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Entry Level Insurance Assistant

Company

Brown & Brown Insurance

Address , Morristown, 07960, Nj
Employment type FULL_TIME
Salary
Expires 2023-07-21
Posted at 11 months ago
Job Description
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Morstan General Agency is seeking an Entry Level Insurance Assistant for our Morristown NJ office. The Associate Broker will gain technical knowledge along with an understanding of internal processes and procedures necessary to be effective in a Broker or Binding Authority Underwriter role. The Entry Level Insurance Assistant is responsible for assisting in achieving incremental sales goals, along with participating in various training and educational opportunities.
WHAT YOU WILL DO:
  • Develop thorough understanding of internal operations to successfully extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement.
  • Process new business in a timely and efficient manner to grow revenues and maintain retention and profitability.
  • Develop the skills to interact with company and retail agent personnel in a diplomatic and knowledgeable manner in order to establish positive relationships, increase revenues and retain policies upon expiration.
  • Leverages mentorship relationship when marketing and meeting with retail agency customers to develop business and cultivate relationships in an effort to grow a book of business. Foster and improve relationships with other departments, producers, companies and competitors.
  • Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property. Requests additional information, if necessary, and accepts or rejects risks in conformance with company guidelines.
  • Develop relationships with insurance agents, brokers, and carriers by attending sponsored events, along with participating in internal and external sales meetings.
  • Must successfully complete and pass assigned educational courses, professional designations, and licenses courses and examinations.
  • Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
WHAT YOU WILL NEED:
  • Proficient with MS Office Suite
  • Exceptional telephone demeanor
  • Ability to maintain a high level of confidentiality.
  • Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience.
  • 0 - 2 years' experience in a similar position
Preferred
  • Working towards or holds valid broker license.
WHAT WE OFFER:
  • Excellent growth and advancement opportunities
• Competitive pay based on experience • Paid Time Off (PTO)
  • Employee Stock Purchase Plan
  • Generous benefits package: health, dental, vision, 401(k), etc.
#LI:Hybrid
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.