About our Company:
Monarch E&S, a division of SPG Insurance Solutions (Monarch) is a rapidly growing, and successful property and casualty/personal lines insurance wholesaler and managing general agency based in Burbank, CA with branches in MA & FL. We sell exclusively to retail agencies across the country with a focus on small to mid-market E&S commercial and specialty personal lines risks.
About the Position:
Responsible for developing, managing, marketing, underwriting, and sustaining profitable business by providing high level technical and sales expertise with commercial insurance coverages for the clients of independent and retail insurance agents and brokerages.
Responsibilities:
- Builds cooperative and dependable relationships with independent insurance agencies and brokerages to create business placement opportunities.
- Develops and maintains underwriting and cooperative service relationships with insurance carriers by demonstrating in-depth knowledge of commercial insurance and underwriting guidelines, both in excess and surplus lines and standard markets.
- Recognizes acceptable business opportunities through underwriting pre-qualification process.
- Successfully negotiables market placements of new and renewal business.
- Meets and sustains targeted revenue goals.
- Coordinates resources to accomplish specific account objectives.
- Assumes ultimate responsibility for the successful completion of all account tasks and details on account portfolio.
- Motivates and educates co-workers, blending leadership and technical skills.
- Is knowledgeable of workplace laws and corporate policies and practices; maintains a fair office work environment.
Education, Work Experience, & Knowledge:
- Bachelor’s degree preferred; equivalent experience and knowledge considered
- Substantial and relevant experience in a commercial insurance brokerage or underwriting environment including wholesale brokerage experience.
- Demonstrated understanding of commercial insurance coverages and relevant forms for excess and surplus lines, understanding of both admitted and non-admitted markets.
- Trusted working relationships with carrier and markets.
- Highest level of customer relations, sales management and negotiating skills to effect profitable results.
- Highest level of interpersonal skills to facilitate team building and resource management.
- Proficient in Microsoft Office including Word, Excel, and Outlook.
- Ability to travel extensively. Must have and maintain a valid driver’s license.
Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $60,000 to $65,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.
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Department Underwriting Required Experience: 5-7 years of relevant experience Required Travel: No Travel Required Required Education: Bachelor's degree (4-year degree)HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.
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