Insurance Placement Specialist I Salary in the United States

The Insurance Placement Specialist I assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Being an Insurance Placement Specialist I requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Develops recommendations to advises customers on the best options that will meet their needs and to place and retain the business. In addition, Insurance Placement Specialist I requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. Being an Insurance Placement Specialist I occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Insurance Placement Specialist I typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)

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