Offer summary

Qualifications:

At least 10 years of experience in commercial lines underwriting or brokerage., Bachelor’s degree in Risk Management, Agriculture, Business, Insurance, or a related field., Proficiency in Microsoft Office, especially Word and Excel, and experience with carrier quoting systems., An insurance license is required, with CPCU, CIC, or similar designations preferred..

Key responsibilities:

Analyze submissions from retail agents to determine the best carrier and coverage options.

Rate, quote, and bind accounts with carriers, assessing acceptability and pricing.

Facilitate insurance underwriting processes in alignment with company guidelines.

Manage relationships with agency and carrier partners, serving as the lead contact for ABS-brokered business.

Job description

SPECIALTY BROKERS

Ag Brokerage Solutions (ABS), a Farmers Mutual Hail (FMH) company, is looking to hire specialty Brokers to broker insurance products between retail insurance agencies and partner insurance carriers, finding and placing coverage options for commercial insurance products.

Farm and Agriculture Broker

Property Broker

Primary and Excess Casualty Broker

As a Brokerage for ABS, you will manage and support placement of coverages with carriers by acting as an intermediary during the underwriting, rating, and quoting process. Services portfolio of accounts following placement of business with carriers to maintain and grow business. Serves as a brokerage leader and area expert in accordance with the Company guidelines, strategy, and profitability standards to enable America’s farmers to clothe, feed, and fuel the world.

BENEFITS:

Our employees appreciate our family-oriented culture, and we make sure their benefits reflect that. In addition to a competitive salary and bonuses, medical/dental/vision plan, 401(k) plan with a generous company match, you will be eligible for benefits such as:

Paid Parental leave and Caregiver leave
Employee appreciation events
Employee Assistance Program (EAP) for support when you and your family need it

REQUIREMENTS:

Experience: At least 10 or more years of commercial lines underwriting, or brokerage experience, or equivalent combination of education and/or experience. Insurance brokerage expertise gained from years of applied insurance experience required.

Education: Bachelor’s degree in Risk Management, Agriculture, Business, Insurance, or related field (Associates degree required).

Skills: Proficient with Microsoft Office programs especially Word and Excel. Experience with multiple carrier quoting systems and management systems, specifically Vertafore (AIM; ImageRight), is highly desired.

Licenses or Certifications: Insurance license required; CPCU, CIC, or comparable designations preferred. Experience with Surplus lines highly desired.

RESPONSIBILITIES:

Analyzes submissions from retail agents and quickly determines the best available carrier and coverages. Utilizes carrier systems and internal management systems for brokerage processing.
Rates, quotes, and binds submitted accounts with carriers, determining acceptability, coverage options, and pricing options for both small and large accounts.
Facilitates various insurance underwriting processes on behalf of Ag Brokerage Solutions (ABS) carriers, partners, and agencies in alignment with ABS and partner guidelines, requirements, and standards.
Owns and manages relationships between agency, carrier partners, and ABS, serving as lead client contact for ABS-brokered business. Builds, maintains, and grows a book of business related to ABS-brokered products with agencies and their insurance customers.
Builds, maintains, and grows a book of business related to ABS/FMH brokered products.
Provides ongoing service and support to agencies and insureds to maintain portfolio of insured accounts following placement of coverages.
Develops and maintains deep expertise in insurance solutions for specific product lines, industry segments, and business types.

Does this sound like a good fit for you? Apply today through our website!

This position is not eligible for sponsorship for work authorization by Farmers Mutual Hail Insurance Company of Iowa. Therefore, if you will require sponsorship for work authorization now or in the future, we cannot consider your application at this time.

Ag Brokerage Solutions (subsidiary of Farmers Mutual Hail Insurance Company) does not discriminate in employment (EOE). All qualified applicants are encouraged to apply. #LI-DNI

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