Insurance (Commercial Brokering Specialist)

3 weeks ago

London, Canada McFarlan Rowlands Insurance Brokers Inc. Full time

_McFarlan Rowlands Insurance Brokers offers a complete line of commercial, personal lines, life, disability, employee benefit plans and risk management services through our network of nineteen offices across Southwestern Ontario. We are able to offer a broad product portfolio and provide our clients with the best coverage at the most competitive prices and benefits that are unavailable to other brokerages. Our employees are committed to providing outstanding products and unsurpassed service that, together, deliver premium value to our clients._
- We offer a welcoming work environment, competitive compensation and group benefits package, matching in our Group RRSP, in-house seminars to satisfy RIBO requirements, a fitness credit, your birthday off, and a day off for community service of your choice._

Primary function of this position is to provide insurers with complete submissions and obtain quotes for Producers in a timely fashion. Maintain current knowledge of available markets and coverages and keep on top of ongoing changes in the marketplace.

**Key Responsibilities**:

- Responsible for the marketing of new commercial accounts for all branches.
- Receive, review and send new business submissions from Account Executives to appropriate insurers for quotes.
- Follow up with insurers on outstanding quotes.
- Negotiate with Underwriters to establish the best terms and conditions with respect to premium and coverage.
- Collaborate and cultivate relationships with Commercial Account Executives on the marketing of submissions.
- Establish contacts and cultivate relationships with Underwriters.
- Review quotes for accuracy and send to account executives.
- Track new business submissions received and new business bound.
- Remarket renewal business as required.
- Keep abreast of markets available in each line of business and keep producers and commercial staff informed of changes and new products in the marketplace.
- Research policy coverages and forms, making recommendations to producers and service staff.
- Maintain working knowledge of computer system as it relates to commercial clients and marketing.
- Special projects and additional duties, as required.

**Qualifications**:

- RIBO Licensed
- CIP, CAIB designation preferred
- Experienced in Commercial Insurance
- Experience in Underwriting is an asset
- Well-developed communication, organizational, negotiation and leadership skills
- Well versed in all aspects of commercial insurance with technical background in wordings and coverages
- Strong customer service skills; good written and oral communication skills; organized; attention to detail; team player

**Job Types**: Full-time, Permanent

**Salary**: $50,000.00-$70,000.00 per year

**Benefits**:

- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Tuition reimbursement
- Vision care
- Wellness program

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay

Work Location: In person

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