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Broker Operations Manager Jobs in Arizona (NOW HIRING)

Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls. * Supports the Brokerage team with any ad hoc tasks and requests. Required ...

Wholesale Broker Assistant

Phoenix, AZ · On-site

$25 - $31.25/hr

Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls. * Supports the Brokerage team with any ad hoc tasks and requests. Required ...

Working closely with the Sales VP, Senior Retail Execution Manager, Account Teams, and Broker ... The ideal candidate combines strong operational discipline, cross-functional collaboration skills ...

Operations Advisor - Brokerage

Phoenix, AZ · On-site

$4.6K - $8.8K/mo

Initiate and respond to executives, managers, and senior advisors on issues regarding all aspects ... Customs broker's license preferred. Three (3) years of experience in the customs brokerage industry.

The Retail Broker Manager supports the execution of Swisher's sales, merchandising, and marketing ... Strong understanding of retail operations, merchandising principles, and distribution dynamics ...

What Makes Us Unique We are an empowered primary care team, clinical operations, and support team ... The Broker Manager will be a pivotal resource for the Clinical and Neighborhood Engagement teams ...

Manage production and all pipeline activities * Review and analyze clients as part of a due ... Typically includes extended periods of sitting and/or operation of a computer for up to 8 hours a ...

The Retail Broker Manager supports the execution of Swisher's sales, merchandising, and marketing ... Strong understanding of retail operations, merchandising principles, and distribution dynamics ...

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Broker Operations Manager information

What is the difference between Broker Operations Manager vs Insurance Underwriting Manager?

AspectBroker Operations ManagerInsurance Underwriting Manager
Required CredentialsBroker license, industry certificationsUnderwriting certifications, actuarial knowledge
Work EnvironmentBrokerage firms, insurance agenciesInsurance companies, underwriting departments
Employer & Industry UsageUsed in brokerage and agency settingsCommon in insurance carriers and underwriting firms
Search & Comparison IntentUnderstanding broker operations, managing broker teamsAssessing underwriting processes, risk evaluation

The Broker Operations Manager primarily oversees daily brokerage activities, client relations, and compliance within insurance agencies. In contrast, the Insurance Underwriting Manager focuses on evaluating risks, setting policy terms, and managing underwriting teams. While both roles require industry-specific certifications and work within the insurance sector, their core responsibilities differ—broker managers handle client and broker relations, whereas underwriting managers focus on risk assessment and policy approval.

What does a Broker Operations Manager do?

A Broker Operations Manager oversees the daily operations of brokerage firms, ensuring that trading, compliance, and client service processes run smoothly and efficiently. They manage teams responsible for processing transactions, reconciling accounts, and maintaining regulatory compliance. Additionally, they streamline workflows, implement new technologies, and handle escalations from clients or staff. Their goal is to optimize the firm's operational performance while minimizing risks and ensuring adherence to industry regulations.

What do brokerage operations do?

Brokerage operations involve managing the administrative and logistical tasks necessary for executing and settling trades, ensuring compliance with regulations, and maintaining accurate records. Professionals in this field often use trading platforms and require strong organizational skills to support brokers and clients effectively.

Is operations a high paying job?

Broker Operations Managers typically earn competitive salaries that can vary based on experience, location, and company size. The role often includes bonuses and benefits, with higher compensation potential for those with specialized skills or certifications in finance and compliance.

What is the highest paid type of broker?

In broker operations, investment bankers and proprietary traders tend to be among the highest paid roles, often earning significant bonuses based on performance. These positions typically require advanced financial knowledge, strong analytical skills, and relevant certifications such as the Series 7 or Series 63 licenses.

What are the key skills and qualifications needed to thrive as a Broker Operations Manager, and why are they important?

To thrive as a Broker Operations Manager, you need expertise in financial operations, regulatory compliance, and process optimization, typically supported by a degree in finance or business and relevant industry experience. Familiarity with brokerage platforms, CRM systems, and regulatory reporting tools is essential, and certifications such as Series 7 or Series 63 can be advantageous. Strong leadership, problem-solving abilities, and excellent communication skills help drive team performance and client satisfaction. These competencies are crucial for ensuring smooth, compliant operations and maintaining a high standard of service in a dynamic financial environment.

What are some common challenges faced by a Broker Operations Manager, and how can they be addressed?

A Broker Operations Manager often encounters challenges in streamlining workflow processes, ensuring regulatory compliance, and maintaining clear communication between brokers, clients, and internal teams. Balancing multiple priorities while adapting to evolving industry regulations can be demanding. Addressing these challenges typically involves implementing robust operational procedures, fostering a culture of transparency, and leveraging technology to automate routine tasks. Effective team leadership and ongoing professional development also play key roles in overcoming these obstacles and promoting operational excellence.

What do broker managers do?

A broker operations manager oversees the daily functions of brokerage firms, ensuring compliance with regulations, managing staff, and streamlining processes. They often coordinate between brokers, clients, and regulatory bodies, and may use specialized software to monitor transactions and performance.
What cities in Arizona are hiring for Broker Operations Manager jobs? Cities in Arizona with the most Broker Operations Manager job openings:
Wholesale Broker Assistant

Wholesale Broker Assistant

Ryan Specialty

Phoenix, AZ

$25 - $31.25/hr

Full-time

PTO

Posted 19 days ago


Job description

Position Summary

Job Description Summary
RT Specialty is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers' compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry.
As an independent wholesale broker, we are a critical intermediary in the distribution channel from insurance carriers and retail brokers.
The Broker Assistant is responsible for providing operational support to the brokerage team by efficiently handling day-to-day operational tasks. The role contributes to the seamless functioning of daily operations, ensures compliance with regulations, and facilitates effective communication within the brokerage team. They work closely with brokers to ensure timely transaction completion through paperwork processing and coordinating with other departments in the firm.
Location: Atlanta, San Francisco, Boca Raton, Phoenix, St. Louis

What will your job entail?

  • Assists in executing and coordinating day-to-day brokerage operations and supports the implementation and improvement of operational procedures.

  • Coordinates with the broker to prepare documents, cover letters etc. to market renewal business and provides necessary administrative support in filing, printing, and archiving documents.

  • Administers and updates new and current client information in all required systems accurately.

  • Maintains accurate and organized records of client accounts, transactions, and other relevant documentation and ensures compliance with record-keeping regulations.

  • Performs customer service functions by answering broker requests and questions by telephone, email, chat, or in person.

  • Contributes to the preparation of compliance reports related to brokerage operations and collaborates across broker and finance teams on business requirements.

  • Adheres to regulatory requirements and internal policies and assists in the preparation of compliance reports.

  • Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls.

  • Supports the Brokerage team with any ad hoc tasks and requests.

Required Qualifications:

  • Bachelor's degree required; Business Administration, Sales, and Risk Management preferred. Any other related discipline or commensurate work experience considered.

  • Ability to multi-task, communicative effectively and work in a very past paced, high performing team environment


Preferred Qualifications:

  • Highly Preferred: Active Property & Casualty license and/or willingness to obtain within the first 45 days of employment

  • 1+ years of Commercial insurance experience

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization.Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression,sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners,and communities.This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target hourly rate range for this position is $25.00 - $31.25 per hour.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.