Commercial Insurance Specialist
2 months ago
**Commercial Insurance Specialist**
**About Foxquilt**
Foxquilt is a leading Insurance technology company focused on empowering small businesses and B2B networks to save on small business insurance with a digital-first approach. Foxquilt develops, underwrites and distributes a complete line of its own commercial insurance products in Canada and United States. The company uses a combination of data analytics and artificial intelligence to recommend the best insurance coverage and price to meet the individual needs of its small business customers.
**About You**
You bring at least 3 years of experience in an Insurance environment, and a minimum of 1 year focusing on Commercial Property & Casualty Insurance coverages, with a mindset to drive sales and help increase market share. You have strong interpersonal skills, a positive mindset, a willingness to learn and are a great team player. You have a customer-centric approach and previous experience delivering top-notch customer service.
**About The Role**
We are looking for a **Commercial Insurance Specialist** who can manage the marketing and placement of new inbound commercial insurance opportunities with carriers. As a Commercial Insurance Specialist, you will negotiate carrier coverages and terms, preparing proposals, and finalizing the binding process for commercial clients.
- **Location: Toronto based (hybrid work environment, 1-2 days in-office, 3-4 days remote)**_
As Commercial Insurance Specialist, you will provide:
Client Experience:
- Understand existing needs of clients and provide viable solutions based on products offered by Foxquilt
- Provide continual feedback about the clientele experience and their expectations to the Director, Insurtech Operations and leadership team based on existing market trends
Advisory and Consultation:
- Provide consultative service for Commercial clients, build and maintain relationships with existing clients base and prospective clients
- Maintaining current awareness, knowledge and understanding of market trends and appetites, pricing practices, contacts, and other underwriting policies to help present Foxquilt’s solution to clientele
**Education & Experience**
- Diploma / Post-Secondary Education
- RIBO license (preferred)
- 3+ years of insurance industry experience, preferably with a focus in commercial insurance.
- Sales experience (outside sales or inside sales representative, retail sales associate, or telemarketing) preferred
- Experience with Applied Epic and HubSpot is considered an asset
**Expectations**
- You have strong interpersonal and customer service skills, with an ability to listen, ask questions, and discover information important to the risk.
- You know how to organize your time effectively, and have the ability to work in a fast-paced environment with mínimal instruction.
- You are sales-driven and solution-oriented to help increase market share and drive company growth.
- You have strong business acumen and pay attention to detail
- You can creatively and proactively problem-solve and negotiate
- You proactively set priorities and manages workflow to ensure efficient, timely, and accurate work
**What do we offer?**
- Equity in Foxquilt (Employee Stock Options)
- Excellent extended health and dental benefits
- An extra day off on your birthday
- Casual dress code
- Volunteer Time Off
- Opportunity to work with a talented, supportive, & extremely diverse team
- Office in Downtown Toronto (at 1 Yonge Street) with a great view of the water
- Social events, regular celebrations of milestones, and birthdays
- Flexible work environment, with opportunities to work from home
- A place to grow and advance in your career
**Salary**: $55,000.00-$65,000.00 per year
**Benefits**:
- Casual dress
- Company events
- Dental care
- Employee assistance program
- Employee stock purchase plan
- Extended health care
- Life insurance
- Paid time off
Flexible Language Requirement:
- French not required
Schedule:
- Monday to Friday
Supplemental pay types:
- Commission pay
Ability to commute/relocate:
- Toronto, ON M5E 1E5: reliably commute or plan to relocate before starting work (required)
Licence/Certification:
- RIBO License (required)
Work Location: Hybrid remote in Toronto, ON M5E 1E5
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