Commercial Lines Surety Account Executive
3 weeks ago
Commercial Lines Surety Account Executive
Buffalo, NY
Full Time
Work for a top of the line global well know Commerical & Property Casual Insurance Company Great Salary and Benefits
Primary account responsibility for retaining significant Surety book of business. Responsible for managing client service needs. Activities include, but not limited to new and renewal marketing and handling client questions and requests. Responsibilities include aiding Sales Executives.
Responsibilities:
· Manage or direct client accounts/relationships to ensure retention and growth of book of business.
· Provide technical support to Sales Executives, specifically in analyzing client needs, coverage forms and capacity.
- Manage or directs account marketing, generally utilizing established markets but may be responsible for market development.
· Research market trends, develops strategies and negotiates favorable arrangement and relationships.
· Manages or directs the development of submissions.
Identify exposure to loss and recommend appropriate coverages in coordination with Sales Executives.
- Generate Client Service Plan that reflects client's business and risk management goals, including an outline of services to be provided, action plans to include critical milestones, due dates and accountabilities.
- Internal reporting/monitoring of accounts receivables, renewals and expirations. Quality control, workflows, timeliness of invoices and timeliness of bond issuance.
- Ensure profitability of accounts by managing time and resources required to provide clients with high quality services adhering to the client service plan.
- Assist in Carrier Agreements, Licensing, Appointments, Powers of Attorney management.
Requirements:
- College degree preferred, but not required.
- Must hold state Property & Casualty insurance license.
- Must have basic understanding of balance sheet, income statement and cash flow statement and how they flow together
- Ability identify/understand key financial ratios (liquidity, working capital, capital structure, gross profit, net profit, leverage, margins, interest coverage, etc.)
- Knowledge of Sagitta/ImageRight a plus
Company DescriptionWe are an executive search and staffing firm, specializing in recruiting top talent. Our recruitment team provides the best services and cater to the specific needs of each client we bring high quality right to our clients. EXECUTIVE SEARCH - DIRECT HIRE - LONG TERM PROJECTS
PRG IS SEARCHING FOR A TALENTED INSURANCE SURETY ACCOUNT EXECUTIVE TO JOIN A FANTASTIC GLOBAL INSURANCE COMPANYCompany DescriptionWe are an executive search and staffing firm, specializing in recruiting top talent. Our recruitment team provides the best services and cater to the specific needs of each client we bring high quality right to our clients. EXECUTIVE SEARCH - DIRECT HIRE - LONG TERM PROJECTS\r
PRG IS SEARCHING FOR A TALENTED INSURANCE SURETY ACCOUNT EXECUTIVE TO JOIN A FANTASTIC GLOBAL INSURANCE COMPANY
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