Management Liability Strategic Marketing Analyst

Management Liability Strategic Marketing Analyst

Requirements

• Bachelor’s degree in Risk Management and Insurance, Business, Finance, or a related field preferred.
• A minimum of two years of experience in an insurance carrier, brokerage, or consulting firm.
• Ability to communicate and negotiate effectively.
• Ability to independently analyze and work with high-volume, complex, detail-oriented material on a continuous basis.
• Ability to exercise independent judgment and discretion in analysis and decision-making.
• Excellent negotiation skills.
• Good written, oral communication and analytical skills are essential.
• Supervisory skills and ability to effectively deal with people.
• Comfortable working at a varying pace, managing multiple deadlines, and adjusting priorities is required.
• High degree of self-discipline and motivation.
• Above-average mathematical, verbal and writing skills.
• Ability to understand and analyze commercial lines coverages, forms, and policies.
• Holds required and appropriate insurance agent’s license.

Responsibilities

• Effectively coordinate & communicate with Producers, Account Managers & Other Service Team Members.
• Analyze and interpret in force management liability policies to identify coverage discrepancies and opportunities to improve the current management liability program.
• Process & track new Broker of Record (BOR) letters.
• Using the Market Intelligence Database and with input from Production to determine Markets and strategy to pursue for the account placement.
• Identify, gather, and review the exposure information, inclusive of financial statements and historical claims experience, update the coverage specifications with any applicable updates from the TDD specifications, and work with Production to draft the submission and advise Team if further information or clarification is needed.
• Submit the risk to the marketplace ensuring carriers have all information they require and data is accurate and current.
• Participates in marketing negotiations including reviewing quotes and provide coverage comparison analysis.
• Independently analyzes and interprets policy coverages and endorsements compared to the coverage specifications and other quotes.
• Draft deliverables for the Proposal.
• Responsible for following all policies and procedures to ensure consistency and quality in all marketing efforts and the coverage revisions from each carrier.
• Serve as a liaison to Production, Account Management, and Technical Development for maintaining coverage specifications, management liability technical knowledge, and carrier relationships.
• Maintain templates to ensure work product is of consistent high quality.
• Support team members with development.
• Develop and maintain relationships with insurance company underwriters and partners.
• Using independent discretion and judgment updates renewal and new business underwriting submissions and marketing renewals.
• Develop market relationships with underwriters.
• Maintains Market Intelligence Database.
• Exercise independent discretion and judgment in the handling of the entire account marketing process.
• Pursue a program for personal and professional development.
• Attend continuing education related to Management Liability and Risk Management and complete your RPLU Designation within 2 years of start date.
• Attend meetings related to your position.

Preferred Qualifications

• Preferred candidate will possess a basic understanding of D&O, EPL, Fiduciary Liability, Crime and K&R coverages, exposure issues and insurance carriers.
• Experienced working with Underwriters and the insurance placement process.