Associate Placement Broker, Commercial Insurance

Who We Are

We are BC’s largest Insurance Broker and looking for individuals to grow with us! A career at HUB means your career opportunities are endless. From auto, personal or commercial lines, claims, employee benefits, administration, to becoming a full-time producer or account manager, we have a role for you. Our culture is renowned within the industry, and we value our people. Helping our clients protect what matters most is crucial to who we are, and we are on the lookout for those who share the same passion. 
 

The Opportunity

Are you looking to progress your career to the next level in commercial insurance?

We are looking for an Associate Placement Broker to join our collaborative team. The successful candidate is a self-starter who will work in collaboration with the production team to strategize, develop and market new and renewal business for our clients. This person should have a good understanding of the insurance marketplace and be able to build and maintain strong working relationships with insurance carriers and clients.  Strong negotiating and technical skills are required to analyze information and prepare effective proposals and reports.  The ability to prioritize and multi-task in a fast-paced environment will lead this individual to success!

Our Burnaby location is our head office and is centrally located in the Willingdon Business Park. This location is easily accessible by the Gilmore sky train station with many shops, restaurants and other amenities nearby.

The Responsibilities

• Coordinates, plans and develops marketing initiatives for our clients
• Negotiates terms for new business, renewals, and mid-term changes with insurance carriers
• Gathers and organizes the information provided by Account Managers, Producers, internet, and other sources to facilitate the renewal and new business submissions
• Reviews the expiry lists in advance and determines the following:
  • Which accounts should be sent to market
  • Which markets should be approached
  • What information is required by insurers for renewals and new business
• Tracks and maintains a log of Insurers submission responses
• Prepares insurance summaries, underwriting proposals and cover notes for the producers along with the senior placement team
• Analyzes and reviews policy wordings to ensure the proper coverages are in place
• Ongoing monitoring of the insurance marketplace. Maintains a current database of changing company "appetites"
• Daily review of activities and follow ups with Insurers on outstanding items (endorsements, policy wordings, quotes etc.)
• Review and compare quotations received to ensure accuracy and outline any coverage restrictions
• Provide alternate carrier options as needed
• Ensures that there are no gaps in coverage for our clients
• Perform other specific duties and projects as assigned by management
• Prepares a summary of losses paid by insurers vs. premiums paid by the insured to assist in negotiating terms.
• Binding of coverage, preparing documentation, certificates of insurance, mid-term changes, etc. in a timely fashion.
• Other duties & responsibilities as required

The Requirements

• 3+ years of Commercial Insurance experience; if you are a commercial insurance advisor looking to transition to placement broking, this is the role for you!
• Strong technical knowledge and experience working with and interpreting insurance policies
• Highly detail oriented with a high level of accuracy
• Good verbal and written communication skills
• Must be highly tech savvy and able to work efficiently with excel
• Ability to work in a team-based environment
• Be able to prioritize and work in a fast-paced, dynamic environment with changing priorities
   

Asset experience that will make you stand out:

• EPIC and Policy Works experience an asset

The expected salary range for this position is $55,000 to $70,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include extended health benefits, disability insurance, RRSP matching, paid-time-off benefits, and eligible bonuses, and commissions for some positions.

Where This Can Take You

We invest in our employees! We offer hands-on coaching and mentorship, alongside extensive training to ensure you succeed, today and tomorrow. Your journey with HUB can open doors to a diverse, rewarding career within the insurance industry and beyond!

What We Offer

• Competitive compensation
• Company matching RRSP contributions
• Tuition financing and career-related training and development
• Customizable flexible benefits options for you and your family
• Mental and physical wellness initiatives
• A positive, collaborative and team-oriented environment
• Ongoing personal and career development

If this sounds like a place you want to be or want to talk to us about the role and opportunities, contact us/apply now. 

Our Culture Starts with You

• We are looking for SELF-STARTERS with an ENTREPRENEURIAL mindset who will take OWNERSHIP of their business
• We want you to be INNOVATIVE and open to sharing your ideas
• You work with URGENCY while providing a high level of PROFESSIONAL SERVICE towards our customers, communities, & colleagues.
• You are a TEAM PLAYER who positively impact those around them; We MOTIVATE each other to GROW TOGETHER
• You work with a high degree of INTEGRITY and ACCOUNTABILITY

To find associated positions at our HUB simply search myHUBbc as a keyword in the search bar on our careers page!

Department Account Management & Service

Required Experience: 2-5 years of relevant experience

Required Travel: No Travel Required

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team HUBRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.