Insurance Broker

Company: Faison Group
Location: Richmond
Posted on: October 3, 2024

Job Description:

Benefits Broker Job Description: We are seeking a licensed, experienced, and motivated benefits broker to join our team, responsible for prospecting new clients, analyzing their needs, and designing customized benefit solutions to meet their objectives.

We are looking for a benefits broker with a proven record of accomplishment and success in the employee benefits industry. The ideal candidate will have a strong understanding of employee benefits products and services, including health insurance, retirement plans, and voluntary benefits. They will be responsible for building and maintaining strong relationships with clients, insurance carriers, and other industry partners.

Key Responsibilities:

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• Sell and solicit benefit plans that match the needs of clients and prospective customers.
  
• Analyze insurance needs for clients and make recommendations for appropriate coverage options within their budget.
  
• Present proposals to clients and address any questions or concerns they may have.
  
• Coordinate the implementation of new benefit plans, working closely with clients and internal teams.
  
• Monitor industry trends and regulatory changes to ensure clients remain compliant and competitive.
  
• Track and report on key performance metrics, such as client retention and revenue growth.
  
  
  Qualifications:
  
  • 
    
  • Bachelor's degree in business, finance, or a related field (preferred)
    
  • Minimum of 5 years of experience in employee benefits brokerage
    
  • Active insurance broker license (required)
    
  • Proven record of achieving sales targets and building long-term client relationships.
    
  • Strong knowledge of employee benefits products and services.
    
  • Excellent communication skills, including written, verbal, and presentation.
    
  • Ability to work independently and collaborate effectively with team members.
    
  • Proficiency in CRM software and other relevant tools.
    
    
    Benefits:
    
    • 
      
    • Compensation package is a combination of salary plus commission.
      
    • Comprehensive benefits package, including health insurance and retirement plan.
      
    • PTO based on time served.
      
    • Ongoing training and professional development opportunities.
      
    • Supportive and collaborative work environment.
      

Keywords: Faison Group, Newport News , Insurance Broker, Sales , Richmond, Virginia