Job details

Associate Broker

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Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We are Seeking a Associate Broker to join our growing team in Metairie, LA.

The primary responsibilities of this position include reviewing new and renewal applications to evaluate difficult and/or complex Excess & Surplus (E&S) risks in various lines of business to determine acceptability or declination of coverage’s requested and brokering said risks to viable carriers for coverage. Brokers are required to have experience and a full understanding of the E&S insurance industry. This position will primarily utilize brokering as means to an end; however, may occasionally utilize the binding authority process.

How You Will Contribute

Completes and files documentation required for risk acceptance determination.
Collaborates with Broker with regards to unusual coverages.
Determines amount of insurance in force on single risk or group of closely related risks.
Confirms appropriate filings in accordance with applicable regulations.
Maintains knowledge of all markets available to maximize opportunities to negotiate placements.
Verify complete and proper coding.
Compliance with Quality Control guidelines.
Perform other duties as assigned

Licenses and Certifications:

Working towards or holds valid P&C license.

Skills & Experience to Be Successful

Proficient with MS Office Suite
Exceptional telephone demeanor
Ability to maintain a high level of confidentiality.
1 – 2 years' experience in a similar position

Associate or bachelor’s degree in an insurance or accounting related discipline. (preferred)

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.

Average salary estimate

$50000 / YEARLY (est.)

min

max

$40000K

$60000K

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What You Should Know About Associate Broker, bbinsurance

Join our vibrant team at our Metairie, LA office as an Associate Broker and take your career to the next level! At our company, we pride ourselves on a merit-based culture that rewards those who are driven and eager to meet our customers' needs. As an Associate Broker, you will dive into the fascinating world of Excess & Surplus (E&S) risks. Your main responsibility will involve reviewing both new and renewal applications to determine the acceptability of requested coverage. You'll expertly broker these risks to viable carriers, ensuring that our clients receive the best possible options. This role is perfect for individuals boasting some experience in the E&S insurance industry. You’ll utilize your skills to handle documentation, collaborate with brokers on unique coverages, and confirm compliance with regulations. The opportunities to learn and grow are limitless here as you maintain your knowledge of the market to maximize negotiation placements. The icing on the cake? We care about your well-being, offering comprehensive health benefits, financial perks, and a culture that celebrates your individuality. If you're ready to make a meaningful impact in the insurance field, we can’t wait to see your application!

Frequently Asked Questions (FAQs) for Associate Broker Role at bbinsurance

What are the primary responsibilities of an Associate Broker at our company?

As an Associate Broker in our Metairie, LA office, your main responsibilities will include reviewing new and renewal applications for difficult E&S risks, evaluating coverage requests, and brokering these risks to appropriate carriers. You will also collaborate with fellow brokers on unique coverages and ensure compliance with necessary regulations.