Insurance Account Executive

2 weeks ago

Sioux Falls, United States Central Bancompany Full time

Job Type Full-timeDescriptionPOSITION SUMMARY Working in a team environment, the Licensed Account Executive position provides internal oversight and directed management of all client accounts assigned by the Agency Principal and/or the Sales Manager on behalf of Sales Executives. The Licensed Account Executive applies a significant body of knowledge to the handling of client services, incoming new business, renewal business and the ongoing servicing of assigned clients in an effort to develop a "best of practice" client experience.ESSENTIAL DUTIES AND RESPONSIBILITIESThe essential functions include, but are not limited to the following:Account Servicing 70% Demonstrate the ability to explain proper policy placement/program needs and suggest additions or changes to the program for the benefit of the client.Grow assigned clients' book of business and meet the mandated retention goals set forth by management.Understand the development of premium and establish payment methods that meet the needs of clients.Respond to all client inquiries and issues in a timely manner.Confer with clients to obtain and provide information to the carrier of record when claims are tendered if requested.Aid in claims disputes as requested / directed by the insured.Provide direct support to the Sales Executive and act as a resource to others.Complete accurate, daily data entry into the insurance's core management system.Answer phone calls and handle inquiries or forward to appropriate servicing partyProvide fill in or coverage for other lines of insurance as needed. New Business 15% Ensure that policy requirements are fulfilled, including any necessary submissions, applications, underwriting data and that the completion of appropriate forms are correct.Greet on-site or walk-in clients that seek interest in new business products.Explain features, advantages and disadvantages of various policies to promote sale of insurance policies. Renewals 10% Conducts reviews to assess client risk and responds to changes in client exposure. Other 5% Maintain CEC requirements directed by management to continually be successful in this position.Attend meetings, seminars and programs to learn about new products and services, learn new skills, and receive technical assistance in developing a stronger and more effective delivery of our client experience.Represent the bank and insurance agency in a positive manner at community/organizational activities.Responsible for knowing and following all mandated bank and agency policies, procedures and practices. Perform all other duties as assigned RequirementsEDUCATION & EXPERIENCEBachelor's degree required or equivalent work experience 2+ years' experience in similar job dutiesAgribusiness experience preferred TAM or EPIC Agency Management System competency preferred Current Property/Casualty Licensee or the ability to obtain within 45 days Current Crop Licensee or the ability to obtain within 90 days Central Bank is an Affirmative Action and Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

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