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
Microsoft Excel
Microsoft Word
Insurance License
Sales Prospecting
Business Development
Client Retention
Communication Skills
Presentation Skills
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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