Current Search Criteria
Associate Commercial Placement Broker Vancouver, BC
HUB International is continuously GROWING, and we are looking for individuals with an ENTREPRENEUR mindset to join our team!
We are the 5th largest insurance brokerage in the world with 16,000+ employees across North America. Our culture is renowned within the industry, and we value our people and their development! We invest our time in helping highly self-motivated individuals achieve their goals in our fast-paced and dynamic environment.
We are Proud to Offer
Hybrid work arrangement
Competitive compensation
Comprehensive tuition financing and career-related training and development
Customizable flexible benefits options for you and your family
A progressive employee assistance program through LifeWorks
Mental and physical wellness initiatives
A positive, collaborative, and team-oriented environment
Ongoing personal and career development
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 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 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
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
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 impacts 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
Required Education: Some college (no degree)
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.