[Hiring] Brokerage Account Consultant @Farmers Mutual Hail Insurance Company

Role Description

Ag Brokerage Solutions, a Farmers Mutual Hail (FMH) company, is seeking an individual to broker insurance products between retail insurance agencies and partner insurance carriers, finding and placing coverage options for commercial insurance products.

• Manage and support placement of coverages with carriers by acting as an intermediary during the underwriting, rating, and quoting process.
• Service portfolio of accounts following placement of business with carriers to maintain and grow business.
• Serve as a brokerage leader and area expert.

Qualifications

• 10 or more years of commercial lines underwriting or brokerage experience.
• Bachelor’s degree in Risk Management, Agriculture, Business, or related field (Associates Degree required).
• Insurance brokerage expertise gained from years of applied insurance experience required.
• Proficient with Microsoft Office programs, especially Word and Excel.
• Experience with multiple carrier quoting systems and management systems, specifically Vertafore (AIM; ImageRight), is highly desired.
• Insurance license, CPCU, CIC or comparable designations required.
• Experience with Surplus lines highly desired.

Requirements

• Serves as brokerage leader and subject matter expert regarding brokerage services.
• Assists Brokerage Manager with development of brokerage office including processes and practices.
• Analyzes submissions from retail agents and quickly determines the best available carrier and coverages.
• Utilizes carrier systems and internal management systems for brokerage processing.
• Rates, quotes, and binds submitted accounts with carriers, determining acceptability, coverage options, and pricing options for both small and large accounts.
• Facilitates various insurance underwriting processes on behalf of Ag Brokerage Solutions (ABS) carriers, partners, and agencies in alignment with ABS and partner guidelines, requirements, and standards.
• Owns and manages relationships between agency, carrier partners, and ABS, serving as lead client contact for ABS-brokered business.
• Builds, maintains, and grows a book of business related to ABS-brokered products with agencies and their insurance customers.
• Provides ongoing service and support to agencies and insureds to maintain portfolio of insured accounts following placement of coverages.
• Develops and maintains deep expertise in insurance solutions for specific product lines, industry segments, and business types.

Benefits

• This position is not eligible for sponsorship for work authorization by Farmers Mutual Hail Insurance Company, SI.
• Farmers Mutual Hail Insurance Company does not discriminate in employment (EOE).
• All qualified applicants are encouraged to apply.