At a Glance
- Tasks: Guide insurance placements and manage a profitable book of business while ensuring top-notch customer service.
- Company: Join a leading insurance brokerage with a focus on innovation and collaboration.
- Benefits: Competitive salary, relocation support, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to work on diverse projects and build valuable relationships.
- Why this job: Make a real impact in the insurance industry while developing your expertise.
- Qualifications: Experience in insurance, strong customer service skills, and proficiency in PC applications.
The predicted salary is between 43200 - 72000 £ per year.
Experienced level role that provides insurance carrier placement guidance and service to the field. Manage a profitable book of business. Maintain relationships with the field and partners to ensure smooth operation of brokerage business and high-quality customer service. Experience in reviewing, quoting and binding farm risks. The Wholesale Solutions Specialist will report to the Senior Manager, B&A Insurance Solutions Sales.
Primary Accountabilities:
- Provide expertise to facilitate the placement of accounts with admitted and non-admitted carrier partners/brokers or facilitates outbound marketing of select accounts.
- Provide consultation on a broad variety of commercial and personal lines coverages.
- Provide an expertise of carrier partner options for all coverages in their territory for the field agents.
- Oversee a book of business within a geographic territory.
- Place profitable business.
- Analyze submissions and make decisions based on individual risk characteristics, exposure analysis, hazard recognition and control.
- Based on insurance company authority levels, accepts, declines or modifies new and renewal business to provide a profitable book of business.
- Use underwriting guidelines to ensure compliance with authority levels and state regulation.
- Review relevant underwriting information for risks including applications, inspections, loss control recommendations, loss history, credit checks, D&B reports.
- Prices business according to insurance company underwriting and pricing guidelines.
- Handle new and renewal placement process, including rating or submitting to insurance company.
- This process also involves negotiating with sales/service team or company.
- Additionally, it includes obtaining updated customer information and preparation of presentation and proposal/quotation materials.
- Work with internal staff or carriers to resolve questions and issues related to applications or policies issued by our vendors or to obtain guidance on more complex coverages.
- Assist agents and staff with carrier information and general processes.
- Provide field management and agents with vendor product information and support in their sales efforts by an internal sales support team.
- Maintain relationships with brokerage and alliance companies to maintain high customer service standards.
- We may require you to complete other assignments or participate in projects based on skills, achievements, or experience.
Specialized Knowledge & Skills Requirements:
- Demonstrated experience providing customer-oriented solutions or service.
- Demonstrated experience using PC software applications (e.g., Internet Explorer, Outlook).
P&C licensed Wholesale Solutions Specialist in Farnworth employer: American Family Insurance
As a P&C licensed Wholesale Solutions Specialist, you will thrive in a dynamic work environment that prioritises employee growth and development. Our company fosters a collaborative culture where your expertise is valued, and we offer competitive compensation along with relocation support for eligible candidates. Join us to build meaningful relationships within the industry while managing a profitable book of business in a role that promises both challenge and reward.
StudySmarter Expert Advice🤫
We think this is how you could land P&C licensed Wholesale Solutions Specialist in Farnworth
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like American Family Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like American Family Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace P&C licensed Wholesale Solutions Specialist in Farnworth
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at American Family Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at American Family Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at American Family Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at American Family Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at American Family Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding American Family Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
