Palm Insurance Producer Job at Palminsurancemanagement in Clearwater

Description

The Producer is responsible for developing marketing and sales plans that generate opportunities, compose commercial package policies for closings, and manage current client base to ensure renewals are maintained. The position will also support core business objectives of Palm Insurance and work closely with the owners to exceed business goals.

The primary responsibilities consist of, but are not limited to :

• Assists in the development of the Major Business Objectives (MBO), Objectives, Strategies and Tactics.
• Develops, implements, and maintains sales goals which meets the forecasted premium volume and commission growth established in the MBO.
• Creates and maintains prospects.
• Pre-qualifies insurance prospects for insurability and quality of risk.
• Identifies the client’s insurance needs, gaps in coverage, and loss exposures (insurable and uninsurable)
• Obtains accurate information from prospects; including completing applications, supplemental questionnaires, risk surveys, and other related documentation in order to provide complete, comprehensive submissions.
• Conduct client and prospect appointments communicating proposals and renewals.
• Collect required deposits and premiums prior to bunding.
• Designs insurance programs and recommends appropriate insurance coverage to clients.
• Proactively reviews client’s insurance programs annually and makes recommendation. Participates in renewals by reviewing expiration listing to determine appropriate actions and collection of information to prepare renewal submissions.
• Maintain production reports and attend all sales meetings as required.
• Accurately documents client files and electronic files as to coverage discussions, quotes, declination, and coverage change or if declined.
• Maintain a concern for timeliness and completeness when interacting with clients, agency, and company personnel to minimize potentials for errors or omission claims.
• Follow agency Standards for Excellence and Best Practices procedures for processing and preparation of customer correspondence, certificates of insurance, binders, cancellation requests, insurance I.D. cards, and internal correspondence as requested ensuring that activities and follow-ups are set and the client file in the agency management systems are updated and consistent with the paper file.

MEASURES OF PERFORMANCE :

The Producer is deemed to have performed the requirements of the position satisfactorily when the following standards are met or exceeded :

General Competencies

Requirements

Qualifications

Schedule

#J-18808-Ljbffr