Full-Time

Wholesale Producer

Posted on 11/26/2024

HUB

HUB

5,001-10,000 employees

Consulting
Consumer Software
Enterprise Software
AI & Machine Learning

Compensation Overview

$115k - $120kAnnually

Junior, Mid

Traverse City, MI, USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Marketing
Customer Service
Requirements
  • Experience with sales/production
  • Experience and proficiency with Microsoft Office products
  • Excellent organizational, interpersonal, communication skills and ability to work in a team environment
  • Thorough knowledge of commercial coverages a plus
  • Bachelor's degree (4-year degree)
  • 2-5 years of relevant experience
  • Up to 50% travel required
Responsibilities
  • Responsible for cultivating agent relationships and bringing in new commercial marine accounts in accordance with the practices, policies and procedures of the Company.
  • Develop a marketing plan to discover new marine focused agents.
  • Call on new agents to discuss the handling of their commercial marine accounts.
  • Foster existing agent relationships to encourage additional submissions.
  • Review incoming marine submissions for placement, both program and wholesale.
  • Underwrite submissions according to the guidelines in place with our backing carrier.
  • Generate and issue quotes on marine accounts.
  • Coordinate with the rest of the sales team to ensure common appetite and practices.
  • Consult with team members on difficult-to-place risks, best placements.
  • Be responsive and responsible to our agents and carrier contacts.
  • Cultivate relationships with wholesale markets and underwriters.
  • Process binding and billing procedures in our various systems.
  • Be able to handle a book of renewals, assigned from other Production Underwriters.
  • Work hand in hand with Underwriting Assistants to ensure proper issuance of policies, endorsements, etc.
  • Responsible for quality work and the provision of excellent customer service.
  • Other responsibilities as assigned by Underwriter.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • HUB's acquisitions expand its market reach and capabilities in the insurance sector.
  • The trend of embedded insurance aligns with HUB's strategy, boosting partnerships with financial institutions.
  • Digital transformation in insurance drives demand for HUB's omnichannel platform, VIU.

What critics are saying

  • Integration challenges from recent acquisitions may lead to operational inefficiencies for HUB.
  • Rising interest rates could impact HUB's borrowing costs, slowing expansion plans.
  • Increased competition in embedded insurance may challenge HUB's market position.

What makes HUB unique

  • HUB's acquisition of Insuritas enhances its embedded insurance offerings for financial institutions.
  • VIU by HUB provides an omnichannel platform for seamless customer experiences in insurance.
  • HUB's focus on affluent clients offers tailored risk management solutions amid rising premiums.

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