Insurance Placement Specialist at North Risk Partners, LLC

Rochester, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

07 May, 26

Salary

98000.0

Posted On

06 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Insurance Marketing, Customer Service, Negotiation, Time Management, Attention to Detail, Communication, Collaboration, Problem Solving, Professional Development, Relationship Management

Industry

Insurance

Description

Description WHY NORTH RISK PARTNERS Are you interested in doing work that matters everyday with an organization intentional about building and living out a values-driven team culture? North Risk Partners is a fast-growing firm dedicated to serving the insurance and risk management needs of businesses and individuals. We provide expertise in Commercial Lines, Employee & Individual Benefits, Personal Lines, Surety, Claims, and Risk Management. Our team consists of over 450 employees working in over 30 locations across five states, including Minnesota, Iowa, North Dakota, South Dakota, and Nebraska. At North Risk Partners, our #oneTEAM lives out #oneMISSION: to provide extraordinary #service to our clients, to each other, and to our communities while living out our core values each day. Our team environments are designed to provide #oneTEAM members opportunity to focus on collaborative relationships (clients and team), variety from day-to-day, constant learning, and the tools and resources to learn and grow at work and in life. JOB SUMMARY This position is responsible for marketing to carriers and assisting Risk Advisors in quoting and writing new business. Insurance Placement Specialists work independently and effectively negotiate with our carrier partners to write new business using time management tactics to meet deadlines. This position is responsible for the marketing and placement of new commercial business. ESSENTIAL RESPONSIBILITIES Write new business in a quick, timely, and accurate manner Collaborate with Risk Advisors to determine markets and coverages needed Receive marketing applications for commercial lines accounts Validate and update information within received applications to ensure accurate carrier submissions Analyze and review quotes and coverages from carriers for accuracy Create and distribute marketing proposals to sales staff, and bind coverage as necessary Proactively manage the marketing process and meet deadlines to ensure client and Risk Advisor satisfaction Exercise independent judgment and discretion to meet client needs Transition new business accounts to the Account Manager and update internal systems to reflect accounts as sold and input clear directions to the Account Manager for smooth transition Enter activity and other relevant information into the company's software system(s) in accordance with company procedures Provide support and knowledge to sales and service staff throughout the marketing process Understand and promote value-added services available through North Risk Partners (i.e., professional consulting, webinars/seminars, communications, tools, etc.) Develop and maintain strong, positive relationships with carriers and company contacts Attend and actively participate in agency service training meetings Analyze trends and advancements in the insurance industry, as well as changes to the regulatory climate for businesses and the industry overall Follow all federal and state regulations and best practices for avoiding errors and omissions Mentor new marketing team members by guiding them on marketing methods while operating in alignment with company's mission and values Continue professional development by pursuing and maintaining professional designations Requirements QUALIFICATIONS (Knowledge, Skills, & Abilities) A combination of education and experience generally attained through a high school degree, bachelor’s degree, and a minimum of 5 years in the commercial insurance space Previous insurance marketing and/or insurance customer service experience is required Holds an active property & casualty license Excellent oral and written communication skills Ability to work in a fast-paced environment Self-starter who takes initiative to identify problems and lead by example Strong attention to detail, demonstrating the ability to prioritize tasks effectively BEHAVIOR EXPECTATIONS A role model for North Risk Partners’ core values, mission, and desired culture Demonstrate enthusiasm and a positive attitude Professionally and positively represent North Risk Partners to all coworkers, clients, and external stakeholders A team player who collaborates and works well with his/her coworkers A professional who demonstrates the ability to carry on a conversation with clients, Risk Advisors, and other coworkers within North Risk Partners PHYSICAL REQUIREMENTS Perform under normal office conditions; may include lifting/carrying objects weighing up to 25 pounds Twist, bend, stoop, kneel, squat, stand, walk, and reach frequently Hear, speak, and effectively verbally communicate in the English language, including following oral and written instructions to communicate with people inside and outside of the organization Sit and a desk for extended periods of time and perform long hours of work sitting at a computer Move around office/building/facilities repeatedly throughout the day Apply manual dexterity, visual acuity and ability, for computer keyboarding, office equipment uses, review of detailed reports, information, fine print, and warning labels Must possess valid driver’s license and be able to travel to different North Risk Partners locations for meetings, as well as various locations throughout the state and potentially the region for client meetings Able to work a flexible work schedule, including overtime and potential evenings/weekends for events and meetings as needed TOOLS AND EQUIPMENT USED Incumbents must be able to use telephones, calculators, copy machines, computers, printers, and other office equipment WORK ENVIRONMENT The work environment is primarily indoors. Exposure to a variety of weather conditions during work related travel and events held outside of the workplace will occur and I acknowledge that I have read, understood, and agree with the contents of this position description. I agree to use my best efforts to fulfill all expectations of the position. I also acknowledge that I am an at-will employee. This job description does not necessarily list all the job functions or accountabilities of the job. Employees may be asked by management to perform additional duties and tasks. Management reserves the right to revise and update job descriptions at any time. COMPENSATION AND BENEFITS The estimated base salary range for this full-time position is $75,000 - $98,000 annually, plus benefits. The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The hiring range represents the company’s good faith and reasonable estimate of the range of possible compensation at the time of posting. We offer a comprehensive benefits package, including health, dental, vision, short-term and long-term disability, life, long-term care, 401(k) plan, and more. North Risk Partners is growing which means your career can too. #oneTEAM members receive continuing professional education and development, volunteer time off, paid time off, paid holidays, and hybrid work opportunities.

Responsibilities

The Insurance Placement Specialist is responsible for marketing to carriers and assisting Risk Advisors in quoting and writing new business. This includes validating applications, analyzing quotes, and managing the marketing process to ensure client satisfaction.