more. VGM employs approximately 1,600 people across 40 states and Canada, with more than 1,100 working in Iowa. VGM has been named the Top Workplace in Iowa on multiple occasions and is proud of its role in the communities in which it serves. For more information visit www.vgmgroup.com.

VGM Insurance Services has provided Protection Beyond Policies for over 30 years. VGM Insurance offers industry-specific insurance products and risk management solutions nationwide for a variety of post-acute healthcare industries, as well as golf and hospitality markets. Learn more at www.vgminsurance.com.

Position Summary

The Risk Placement Specialist within VGM Insurance works in tandem with the Program Manager and Account Manager to support placement of new business agency business with VGM Insurance and its carrier partners. Primary responsibilities for the sales support role revolve around new business risk evaluation, supporting the sales efforts on gathering necessary risk information, obtaining quotes with agency partners, preparing comprehensive quote proposals, and assisting on bind requirements. Risk Placement Specialist must be willing to work in a team atmosphere with a desire to succeed.

A commitment to working successfully with others & a drive to accomplishing goals and objectives is crucial to success in this role. Our ideal candidate is a quick learner who demonstrates an excellent work ethic, pays close attention to detail to ensure accuracy, a high level of knowledge of commercial insurance products, and exercises effective problem-solving skills. One must also be able to follow instructions and adhere to deadlines as well as be detail oriented and committed to success. The right candidate should be self-directed and have the ability to manage multiple projects.

Responsibilities/Duties of the Job

• Support during the sales cycle through evaluation and gathering of all information to evaluate risk
• Communicate with external underwriters to obtain necessary quotes

• Obtaining business insurance quotes through navigation of insurance carrier websites and portals
• Navigating our agency management system to enter client, policy and coverage information.
• Understanding our insurance products, coverages, and limits
• Binding, issuing and invoicing insurance policies.
• Create new business proposal process
• Ensures that all regulatory, compliance and transparency requirements are met and complies with all internal policies and procedures

• Remarketing of risks with strategic carrier partners
• Proactively identifying upcoming renewals to remarket risks with strategic carrier partners
• Obtaining updated information for renewal quoting

Position Qualifications

Education/Experience:

• Associate degree desired, 4-year degree preferred.
• Previous insurance experience preferred, not required.
• Commercial Insurance License must be held in this position – if not currently licensed upon employment candidate is required to become licensed and pass all applicable exams.

Skills and competencies:

• Critical thinker with ability to solve complex problems through collaboration with internal and external stakeholders
• Organizational and time-management skills to handle multiple tasks and prioritize effectively
• Detail-oriented with the ability to manage and prioritize multiple tasks at once

• Strong written and verbal communication skills to effectively interact with internal and external customers
• Strong customer service focus
• Must demonstrate professional and ethical business practices, adherence to company standards, and a commitment to personal and professional development.
• Must be highly proficient in the use of personal computers and supporting software in a Windows based environment, including MS Office products (Word, Excel, PowerPoint)

Physical Requirements:

• Operation of office equipment and using technology efficiently such as computers, phones, misc. office equipment
• Visual abilities to include reading, distance vision and peripheral vision
• Occasional travel

This job description reflects the general duties of the job but is not a detailed description of all duties which may be inherent to the position. Reasonably related additional duties may be assigned to the individual Associate.

VGM Group, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.