Associate Advisor, Commercial Risk - ( Must be based within the New England area - MA, NH, ME, RI, CT, VT ) at Foundation Risk Partners

Kingston, Massachusetts, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Must be based within the New England area (MA, NH, ME, RI, CT, VT)
Maintains all licenses as required by the State Department of Insurance or be willing and able to obtain all required licenses within the first 90 days of employment
Excellent communication and presentation skills
Strong ability to persuade, motivate, and influence others
Demonstrates the organization’s core values, exuding behavior aligned with the firm’s culture
Basic knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
Ability to learn any other appropriate program or software system used by the firm as necessary
Ability to work in a fast-paced, multi-tasking environment

Responsibilities

Generate, prospect, solicit, and close new accounts
Begin to retain existing 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 commercial lines products and procedures
Learn to present proposals professionally, reviewing coverages in detail to ensure understanding
Maintain an understanding and knowledge of insurance industry and underwriting criteria for Insurance Company Partners

Skills

Commercial Lines Insurance

Business Development

Sales Prospecting

Client Retention

Insurance Proposals

Underwriting Criteria

Insurance Licensing

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

Associate Advisor, Commercial Risk - ( Must be based within the New England area - MA, NH, ME, RI, CT, VT ) at Foundation Risk Partners

Requirements

Responsibilities

Skills

Foundation Risk Partners

About Foundation Risk Partners

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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