Property Insurance Sales Producer

Job Description

Job Description

As a Property Insurance Sales Producer, your primary responsibility is to connect with clients, understand their insurance needs, and offer tailored property insurance solutions. You’ll play a crucial role in building relationships, educating clients, and ensuring they have the right coverage to protect their valuable assets.

Responsibilities:

1. Client Engagement:

   • Identify Prospects: Use networking, referrals, and cold calling to find potential clients seeking property insurance.

   • Assess Needs: Understand clients’ property-related risks, preferences, and budget constraints.

   • Educate Clients: Explain available insurance products, coverage options, and policy terms.

2. Customized Solutions:

   • Recommend Policies: Based on client discussions, recommend suitable property insurance policies

   • Tailor Coverage: Customize coverage limits, deductibles, and endorsements to meet individual client requirements.

3. Sales and Negotiation:

   • Present Proposals: Prepare and present insurance proposals to clients.

   • Negotiate Terms: Work to negotiate terms, premiums, and discounts.

   • Close Deals: Facilitate policy issuance and ensure smooth transactions.

4. Relationship Management:

   • Build Trust: Cultivate long-term relationships with clients by providing exceptional service.

   • Follow Up: Regularly check in with clients, address queries, and handle policy renewals.

   • Cross-Sell: Identify opportunities to cross-sell other insurance products (e.g., auto, liability).

5. Market Insights:

   • Stay Informed: Keep up-to-date with industry trends, regulatory changes, and market dynamics.

   • Competitor Analysis: Understand competitors’ offerings and pricing strategies.

6. Compliance and Documentation:

   • Adhere to Regulations: Ensure compliance with insurance laws and regulations.

   • Maintain Records: Keep accurate records of client interactions, policies, and transactions.

Qualifications:

• Licensing: Hold a valid insurance broker license. Member of National Insurance Producer Registry preferred.

• Sales Skills: Demonstrated ability to persuade, present, and close deals.

• Product Knowledge: Familiarity with property insurance products (home, commercial, rental).

• Communication: Excellent verbal and written communication skills.

• Relationship Building: Ability to build rapport and trust with clients.

• Results-Driven: Motivated to achieve sales targets.

• Education: High school diploma or equivalent (additional education is a plus).

Experience:

• 3 to 5 Years Commercial Property and Casualty Insurance experience essential.

• Minimum of 5 years Surplus lines experience

• Strategic thinker, infrastructure builder, understands underwriting

• Looking for someone to assist us in building internal processes

• Understanding General Liability and equipment breakdown from a commercial building aspect