SCL Reg Marketing Specialist
Location:
MA - Woburn
Apply nowGeneral Description: This position is responsible for independently managing the marketing/placement of new account opportunities (small business) with partner insurance carriers. Responsible for providing support to Select Commercial producers as a resource for negotiating carrier coverages and terms, preparation of proposals, and finalizing the placement/binding process.
Responsibilities:
- Responsible for establishing/maintaining a relationship with production team; obtaining pertinent information via the producer to obtain a quotation
- · Must be able to establish and maintain a strong relationship with carrier partners
- · Serve as a source of knowledge of appetite, market trends, pricing practices, contacts, and other underwriting policies
- · Take part in carrier meetings and share information with Select operations and sales
- Responsible for negotiating and selling the opportunity to carrier partners for interest; quote online via carrier rating tools or submit to underwriter. Collaborating with Team Lead when necessary.
- Responsible for completion of marketing summary outlining terms, rates, commission, bind order documents, and carrier responses including reason for declination
- Responsible for binding coverage with underwriters and finalizing the marketing process
- Responsible for complete and accurate documentation in agency management systems, marketing file of each account handled
- Required to perform essential functions; meeting service standards and best practices developed by USI
- Additional projects and duties as assigned.
Knowledge, Skills and Abilities:
- 3-7 years’ experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts
- · College degree and insurance designations (CIC, ARM, AAI, CPCU) preferred
- Ability to work in a fast-paced environment with minimal instruction, strong business acumen, and a high degree of frequency
- · Sales driven and solution oriented to help meet production and growth goals
- Ability to creatively and proactively problem solve and negotiate
- Sets priorities and manages workflow to ensure efficient, timely, and accurate work
- Informed regarding industry and new product information, legislation, coverages and technology to continuously improve knowledge and performance
- Knowledge of agency management system, workflow procedures, underwriting, sales and service processes
- Proficient in Word and Excel
- Strong written, oral and interpersonal communication skills
- Must hold state Property & Casualty insurance license or willing to obtain one within an agreed upon timeframe
- Maintain a cordial and effective relationship with production team, co-workers, carriers, vendors, and other business contacts; ability to work in a team environment
- Effective interactions/communications with others; cooperating purposefully and providing information, guidance, as needed, to achieve the business goals of USI
- Recognized as one of Insurance Business America’s Top Insurance Employers for six consecutive years (2018-2023).
- Named to Business Insurance’s annual list of the Best Places to Work in Insurance four years in a row (2020-2023).
- Recipient of the American Heart Association’s Gold Status for a maintaining a culture of health and well-being five years in a row (2018-2022).
- Visit our Awards and Accolades page for a complete list of industry awards and recognitions!
USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.
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