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Risk Placement Specialist – Commercial Lines
Relation Insurance Services. Develop and implement renewal strategies based on potential and existing clients’ risk profiles, market conditions, and carrier options .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in developing and implementing renewal strategies, negotiating with insurance carriers, and ensuring compliance with legal and regulatory requirements. Proficient in utilizing technology to enhance client satisfaction and retention while managing multiple tasks effectively.
Highest-signal resume keywords
Property And Casualty LicenseRisk Placement InitiativesCommercial Lines Of CoverageMicrosoft Office Suite ProficiencyInsurance Designations
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Renewal Strategies DevelopmentMarket Research And AnalysisPolicy PlacementDocumentation ManagementClient Retention StrategiesRisk Management RecommendationsNegotiation SkillsAnalytical SkillsMathematical Skills
Soft Skills
Excellent Communication SkillsInterpersonal SkillsTask ManagementPrioritization SkillsProfessional Presence
Tools & Technologies
Proprietary AI SolutionsMarketing Spreadsheets
Certifications & Qualifications
CPRMCPRIACISRCICCPCU
Industry Keywords
Insurance CarriersCoverage EnhancementsPremium RatesDeductible LevelsClient Satisfaction
About the role
Key responsibilities & impact- Develop and implement renewal strategies based on potential and existing clients’ risk profiles, market conditions, and carrier options
- Engage with insurance carriers to negotiate favorable renewal terms, including premium rates, deductible levels, and coverage enhancements
- Place policies with the most suitable carrier
- Conduct market research and analysis to identify suitable insurance carriers and products with competitive pricing
- Collaborate with sales and service teams to align placement efforts with objectives
- Maintain accurate documentation of renewal policies, endorsements, and client information
- Handle policy-renewal administrative tasks, including updating marketing spreadsheets
- Identify opportunities to enhance client satisfaction and retention through service, concern resolution, additional coverage options, and risk-management recommendations
- Build and maintain relationships with carriers, underwriters, internal and external clients, and business partners
- Ensure renewals comply with applicable legal and regulatory requirements
- Adopt innovative technology, including proprietary AI solutions, into the service process
- Complete special projects and other assigned duties
Requirements
What you’ll need- A Property and Casualty License from state of domicile is required and must be maintained
- Minimum 7 years' experience in supporting all risk placement initiatives related to new and renewal business
- College degree preferred
- Preference given to individuals that have insurance designations (e.g., CPRM, CPRIA, CISR, CIC, CPCU)
- Strong proficiency in Microsoft Office Suite, especially Word, PowerPoint, Excel
- Ability to learn and adapt quickly to new technologies and software
- In-depth understanding of commercial lines of coverage
- Excellent written/verbal communication and interpersonal skills
- Ability to manage multiple tasks and prioritize work effectively to meet or exceed deadlines
- Professional and polished presence and communications for virtual or in-person meetings
- Strong analytical and mathematical skills
Benefits
Comp & perks- Competitive pay
- Family health and wellness programs
- 401K
- Employee assistance programs
- Paid time off
- Paid holidays
- Career advancement and development opportunities
- Discretionary annual incentive program, subject to program rules and individual and organizational performance