Who We Are:
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
Summary: Provide support to broking team members and contributes to strategic recommendations, problem solving, and solution development for prospects and clients. Develops a comprehensive understanding of prospect and client risk profiles and exposures and acts to cultivate and maximize insurance market interest leading to the development of effective risk financing and risk transfer solutions. Focuses on tailoring required coverage, terms and conditions, and developing the appropriate program architecture and design.
This is a full-time position. We offer the flexibility of a hybrid schedule with at least 3 days per week in our Plainview, NY office.
Essential Duties and Responsibilities include (but are not limited to):
- Participate in the analysis of clients’ or prospects’ existing programs and ensure requirements. Review current policies and formulate recommendations for customized risk solutions
- Supports the negotiation with insurance carriers; to help drive financial and non-financial outcomes that support organic revenue development and retention.
- Supports placements are handled according to NFP’s service model standards and timelines, utilizing carrier portals/rating systems
- Support the team in developing client/prospect diagnostics – working at the direction of the Broker or Senior Broker to complete a total program assessment, including total cost of risk, service deliverables, and opportunities for multi-faceted program improvement
- Assist in timely production of required documentation and follow-up, ensuring timely flow of materials
- Assist team members with proposal development for existing and prospective clients
- Respond to client queries and concerns to resolve issues promptly
- Review binders and policies to ensure terms and conditions are accurately reflected
- Attend client and carrier meetings with team; leading to refined and enhanced client communication and presentation skills
- Develop productive business relationships with key insurance underwriters and local NFP account teams
- Cultivate a thorough understanding of markets to better assist the broking team
- Execute on NFP’s broking strategies, including strategic carriers, panels, and preferred wholesaler utilization
- Develop and maintain a thorough knowledge of the insurance marketplace, and the various lines, products and services offered by various insurers
- Ensure client, broking and brokerage data files are maintained in a complete, organized and timely fashion
Knowledge, Skills, and/or Abilities:
- Strong written and verbal communication skills
- Ability to successfully interact with a variety of people
- Solid negotiation skills – ability to adjust approach to effectively drive optimal outcomes depending on different personalities
- Demonstrated ability to work independently and as part of a team
- Strong attention to detail, demonstrating reliability and accuracy
- Strong organizational skills with the ability to adjust to changing workload and priorities
- Able to coordinate resources and responsibilities
- Self-motivated with positive attitude and sense of urgency
- Detail-oriented with strong analytical skills, both quantitative and qualitative
- Demonstrated knowledge using Microsoft Office Suite
- Experience with Epic (agency management system) a plus
Education and/or Experience:
- Bachelor’s degree or equivalent preferred.
- Minimum one year or more of Commercial Insurance experience, retail brokerage or independent agency experience preferred.
- Working knowledge of carrier underwriting practices and processes preferred
Certificates, Licenses, Registration:
- P&C License required or obtained within 90 days of employment
- Advanced industry designation(s) (e.g. CPCU, CIC, ARM) a plus
What We Offer:
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $70,000 – $83,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives
NFP and You... Better Together!
NFP is an inclusive Equal Employment Opportunity employer.
