Senior Associate Broker

Job Description

THIS JOB DESCRIPTION IS COMPREHENSIVE. HOWEVER, THERE MAY BE ADDITIONAL DUTIES WHICH MAY BE REQUIRED FROM TIME TO TIME.

Under the direction of the Manager, Broker’s Assistants, assigned Lead Broker(s), and other assigned supervisors perform a variety of responsible duties related to the solicitation and placement of insurance policies for Wholesure sub-producers. This is an hourly non-exempt position, consisting of administrative duties specifically related to holding a property and casualty license.

Essential Duties and Responsibilities                

• Take direction from Manager, Broker’s Assistants, and assist designated Lead Broker(s) in all aspects
• Take direction from Manager, Broker’s Assistants, and back-up other Broker’s Assistants
• Take direction from Manager, Broker’s Assistants, and support Sr. Broker’s Assistants as needed
• Assist customers (retail agencies) in handling of questions or problems
• Log in quote submissions
• Track submissions sent to broker markets
• Track submissions sent to binding market Underwriter
• Send out correspondence, such as confirmation of receipt of risk, finance letters, etc.
• Issue quote letters and or binder letters as required
• Set and handle suspense’s for required requested items, policies, etc.
• Ensure compliance with all binding market rules
• Discuss problems or potential problems with company underwriters, verbally or via email
• Compile all required documentation for the Policy Issuance Department for binding authority business
• Compile all required documentation for SLA filings on individual risks
• Send and request notice of cancellations on specific policies
• Order and review inspections
• Control audit endorsements, including payments, final dates for returning them to the insurance company for direct collection
• Perform other related duties as assigned

Education and/or Experience

• Required: High school diploma, current and active Property and Casualty Producer License. A minimum of 5 years P&C experience. Wholesale experience preferred.
• Preferred: Two or more years of college.
• Preferred: Two years of college and completion of some insurance courses, including but not limited to INS 21, CISR, AU, CIC or CPCU.
• Advanced knowledge of ISO Commercial General Liability form, preferred
• Advanced knowledge of differences in property forms between Basic, Broad and Special, preferred
• Advanced knowledge