Ryansg
Inside Broker
Chicago - Illinois - Madison · Full-time
Sponsorship not specifiedDetected 6 hours ago
Account ManagementLead GenerationOutbound SalesCustomer SupportCommunicationUnderwriting
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Cap-exempt (no lottery)0
Sponsors this role0
Entry-level history0
PERM / green-card track0
Lottery odds40
Fits your clock70
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About the role
- The role is responsible for managing a broker's book of business in-house using deep knowledge of initial risk assessments to secure the best coverage and place it smoothly in the right market.
- They provide customer service, resolve client inquiries through efficient communication, and process routine and complex transactions accurately.
- Analyzes risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers.
Responsibilities
- Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
- Determines suitable insurance markets for quote requests, secures quotes, and manages the placement process according to broker and market agreements.
- Ensures lead generation through outbound calls, analyzes online and phone quote activity, and identifies opportunities to expand the business.
- Drives revenue development and growth of personal book of business through assigned sales targets.
- Partners with retail agencies and brokerage, acting as a key liaison between insurance markets and retail brokers and addressing their needs.
- Ensures meticulous account management by attaching and maintaining all necessary documents for the appropriate policy and account.
- Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities.
- How We Support Our Teammates
- The Inside Broker is responsible for assisting the Professional Liability Broker in developing, managing, and sustaining profitable business by providing high level technical expertise.
Requirements
- Bachelor's degree in Business Administration, Sales, Risk Management or related field.
- 1-3+ years of work experience in Wholesale Brokerage, Commercial Insurance Sales or Underwriting
- State P&C and/or surplus line license is required.
- Required Experience:
Compensation
- Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers' compensation, providing creative solutions to retail brokerage firms.
- Following base salary and bonuses, total compensation should meet/exceed $100k.
- The target salary range for this position is $78,750.00 - $78,750.00 annually.
- The pay range is subject to change and may be modified in the future.
Benefits
- Demonstrates knowledge of commercial insurance coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.
- Analyzes and negotiates optimal quotes terms for coverage and pricing and explains quote details to brokers to facilitate binding decisions.
- Participates in assigned educational courses, professional designations, and licensing programs
- Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions.
- In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
- Full-time roles are eligible for bonuses and benefits.
- For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
Equal opportunity
- Ryan Specialty is an Equal Opportunity Employer.
- We are committed to building and sustaining a diverse workforce throughout the organization.
- Please contact us to request an accommodation at HR@Ryansg.com
This listing is sourced directly from Ryansg's careers page and normalized into a canonical job model.