Risk Placement Specialist – Commercial Lines

This is a fully remote position, open to applicants in California.

📋 Description

• Formulate and execute renewal strategies tailored to the risk profiles of both potential and existing clients, market dynamics, and carrier options.

• Collaborate with insurance carriers to negotiate advantageous renewal terms, encompassing premium rates, deductible amounts, and enhancements in coverage.

• Secure policies with the most appropriate carrier.

• Conduct thorough market research and analysis to pinpoint suitable insurance carriers and products that offer competitive pricing.

• Work in tandem with sales and service teams to ensure placement efforts align with overall objectives.

• Keep precise and comprehensive documentation of renewal policies, endorsements, and client details.

• Manage administrative responsibilities associated with policy renewals, which includes updating marketing spreadsheets.

• Identify opportunities to boost client satisfaction and retention through service, resolution of concerns, additional coverage options, and recommendations for risk management.

• Establish and nurture relationships with carriers, underwriters, and both internal and external clients.

• Ensure that renewals adhere to relevant legal and regulatory standards.

• Integrate innovative technology, including proprietary AI solutions, into the service process.

• Complete special projects and undertake other assigned responsibilities.

⛳️ Requirements

• A Property and Casualty License from the state of domicile is essential and must be maintained.

• At least 7 years of experience in supporting all risk placement initiatives related to both new and renewal business.

• A college degree is preferred.

• Preference will be given to candidates holding insurance designations (e.g., CPRM, CPRIA, CISR, CIC, CPCU).

• High proficiency in Microsoft Office Suite, particularly in Word, PowerPoint, and Excel.

• Ability to quickly learn and adapt to new technologies and software.

• Comprehensive understanding of commercial lines of coverage.

• Exceptional written and verbal communication skills, along with strong interpersonal abilities.

• Capability to manage multiple tasks and prioritize effectively to meet or exceed deadlines.

• Professional demeanor and polished communication skills for both virtual and in-person meetings.

• Strong analytical and mathematical competencies.

🏝️ Benefits

• Competitive pay.

• Family health and wellness programs.

• 401K.

• Employee assistance programs.

• Paid time off.

• Paid holidays.

• Opportunities for career advancement and development.

• Eligibility for a discretionary annual incentive program, subject to program rules and performance factors.