Insurance Business Development Manager
5 days ago
We are seeking a highly skilled Insurance Business Development Manager to join our team at Brown & Brown Canada. This exciting opportunity is perfect for individuals who want to build a rewarding career in the insurance industry.
About UsBrown & Brown Canada is a leading insurance intermediary that provides customized solutions to businesses and individuals across Canada. Our company culture values meritocracy, self-starters, and customer-centric approach.
Job DescriptionThis role involves preparing new business coverage analyses, retrieving applications, and placing bind orders with insurers. The ideal candidate will have 2+ years of experience in commercial lines insurance and hold a RIBO license. They must be proficient in Excel, Word, and Outlook programs, as well as EPIC - BMS systems.
Responsibilities:- Prepare New Business Coverage Analysis with different options for the Client Advisor (CA) to review and present to clients for binding.
- Retrieve applications and underwriter information from CA for new business submission to the market.
- Place bind orders with insurers once accepted by clients and approved by CA.
- Advise Technical Service Assistants (TSA) on instructions for invoicing and certificate issuance.
- Ensure all correspondence is attached and documented in the Business Management System (BMS).
- Hold bi-monthly New Business Meetings with CA's when needed if influx of outstanding information.
- Answer client questions regarding coverage and limits.
- Create and maintain schedules of insurance.
- Obtain signed finance agreements.
- Update Acord applications and order MVRs.
- Follow up with CA to ensure completion of the Insurance Coverage Review Checklist.
- Quote all lines of coverage as requested by the CA.
- May be requested to assist on remarketing of retention business.
- MUST HAVE 2+ years of insurance experience in Commercial Lines.
- RIBO license required.
- Minimum of high school diploma.
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions from carrier representatives, customers, and groups of employees.
- Knowledge of Applied, Excel, Word, and Outlook programs preferred.
- Excellent growth and advancement opportunities.
- Competitive pay based on experience: $70,000-$90,000 per year.
- Generous benefits package: health, dental, vision, etc.
- Employee Stock Purchase Plan.
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