Job Description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Bridge Specialty Groupis seeking an Associate Brokerto join our growing team in Oakbrook Terrace, IL!

The Associate Broker Works directly with an established broker under general supervision of operations leader and office leader. The associate brokers' primary duties are to review insurance submissions and applications to evaluate, qualify and market individuals and groups for insurance.

How You Will Contribute:

• Examine application forms, inspection reports, insurance maps, and loss runs to assess risk factors such as ISO classifications, applicant financials, age, occupation, accident history, and property condition.
• Review company records to determine the amount of insurance in force on single or closely related risks, evaluating potential losses from catastrophes or excessive coverage.
• Broker risks by ensuring the completion of required documentation, obtaining necessary quotes and binders in writing, issuing policies accurately, making state filings, and ensuring taxes are paid in accordance with state laws.
• Secure payments on risks bound or written to maintain proper financial controls.
• Review, analyze, and qualify risks submitted by Producers, evaluate submissions for premium and terms, and issue indications, quotes, and binders, utilizing inspection companies when necessary.
• Develop and maintain carrier and brokerage relationships to place specific risks and grow a book of business.
• Market and meet with retail agency customers to develop and cultivate relationships, fostering new business opportunities.
• Understand company facilities and broker risks when needed to successfully negotiate placements, managing quote-to-bind activities and production results.
• Service existing business, generate new business, and prioritize tasks to effectively manage workload.
• Train and guide processors and assistants, reviewing submissions for accuracy and completeness, and developing their brokering skills while reducing clerical workload.

Licenses and Certifications:

• P&C State licensed.
• CIC, CRIS and CPCU candidate, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e., coverages, exclusions, conditions, and terms. (Preferred)

Skills & Experience to Be Successful:

• Bachelor’s degree (B. A.) from four-year College or university (Preferred)
• 5 years insurance experience, 2 years of which is as an underwriting assistant. (Preferred)
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Experience with excess and surplus lines underwriting agency or company.

About Us:

Bridge Specialty Group creates a more seamless way to connect the varying needs of our retail partners with the market clout and talents of our wholesale entities. Our more than 25 niche-focused brands reflect our deep experience and specialization in construction, general casualty, environmental liability, professional liability, health care, public entity, workers’ comp, property and personal lines.

With more than 50 locations and more than 2,000 team members throughout the United States and Europe, Bridge has access to more than 200 standard and excess & surplus lines carriers that support our $7+ billion premium book.

Our focus is on bringing the power of collective size and specialty to the wholesale brokerage marketplace. Bridge Specialty Group – aligning risk with greater reach.

Pay Range

$55,000.00 - $70,000.00 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.