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Insurance Development Jobs in New York (NOW HIRING)

Atlas Air

Sr Risk & Insurance Analyst

White Plains, NY · On-site

Maintain current on insurance developments, markets and best practices. Qualifications: * Minimum 2 - 3 years' experience in a similar position or related experience (ARM, CPCU, P&C broker's license ...

Atlas Air

Sr Risk & Insurance Analyst

White Plains, NY · On-site

Maintain current on insurance developments, markets and best practices. Qualifications: * Minimum 2 - 3 years' experience in a similar position or related experience (ARM, CPCU, P&C broker's license ...

Socket.dev

Insurance Coverage Attorney

Manhattan, NY · On-site

$180 - $250/hr

Our firm is dedicated to your professional development, providing comprehensive training ... Experience representing clients in insurance coverage litigation matters is preferred. * Candidates ...

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Insurance Development information

What is the difference between Insurance Development vs Insurance Underwriter?

AspectInsurance DevelopmentInsurance Underwriter
Primary RoleDesigns new insurance products and strategies to meet market needsEvaluates and assesses individual insurance applications to determine coverage and premiums
Required SkillsMarket analysis, product design, industry knowledgeRisk assessment, decision-making, analytical skills
Work EnvironmentCollaborative, strategic planning teamsAssessment-focused, often in underwriting departments
CertificationsOften requires industry certifications, but less standardizedProfessional designations like CPCU or ARM are common

Insurance Development focuses on creating and strategizing new insurance products, while Insurance Underwriters evaluate individual applications to determine coverage. Both roles require industry knowledge, but their daily tasks and skill sets differ significantly, with development emphasizing market strategy and underwriting emphasizing risk assessment.

Insurance Development jobs near you

Senior Insurance Development Executive

Colonial Surety Company

Woodcliff Lake, NJ • On-site

$150K/yr

Full-time

Posted 23 days ago

Job description

Job description:

About Colonial Surety Company

Founded in 1930 and rated "A" (Excellent) by AM Best, Colonial Surety Company is a leading national direct seller and writer of surety bonds, fidelity bonds, and business insurance products, licensed and admitted in all U.S. states and territories. We combine nearly a century of industry expertise with proprietary technology, including our I-Bond and I-Insurance platforms, to make obtaining bonds and insurance simple, direct, and instant for businesses and professionals nationwide. Through The Partnership Account, we also equip partners including insurance agents, attorneys, contractors, associations, and pension professionals with powerful digital tools that streamline bonding and insurance placement.

We are seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives. This role offers a genuine growth opportunity within the company, working across business and distribution channels with a focus on vertical initiatives, program business, existing client relationships, and target markets.

Position Overview

The Senior Insurance Development Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing program initiatives, and supporting both existing and new business development efforts.

This is an in office-based position in Woodcliff Lake, NJ, that requires travel to meet with clients, attend conventions, and participate in industry seminars.

Our schedule is Monday through Friday from 8:30 AM to 5:30 PM. Our personnel policy requires all employees to maintain a professional appearance and adhere to the company's business attire and grooming standards, including our clean-shaven policy.

Key Responsibilities

  • Manage corporate program initiatives across business and distribution teams
  • Execute vertical market strategies
  • Drive new business development in targeted markets, associations, MGAs, and large commercial insurance agencies
  • Collaborate with internal sales staff and marketing teams
  • Support and expand existing programs and initiatives
  • Attend client meetings, industry conventions, and seminars

Qualifications

  • Minimum 10 years of experience working for a medium-sized insurance agency, MGAs, aggregator or program administration
  • Proven track record in commercial insurance sales to small and mid-sized businesses
  • Insurance Program Market knowledge
  • Strong product knowledge of:
    • Professional Liability
    • General Liability
    • Business Owner's Policy (BOP)
    • EPLI
    • Cyber Liability
    • Directors & Officers (D&O)
    • Fiduciary Liability
  • Bachelor's degree in Finance, Business, Marketing, or related field preferred
  • Strong computer skills including MS Office, Google Business Suite and CRM familiarity

Personality Profile

  • Excellent interpersonal and collaborative skills
  • Entrepreneurial mindset
  • Strong communication skills
  • Self-starter with strong organizational, planning, and time management skills
  • Intuitive, common-sense decision-making abilities
  • Motivated by exceeding targets tied to compensation plans
  • Hunter mentality

Compensation

  • Base Salary: $150,000
  • Additional Bonus Structure

A cover letter is required when applying for this position