Insurance Placement Specialist Job at Summit Bridge Partners, Worcester County, MA

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  • Summit Bridge Partners
  • Worcester County, MA

Job Description

Job Title: Risk Placement Advisor – Renewals

About the Role

We are looking for a strategic Risk Placement Advisor to join our team. You will design, market, and secure optimal risk solutions for commercial clients. Working with the Account Executive team, you will develop strategies to provide the most competitive coverage. You will also lead the marketing and placement of renewal accounts while staying ahead of market trends.

Key Responsibilities

  • Lead strategy for marketing commercial account renewals to various insurance carriers.
  • Prepare and submit high-quality, market-tailored submissions.
  • Gather information from the service team and manage submissions efficiently.
  • Collect quotes, negotiate terms with carriers, and present recommendations.
  • Explore non-traditional risk financing options, like captives and deductible buy-backs.
  • Source new insurance products for optimal coverage and pricing.
  • Build and maintain strong relationships with underwriters and carrier partners.
  • Compile detailed coverage comparisons and cost-benefit analyses.
  • Present findings confidently with Account Executives.
  • Stay updated on market conditions and industry trends.

Qualifications and Experience

  • Bachelor’s degree in Risk Management, Business, Finance, or related field preferred.
  • Minimum 5 years of experience in commercial insurance marketing, brokerage, or underwriting.
  • Deep understanding of property, casualty, and specialty lines.
  • Strong strategic thinking and communication skills.
  • Proactive, organized, and up-to-date with industry trends.
  • Proven ability to manage timelines and deliver high-quality results.

Compensation and Benefits

  • $75,000 - $95,000 salary based on experience.
  • Performance-based bonuses.
  • Comprehensive benefits, including health, dental, and retirement plans.
  • Professional development opportunities.
  • Collaborative and supportive work environment.

We’re seeking a motivated professional passionate about insurance. Ready to advance your career? Apply today!

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