Broking and Placement Specialist - Commercial

October 16 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Vancouver, BC • Full time

We offer more than a job, we offer a career!

  • We support our employees to shape their career by encouraging continuing education and investing in training and development.
  • We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
  • We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
  • We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
  • We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
  • We recognize the importance of work life balance with our hybrid work program, wellness allowance, and year-round social activities and events.

BFL CANADA is seeking a Broking and Placement Specialist for its Vancouver Office!

As a member of our Commercial division you will work in close collaboration with the team, building and fostering strong relationships with Insurers, and other industry service providers.

If you're looking for a dynamic work environment, keep reading!

Your day as a Broking & Placement Specialist

  • Manage the marketing process in close collaboration with the CEs and CSMs within the team
  • Engage insurers early in the renewal process to determine what is required for renewal and communicate this to the CEs/CSMs promptly
  • Proactively prepare accurate and comprehensive Underwriting Submission
  • Review policy wordings and other documentation for accuracy and completeness and issue manuscript polices when required
  • Work with insurers to determine and provide comprehensive coverage solutions to better meet our clients' changing operations
  • Stay current on new product offerings from insurers
  • Organize and work together with the CSAs in the team to process Cover Notes/Renewals/Endorsements
  • Responds to Insurers on account receivables and liaises with the CEs, CSMs and CSAs to ensure payments to insurers are made in a timely manner
  • Collaborate with team on creating Insurer and Client Presentations
  • Liaise with clients to obtain required underwriting information and other risk details
  • Attend client meetings and discuss marketing results and tactics implemented

Skills to be successful in the role:

  • Strong negotiation and communication skills
  • Detail oriented and able to review policy wordings and other documentation for accuracy and completeness
  • Strong relationships with relevant industry insurers locally, nationally and internationally
  • Be solution oriented when faced with obstacles in the renewal process

Our ideal candidate

  • Minimum 3 years Commercial insurance experience or relevant insurance education
  • Level 2 license (insurance designation, CIP or CAIB preferred) or working towards the designation and licensed in other Provinces across Canada
  • Maintenance of licensing requirements/ continuing education
  • Strong negotiation skills
  • Excellent communication skills, listening, verbal, and written
  • Ability to work well independently, as part of a team, and with others throughout the organization
  • Presentation training
  • Competitive
  • Creative mindset
  • Detail oriented
  • Strong time management
  • Must be service oriented, with strong insurer relationships
  • Positive attitude and a desire to grow
  • Willingness to go beyond the job description
  • Excellent technical skills working with of Excel, Microsoft Word, Outlook, and PowerPoint

The expected salary for this role ranges from $70,000 to $120,000. Annual salary will be determined by factors including prior experience, location, business segment, and relevance of the candidate's skills to the role.

Who we are

Founded in 1987 by Barry F. Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. The firm has a team of over 1300 professionals located in 26 cities across the country. BFL CANADA is a founding Partner of Lockton Global LLP, a partnership of independent insurance brokers who provide Risk Management, Insurance and Benefits Consulting services in over 140 countries around the world.

Here at BFL our employees have the freedom to demonstrate their own creativity, leadership and entrepreneurship because we strongly believe in them. We are a national collaborative team that thrives in a fast-paced environment.

Office Information

Our Vancouver office is situated in Coal Harbour, half a block from the world renowned Seawall. Employees often enjoy activities along the Seawall during their lunch break with Stanley Park being close by. Our office is easily accessible for employees by car and public transit and there are bike storage lockers in our building.

Let's stay in touch: follow us on LinkedIn to get privileged access to our activities and see our other job opportunities.

Learn more about us on our website: http://www.bflcanada.ca/

BFL CANADA is an equal opportunity employer.

We welcome and encourage applications from people with diverse abilities. BFL Canada is committed to fostering an environment that is diverse, equitable, inclusive and accessible to all. The diversity of our talents enables innovation and creativity through diverse backgrounds, different thinking and unique knowledge. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Offers of employment at BFL CANADA are conditional upon satisfactory results of background verifications.

#LI-Hybrid

Apply now!

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