Broker\Underwriter (Wholesale)

Job Overview

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Introduction: At Risk Placement Services, we are more than just a team - we thrive on collaboration, creativity, and tackling challenges head on. Our culture fosters an environment where every idea counts, and every individual's contribution matters. Step into a world of excitement and innovation as we work with top-rated carriers to design robust coverage for our clients. Unleash your potential and join our spirited team, where you will have the freedom to explore and the support to grow.

Compensation

Base pay range: $83,000.00/yr - $162,000.00/yr

How Youll Make An Impact

Risk Placement Services, Inc. is one of the largest Specialty Wholesale Insurance Brokerage firms in the US. We partner with top carriers to create comprehensive coverage for clients. Our team thrives on a culture of teamwork, creativity, and responsiveness.

Responsibilities

• Prospect for new business by actively networking and building relationships with Independent Retail Agents and Carrier Underwriters to achieve production goals.
• Build strong relationships with Specialty Carriers to ensure competitive pricing and access to coverage on various types of risk.
• Pre-qualify submissions and ensure focus on high probability sales opportunities, while following Carrier guidelines to maintain a profitable book of business.
• Develop and maintain deep expertise on insurance solutions for specific product lines, industry segments and business types.
• Analyze submissions from Retail Agents and quickly determine the best available Carrier, coverage, forms and premium.
• Gather information on client risks and determine potential areas of exposure RPS could also quote.
• Proactively stay abreast on relevant industry and market trends that impact underwriting guidelines, pricing and premiums.
• Ensure business partners understand RPS full range of risk solutions as their business needs evolve.
• May be assigned a support team to lead, train and oversee work product.
• Able to travel as needed.

Qualifications

Competencies:

• Detail-oriented; strong analytical skills and excellent communication and interpersonal skills.
• Business development skills. Builds relationships with Retail Brokers.
• Demonstrates appropriate urgency in driving towards production goals.
• Sets challenging revenue growth goals and develops and executes sales plans to ensure success.
• Leverages data and tools to identify client risks and develop a comprehensive insurance solution.
• Sets a high standard for responsiveness and commitment to meet the needs of Retailers and their clients.
• Conveys insurance and risk management expertise in ways that build trust, credibility and establishes RPS as the one source insurance provider.

Required

• Bachelor's degree and 5 years related work experience.
• Business Development and relationship management skills.
• Working knowledge of Microsoft Windows applications and Microsoft Office.
• Home state P&C license, or willing to obtain within first 90 days of employment.

U.S. Eligibility Requirements

• Submit an application and resume/CV online to be considered.
• 18 years of age or older.
• Willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation.
• Unrestricted work authorization to work in the US. Risk Placement Services, Inc. hires US citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. RPS will require proof of work authorization.
• Willing to execute RPS Employee Agreement or Confidentiality and Non-Disclosure Agreement which requires post-employment obligations relating to non-solicitation, confidentiality and non-disclosure.

Compensation And Benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Minimum core benefits include:

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave

Other benefits include:

• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program
• And more...

EEO Statement

Risk Placement Services, Inc. is a division of Arthur J. Gallagher and believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, color, religion, sex, age, veteran status, disability, national origin, or any other legally protected status. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, RPS will make reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business.