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Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking an Associate Account Executive to join our growing team in Denver, CO!
The Associate Account Executive designs, markets, and implements small to mid-market insurance programs on behalf of clients. Conduct strategic planning meetings with clients to discuss and recommend risk transfer programs. Coordinates services between the client and the insurance company and provides day-to-day consulting and client advice. Responsible for making independent decisions about marketing strategy, insurance program design, and communication with clients. Delegates administrative work to others that serve in a supporting role. May assist Senior Executives as needed.
How You Will Contribute:
Develops knowledge of a client’s business and industry and their specific risk profile though their business model, asset portfolio, product and cash flow, loss history, etc. Identifies the client’s exposure to loss and the means to address them, predominately through insurance risk transfer. Identifies tolerance to risk retention and service needs and protocols.
Collaborates in the development of a marketing plan to include creation of insurance specifications, timelines, and complete market selections.
Negotiate with underwriters on behalf of our clients to develop the best program.
Creates insurance proposals to compare competitive insurance program options and recommends the best program for our clients.
Links risk identification, risk funding and service techniques to develop alternative program design strategies.
Coordinates the risk transfer process: binder issuance, policy issuance reviews, service delivery, etc., for accuracy and timeliness.
Accurately complete the Renewal Information Request.
Develops and maintains relationships with underwriters and other service providers. Keeps abreast of changing market conditions and innovations.
Develops and maintains client service plans, manages mid-term changes and assists in Stewardship reviews.
Promptly and accurately responds to client requests. If responsibilities are delegated, follow through to ensure the client receives a timely response.
May be responsible for the work of others on the team and company.
Attends Continuing Education classes.
Performs miscellaneous duties and projects as assigned
Licenses and Certifications:
licensed as a Producer of Property and Casualty in applicable state.
Insurance designation (preferred)
Skills & Experience to Be Successful:
College degree (preferred)
3+ years of experience in the industry
Able to demonstrate knowledge with all assigned products, insurance coverages, services, policies, pricing, placement of coverage, regulations and benefits of each as well as the B&B philosophy regarding these products and services.
Expertise in the insurance industry with a demonstrated ability to explain B&B capabilities relative to our competitors.
Strong oral and written communication skills including the ability to connect with an audience and speak persuasively and succinctly.
Strong time management skills and the ability to evaluate and prioritize multiple projects/tasks maximize the number of internal and external clients that can be assisted while maintaining a high level of customer service.
Understands client profitability through an understanding of income, expenses, and time utilized related to specific client needs.
Good keyboard and PC skills using word processing and spreadsheet software, familiarity with various software applications, and the ability to learn new software systems.
This position may require routine or periodic travel, which may require the team members to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.
Pay Range
$90,000 - $95,000 AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
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