Discount Brokerage Department Manager jobs in Michigan

Discount Brokerage Department Manager manages and leads a group of discount brokers responsible for the purchase and sale of securities for clients at discounted commissions. Develops marketing programs and strategies to increase profitability and enter new markets. Being a Discount Brokerage Department Manager monitors transactions for accuracy and ensures satisfactory customer service. May interact with the organization's full-service brokers as needed. Additionally, Discount Brokerage Department Manager ensures compliance with any applicable regulations. Requires a bachelor's degree in a related area. Requires NASD Series 7 license. Typically reports to a director. The Discount Brokerage Department Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Discount Brokerage Department Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Brokerage Manager
  • JM WILSON CORPORATION
  • Portage, MI FULL_TIME
  • Supervisory Responsibilities:

    • Manage/Administer team operations; participate in strategic planning and implementation of strategic plans as they relate to the Brokerage team.
    • Manage team workflows, ensuring the team is following SOP’s (Standard Operation Procedures) and company guidelines, while meeting benchmarks set for the team.
    • Prepare and execute semi-annual performance job reviews for each team member.
    • Monitor and encourage team to contribute ideas to the ideas/suggestions database as well as implement the suggestions.
    • Support weekly training sessions of the team to educate associates online of business issues and company underwriting guidelines and forms/endorsements; help maintain staff’s knowledge of any changes by the companies and industry
    • Work with Human Resources for hiring new associates and personnel issues.

    Duties/ Responsibilities:

    • Create new procedures and update SOP’s, as needed, to ensure consistent, high-quality work by each team member.
    • Become knowledgeable of all carriers that are represented and product lines and policy and binder set-ups.
    • Evaluate submissions for acceptability to company underwriting guidelines and distribution to underwriting staff for quotation.
    • Perform agency visits and build JM Wilson presence in the marketplace for the state.
    • Travel to home office, insurance companies, and state conventions as well as customer offices.
    • Attend semi-annual strategic planning meetings, including those for planning annual budgets with benchmarks.
    • Conduct underwriting audits.
    • Ensure that the office has the correct computer hardware and software.
    • Performs other duties as requested.

    Knowledge, Skills & Abilities:

    • Excellent written and verbal communication skills.
    • Detail oriented with creative, customer-centric problem-solving skills, decision making and negotiation skills.
    • Strong time management and prioritization skills with ability to handle requests within company guidelines with frequent interruptions.
    • Excellent leadership qualities in conflict resolution, people management and coaching skills with proven ability to navigate stressful situations with a calm, positive leadership style.
    • Skilled at adapting to and managing changes and corporate goals, vision, and growth.

    Education and Experience:

    • Bachelor's degree required, plus at least two years of experience managing people.
    • Experience with company rating programs.
    • Experience in leading hybrid or remote employees a plus.
    • Computer knowledge of AS400 and Salesforce a plus.
    • Ability to travel as needed.
    • Pay will be commensurate with experience level.

    Physical Requirements:

    • Prolonged periods sitting at a desk and working on a computer.
    • Must be able to lift up to 15 pounds at times.

    Job Type: Full-time

    Benefits:

    • 401(k)
    • Dental insurance
    • Health insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Experience:

    • Underwriting: 3 years (Preferred)
    • Management: 5 years (Preferred)

    Ability to Relocate:

    • Portage, MI: Relocate before starting work (Required)

    Work Location: In person

  • 26 Days Ago

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Relationship Manager - Troy, MI
  • Fidelity Brokerage Services LLC
  • , MI FULL_TIME
  • Job Description: Relationship Manager As a Relationship Manager, you will be facilitating relationships with Fidelity’s most valuable clients. Through your honesty and integrity, we know you will insp...
  • 17 Days Ago

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Relationship Manager - Grand Rapids, MI
  • Fidelity Brokerage Services LLC
  • , MI FULL_TIME
  • Job Description: Relationship Manager As a Relationship Manager, you will be facilitating relationships with Fidelity’s most valuable clients. Through your honesty and integrity, we know you will insp...
  • 7 Days Ago

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Brokerage Account Manager
  • SFL Companies
  • Rochester, MI FULL_TIME
  • Are you looking for a career where you can grow in the Freight Brokerage and Supply Chain Industry? SFL OFFERS: Uncapped Earning Potential Career Growth Opportunities Innovative Technology Casual, Fun...
  • Just Posted

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Brokerage Operations Manager
  • Dupre' Logistics
  • Grand Rapids, MI FULL_TIME
  • Job Description The Operations Manager works in a fast paced environment that is at the hub of activity in our Strategic Capacity Services business unit and must possess a sense of personal responsibi...
  • 17 Days Ago

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Account Manager, Freight Brokerage, Road US
  • DSV Air & Sea Inc.
  • Auburn, MI FULL_TIME
  • If you are a current DSV employee and interested in a position in another country,please contact your Human Resource representative to discuss the process and requirements of applying. Job area: Accou...
  • 1 Month Ago

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Department Manager
  • Lactalis Heritage Dairy
  • Tulare, CA
  • TITLE: Department Manager REPORTS TO: Senior Manager, Production LOCATION: Tulare, CA Lactalis Heritage Dairy is current...
  • 3/29/2024 12:00:00 AM

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Department Manager
  • METALS TECHNOLOGY CORPORATION
  • Carol Stream, IL
  • Metals Technology Corporation a Commercial Heat Treater, located in Carol Stream, Illinois has been servicing the heat t...
  • 3/29/2024 12:00:00 AM

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Department Manager
  • Savers Value Village
  • Alexandria, VA
  • Description Job Title: Department Manager Who we are: As one of the largest for-profit thrift operators in the United St...
  • 3/29/2024 12:00:00 AM

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Department Manager>
  • McDonald's
  • Boynton Beach, FL
  • McDonald's - 1799 N CONGRESS BLVD [Restaurant Shift Manager] As a Department Manager at McDonald's, you'll: Lead a depar...
  • 3/29/2024 12:00:00 AM

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Department manager
  • IGA
  • Kirkland, WA
  • AddThis Sharing Buttons **Offer number :88030** **Department manager** **Prepared food** Full-Time Number of hours per w...
  • 3/29/2024 12:00:00 AM

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Produce Department Manager
  • Dash's Market
  • Amherst, NY
  • We're looking to add hard working, reliable people who take pride in their work and understand how much each customer me...
  • 3/28/2024 12:00:00 AM

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Department Manager
  • Stars and Strikes
  • Raleigh, NC
  • Stars and Strikes Family Entertainment Center is seeking an experienced Manager who is ready to be part of a high volume...
  • 3/28/2024 12:00:00 AM

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DRUG-GEN MDSE/DEPT MANAGER ON DECK
  • Kroger
  • Brentwood, TN
  • Job Description Complete a 4-12 week program (internal 4-6, external 8-12) in preparation of being assigned a department...
  • 3/26/2024 12:00:00 AM

Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Discount Brokerage Department Manager jobs
$123,509 to $188,261

Discount Brokerage Department Manager in Toledo, OH
First, the Discount Brokerage Department Manager should, at the very least, have a Business Administration Degree.
January 05, 2020
Discount Brokerage Department Manager in Hialeah, FL
Traditional brokerages offered two main types of services; managing their clients’ investments and making decisions on their behalf and advising clients about various investment opportunities.
January 24, 2020
Discount Brokerage Department Manager in Buffalo, NY
The first step on the Broker Department Manager’s climb to success should be gaining an education from an accredited school.
December 27, 2019