More jobs:
Commercial Lines Placement Specialist
Job in
Chicago, Cook County, Illinois, 60290, USA
Listed on 2026-01-23
Listing for:
Acrisure, LLC
Full Time
position Listed on 2026-01-23
Job specializations:
-
Insurance
Risk Manager/Analyst -
Business
Risk Manager/Analyst
Job Description & How to Apply Below
** Job Description
**** About Acrisure
** A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries.
Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.
*
* Job Summary:
** The individual in this role will be responsible for managing and executing key components of the new business and renewal processes for mid-to-large commercial insurance accounts. This includes overseeing timelines, conducting exposure and financial analysis, preparing quote specifications, negotiating complex coverage terms, and presenting comprehensive proposals to clients.
The Placement Specialist – Commercial Lines--Large/Mid-Market is also responsible for strategizing placement approaches for complex accounts, including the evaluation of large deductible programs, captives, and layered insurance towers to deliver optimal risk transfer solutions. The role requires independent decision-making, strong analytical and negotiation skills, and close collaboration with Client Advisors, Account Service Teams, and carrier partners.
** Responsibilities:**
* ** Timeline & Process Management:
** Responsible for maintaining the timeline and process during the new business and renewal process, inclusive of exposure analysis, quote specifications, analysis and negotiation of coverage offers, and preparation and presentation of coverage proposals.
* ** Market Strategy:
** Create and execute marketing strategies for select accounts, determining where to market based on risk characteristics, large deductibles, captives, and detailed market analysis.
* ** Alternative Risk Analysis:
** Evaluate and analyze alternative risk financing mechanisms, including large deductible programs and captive structures, to determine the most advantageous placement approach.
* ** Coverage Structuring:
** Strategize and build insurance towers for select accounts to provide higher coverage limits beyond standard primary policies.
* ** Decision-Making Authority:
** Exercise independent judgment in the placement of accounts with alternative carriers, balancing client needs with market conditions.
* ** Year-End Review:
** Responsible for year-end book review for select accounts to assess placement performance, carrier relationships, and renewal strategy.
* ** Communication:
** Communicate effectively within the team environment, inclusive of the Client Advisors and Account Service Team, as well as with markets. Collaborate directly with Client Advisors in client-facing discussions on marketing strategy and placement outcomes.
* ** Policy Review & Recommendations:
** Review insurance policies and contracts and make recommendations for improvement.
* ** Submission Preparation:
** Work with others to prepare property and casualty insurance submissions for new business prospects and renewing accounts including, but not limited to: insurance specifications for each line of coverage, ACORD applications using firm’s agency management system, loss summaries, prospect profiles, and exposure schedules.
* ** Data Analysis:
** Analyze Excel spreadsheets of prospect client exposure and/or loss data, as well as develop financial models of loss-sensitive programs when necessary.
* ** Market Relationships:
** Maintain familiarity and working relationships with various insurance companies and wholesalers, and stay informed of carrier appetites and market trends.
* ** Confidentiality:
** Handle confidential and non-routine information.
* ** Carrier Systems and Comparative Rating Tools:
** Use rating tools and carrier systems, when applicable, to assist in the quoting and proposal development process.
* ** Licensing Compliance:
** Abide by and maintain…
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