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Broker, Montvale

Jimcor Agency Inc.Montvale, NJ

$65,000 - $85,000 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Compensation
$65,000-$85,000/year
Benefits
Dental Insurance
Vision Insurance
Life Insurance

Job Description

Job Summary:

This position is focused on generating opportunities, client relationships and brokerage placements of their area of coverage specialty. Creates relationships with existing and new brokerage carriers, to negotiate terms and pricing with a high sense of urgency. Interacts with Companies and Brokers via telephone, e-mail, in-person visits, networking and regular mail.

Essential Duties and Responsibilities:

  • Develop client relationships to generate submission opportunities and a regular flow of business.
  • Review submission documents received to prepare additional information including; loss pics/summaries, loss stratifications, risk summaries, narratives, online research and requesting additional information needed from the client.
  • Select and market the risk, by line of coverage, to markets to negotiate terms & pricing.
  • Provide comparisons and illustrations to compare options and support client presentation process.
  • Utilizes knowledge of automated systems to develop information for new or renewal policies.
  • Prepares quotations for agents and answers inquiries from agents, policyholder, or prospects.
  • Reviews requests for cancellation, endorsements, etc.
  • Reviews policies for renewal consideration and remarketing.
  • Request additional documentation necessary for the processing of an application, endorsement or cancellation.
  • Conduct marketing visits to agents and attend industry events. 
  • Work with support associates, assistants and central processing to assure work is completed in a timely manor and with accuracy. This may include mentorship and guidance of the team member working with you on risks.
  • Performs other duties as assigned.

Qualifications/Requirements:

  • Must have Producer’s License.
  • 3 plus years of insurance experience.
  • Prior exposure to insurance brokerage type activities.
  • Basic familiarity with computers.
  • Good oral and written communications skills.
  • Strong analytical skills and the ability to pay attention to details.
  • A high sense of urgency.
  • Resourceful and controlled assertive behavior characteristics.
  • Must have demonstrated negotiation & sales skills.
  • Technical knowledge of insurance coverage forms and their application to exposure.
  • Knowledge of departmental regulations and policies.
  • Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices.
  • Strong interpersonal skills working with Staff and Company Underwriters
  • Experience in standard underwriting practices and procedures.
  • Associated classes or courses and/or industry license, or designation.
We offer a total compensation package which includes salary (range 65k-85k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance,  Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More. 

Visit Us On LinkedIn: https://www.linkedin.com/company/jimcor-agencies/

View All Openings: https://www.jimcor.com/join-our-team

Website: www.jimcor.com

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Submit 10x as many applications with less effort than one manual application.

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FAQs About Broker, Montvale Jobs at Jimcor Agency Inc.

What is the work location for this position at Jimcor Agency Inc.?
This job at Jimcor Agency Inc. is located in Montvale, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Jimcor Agency Inc.?
Candidates can expect a pay range of $65,000 and $85,000 per year.
What employment applies to this position at Jimcor Agency Inc.?
Jimcor Agency Inc. lists this role as a Full-time position.
What experience level is required for this role at Jimcor Agency Inc.?
Jimcor Agency Inc. is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Jimcor Agency Inc.?
You can apply for this role at Jimcor Agency Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.