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About the Role
The Placement Specialist - Financial Lines Broker serves as the primary marketplace contact, coordinating parties to align agendas, appetites, and goals. This role requires travel and engagement at industry events. The specialist is accountable for all broking activities, leveraging industry expertise to drive revenue growth and innovation.
Responsibilities
- Provide coverage and program design advice and expertise directly to clients and through Client Advocates and Producers
- Conduct pre-closing insurance due diligence for private equity sponsors, identifying material coverage deficiencies across existing programs, and structure and negotiate post-closing insurance programs
- Support Producers in new business development – provide knowledge and expertise about market dynamics, exposures and insurance solution related to private equity and alternative asset mangers’ exposures
- Draft and negotiate manuscript policy language with insurance carriers and coordinate process with clients’ in-house and outside counsel
- Arrange and manage underwriting meetings for both new and renewal business
- Preparation and finalization of quotes and coverage confirmations to ensure contract certainty
- Market renewal and new business opportunities and present proposals to clients
Requirements
- Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
About the Company
- We know how companies can unlock potential through effective risk management.
- Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how.
- The result is a new way of embracing risk that drives superior results.