Associate Broker - Wholesale Insurance Brokerage - MLPL
Brown & Riding, Seattle, WA, United States
Associate Broker - Wholesale Insurance Brokerage - MLPL
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This range is provided by Brown & Riding. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$70,000.00/yr - $85,000.00/yr
Position Summary:
The AB primarily assists the broker team by marketing basic submissions/accounts, servicing active and expired policy files, and meeting the day-to-day needs of retail clients; all in accordance with established Brown & Riding values, goals, and procedures.
Essential Functions:
- Manage the marketing of basic accounts by preparing submissions, approaching carriers for quotes, and negotiating coverage; requiring little to no support from senior members of the team for most accounts. Develop skills in marketing/handling complex accounts with assistance from senior team members.
- Meet and exceed client expectations throughout the submission process by managing coverage goals, priorities, and expectations with minimal input from the Broker and senior team members.
- Solicit timely responses to submissions and negotiate pricing and terms with underwriters, providing transparent updates to clients.
- Gather and develop complete loss summaries and analysis as needed.
- Prepare high-quality, error-free submissions and present this information effectively to underwriters verbally and in writing.
- Identify and correct inconsistencies or errors in relevant documents and clarify issues with clients and underwriters promptly.
- Ensure the quality, timeliness, and accuracy of quotes, binders, checklists, and other marketing documentation for handled accounts.
- Follow internal Quality Management System (QMS) standards to meet quality goals.
- Ensure all transactions comply with regulatory requirements and company policies, maintaining accurate records.
- Communicate coverage terms clearly between clients and underwriters, ensuring policies meet client expectations.
- Maintain and develop relationships with carriers, including some in-person contact, usually accompanied by senior team members or your broker.
Other Responsibilities:
- Provide training and guidance to Production Assistants and/or Production Associates to support their growth.
- Collaborate with the Broker to identify projects suitable for your skills and experience.
- Perform other duties as assigned by the broker or management.
Education, Experience, and Skills Required:
- 2 to 5 years of relevant insurance experience.
- Property & Casualty and Surplus Lines Licenses (as required by state).
- Strong organizational, follow-up, communication, and interpersonal skills.
- Analytical skills to define problems, interpret data, and draw conclusions efficiently.
- Proactive problem-solving approach, good listening skills, and willingness to support others.
- Intermediate negotiation skills to influence stakeholders.
- Ability to interact effectively with diverse personalities and communication styles.
- Flexibility to adapt to changing work demands and schedule.
- Ability to manage time independently to complete tasks.
- Intermediate proficiency in PC software (Word, Excel, etc.).
- Physical activities are within normal office expectations; movements are within your control.
- Normal vision requirements, correctable with glasses or contacts; no significant impact from color vision, peripheral vision, or depth perception.
- Work environment is mainly office-based; some travel may be outside in the elements as part of normal commute.
- Minimal risk of exposure to hazardous materials or conditions; protective clothing generally not necessary.
Seniority level
- Associate
Employment type
- Full-time
Job function
- Administrative, General Business, and Marketing
Industries
- Insurance and Wholesale