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Commercial Insurance New Business Associate

Hudson

job summary

The New Business Associate is responsible for prospecting, quoting, and binding new Commercial Lines accounts. This position will develop new business from existing accounts and assigned leads, and contribute to meeting team growth goals. Specific sales goals are determined during the yearly planning process for this position. This position is based at our Marlborough office.

primary job responsibilities

  • Responsible for marketing and placing new small market business accounts through on-line quoting and/or by completing and submitting applications and related documentation to appropriate insurance markets. 
  • Prepare proposals that educate customers and make suggestions for appropriate coverage.  This includes identifying any gaps in their current coverage and/or potential risk control concerns.
  • Develop new business relationships and perpetuate a loyal customer base through outbound calls and other communication methods.
  • Cross-sell existing accounts, which includes developing monoline policy lists generated by the agency systems as well as company systems.
  • Work with CSAs to review existing policies and remarket if necessary. 
  • Ask for referrals from insureds to help generate new business.
  • Refer clients to Financial Services Department and Personal Lines for other insurance needs.
  • Keep informed of changing trends within the industry for the purpose of anticipating and responding to customer needs.
  • Meet sales and profitability objectives as established by management.
  • May service new and existing accounts, including account management responsibility.

* This partial summary should not be considered all-inclusive

knowledge & skills required

  • Technologically savvy; must be able to work with multiple carrier rating systems and have experience with Microsoft Office products.
  • Ability to compose original correspondence, have effective interaction with people through written and verbal communication.   Multilingual ability would be a plus.
  • Excellent organizational and interpersonal skills and ability to work in a team environment. 
  • Ability to self-manage priorities and workflow to ensure efficient, timely and accurate processing of client sales, transactions and other responsibilities.
  • Ability to carry out complex tasks in a fast paced, high pressure/high reward environment. 

minimum education & experience required

  • High School diploma or equivalent; College education desirable or equivalent insurance experience.
  • 3 years of Commercial Lines insurance experience with a strong understanding of rating procedures, coverages, and industry operations.
  • P&C license or ability to obtain within the first year of employment. 

how to apply 

Qualified candidates, please submit your cover letter, resume and compensation requirements to Human Resources using our online application for employment.

Thank you for your interest in joining the Murphy Insurance Agency.

NO AGENCIES PLEASE.

 

Murphy Insurance Agency offers a competitive compensation package including base salary plus commission incentive plan and excellent benefits including Education Reward and Incentive Program, 401k, Vacation, Sick, Holiday and Floater Days, Employee Assistance Program, Medical and Dental plans, Life/Accidental Death & Dismemberment, Long & Short Term Disability Insurance plans. Murphy Insurance Agency is an EEO employer.

This job profile identified the general duties and minimum level of skills required to perform this job. It is not intended to represent a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned.  This job profile does not alter the at-will employment status and it does not create an employment contract, implied or otherwise.