Markets new insurance accounts that generate at least $2,500 in income, by gathering information from Producers and Account Executives, responds to inquiries regarding new accounts, negotiates premiums and terms with insurance carrier underwriters, prepares proposals, and binds coverage.
Follows up with insurance carrier underwriters to answer questions and solicit quotes for new business.
Must be able to manage a high level of insurance related information in a variety of formats and be able to identify appropriate carriers for unusual risks in a timely manner.
Negotiates premiums, coverages, terms and conditions for prospective clients.
Meets with insurance carrier underwriters and marketing personnel to develop business relationships in order to determine carrier's interest in various classes of business.
Sends new business submissions - applications, loss history, etc. - to appropriate insurance companies.
Follows company procedures with respect to all essential duties and responsibilities of the job.
Serves as a resource for Producers and Account Executives.
Must regularly work with customers, vendors, and co-workers.
Assists in executing marketing strategies and objectives.
Maintains marketing database including customer/prospect files.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
High school diploma or general education degree (GED); and six to ten years related experience and/or training; or equivalent combination of education and experience.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
To perform this job successfully, an individual should have knowledge of Contact Management systems; Database software; Internet software; Spreadsheet software and Word Processing software.