Ryan Specialty
Inside Broker - Casualty
New York - New York - 1166 Ave of Americas · Full-time
Sponsorship not specified$88k-$110kDetected 23 days ago
Account ManagementLead GenerationOutbound SalesCustomer SupportCommunicationUnderwriting
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.
Requirements
- State P&C and/or surplus line license is required.
Nice to have
- Bachelor's degree required, Master's degree preferred
- Business Administration, Sales, and Risk Management preferred.
- 5+ years of work experience in Wholesale Brokerage, Commercial Insurance Sales or Underwriting with a Bachelor's degree or 3 years of work experience with a Master's degree is preferred.
Compensation
- The target salary range for this position is $88,000.00 - $110,000.00 annually.
Benefits
- 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.
- 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
- Work Experience and Education:
Company info
- We are committed to building and sustaining a diverse workforce throughout the organization.
Equal opportunity
- Ryan Specialty is an Equal Opportunity Employer.
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