National Financial Partners Corp. Hunt Valley , MD 21031
Posted 1 week ago
Who We Are
NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We're a recognized Elite Agency award winner and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. NFP provides solutions enabling client success through the expertise of over 7,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. To learn more, please visit: https://www.NFP.com.
Summary of Role:
Provide support to broking team members and contributes to strategic recommendations, problem solving, and solution development for prospects and clients. Develops a comprehensive understanding of prospect and client risk profiles and exposures, and acts to cultivate and maximize insurance market interest leading to the development of effective risk financing and risk transfer solutions. Focuses on tailoring required coverage, terms and conditions, and developing the appropriate program architecture and design.
Essential Duties and Responsibilities:
Participate in the analysis of clients' or prospects' existing programs and ensure requirements. Review current policies and formulate recommendations for customized risk solutions
Effectively negotiate with insurance carriers; drives financial and non-financial outcomes that support organic revenue development and retention. Seize upon opportunities to creatively upsell and cross-sell, leading to greater client product density and expanded account margin
Ensure placements are handled according to NFP's service model standards and timelines
Support the team in developing client/prospect diagnostics - working at the direction of the Broker or Senior Broker to complete a total program assessment, including total cost of risk, service deliverables, and opportunities for multi-faceted program improvement
Assist in timely production of required documentation and follow-up, ensuring timely flow of materials
Assist team members with proposal development for existing and prospective clients
Respond to client queries and concerns to resolve issues promptly
Review binders and policies to ensure terms and conditions are accurately reflected
Attend client meetings with team; leading to refined and enhanced client communication and presentation skills
Present to local account executives, participate in RFPs, occasional client meetings and conference calls
Support the deployment of data and analytics to provide program insights for clients and the broking team
Develop productive business relationships with key insurance underwriters and local NFP account teams
Cultivate a thorough understanding of markets to better assist the broking team
Execute on NFP's broking strategies, including strategic carriers, panels, and preferred wholesaler utilization
Develop and maintain a thorough knowledge of the insurance marketplace, and the various lines, products and services offered by various insurers
Ensure client, broking and brokerage data files are maintained in a complete, organized and timely fashion
Knowledge, Skills, and/or Abilities:
Strong written and verbal communication skills
Ability to successfully interact with a variety of people
Solid negotiation skills - ability to adjust approach to effectively drive optimal outcomes depending on different personalities
Demonstrated ability to work independently and as part of a team
Strong attention to detail, demonstrating reliability and accuracy
Strong organizational skills with the ability to adjust to changing workload and priorities
Able to coordinate resources and responsibilities
Self-motivated with positive attitude and sense of urgency
Detail-oriented with strong analytical skills, both quantitative and qualitative
Demonstrated knowledge using Microsoft Office Suite
Experience with Epic (agency management system) a plus
Education and/or Experience:
Bachelor's degree or equivalent required
Previous brokerage or insurer experience preferred
Working knowledge of carrier underwriting practices and processes preferred
Certificates, Licenses, Registration:
P&C License required or obtained within 90 days of employment
Advanced industry designation(s) (e.g. CPCU, CIC, ARM) a plus
Schedule:
8 hour shift
Monday to Friday
Experience:
Work Location: Remote
What We Offer
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.
National Financial Partners Corp.