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Wholesale Broker

About Anzen:


The U.S. specialty insurance market encompasses many of the most challenging and complex insurance risks. Much of this market is still quoted and transacted by email, spreadsheet, phone, and PDF.


Retail insurance brokers across the U.S. rely on market making brokers-what the industry calls the wholesale market-to place much of this specialty insurance. Anzen is quickly becoming one of the preferred wholesale solutions for connecting retail brokers with underwriters using the latest technology. Anzen has built the only comprehensive data set to train AI to streamline market making for corporate risks of all sizes and types.


Anzen is a team of technology and insurance professionals with years of experience building enterprise software, insurtech, underwriting, and insurance distribution businesses. We partner with leading insurance carriers and retail brokers to deliver best-in-class specialty insurance solutions to SMB, mid-market, and public companies.


Anzen is looking for an experienced, talented, and self-motivated Wholesale Broker with a specialization in Management Liability, Cyber Risk, and Professional Liability. This is an exciting opportunity to join a dynamic industry team and build a book of business with the most advanced tools available. Grow faster with Anzen and help shape the future of insurance.


Essential Duties and Responsibilities
  • Cultivate and maintain strong relationships with retail brokers and agencies
  • Understand Executive Risk insurance needs and provide customized solutions to retail partners
  • Develop and implement sales strategies to achieve revenue targets while identifying new business opportunities 
  • Collaborate with Anzen marketing and distribution teams to cross-sell Executive Risk insurance products
  • Track Executive Risk insurance market trends and developments
  • Place insurance coverage with reputable carriers by negotiating terms and conditions while advising clients on risk mitigation strategies and best practices
  • Collaborate with internal teams, including underwriting, technology, legal, and product
  • Provide mentorship and support to junior team members


Qualifications
  • Bachelor's degree in insurance, risk management, business, or comparable experience
  • Active insurance licenses as required for the role
  • 3+ years of experience as a wholesale Executive Risk insurance broker with a deep understanding of client needs
  • Proven track record of successful client relationship management and business development
  • Strong knowledge of Executive Risk insurance products and market trends
  • Excellent negotiation, decision making, time management, and communication skills.


Extras
  • Professional certifications (e.g., RPLU, CPCU) are a plus
  • Previous experience with cutting-edge insurance technology or insurtech platforms
  • Proactive attitude towards continuous learning and professional development


Join Anzen and be part of a forward-thinking team, driving growth through technology and expert knowledge in Executive Risk, Cyber, and Professional Liability.


Anzen is committed to supporting a diverse and hard working team. We fully embrace remote work while encouraging in person meetings and time on the road with clients and team members. Los Angeles and San Francisco, California are the geographic headquarters of the company and schedules are oriented around Pacific Standard Time (PST).

Average salary estimate

$80000 / YEARLY (est.)
min
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$70000K
$90000K

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What You Should Know About Wholesale Broker, Anzen

Welcome to Anzen, where we're revolutionizing the wholesale insurance market! We're on the lookout for a talented Wholesale Broker who specializes in Management Liability, Cyber Risk, and Professional Liability. As a valued member of our remote team, you'll have the chance to leverage innovative technology to build and manage your book of business. Your primary responsibilities will include nurturing strong relationships with retail brokers, understanding their unique executive risk insurance needs, and crafting tailored solutions that make a difference. You'll be collaborating with our talented marketing and distribution teams to execute sales strategies that not only meet but exceed revenue targets. The ideal candidate will have a proven track record in the Executive Risk insurance space, boasting robust negotiation skills and demonstrating a keen understanding of market trends. At Anzen, we pride ourselves on our collective expertise and commitment to our clients. You'll have the opportunity to mentor junior brokers and work side by side with our underwriting, technology, and legal teams to maintain our high standards of service. If you have a proactive approach to learning and development and are excited about the future of insurance technology, then this position could be your next great adventure. Come join us at Anzen and help shape the future of specialty insurance while enjoying the perks of remote work within a dynamic and supportive team environment!

Frequently Asked Questions (FAQs) for Wholesale Broker Role at Anzen
What are the key responsibilities of a Wholesale Broker at Anzen?

