Alera Group Hiring for Commercial Placement Specialist at Islip, New York Full Time

Commercial Placement Specialist

Our mission at Foa & Son, an Alera Group is to partner with our clients so that we can effectively meet their needs for risk management and insurance. There is no substitute for expertise.

For 160 years, Foa and Son has stood for trustworthiness, reliability, expertise, and putting the client first, no matter what. Sustaining these core values and translating them into excellent service means striving to be the best we can be. We know our most valuable asset is our people, and that it translates directly into value for our clients. When members of our team plant roots, and stay with Foa & Son for the long haul, it means something – and not just for us. When people stay with us over a long term, it reflects on who we are, and translates to what we do for our clients.

As our 3 New York offices in New York City, Melville and Valhalla continue to grow, we continue our focus in Property & Casualty, Personal Lines and Employee Benefits. We offer hybrid opportunities to work from home and work from our offices.

A successful candidate will be a detail oriented, team player who is deadline focused. The ability to organize and prioritize a high volume of needs in a timely fashion is a critical component. This position requires interaction with clients, carriers and internal colleagues across various departments. Strong written and verbal communication skills is a must.

This position handles the details of marketing a piece of business including the administrative responsibilities of obtaining the quote and creating an application to be marketed after a new a prospect has been generated. Relationship building with Producers, Account Executives, potential clients, carriers and wholesaler underwriters is a key aspect of this position. Must be able to quickly determine the information needed to properly underwrite the risk. An in-depth knowledge of what coverages are needed is vital. Focus is primarily on key renewals and new business, typically works on accounts with a premium of $75,000+. Exhibits leadership qualities and provides guidance and mentorship to the Associate staff and others.

This position can be based out of New York City or Melville, NY.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Rates up accounts in online system.
• Determines which class is best fit for the type of business, handles unique situations accordingly.
• Conducts deficiency review of current placement and advises producers of missing or incomplete coverage.
• Completes specifications according to application data.
• Creates proposals specific to the producers and account needs including premium and coverage comparisons and highlights newly added coverages.
• Creates submissions for the carriers/wholesalers in order to sell the account in a positive way while stating risk management details and how client can improve; provides target premiums and summary of the account.
• Reviews loss runs and create loss summaries.
• Cultivates relationships with carrier and wholesale underwriters by meeting at least once per quarter and obtains updates on markets that are changing.
• Gives guidance and assists Account Executives with markets to approach on re-marketing.

Competencies

1. Business acumen
2. Sales and negotiating skills
3. Organizational skills
4. Communication proficiency
5. Collaboration skills
6. Customer/Client focus
7. Technical capacity

Supervisory Responsibility
This position has no supervisory responsibilities.

Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, scanners, fax machines, etc. While performing the duties of this job, the employee occasionally works in outside weather conditions.

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. While performing the duties of this job, the employee is regularly required to talk and hear. This position requires the ability to occasionally lift office products and supplies, up to 20 pounds. Standing, walking, bending, kneeling, stooping, crouching, crawling, etc. for periods of time may be necessary.

Travel
Occasional travel to other offices and off-site client meetings may be expected for this position.

Experience & Education:

• Minimum 5 years of related experience.
• P&C license required.
• Bachelor’s degree in related field, or combination of education and experience.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Required Education and Experience

• 5+ years of related experience

Preferred Education and Experience

• Bachelor’s degree in related field, or combination of education and experience

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

If you’re a California resident, please read the California Consumer Privacy Act prior to applying.
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