Commercial Brokering Manager

Description:

Key Responsibilities:

• Research policy coverages and forms, make recommendations to Account Executives and service staff.
• Provide management with regular activity reports, summarizing new business quotes, remarkets, hit ratios, etc.
• Responsible for the marketing of new commercial accounts for all branches.
• Receive, review and send new business submissions from Account Executives to appropriate insurers for quotes.

• Follow up with insurers on outstanding quotes.
• Review quotes for accuracy and send to Account Executives.
• Track new business submissions received and new business bound.
• Negotiate with underwriters to establish the best terms and conditions with respect to premium and coverage.
• Establish contacts and cultivate relationships with underwriters, managers and business development representatives.

• Remarket renewal business as required.
• Keep abreast of markets available in each line of business and keep Account Executives and commercial staff informed of changes and new products in the marketplace.
• Maintain working knowledge of computer system as it relates to commercial clients and marketing.
• Plan and coordinate regular marketing meetings.
• Conduct meetings with staff members to communicate performance reviews, wage and bonus allocation; address employee concerns within Marketing department.
• Track employee time and attendance, ensure proper department coverage
• Other duties and special projects, as required.