Brown & Brown Insurance

Compensation

Full Description

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 Associate Broker to join our growing team! The Associate Broker Works directly with an established broker under general supervision of operations leader and office leader. The associate brokers' primary duties are to review insurance submissions and applications to evaluate, qualify and market individuals and groups for insurance. How You Will Contribute: Examine application forms, inspection reports, insurance maps, and loss runs to assess risk factors such as ISO classifications, applicant financials, age, occupation, accident history, and property condition. Review company records to determine the amount of insurance in force on single or closely related risks, evaluating potential losses from catastrophes or excessive coverage. Broker risks by ensuring the completion of required documentation, obtaining necessary quotes and binders in writing, issuing policies accurately, making state filings, and ensuring taxes are paid in accordance with state laws. Secure payments on risks bound or written to maintain proper financial controls. Review, analyze, and qualify risks submitted by Producers, evaluate submissions for premium and terms, and issue indications, quotes, and binders, utilizing inspection companies when necessary. Develop and maintain carrier and brokerage relationships to place specific risks and grow a book of business. Market and meet with retail agency customers to develop and cultivate relationships, fostering new business opportunities. Understand company facilities and broker risks when needed to successfully negotiate placements, managing quote-to-bind activities and production results. Service existing business, generate new business, and prioritize tasks to effectively manage workload. Train and guide processors and assistants, reviewing submissions for accuracy and completeness, and developing their brokering skills while reducing clerical workload. Licenses and Certifications: P&C State licensed. CIC, CRIS and CPCU candidate, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e., coverages, exclusions, conditions, and terms. (Preferred) Skills & Experience to Be Successful: Bachelor’s degree (B. A.) from four-year College or university (Preferred) 5 years insurance experience, 2 years of which is as an underwriting assistant. (Preferred) Proficient with MS Office Suite. Exceptional telephone demeanor. Experience with excess and surplus lines underwriting agency or company. Pay Range $75,000 - $80,000 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. 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”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.” While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers. If you are an existing Brown & Brown teammate, please click here to apply to a job on our internal career site.