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P&C Insurance Marketing Specialist - 3DH8J in Rochester, NY at M&T Bank

Date Posted: 3/23/2018

Job Snapshot

Job Description

M&T Insurance Agency, Inc., is the wholly owned property and casualty insurance subsidiary of M&T Bank. M&T Insurance Agency is licensed in nearly all fifty states and represents clients at the local, regional, national and international levels.
 
M&T Insurance Agency offers a unique combination of innovative products and services to meet the rapidly changing needs of our clients. We have relationships with some of the largest insurance companies in the world, which gives us access to a wide range of coverages.
 
Our business units serve a wide range of industries, including manufacturing, retail, service, construction, environmental, real estate, transportation, non-profit, healthcare, technology, telecommunications, and energy. We specialize in Commercial, Personal, Surety & Executive Protection, and Group Benefits.
 
M&T Insurance Agency is headquartered in Buffalo, NY, where the company was founded in 1955. The agency maintains six offices throughout the Northeastern United States and the Mid-Atlantic.
 
FUNCTION:
 
Market and negotiate quotation terms on new and renewal accounts with Carriers. These programs include Large Deductible, Retros, Self Insurance and other Alternatve Risk Programs.
 
POSITION RESPONSIBILITIES:
  • Review and analyze insurance programs (coverage, limits, deductibles, retentions, classifications, et al) for new and renewal business submissions; recommend improvements to strengthen insurance coverage.
  • Analyzes, evaluates and reviews insurable exposures, loss information, experience modification data and insurance industry trends, as applicable.
  • Communicate and build rapport with insurance company underwriters and brokers to obtain insurance quotes and negotiate pricing, terms and conditions.
  • Prepare new and renewal business proposals and other presentation documents to assist sales efforts of agency producers 
  • Collaborate with agency producers and service team to ensure marketing expectations are being met, agency procedures are followed and marketing activities are adequately documented in agency management system.
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  identify risk-related issues needing escalation to management.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
MINIMUM QUALIFICATIONS REQUIRED:
  • Bachelor’s degree and a minimum of 5 years’ relevant experience, OR in lieu of a degree, a combined minimum of 9 years’ higher education and relevant work experience.
  • Very good communication skills
 IDEAL QUALIFICATIONS PREFERRED:
  • 5 or more years Property and Casualty experience
 
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.