Wholesale Broker
About the role
Overview
We are seeking a driven, organized, and detail-oriented Wholesale Broker to join our growing team. In this role, you will play a critical part in maintaining and expanding our portfolio of clients, while collaborating within a dynamic environment. As a Wholesale Broker, you will leverage your knowledge in insurance and your experience as a Wholesale Account Executive to deliver exceptional service, build strong relationships, and drive success.
We are committed to fostering a workplace that promotes diversity, equity, and inclusion. We encourage candidates from all backgrounds and identities to apply, as we value the unique perspectives and experiences that enhance our team's capabilities and culture.
Responsibilities
1. Build and maintain strong relationships with retail insurance agents, carriers, and other key stakeholders.
2. Develop customized insurance solutions and offer expert guidance to meet the specific needs of your clients.
3. Secure new business opportunities and maintain a robust pipeline of leads to achieve revenue goals.
4. Act as a consultant to retail agents, providing them with expert insurance advice and insights regarding market conditions.
5. Negotiate terms and pricing with insurance carriers on behalf of clients to secure the most competitive packages.
6. Ensure timely and accurate processing of all insurance quotes, renewals, and endorsements.
7. Stay up to date on industry trends, regulatory changes, and emerging risks to better serve your clients and the organization.
8. Monitor and address any service issues to ensure client satisfaction and retention.
Qualifications
9. Proven experience in wholesale insurance or as a Wholesale Account Executive, or a related role.
10. In-depth knowledge of insurance markets, products, and coverage options.
11. Strong negotiation and communication skills with the ability to build trust and credibility with clients and carriers.
12. Highly organized with the ability to manage multiple clients, tasks, and deadlines efficiently.
13. Proficient in using industry-standard relationship management tools and software.
14. Analytical and detail-oriented with strong problem-solving skills.
15. A state broker/producer license or the ability to obtain one within 90 days of hire may be required, depending on the territory of operation.
16. A commitment to promoting diversity, inclusivity, and equity during all interactions, both internally and externally.
Day-to-Day
17. Collaborate with retail agents, underwriters, and team members to find and deliver tailored insurance solutions.
18. Conduct daily market analysis to explore competitive insurance options for prospective and existing accounts.
19. Engage in phone calls, emails, and meetings to address inquiries and provide updates to clients and carriers.
20. Prepare, review, and present quotes and proposals to retail agents in a clear and professional manner.
21. Track and report your progress against sales targets and identify opportunities for growth or improvement.
22. Provide support to retail agents in resolving claims, billing, or coverage concerns.
23. Contribute to team meetings by sharing insights, strategies, and market updates.
24. Participate in professional development and industry networking opportunities to stay informed and enhance your skills.
We believe in creating an environment where everyone feels empowered to contribute and grow. If you're ready to make an impact and bring your expertise to a progressive, client-driven organization, we want to hear from you!
Apply now and be part of a team that's shaping the future of wholesale insurance, one innovative solution at a time.
NRG is an equal opportunities employer committed to promoting a diverse and inclusive workplace. We oppose all forms of unlawful or unfair discrimination on the grounds of any protected characteristic. Our aim is to create an environment that encourages diversity, builds on individual differences, and responds equitably to the needs of all. We proactively take steps to fulfil our legal obligations, remove barriers, monitor for fairness, reflect the communities we serve, and enforce a zero-tolerance policy for breaches of our Equality and Diversity policy.
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Job Details
25. Posted: 2 months ago
26. Location: United Kingdom, Europe
27. Job Type:
28. Salary: £50,000 per year
29. Discipline:
30. Job Ref: 58349
Consultant
Nick Haggard
Recruitment Consultant - Insurance