SCL Reg Marketing Specialist

This position is responsible for independently managing the marketing / placement of new account opportunities (small business) with partner insurance carriers. Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement / binding process.

Responsibilities :

Responsible for establishing / maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation

• Must be able to establish and maintain a strong relationship with carrier partners
• Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies
• Take part in carrier meetings and share information with Select operations and sales

Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary.

Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination

Responsible for binding coverage with underwriters and finalizing the marketing process

Responsible for complete and accurate documentation in agency management systems, marketing file of each account handled

Required to perform essential functions; meeting service standards and best practices developed by USI

Additional projects and duties as assigned.

Knowledge, Skills and Abilities :

3-5 years' experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts

Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of frequency

Ability to creatively and proactively problem solve and negotiate

Sets priorities and manages workflow to ensure efficient, timely, and accurate work

Informed regarding industry and new product information, legislation, coverages and technology to continuously improve knowledge and performance

Knowledge of agency management system, workflow procedures, underwriting, sales and service processes

Proficient in Word and Excel

Strong written, oral and interpersonal communication skills

Must hold state Property & Casualty insurance license or willing to obtain one within an agreed upon timeframe

Maintain a cordial and effective relationship with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment

Effective interactions / communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI