Broker (Rochester)

ICAT in Rochester, NY

  • Industry: Financial Services - Banking/Investment/Finance - Securities Broker
  • Type: Full Time
  • $129,315.00 - 194,360.00
position filled

Location: New York , New York , United States

Broker I is responsible for supporting the broking placement process and execution of the clients go to market strategy The Broker I coordinates his or her efforts with the senior broking team for the account in order that the transaction is aligned with the overall engagement. Broker I coordinates the Technical Assistants and/or Associate Brokers responsibilities with respect to creating the underwriting submission and managing the flow of information during the placement process.

Responsibilities Include:

  • Update management on issues, progress, etc, regularly and upon request.
  • Assist senior brokers with complex analysis
  • Provide thorough review of contract documentation to ensure contract drafter has accurately captured terms and conditions for negotiation and finalization
  • Monitor follow-up on contract documentation, ensuring the timely flow of materials
  • Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc), with the help of Market Information Department, Legal Department, and other departments as needed.
  • Develop deeper functional knowledge in capability areas
  • Understand all best practice procedures and compliance policies.
  • Follow all best practice procedures and compliance requirements, including but not limited to building a complete placement file as the placement progresses to minimize errors & omissions.
  • Obtain the most appropriate market placements and services for assigned accounts based on senior brokers assessment of client needs.
  • Respond to client queries and concerns, resolving issues promptly.
  • Assist with the design of new programs and recommendations for clients needs, placing business with client-approved reinsurers.
  • Assist in responding to client request for information (reinsurer financial reports, industry issues, etc), coordinating with Market Information and other departments as necessary.
  • Establish and maintain strong relationships with reinsurers, clients, colleagues at Guy Carpenter.


  • Bachelors Degree is required.
  • 5 years related experience.
  • Thorough knowledge of insurance/reinsurance concepts and terms for developing and placing reinsurance programs, preparing placement slips and cover notes and drafting or amending new and existing contracts.
  • Interpersonal skills for establishing and maintaining good client, reinsurer and internal relationships.
  • Solidverbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and GC colleagues at many levels.
  • Good ability to prioritize workload according to volume, urgency, etc andfind creative solutions to new problems, as they arise.

Learn about the people working to make MMC a place for everyone.

Stay Connected

Join our Talent Community and receive information on future opportunities.

Associated topics: bond, broker, broker dealer, brokerage, capital, fiduciary, fund, market, securities broker, stock

You may be interested in these similar jobs!
Entry-Level leasing agent (Fairport)
Myspace in Fairport, NY

Top Brooklyn Brokerage Seeking Experienced and Entry Level Leasing Agents! Come join MySpace NYC, one of the fastest growing rental focused brokerage…

Read More
Financial Advisor (Rochester)
Blue Ocean Wealth Solutions in Rochester, NY

We are currently seeking Financial Services Professionals who can bring the strength of our products to the South Asian community. At MassMutual, we…

Read More
Self-Direction Broker - 8110
Lifetime Assistance in Rochester, NY

ProgramCommunity ServicesResponsibilitiesActs as Broker on behalf of assigned self-directing individuals. Works closely with the self-directing indiv…

Read More
LEASING AGENT - Part-Time - NY20033 (The Hamilton)
Conifer Realty in Rochester, NY

LEASING AGENT NEW OPPORTUNITY ROCHESTER, NYPART-TIME / 20-24 HOURS/WEEKAs a Leasing Agent at Conifer Realty you will:Be responsible for assisting in …

Read More
Suffolk County Exam IFM - Investment and Financial Markets Jobs (Fairport)
Varsity Tutors in Fairport, NY

#Suffolk County Exam IFM - Investment and Financial Markets Tutor Jobs Varsity Tutors has students in #Suffolk County looking for Exam IFM - Investme…

Read More
Westchester Exam IFM - Investment and Financial Markets Jobs (Fairport)
Varsity Tutors in Fairport, NY

#Westchester Exam IFM - Investment and Financial Markets Tutor Jobs Varsity Tutors has students in #Westchester looking for Exam IFM - Investment and…

Read More
Rochester Regional Health-Dermatology Opportunity
Rochester Regional Health in Rochester, NY

Rochester Regional Health , a large integrated health system in Rochester, NY is actively recruiting a BE/BC Dermatologist. Join an established netwo…

Read More
Dermatopathology Physician Opportunity
Rochester Regional Health in Rochester, NY

Rochester Regional Health, located in Rochester, New York is seeking a second Dermatopathologist at Rochester General Hospital. Candidates should be …

Read More
Looking For A Foreign Language Tutor In Rochester. in Rochester, NY

Rochester family needs a part-time tutor for Foreign Language. UKRAINIAN LANGUAGE.

Read More
Rochester Regional Health-Outpatient Psychiatry, Rochester, NY
Rochester Regional Health in Rochester, NY

Award-winning Rochester Regional Health is seeking dynamic BE/BC Psychiatrists to join a rapidly expanding group of highly accomplished clinicians at…

Read More