Facultative Broker
At a glance
Location: US-NY-New York Map
Posted: 08/10/2018
Closing: 09/09/2018
Degree: Not Specified
Type: Full-Time
Experience: Not Specified
Job description

Reviews risk analyses from junior Brokers and develops and presents innovative solutions and approaches for client needs and complex risk situations.

Advises clients on moderately complex risks and negotiates transactions for clients.

Responds independently to client queries and concerns, resolving issues promptly to ensure client satisfaction.

Oversees the timely production of appropriate account/program documents and the follow-up on policy documentations.

Assists with identifying and pursuing potential opportunities to win new clients and projects.

Independently handles assignments and may also assist more senior-level Brokers in serving larger or more complex clients.

Establishes and maintains strong relationships with insurers/reinsurers, clients, and colleagues to provide complex solutions to clients.

Demonstrates a broad knowledge of coverage lines, markets and other more specialized products to better serve clients.

May check contract documents and bond forms, as well as banking terms and conditions.

May check and educate the Client the terms and conditions of General Agreement of Indemnity required to be executed by Clients to support all surety transactions.

May check financial statements for all industries with specific knowledge of each industries unique financial metrics.

QualificationsBroker Licenses Required - Any
Facultative Broker