Placement Specialist
Location:
KS - Overland Park
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.
- 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 managed
- Required to perform essential functions; meeting service standards and best practices developed by USI
- Additional projects and duties as assigned.
Knowledge, Skills, and Abilities:
- 2-5 years’ experience in Commercial Property & Casualty; a comprehensive understanding of all Property & Casualty insurance coverages, placement, underwriting and rating concepts
- 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
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USI is one of the largest insurance brokerage and consulting firms in the world. Something special is happening here with our more than 9,000 associates across the U.S. and abroad – and we invite you to learn more.
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The USI ONE Advantage ® allows USI to deliver unique solutions to our clients. This value proposition provides unmatched growth and opportunity for our associates and, at its core, represents a significant investment in our people.
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We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need. Our annual community service initiative engages associates in hands-on regional service projects helping hundreds of thousands of people each year.
Industry-Leading Associate Rewards and Recognition
In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day.
Committed to a Diverse and Inclusive Work Environment USI values diversity and is dedicated to ensuring a fair, diverse, and inclusive work environment for all. Our diversity and inclusion program, "I'm With U," advances these initiatives to champion our team members and the communities we serve.
Nationally Recognized as a Top Insurance Workplace
USI has been recognized as one of:
- The Top Insurance Employers by Insurance Business America five years in a row (2018-2022).
- Business Insurance's 2021 list of Best Places to Work in Insurance for the second year in a row.
- Forbes Best Large Employers in America (2018-2019).
- Ranked as one of Forbes Best Large Employers in America (2018-2019).
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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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