The Placement Specialist is responsible for advising the production team in the design of complex property insurance programs for clients, presenting hard to place submissions to market and negotiating to secure coverage that meets client needs. This position is responsible for maintaining strong relationships with key carriers.
Job Responsibilities & Duties:
Provides coverage and program design advice and expertise to production team
Provides knowledge to Producers about markets and products as they relate to classes of business
Provides technical analysis on policy, insurer quotes and binding documents.
Assists Producer in client meetings as requested
Prepares and submits proposals to carriers for complex or hard to place accounts
Receives quotes from carriers and negotiates for the best program for clients, provides coverage comparison
Oversees preparation and finalization of Carrier and Client quotes and coverage confirmations to ensure contract certainty
Communicates with production team regarding program improvements and recommendations
Assists in training of Assistant Placement Brokers