Summary
The job is for an Associate Producer/Broker at USG Insurance Services, a national wholesale broker and MGA with offices across the United States. The role involves developing a book of business, maintaining underwriting files, and working with retail insurance agents to develop and submit business to target markets.
Requirements
- Knowledge and experience of property and casualty insurance including: coverages, rating, terminology and technical procedures. P&C license / E&S licenses are preferred, but not required
- Must be sales driven, ‘people person’ who likes to establish new relationships while learning communication strategies and sales methods
- Experienced in Word, Power Point, Excel, Outlook and Adobe Reader. Ability to quickly learn new programs and applications
- Skilled in business writing and problem/situation analysis
- Energetic, self-motivated individuals who are goal oriented and can thrive in a team environment
- Strong desire to learn and develop new skills
Responsibilities
- Maintain underwriting files including an understanding of policy reviews, inspection reviews, and endorsements
- Understand and be knowledgeable of markets and underwriting guidelines
- Solicit new business through various sales and marketing techniques and begin establishing relationships within a territory utilizing agency visits, telemarketing calls and cross selling
- Train and mentor under a successful Producer/Broker to work with retail insurance agents, develop and submit business to target markets for placement
- Build relationships with our in house rating and brokerage markets
- Assess new business submissions and negotiate terms, by selecting the markets that can provide the most coverage at the best price
- Follow submissions through the process, to assure quotes are provided in a timely manner and negotiate with all parties involved to reach an acceptable price
- Coordinate and handle administrative workflows in conjunction with support team(s) to establish accurate and prompt response to service issues
Preferred Qualifications
- 2-3 years of experience in a Production Assistant support role preferred
- 1-3 years of experience with a wholesaler is preferred
- Must have the desired career path to become a Producer/Broker within 1 to 2 years
Benefits
- Comprehensive Benefits Package including: Company-paid benefits: Short-Term Disability, Long-Term Disability, Basic Life, AD&D, and Team member Assistance Program, Medical, Dental, Vision, Life, 401K Retirement Plan, Flexible Spending Account, Dependent Care, Tuition Reimbursement, Producer Savings Bonus Plan
- A week of hands-on, in-person training to meet our corporate team
- Access to 24/7 virtual training through USG University
- Outstanding Company Holiday Schedule and Generous Paid Time Off Package
- Potential for exponential growth in the company
