Inside Broker- D&O

RT Specialty, a division of Ryan Specialty Group is looking for a Inside Broker to join our Nashville,TN team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career.

Position Summary:

This position provides the opportunity to work alongside a well-known Executive/Professional Lines Insurance Broker on high volume/mega-premium corporate accounts. This is a key position within the Broker team that will primarily focus on retaining and servicing accounts needing D&O and professional lines of coverage. The environment is fast-paced, energetic, and proactive. It is a valuable opportunity for an insurance professional to develop their career, knowledge and capabilities within Executive & Professional lines. Relocation assistance considered. 

Essential Functions:

  • Assists Broker in managing the service and market placement of Broker's portfolio of commercial insurance accounts.
  • Maintains cooperative and dependable relationships with retail agencies and brokerages; may make marketing calls to the agencies/brokerages on behalf of the Broker.
  • Receives and reviews account information sent by retail insurance brokers on large-scale D&O accounts.

  • Demonstrates broad knowledge of commercial insurance coverages with insurance carriers and other markets.
  • Evaluates submissions from retail insurance brokers; identifies exposures and coverage required.
  • Identify appropriate markets to request quotes from based on coverage requirements.
  • Follows through with market placements as agreed with Broker.
  • May create submissions to insurance market selections.
  • Communicates and negotiates with insurance markets and retail brokers.
  • Evaluates quotes and contract provisions offered by insurance markets.
  • May present competitive pricing, contract language and necessary details on quotes to retail insurance brokers and will discuss any questions and binding of quote with an agent.
  • Successfully negotiates market placement of new and/or renewal business as directed by Broker; bind orders.
  • Works to help ensure all documents are attached and maintained for the appropriate policy/account.

Education/Experience/Skills:

  • Bachelor's degree preferred; equivalent experience and knowledge considered.
  • 5+ years of relevant experience in a commercial insurance brokerage or underwriting environment.
  • Minimum 2 years' experience with D&O exposures.
  • Demonstrated understanding of commercial insurance coverages and relevant forms.
  • Must be licensed by appropriate state or be able to quickly obtain insurance license.
  • Track record of trusted working relationships with carriers and markets.
  • Highest level of customer relations and negotiating skills to effect profitable results.
  • Independent judgment is required to plan, prioritize and organize diversified workload.
  • Critical attention to details.
  • Proficient in Microsoft Office including Word, Outlook and Excel.
  • Ability to travel as needed.
  • May be required to have and maintain a valid driver’s license

Disclaimer

Ryan Specialty Group is an Equal Opportunity Employer