Sales Account Executive

2 weeks ago


Trenton, United States Jonathan Edward Staffing Full time

Sales Account Executive

81-100k + annual bonus + quarterly bonuses

Trenton, NJ

As part of the expansion, we are seeking an experienced Insurance Sales Account Executive in Commercial Lines. You will meet regularly with agency/brokerage distribution partners in pursuit of additional business in the small, mid and large size markets. Candidates should already possess key commercial agency/brokerage relationships, presence and credibility in the northern New Jersey and New York territory. These relationships will specifically be utilized to appoint and grow our distribution partner network.

Responsibilities

  • Match existing northern New Jersey and New York existing agent relationships and books of business opportunities
  • Based on this analysis recommend for appointment new commercial lines distribution partners in the territory
  • Ultimately through the review process sign up all appropriate agents based on the strength of these current relationships
  • Pursue, upsell, cross-sell, recapture opportunities with agencies/brokers
  • Coordinate New Business Proposal Meetings on key accounts to agencies and brokers; present optional plans
  • Key account pre-renewal discussion with agencies
  • Review competitor plans with underwriting to ensure best pricing offered
  • Lead annual planning process. Implement and monitor throughout year
  • Review underwriting appetite and services with agencies and brokers
  • Attend POS (Point of Sale) when possible with agencies/brokers
  • Assist with contracting new agencies/brokers
  • Assist with onboarding and terminating agencies/brokers as required
  • Maintain agency/broker profiles
  • Attend corporate functions including Corporate Giving, Chamber of Commerce and Marketing events
Requirements
  • Sales oriented with experience and successful track record selling standard commercial lines products in the noted territories
  • Full knowledge of all commercial line's standard insurance products and usages
  • Adequate knowledge of rating procedures, coverages, and industry operations to effectively manage, maintain, and write assigned client and prospect lists
  • Knowledge of insurance markets and reference to markets
  • Knowledge of insurance underwriting procedures
Must have
  • 5+ years of commercial insurance company experience in insurance industry (in either Commercial Lines Marketing, Sales, Production Underwriting, Distribution and/or Relationship Management)
  • Specific knowledge of the commercial lines in the northern New Jersey and New York marketplace as it relates to new agent appointments and account opportunities
  • High School Diploma or GED required, Bachelors preferred
Requirements
  • 5+ years of commercial insurance company experience in insurance industry (in either Commercial Lines Marketing, Sales, Production Underwriting, Distribution and/or Relationship Management)
  • Specific knowledge of the commercial lines in the northern New Jersey and New York marketplace as it relates to new agent appointments and account opportunities
  • High School Diploma or GED required, Bachelors preferred

Benefits

81-100k + annual bonus + quarterly bonuses

8% 401k match

17 days PTO, paid sick time

9 paid floating holidays, paid training/licensing

Health, dependent, spousal, dental, wellness center

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