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Brown & Brown Insurance

Analyst, Brokerage Placement

Posted 2 days ago
$45000 - $55000 per year
2-5 years experience
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AI Summary

The Analyst is responsible for evaluating and processing insurance renewal applications by assessing risk and determining appropriate underwriting actions. They also develop retention strategies and provide exceptional customer service to resolve client inquiries.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Bridge Specialty Group is seeking an Analyst, Brokerage Placement

to join our growing team.


This position is on the Personal Lines Retention/Service Team within LocalEdge. This team within LocalEdge acts as Managing General Agent (MGA) to multiple carriers, with underwriting/binding authority.  The Personal Lines Brokerage Placement Analyst is responsible for evaluating and processing insurance renewal applications by assessing risk, determining appropriate underwriting actions, ensuring compliance with quality standards, collaborating with brokers, and continuously seeking opportunities for process improvement and market optimization.

  

How You Will Contribute:      

  • Assess risk, determine appropriate coverage and pricing, and determine renewal underwriting actions for personal lines insurance policies across multiple lines of business including home, auto, inland marine, umbrella, & other lines.
  • Develop and implement strategies to retain existing clients, including conducting policy reviews, identifying coverage gaps, and offering tailored solutions.
  • Maintains knowledge of all markets available to maximize opportunities to negotiate placements.
  • Provide exceptional customer service by addressing client inquiries via email or phone, resolving issues, and ensuring positive client experience.
  • Analyze client information and assess risk factors to make informed underwriting decisions (including accepting or declining risks based on own analysis of options).
  • Ensure all underwriting activities comply with Quality Control guidelines, company policies, industry regulations, and legal requirements.
  • Perform additional job functions/responsibilities as assigned.

Skills & Experience to be Successful:  

  • Bachelor’s degree in Business, Finance, Insurance, or a related field.  Related industry experience may be considered in lieu of degree.
  • Property & Casualty License and Surplus Lines License in resident state required within 45 days of start date.
  • Minimum of 3 years of experience in personal lines underwriting or a related role within the insurance industry.
  • Strong analytical and decision-making skills, excellent communication (including exceptional telephone demeanor) and interpersonal skills, and proficiency in insurance knowledge.
  • Detail-oriented, customer-focused, proactive, and able to work independently and as part of a team.

Preferred:

  • Relevant insurance certifications (e.g., CPCU, AINS) and/or prior Surplus Lines Industry experience preferred.

Physical Requirements Necessary on a Regular Basis:

  • Manual dexterity, arm and upper body range of motion sufficient for use of a keyboard, mouse and telephone 7-8 hours per day.
  • Speech and hearing sufficient for in-person and telephone communication 7-8 hours per day.
  • Vision sufficient for use of a computer monitor.
  • Ability to sit at a desk 7-8 hours per day.

  

About Us:    

Bridge Specialty Group creates a seamless way to connect the varying needs of our retail partners with the market clout and talents of our wholesale entities. Our more than 25 niche-focused brands reflect our deep experience and specialization in construction, general casualty, environmental liability, professional liability, health care, public entity, workers’ comp, property and personal lines.With more than 50 locations and more than 2,000 team members throughout the United States and Europe, Bridge has access to more than 200 standard and excess & surplus lines carriers that support our $7+ billion premium book.Our focus is on bringing the power of collective size and specialty to the wholesale brokerage marketplace. Bridge Specialty Group – aligning risk with greater reach. 

Pay Range

$45,000 - $55,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. 


Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

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