| Insurance Broker Executive Job Description |
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| The following is a full job description for Insurance Broker Executive. Here are the requirements and responsibilities for Insurance Broker Executive along with statistics. If after reading this page you determine that Insurance Broker Executive is not the position you are looking for, you may want to try one of these similar titles: Insurance Broker Trainee, Insurance Broker, Insurance Senior Broker, Insurance Managing Broker, Broker Relations Representative, Claims Examiner I, Claims Examiner III, Claims Examiner II, Claims Examiner IV |
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| Requirements and Responsibilities For Insurance Broker Executive |
| Directs the marketing of customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Leads team to obtain and negotiate quotes from different carriers, meet profitability targets, drive customer satisfaction and retention. Ensures efficient operational processes. May lead the most complex accounts and deals. Has deep knowledge of complex insurance products and multiple lines such as commercial property & casualty, employee benefits, and others. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Requires a bachelor's degree. Typically reports to senior management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. |
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| Also referred to as: Insurance Placement Manager |
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| Similar Jobs: Insurance Broker Trainee, Insurance Broker, Insurance Senior Broker, Insurance Managing Broker, Broker Relations Representative, Claims Examiner I, Claims Examiner III, Claims Examiner II, Claims Examiner IV |
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| Level of Education: Insurance Broker Executive Salaries with No Diploma, Insurance Broker Executive Salaries with a High School Diploma or Technical Certificate, Insurance Broker Executive Salaries with an Associate's Degree, Insurance Broker Executive Salaries with a Bachelor's Degree, Insurance Broker Executive Salaries with a Master's Degree or MBA, Insurance Broker Executive Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Financial Services, Insurance | |
