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Brown & Brown Insurance

Brown & Brown Insurance

Provides risk management and insurance solutions

Agency Development Manager

Full-Time
$70k - $100k/yr
Junior, Mid
Virginia, USA+4 more

More locations: West Virginia, USA | New York, NY, USA | Maryland, USA | New Jersey, USA

Remote

Must reside within or near the assigned territory; frequent travel and overnight stays may be required for in-person agency visits.

About the job

Requirements
  • An active Property and Casualty insurance license (2-20).
  • Two to four years of Property and Casualty industry experience.
  • Willingness and ability to travel frequently for in-person agency visits within the assigned territory, including overnight stays as needed.
  • Proficiency in Microsoft Office Suite and customer relationship management software such as Salesforce.
  • Ability to build relationships internally and externally and influence stakeholders.
  • Strong written and verbal interpersonal and communication skills.
  • Ability to multitask, prioritize, and manage time efficiently.
  • Strong organizational skills and ability to manage multiple priorities efficiently.
  • Routine travel may require driving a personal or rental vehicle, an acceptable Motor Vehicle Report at hiring and periodically thereafter, and maintenance of minimum acceptable insurance coverage.
  • Ability to adapt to changing priorities or market conditions and work effectively in a high-volume environment.
Responsibilities
  • Develop and nurture relationships with new and existing assigned agents to drive qualified risk selection and foster long-term partnerships.
  • Generate new premium growth through interaction with new and existing agencies by phone, email, and face-to-face visits.
  • Identify and develop new agency opportunities through prospecting.
  • Deliver training and ongoing support to new and existing agencies on systems, products, and underwriting guidelines.
  • Serve as a subject matter expert on product offerings and core systems and stay informed about industry trends and the competitive landscape.
  • Provide account management support for agencies and maintain accurate records of agency interactions using Salesforce.
  • Collaborate with the marketing department to ensure consistent and effective agency communication.
  • Monitor key performance metrics and identify opportunities for improvement or additional training.
  • Work with product management to communicate competitive information and convey necessary product modifications or new opportunities.
  • Meet or exceed individual or team goals consistently.
  • Travel frequently for in-person agency visits as part of the remote role.
Desired Qualifications
  • Five or more years of Property and Casualty experience.
  • Previous Personal Lines Excess & Surplus experience.
  • Previous account management or outside field sales experience.
  • Strong familiarity with Salesforce customer relationship management software.
  • Strong interpersonal skills with the ability to build relationships with customers at all levels.
  • Polished presentation skills to conduct virtual and in-person product training.
  • Comfort speaking with new people daily through in-person visits, telephone, or virtual meetings.
  • Bilingual proficiency in Spanish.

About the company

Brown & Brown Insurance

Brown & Brown Insurance

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Brown & Brown provides risk management and insurance solutions to businesses and individuals through its Retail and Specialty Distribution segments. The company works by acting as an intermediary to identify specific risks and connect customers with tailored insurance policies that protect their assets. Unlike many competitors, it combines the scale of a large global brokerage with a decentralized culture that emphasizes local community involvement and a team-based approach to service. Its goal is to provide superior risk protection and long-term security for customers by consistently prioritizing their best interests.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Leeds, United Kingdom

Founded

1914

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 30.4%; adjusted EBITDA hit $598 million.
  • Management expects $30 million-$40 million in Accession synergies during 2026.
  • Second-half organic growth guidance stays positive: Retail 1.5%-2.5%, Specialty Distribution 2%-4%.

What critics are saying

  • Organic revenue fell 0.7% in Q2 2026, exposing acquisition dependence.
  • Interest expense doubled to $100 million after Accession debt, squeezing margins and buybacks.
  • Private-equity-backed brokers keep poaching producers; one bad retention cycle can break organic growth.

What makes Brown & Brown Insurance unique

  • Accession added 2026 scale, lifting second-quarter revenue 30.4% to $1.68 billion.
  • Anthropic, McKinsey, and Accenture embed AI across 23,000 employees, widening operating leverage.
  • Brown & Brown spans 44 states and 14 countries, reducing dependence on any one market.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Student Loan Assistance

Tuition Reimbursement

Mental Health Support

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

Company News

Yahoo Finance
Aug 14th, 2026
Brown & Brown stock trades at 15.04X P/E, below industry average of 16.51X

Brown & Brown shares are trading at a discount to the insurance brokerage industry, with a forward price-to-earnings ratio of 15.04X versus the industry average of 16.51X. The company has a market capitalisation of $23.96 billion. The stock has gained 27.4% over the past three months, outperforming the industry's 22.4% growth. Analysts' average price target of $76.44 suggests a potential 7.6% upside from recent levels. The Zacks Consensus Estimate projects 2026 earnings per share to increase 5.6% year-over-year, with revenues reaching $7.04 billion, up 19.2%. Growth is supported by increasing new business, strong client retention, and strategic acquisitions. The company's recent Accession acquisition contributed approximately $410 million to second-quarter 2026 revenues, with expected synergies of $30-$40 million in 2026.

Yahoo Finance
Aug 13th, 2026
Brown & Brown tops insurance brokers' revenue growth but misses Q2 estimates by 2.5%

Five insurance brokers stocks reported largely satisfactory Q2 earnings, with revenues beating analyst consensus estimates by 0.8% overall. Share prices have held steady, rising 2.1% on average since results were released. Brown & Brown reported revenues of $1.68 billion, up 30.4% year on year. However, this figure fell short of analyst expectations by 2.5%. Despite scoring the fastest revenue growth amongst peers, it had the weakest performance against analyst estimates. The stock has risen 2.7% since reporting and currently trades at $71.60. Ryan Specialty delivered the strongest Q2 performance, reporting revenues of $916.6 million, up 7.2% year on year and outperforming analyst expectations by 5.3%. The insurance brokerage industry benefits from rising risk complexity and regulatory scrutiny, though faces challenges from labour intensity and wage inflation.

Yahoo Finance
Aug 3rd, 2026
Brown & Brown Q2 revenue misses estimates at $1.68B despite 30% growth

Brown & Brown reported second quarter 2026 results that missed revenue expectations but showed strong year-on-year growth. Revenue rose 30.4% to $1.68 billion, below the $1.72 billion analyst estimate. Management attributed performance to strong contingent commissions, effective acquisition integration, and improved sales processes. CEO J. Powell Brown said the company's enhanced sales model is building momentum with aligned teams generating new business wins. Operating margin declined year-over-year to 22.9% from 24.2%, though the company made progress controlling expenses. Adjusted EBITDA of $611 million beat analyst estimates of $603.1 million. During the earnings call, analysts questioned MGA competition impacts, European expansion plans, and technology investment costs. Management stressed disciplined underwriting and confirmed synergy targets remain unchanged.

Yahoo Finance
Aug 1st, 2026
Brown & Brown reports Q2 revenue of $1.68B but trades 6.9% below fair value target of $75.63

Brown & Brown reported Q2 2026 results with revenue of $1.676 billion and net income of $288 million. The insurance broker's shares closed at $70.40, posting a 22.16% gain over 90 days but down 9.30% year-to-date and 23.00% over one year. Valuation models suggest a fair value of $75.63, indicating the stock is 6.9% undervalued. The company's diversified portfolio across geographies and business lines supports earnings stability. However, the price-to-earnings ratio of 19.8x exceeds both the US insurance industry average of 12.1x and the stock's fair ratio of 12.5x. Risks include rising pharmacy costs in benefits and potential Florida legislative changes that could pressure margins.

Yahoo Finance
Jul 29th, 2026
Brown & Brown shares jump 5% on 30% revenue growth despite slight miss

Brown & Brown shares jumped 5% after reporting second-quarter results. The insurance brokerage firm's revenue grew 30.4% year-over-year to $1.68 billion, slightly below analyst estimates of $1.72 billion. Adjusted earnings per share came in at $1.07, exactly meeting Wall Street expectations. The positive market reaction suggests investors focused on strong top-line growth and profit targets rather than the minor revenue miss. The shares are down 5.9% year-to-date and trading at $73.05, which is 28.8% below their 52-week high of $102.58 from July 2025. Last month, Morgan Stanley downgraded the stock to "Underweight", citing concerns about organic growth reset and a softer pricing cycle.