Placement Consultant

Placement Consultant

Requirements

• Must be licensed as a Texas P&C Agent or able to obtain Texas P&C license
• Minimum of 4-6 years of experience in middle market Business Insurance
• Demonstrate ability to multi-task and prioritize work effectively
• Proficient at Sagitta, ImageRight, Word, Excel, and current internet technologies.
• Demonstrate proactive work style
• Ability to learn, analyze and comprehend various business lines of insurance.
• Demonstrate ability to service clients effectively through problem solving, appropriate confidentiality, and exercising diplomacy, sensitivity and tactfulness

Responsibilities

• Collaborate with the Service Team to ensure the following processes are completed
• Oversee and Manage the Process
• Act as the main point of contact for the Service Team during the insurance placement process to ensure smooth communication and coordination.
• Thoroughly review submissions to ensure accuracy and completeness.
• Familiarize yourself with account details to negotiate effectively.
• Schedule and conduct strategy calls with the Service Team and/or Advisor to align on goals and strategies for each account
• Prepare and submit all necessary documentation to the insurance market.
• Follow up with markets in a timely manner to ensure progress
• Engage with the insurance market to negotiate the best coverage, terms, and pricing for your clients.
• Explore creative solutions to meet client needs effectively
• Carefully review all quoted exposures, forms, terms, and conditions as they are received to ensure they meet client needs.
• Prepare and present quote comparisons to the Service Team and/or Advisor to support decision-making.
• Generate a professional final proposal with the best recommendation(s) for the client
• Finalize and complete bind orders once terms are agreed upon.
• Maintain Agency Management System and document the placement process
• Maintain ongoing communication with the Service Team throughout the insurance placement process to address any issues or changes promptly.
• Act as a collaborative member of the Agency to ensure superior service to all MMA clients.
• Attend Insurance Placement Team meetings as appropriate
• Collaborate with producers/account managers and other placement colleagues on market strategy for accounts
• Communicate the status of the Insurance Placement process and daily correspondence between the company, account executive, client, and producer
• Build and maintain strong working relationships within the insurance market
• Participate in carrier meetings to stay informed about current market conditions and appetites
• Treat clients, prospects, and company employees with courtesy and respect.
• Contribute to development and education of colleagues
• Support other offices/regions as needed
• Demonstrate the technical expertise required to maintain the Client Insurance Program and lead the insurance placement process
• Analyze insurance quotes and recommend terms and conditions
• Communicate and negotiate with insurance markets
• Utilize carrier online rating programs, as necessary.
• Maintain and develop knowledge of policy forms and endorsements
• Design insurance program for client based on defined needs
• Identify and address any coverage gaps with account service teams and insurance markets
• Become a subject matter expert and resource in areas of interest or technical capability

Preferred Qualifications

No preferred qualifications provided.