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Brown & Brown Insurance

Analyst, Brokerage Placement - Wholesale, Farm and Agribusiness

Posted 4 days ago
$51000 - $53000 per year
2-5 years experience
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AI Summary

The analyst will evaluate new and renewal insurance submissions while negotiating coverage terms and maintaining meticulous underwriting files. They are also responsible for cultivating strong relationships with agents and carriers to drive profitable growth and meet production goals.

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 – Wholesale, Farm and Agribusiness to join our growing team!

  

The Brokerage Placement Analyst will provide the “running start” for the brokerage team. Research opportunities will allow you to refine your analytical skills and provide ground-level support to agent and carrier consultations to drive growth.

  

How You Will Contribute:  

  •   Review and evaluate new business and/or renewal submissions for acceptability, ensuring alignment with multiple company guidelines. 

  • Negotiate coverage terms and requirements with precision.  Provide timely issuance of quotes and bind policies effectively and accurately. 

  • Gather and maintain meticulous, organized, and complete underwriting files.

  • Ensure compliance with state regulations and surplus lines requirements. 

  • Cultivate strong connections with agents, internal teams, carriers, and external partners to identify profitable growth avenues.

  • Achieve team / individual production goals through developing a profitable book of business and strategically growing both policies in force and premium.

  • Skillfully communicate, both written and verbally, to all stakeholders a clear and concise message.

  • Research agency, carrier, and market data for informed decision making.

  • Address inquiries within established service level standards and exhibit underwriting expertise.  Educate agencies on carriers and products available in your area of expertise and guide agents beyond your focus area, referring opportunities as needed.

  • Meet the standards within the service level agreements and brokerage process requirements.  Ensure coordination of own work with broader team and business unit priorities.

Licenses and Certifications:   

  •    Active P&C and Surplus Lines licenses (or ability to obtain within 45 days).

Skills & Experience to Be Successful:  

  • Ability to identify, evaluate, analyze, and recommend solutions to insurance needs.

  • Acquire and maintain an understanding of and adhere to state specific statutes involving brokerage, applicable insurance laws and regulations.

  • Verbal and written communication skills to interact, influence, and negotiate with internal/external business partners.

  • Ability to learn job-related software.

  • Key proficiencies include product acuity, functional/technical skills, command and consultation skills, interpersonal savvy, negotiating, consulting, problem solving, drive results, handling and measuring work, and decision quality.

  • Ability to be flexible and adaptable to changing situations.

Preferred:

  • 2+ years of related insurance experience.  Will consider undergraduate degree in lieu of experience.

  • Undergraduate studies in business, risk management, or related field, degree preferred

  • Commercial Lines insurance experience preferred.

  • Professional designations such as CIC, CPCU, or equivalent.

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

$51,000.00 - $53,000.00 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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