Job Information
Hub International Senior Placement Broker, Commercial in Burnaby, British Columbia
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 commercial lines, employee benefits, to becoming a full-time producer or account executive, 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.
What We’re Looking For
YOU can be our next Senior Commercial Placement Broker. 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. They should have a good understanding of the insurance marketplace and be able to build and maintain good working relationships with insurance carriers.
Our Burnaby Still Creek Head Office is centrally located in Willingdon Business Park. This location is easily accessible by the Gilmore Skytrain Station and near many shops, restaurants and amenities. Complimentary on-site fitness facilities and a shuttle service to Skytrain and the Amazing Brentwood is also available.
Requirements
Level 2 General Insurance License
Post-Secondary education or equivalent work experience
10+ years of Commercial Lines insurance experience
Minimum 5 years of Commercial Placement Broking/Marketing experience
Strong technical knowledge and experience working with and interpreting insurance policies
Detail oriented with a high level of accuracy
Excellent verbal and written communication skills
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:
Working knowledge of EPIC and PolicyWorks
Those who are working towards or possess the CAIB, CIP, FCIP or CRM designations are preferred
A Day in the Life
Coordinates, plans, and develops marketing/broking 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 Production 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"
Acts as the senior client contact when the Producer is unavailable
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
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.
Mentorship of junior staff
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
The expected salary range for this position is $95,000 to $115,000 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.
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: 10-15 years of relevant experience
Required Travel: No Travel Required
Required Education: Diploma
Hi, we’re HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
About HUB International
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.
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