Use this Insurance Broker job description template to advertise the open roles for free using Longlist.io. You can use this template as a starting point, modify the requirements according the needs of your organization or the client you are hiring for.
We are looking for a competitive Insurance Broker to partake in our business development activities. You will be responsible for finding new customers, promoting and selling our insurance plans.
The goal is to steadily forge long-term relationships to secure the company’s revenues and growth.
On a day-to-day basis, an insurance broker typically performs various tasks to serve their clients' insurance needs. Here are some of the key responsibilities of an insurance broker:
Client Interactions: Brokers interact with clients to understand their insurance requirements. They provide advice, answer questions, and guide clients through the process of selecting appropriate policies based on their needs and budget.
Insurance Research and Analysis: Brokers conduct research on different insurance products and providers, comparing coverage options, premiums, and policy terms. They analyze and evaluate the available options to help their clients make informed decisions.
Policy Placement: Once clients choose a policy, brokers facilitate the placement of insurance coverage with the chosen insurance company. They collect necessary information and documents from clients, communicate with underwriters, and arrange for policy issuance.
Policy Review and Renewals: Brokers regularly review clients' existing insurance policies to ensure adequate coverage is in place. They assess policy terms, premiums, and any necessary policy modifications. Brokers also handle policy renewals, negotiating terms with insurance companies on behalf of clients.
Claims Assistance: In the event of a claim, brokers assist clients in preparing and submitting the necessary paperwork to the insurance company. They act as advocates, ensuring that the claims process runs smoothly and efficiently. Brokers may also provide guidance and support throughout claim settlement negotiations.
Risk Assessment: Brokers assess clients' risks by evaluating their businesses, properties, or personal circumstances. They identify potential areas of risk exposure and recommend appropriate coverage options to mitigate those risks.
Stay Updated: Insurance brokers stay updated on industry trends, new insurance products, and changes in regulations. This knowledge helps them provide up-to-date advice and recommendations to clients.
Building Relationships: Brokers build and maintain relationships with insurance companies, underwriters, and other industry professionals. This networking helps brokers negotiate better terms for their clients and stay informed about new insurance offerings.
Documentation and Administration: Insurance brokers handle various administrative tasks, such as maintaining policy files, generating quotes, processing applications, and managing client records.
It's important to note that specific tasks may vary depending on the type of insurance broker, such as life insurance, health insurance, or property and casualty insurance.
Build your career with an industry game-changer
An exciting chance to make your mark with a growing organization...
Receive competitive compensation and full comprehensive health benefits
About American Income Life
American Income Life, a principal subsidiary of Globe Life, has served working families across the continent of North America since 1951 with life, accident, and supplemental hea...
"""Commission Only ""
Job Title , Job details ...
Life & Health Insurance , Annuity , IUL Sales
both Part-Time & Full-Time positions. Flexible schedule.
This is a 1099 Position - 100% Commission Based , Agency ownership
Part-time expected earnings: $40,000 - $50,000
Full-time expected earnings $50,000 - $90,000
This position is for someone looking for a career in life ...
About the job
NO EXPERIENCE NECESSARY...
The position can be fully remote. Great for the stay-at-home career seeker.
All required pre-licensing courses & required state licenses are covered by the company.
The desired candidate would possess the following skills:• Strong leadership & decision-making skills• Ability to develop, manage & drive growth• Access to Internet or Wi-Fi connection...
• Hold the insurance license required by your state and have a minimum of two years’ commercial lines insurance sales experience.• Have a Bachelor’s Degree or comparable work experience in insurance or sales.• Demonstrate strong knowledge of insurance products and usages, rating procedures, underwriting procedures, coverages, and industry operations to effectively secure new business and... m...