The Role
The Builder’s Risk Broker is recognized by the client, client advocate team and the insurance marketplace as the day-to-day broker for coverage needs, negotiating terms and conditions of various Construction coverage's on behalf of clients.
The Responsibilities
- Manages brokerage responsibilities for a book of new and recurring/annual policies. Primary focus on Project Builder’s Risk, Master Builder’s Risk Programs, and Contractor’s Block
- Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers
- Obtains and distributes information from client and/or producing office
- Assists or may lead front end sales/RFP efforts for Builder’s Risk sales leads
- Prepares/oversees creation of proposals, submissions and quotes
- Responsible for running and interpreting financial analytical models
- Evaluates and develops coverage confirmation for review
- Reviews binders for accuracy and completeness
- Maintain and develop business relationships with producers and senior underwriting contacts
- Maintains knowledge of insurance carriers and their business practice
- Participates in continuing education to maintain license and industry credentials
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