As a Wholesale Broker at Anzen, your main responsibilities include cultivating strong relationships with retail brokers, understanding their executive risk insurance needs, and developing customized solutions. You'll also implement sales strategies to achieve revenue targets, collaborate with marketing teams for cross-selling opportunities, and negotiate coverage with reputable carriers while advising clients on risk mitigation.

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What qualifications do I need to apply for the Wholesale Broker position at Anzen?

To be considered for the Wholesale Broker role at Anzen, candidates should have a Bachelor's degree in insurance, risk management, or a related field, complemented by at least three years of experience as a wholesale Executive Risk broker. Active insurance licenses are required, and professional certifications like RPLU or CPCU are advantageous.

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How can I develop my book of business as a Wholesale Broker at Anzen?

As a Wholesale Broker at Anzen, you can grow your book of business by leveraging our cutting-edge technology and data-driven insights. Building strong relationships with retail brokers, understanding their needs, and providing tailored solutions will enable you to identify new business opportunities and foster lasting partnerships.

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What types of insurance does Anzen specialize in for the Wholesale Broker role?

Anzen specializes in Management Liability, Cyber Risk, and Professional Liability insurance. In your role as a Wholesale Broker, you'll focus on these areas, providing tailored insurance solutions and expert advice to retail brokers and their clients.

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Is the Wholesale Broker position at Anzen remote, and what is the work culture like?

Yes, the Wholesale Broker position at Anzen is fully remote. Our work culture embraces collaboration, support, and flexibility while ensuring that you're part of a dynamic team. We encourage in-person meetings and outings with team members and clients to foster strong relationships and maintain a sense of community.

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Common Interview Questions for Wholesale Broker
What attracts you to the Wholesale Broker position at Anzen?

When answering this question, share your enthusiasm for Anzen's innovative approach to specialty insurance and your passion for leveraging technology in the industry. Discuss how your previous experiences align with the responsibilities outlined in the job description.

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How do you approach building relationships with retail brokers?

Reflect on your relationship-building strategies. Emphasize the importance of communication, understanding their needs, and providing tailored solutions as key components of your approach. Give examples of successful partnerships and the value they brought to both parties.

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Can you explain your experience with Executive Risk insurance products?

Share specific details about your experience with Executive Risk insurance products. Discuss what types you've worked with, how you've delivered value to clients in this area, and how you keep up with market trends to provide informed recommendations.

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Describe a successful negotiation you've led as a Wholesale Broker.

Be specific about the context of the negotiation, the stakeholders involved, and the outcome. Highlight your negotiation techniques and how you reached a favorable agreement for all parties, showcasing your skills and ability to navigate complex discussions.

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How do you stay informed about market trends in the insurance industry?

Discuss the resources you utilize to stay current on industry trends, including professional associations, publications, webinars, and conferences. Mention your proactive approach to continuous learning, which adds value to your role as a Wholesale Broker.

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What strategies do you use to identify new business opportunities?

Talk about the various methods you employ to uncover new leads and opportunities, such as market research, networking, and leveraging technology. Explain how a proactive approach helps you consistently achieve your sales goals.

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How would you mentor a junior broker on your team?

Describe your mentorship philosophy and the key areas you would focus on, such as relationship management, product knowledge, and negotiation skills. Highlight the importance of providing constructive feedback and supporting their professional growth.

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What challenges have you faced in your role as a Wholesale Broker, and how did you overcome them?

Share a specific challenge you encountered, such as a difficult negotiation or a rapidly changing market, and explain the steps you took to address the situation. Highlight your problem-solving skills and resilience in the face of adversity.

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How do you balance your workload while meeting revenue targets?

Explain your approach to time management, prioritization, and organization. Discuss tools or techniques you use to ensure you stay focused on high-impact activities that drive business growth while maintaining a manageable workload.

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Why do you believe insurance technology is important for the future of wholesale brokering?

Emphasize the role of technology in enhancing efficiency, improving client communication, and providing analytics-driven insights. Discuss how you see it transforming the insurance landscape and why you are excited to be part of this evolution at Anzen.

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Anzen Solutions offers virtual banking services and web portal payment solutions for online businesses.

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Full-time, remote
DATE POSTED
January 14, 2025

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