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001 Brown & Brown, Inc
Commercial Placement Specialist
Career Insights for Compensation / Benefits Manager
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Scorecard
Based on Arizona data
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What they do
A Compensation or Benefits Manager manages compensation and benefits systems and records for an organization or company. Determines pay structure and job classifications for company employees. Supervises payroll, accounting of employee benefits, and payout of benefits such as pensions or disability insurance.
$115,543 / year median in Arizona
+12% projected growth
Job Description
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 a Property Casualty Marketing Representative to join our growing team in Phoenix, AZ. Commercial Placement Specialist efforts with competing insurance companies on an account-by-account basis for sales and customer service teammates. Responsible for reviewing, analyzing, and improving quotes received, evaluating, and negotiating coverage and price for renewals and prospective business.
How You Will Contribute:
Coordinate the procurement of alternative quotes and carrier options to retain existing insurance programs. Analyze market information to develop, design, and implement creative strategies for sales team members. Review and recognize areas for improvement in existing policies and competing quotes and evaluate options alongside the sales team member and service representative. Negotiate with insurance carriers' competitive coverage and pricing options on behalf of our client. Provide sales and customer service teammates with any market information or insight. Monitor, identify , and develop new methods, new markets, and new opportunities. Review submissions from either the producer or account manager for completeness and accuracy. Review submissions to determine appropriate insurance companies for account solicitation. Identify new markets through research and begin the process to contract with insurance companies or brokers if necessary and given approval from management. Utilize and direct assistants in the process of online rating and proposal creation. Skills & Experience to beSuccessful:
Required:
Minimum education - college degree or related work experience Proficient with MS Office & Excel Exceptional telephone demeanor Ability to maintain a high level of confidentiality 3-5 years of experience in a similar position Must have and maintain a current P&C License for the required states.Preferred:
Independent insurance agency experience Property and Casualty Insurance Designation, such as CISR, CRIS, AAI, or similar designation #LI-KM1 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. Recruiting Vendor Disclosure Statement Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page. 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".Benefits
- Paid Time Off (PTO)
- Financial Aid/Assistance
- 401(k) Plans
- Employee Stock Options (ESOs)