Placement Coordinator
First Insurance Group11 months ago
Omaha, NE, United States
Hybrid
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
FNIC is seeking an experienced Placement Coordinator to assist Producers in writing new business and retaining renewal business for accounts in our Commercial department. Maintaining and building productive relationships with carriers is essential in serving our clients' insurance needs. This is a Full-time role.
Key Responsibilities
- Review new and renewal business applications with producers for accurate completion of coverage areas, market identification, and submission requirements.
- Organize and submit applications in a professional manner to carrier partners.
- Be proficient on underwriting and rating platforms as required for department needs.
- Negotiate pricing, policy conditions, and terms with insurance companies.
- Analyze carrier options prior to proposing coverage for pricing and coverage accuracy.
- Prepare proposals, bind accounts, and update all areas of the agency management system and documentation per agency guidelines.
- Present professional and accurate insurance submissions to carriers and negotiate to secure the best coverages for the client's needs.
- Set priorities and manage workflow to ensure efficient, timely, and accurate processing of information.
- Maintain and file all documentation in the agency management system per guidelines and fully incorporate its capabilities into daily workflow.
- Keep abreast of industry and market trends as well as carrier appetites, and serve as a resource to other staff members.
- Develop productive and professional carrier relationships with partners through internal/external meetings and networking events.
- Demonstrate an understanding of Excess & Surplus lines markets and other broker/specialty markets.
- Follow agency and department procedures as outlined.
- Ensure confidentiality is maintained in the collection, maintenance, and dissemination of highly sensitive information, including Protected Health Information (PHI).
Required Qualifications
- Excellent verbal and written communication skills.
- Strong organizational and analytical skills.
- Strong sales and positive negotiation skills.
- Proficiency in Microsoft Office products (Word, Excel) and electronic mail systems.
- Proficiency in using office equipment such as computers, calculators, copiers, phones, and fax machines.
- Strong respect for confidentiality.
- Regular and consistent attendance.
- Ability to work independently and as part of a team.
- Ability to establish and maintain positive working relationships with employees at all levels, as well as clients, prospects, and vendors.
- Valid Driver's License.
- Resident Property and Casualty Agent's license.
- AAI or other similar designation.
- CIC or CPCU designation or willingness to pursue.
- High school diploma or equivalent.
- Three (3) to five (5) years of commercial Property/Casualty insurance experience.
Benefits & Perks
- Competitive Pay: We strive to pay our employees a competitive market compensation.
- Benefits: You’re covered with health, dental, vision, HSA with employer contributions, 401k, employer-paid short-term & long-term disability, and life insurance.
- Dress: Dress for your day — bring your whole self to work so you can be as comfortable as you are in your personal life.
- Flexibility: Enjoy a 37.5 hour work week, telecommuting options, and Freetsyle PTO to fit your unique needs.
- Wellness: Benefit from our in-office gym (Omaha, NE), workout classes available to remote employees, and mental health resources (EAP).
- Education: We provide tuition reimbursement to support your goals if you decide to go back to school or learn something new.
- Fun working environment: Enjoy frequent company outings, food days, and fun competitions in a lively atmosphere.
Compensation
$65,000 - $75,000 + bonus opportunity
Required Skills
Verbal Communication
Negotiation
Policy Submission
Time Management
Confidentiality
Written Communication
Organizational Skills
Insurance Underwriting
Microsoft Office Proficiency
Relationship Management
Analytical Skills
Attention to Detail
Sales