Commercial Lines Broker

Commercial Lines Broker

FirstChoice is growing! We are seeking a Commercial Lines Broker to join FirstChoice, a MarshBerry Company. We have a people first, fast paced, collaborative culture with plenty of opportunity for growth. MarshBerry has been successful in achieving growth objectives because the trust our clients place in our talented team of professionals, and all MarshBerry colleagues play a critical role in directly or indirectly cultivating those trusted relationships. MarshBerry provides an environment where employees can learn, improve and realize their career goals. We offer competitive benefits, hybrid work schedules, new challenges, and learning experiences.
Position Summary: FirstChoice is currently seeking a Commercial Lines Broker for our Richmond, Virginia office. The Commercial Lines Broker is responsible to market, quote, and bind new business, build and maintain mutually beneficial relationships with members and carrier underwriters, serve as liaison between members and insurance carriers, and provide excellent service to all FirstChoice members and partners. This is a hybrid position based out of our Richmond, VA office. The candidate will work onsite Monday through Thursday with the option to work remotely on Friday's. This individual will report directly into our Risk Placement Manager.
Responsibilities:
Review new business submissions and triage appropriately.
Identify the best opportunities as well as accounts to decline due to class of business, insufficient lead time, E&S or non-standard business, etc. within established procedures and timeline.
Market new and renewal business based on the applicant's risk profile and geographic location.
Prepare carrier-generated proposals and communicate results to members.
Proactively develop relationships with members in the assigned territory.
Work with Regional Sales Directors/Regional Sales Leaders to identify and capitalize on cross-sell opportunities.
Maintain knowledge of basic underwriting skills, insurance regulations, best practices, and carrier appetites.
Educate agents and insureds regarding insurance coverages, needs, and pricing.
Maintain a suspense system to proactively follow-up on quotes, member correspondence, and any outstanding items to bind policies and successfully close new business.
Maintain electronic files in an orderly manner as prescribed in the FirstChoice standard operating procedures.
Provide timely, courteous, and professional customer service to all FirstChoice members and partners.
Contribute to individual and team written premium goals.
Other special projects, tasks, or duties as assigned by Management.
Selection Criteria:
Bachelor' Degree in Finance, Business, or other related field or the equivalent of 8+ years' experience in commercial insurance.
Minimum of 5 years' experience in commercial lines insurance.
P&C license required.
Additional insurance designations or licenses are a plus.
Proficient with technology: CRM, Microsoft Word, Excel, and Power Point.
Knowledge of Applied Epic is a plus.
In depth knowledge of insurance coverages and carriers.
Drives for results: Consistently meets or exceeds expectations.
Customer service: Consistently demonstrates a "customer first" attitude.
Communication: Conveys information clearly and concisely in written and verbal form.
Prioritization: Organizes job duties. Meets deadlines.
Process oriented: Consistently follows procedures to ensure accurate completion of tasks.
Collaboration: Proactively seeks opportunities to work with peers and be part of a team.
Confidentiality: Maintains privacy of proprietary information in internal and external communications.
Accountability and Responsibility: Willingly accepts responsibility for the results of one's actions or behaviors.
Integrity: Upholds the highest ethical standards in one's behaviors and activities.
Ability to lift up to 25 pounds.
Working at MarshBerry:
MarshBerry practices The Collaborative Way which encourages employees to adhere to these five principles: listening generously, speaking straight, being for each other, acknowledgement & appreciation, and honoring commitments. We are committed to fostering an environment of Diversity, Equity, and Inclusion. We strive to educate our current and potential employees in these areas, while continuing to promote a welcoming and inclusive environment for all.
What We Do:
MarshBerry provides consulting services in the financial services industry primarily to independent insurance agents, brokers and carriers, as well as wealth and retirement plan advisors. Our services include but are not limited to financial, operational, sales management, merger and acquisition advisory, an agency network, peer-to-peer exchange and information services. We are recognized in the financial services industry for providing innovative and customized solutions to our clients, with whom we build trusted advisor relationships.
At MarshBerry, our mission is to help our clients learn, improve and realize their value. Our clients credit us for providing the vision, tools, and discipline to help them reach their strategic goals.