Commercial Sales Associate
Alarm.comSalary not specified
Associate Advisor, Commercial Risk - Insurance Advisory Solutions at Foundation Risk Partners
Bethesda, Maryland, United States
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Risk ManagementIndustries
Requirements
- Obtain and maintain a state insurance license, as required by the State Department of Insurance, within the first 90 days of employment
- Basic knowledge of Microsoft Word and Excel
- Ability to learn appropriate insurance company and firm software systems
- Excellent communication and presentation skills
- Strong ability to persuade, motivate, and influence others
- Demonstrates core values, exuding behavior that is aligned with the firm’s culture
Responsibilities
- Grow your own book of business, including generating, prospecting, soliciting, and closing new accounts
- Begin to retain your own clients
- Identify and generate new sales opportunities through analysis and discovery
- Participate in sales meetings to review sales activities and prospective customers with leadership
- Develop a full working knowledge of respective insurance line products and procedures
- Learn to present proposals in a professional manner, reviewing coverages in detail to ensure understanding
- Maintain an understanding and knowledge of insurance industry and underwriting criteria for Insurance Company Partners represented by the firm
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Associate Advisor position?
This information is not specified in the job description.
Is this role remote, onsite, or hybrid?
The location type varies and can be onsite, remote, or hybrid, but specific details are not provided.
What skills are required for this position?
Required skills include obtaining a state insurance license within 90 days, basic proficiency in Microsoft Word and Excel, ability to learn insurance software, excellent communication and presentation skills, and strong persuasion abilities.
What is the company culture like at Baldwin Risk Partners?
The firm has a highly differentiated culture that clients consider an invaluable expansion of their business, and candidates should demonstrate core values aligned with the firm's culture.
What makes a strong candidate for this Associate Advisor role?
Strong candidates will have excellent communication and persuasion skills, the ability to obtain a state insurance license quickly, proficiency in Microsoft Office, learning agility for software systems, and alignment with the firm's culture.
Foundation Risk Partners
Insurance brokerage and consulting services
About Foundation Risk Partners
Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.
Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation
Risks
Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.
Differentiation
Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.
Upsides
AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.
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