Commercial Insurance Broker

Seeking a SR AE/SR Construction or Architects & Engineers Broker working for a national privately held top 10 broker in the nation. This role can be housed hybrid in Alpharetta, GA, Manhattan, NY, Jersey City, NJ, Chicago, IL or St. Louis. (Fully remote is a option but this would have to be the perfect fit)

The Senior Broker’s main functions are to provide day-to-day customer services including completing ad hoc projects as needed, responding to client questions, providing insurance program design and risk-related consulting advice, and negotiating and implementing clients’ insurance programs. Brokers communicate frequently with clients and provide day-to-day supervision over the coordination and execution of all facets of both the account service plan and routine transactions.

WHAT YOU’LL DO:

• Support team by helping lead new business opportunity efforts and existing client renewals
• Prepare and present renewal results to clients
• Review documents for client pre-renewal and renewal meetings prepared by the Account Specialist
• Coordinate all pre-renewal work completed by other team members such as the renewal information kit prepared by the Account Specialist
• Execute agreed upon strategy established at the pre-renewal meeting and brokering of renewals, including:
• Manage the timeline established during the pre-renewal meeting
• Send submission with coverage specifications
• Negotiate options with underwriters and key wholesaler partners (in the US and London)
• Negotiate coverage enhancements and review quotes
• Broker all lines of coverage, including group captives
• Confirm compliance or exceptions to requested coverage
• Complete and/or review renewal report (including coverage and rating analysis and other benchmarking and analytical functions)
• Participate in meeting to present renewal terms/options to the client
• Sign off on renewal billing and monitor endorsement requests and policy delivery to clients; oversee completion and delivery of clients’ post-binding documentation
• In coordination with the Account Specialist, review all renewal documents including: Binders, Confirmation of Coverage, Insurance program chart, Sagitta input, and Master Certificates including endorsements
• Broker is responsible for maintaining all files and electronic records per company policy.
• In coordination with Account Specialist, collect all policies and review findings after Policy Manager has completed the review of the policies.
• Build strong relationships with underwriters and clients.
• Provide risk review of contracts - insurance only v. indemnity v. full contract review
• Perform client training on a periodic or as-needed basis
• Review WC experience modifications for accuracy of data and classifications

WHAT WE’RE LOOKING FOR:

• REQUIRED: At least 7 years of insurance industry experience, including current experience brokering negotiations.
• MUST HAVE experience working with AEC (architecture, engineering, construction) industries and environmental-related policies and practices that go along with those lines of work.