Surplus Lines Insurance Broker at XPT Specialty in Missoula, Montana

Posted in Other 1 day ago.

Type: full-time





Job Description:

XPT Specialty is a premier specialty insurance Wholesale Broker, Managing General Agent (MGA), and Managing General Underwriter (MGU) with a widespread presence across the nation. Through a wealth of experience and exceptional service, we capitalize on our extensive network of distributors and carriers to service the needs of retail customers across the country.

XPT Specialty is offering an incredible opportunity in Missoula, Montana, for a Commercial Lines E&S Underwriter/Broker. The successful Producer will possess an entrepreneurial mindset and a strong desire to develop a profitable book of Commercial Excess and Surplus Lines business in Montana and its neighboring states.

XPT offers:
• Uncapped earning potential with our highly rewarding bonus structure.
• Tiered Bonus system for reaching higher production milestones.
• Expansive access to top E&S carrier partners and markets.
• In-house underwriting and brokerage support.
• Exclusive carrier relationships and market access.

Key Responsibilities:
• Develop and grow a profitable book of business while actively prospecting and expanding relationships with retail agents.
• Regularly achieve and exceed production targets.
• Drive new business opportunities by tapping into new markets and industry sectors.
• Assess and evaluate risks of varying complexity ensuring eligibility and profitability.
• Negotiate terms with brokers and carrier partners to secure competitive pricing and coverage options.
• Track and analyze production, including new business, renewal retention rates, premium growth, and loss ratios.
• Provide mentorship and support to team members to promote their growth and development.

Qualifications:
• 5+ years in-depth E&S experience.
• Proven track record of meeting or exceeding production goals in a sales-driven environment
• Ability to effectively negotiate terms with carriers and underwriters.
• Commitment to ongoing education and professional growth.
• Strong sales, business development, and relationship management skills.
• P&C Insurance license.

?Benefits:
• Competitive compensation package featuring comprehensive Medical, Dental, Vision, Life, and Disability insurance.
• 401(k) retirement plan with company matching contributions.
• Generous Paid Time Off (PTO) policy to support work-life balance.
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