Associate Placement Specialist

Associate Placement Specialist — Woodbury, NY

At Sterling Risk, our employees are the driving force behind our success. We take pride in going the extra mile to support our employees, reinforcing our commitment to being a Great Place to Work and a Fortune Best Workplace. We foster a culture where new ideas and diverse perspectives are not just encouraged but valued. Our Values Blueprint, centered on Integrity, Innovation, Collaboration, Care & Respect, and Excellence, shapes our daily operations, making us a leader in the insurance industry.

This position involves day‑to‑day responsibilities that require independent judgment and discretion, contributing to the department’s ongoing success. This role requires a strong understanding of insurance products, carrier appetites, and underwriting requirements, as well as excellent organizational and communication skills.

• Responsible for supporting the marketing of commercial insurance accounts by marketing submissions to insurance carriers and/or wholesalers, negotiating terms, and assisting producers and account teams in securing competitive coverage for clients and prospects.
• Assist in the marketing of new and renewal business to appropriate insurance carriers to obtain competitive quotes and coverage terms.
• Provide administrative and analytical support to the placement team.
• Analyze and compare carrier quotes to determine the most suitable options based on client needs and risk profile.
• Prepare and issue submissions to carriers via email, portals, or wholesaler relationships.
• Negotiate pricing, terms, and conditions with underwriters to achieve optimal client outcomes.
• Build and maintain a strong working relationship with insurance carriers, wholesalers and underwriters.
• Collaborate with producers, account managers and placement specialists to develop placement strategies.
• Track marketing activity, carrier responses, and renewal timelines to ensure deadlines are met.
• Assist in the review of quotes and coverage details for accuracy and completeness.
• Assist in troubleshooting coverage or placement challenges and identify alternative market solutions.
• Stay current on market conditions, carrier appetite changes, and industry trends.
• Support binding process by coordinating with carriers and internal stakeholders.
• Document marketing efforts and maintain accurate records in the agency management system.
• Evaluate, identify, compile and manage information regarding new business and renewals.
• Prepare and review Acords and complete loss summary reports for new business opportunities.

N/A

• Understanding of commercial lines coverages (e.g., GL, property, auto, umbrella, workers’ compensation)
• Familiarity with insurance carriers, wholesalers, and market appetites
• Proficient in Outlook, Excel, Word, EPIC, Core Logic and Salesforce
• Strong analytical and problem‑solving abilities
• Ability to manage multiple deadlines in a fast‑paced environment
• High level of attention to detail and organizational skills
• Negotiation and influencing skills
• Relationship management
• Time management and prioritization
• Technical insurance knowledge;
  Knowledge of policy wording and language
• Customer‑focused mindset
• Strong oral and written communication skills
• Work well under pressure
• Ability to work independently and take initiative

• Active New York State Property & Casualty Broker License
• 2+ years of experience in commercial insurance placement, underwriting, or account management

The statements above are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of…