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Brown & Brown
Property BrokerBrown & Brown • Irvine, CA, United States
Property Broker

Property Broker

Brown & Brown • Irvine, CA, United States
30+ days ago
Salary
$85,000.00 yearly
Job type
  • Full-time
Job description

Broker Position

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 a Broker to join our growing team in Irvine, CA!

The Broker is responsible for evaluating, marketing, and placing commercial insurance risks through carrier and brokerage partnerships. This role reviews submissions for accuracy and risk exposure, develops quotes, issues binders, and ensures timely and compliant policy issuance. The Broker cultivates relationships with producers, retail agency clients, and carriers to grow and retain a profitable book of business. Additionally, this position provides training and guidance to support staff, contributes to process improvement, and collaborates closely with branch leadership on underwriting strategies and market development initiatives.

How You Will Contribute:

  • Examines such documents as application forms, inspection reports, insurance maps, and loss runs to determine degree of risk from such factors as ISO classifications, applicant financials, age, occupation, accident experience, and value and condition of property.
  • Reviews company records to determine amount of insurance in force on single risk or group of closely related risks and evaluates possibility of losses due to catastrophe or excessive insurance.
  • Brokers risks, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws. Secure payments on risks bound or written.
  • Review, analyze and qualify risks submitted by Producers, evaluate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes, and binders; possible use of inspection companies to obtain further information, quote rates, or explain company underwriting policies.
  • Develop and cultivate carrier and brokerage relationships to place specific risks and grow a book of business.
  • Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business.
  • Understand and extend Company facilities, brokering risks when required to successfully negotiate a placement; be responsible for your quote to bind activity & production results.
  • Service and perpetuate existing business, produce new business, and have a keen awareness of priorities.
  • Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy.
  • Provide guidance and training to the processors and assistants, to enable them to reduce the broker's clerical workload, and to develop basic brokering skills and techniques.

Licenses and Certifications:

  • P&C State licensed.

Skills & Experience to Be Successful:

  • Bachelor's degree (B. A.) from four-year College or university is desired or five years insurance experience, two years of which is as an underwriting assistant.
  • Proficient with MS Office Suite and paperless environment.
  • Exceptional telephone demeanor.
  • Experience with excess and surplus lines underwriting agency or company.
  • This position requires routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. Acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are a requirement of this position.

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

$85,000 - $125,000 Annual

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.

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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Property Broker • Irvine, CA, United States

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