Account Manager

5 days ago

Denver, Colorado, United States IMA Financial Group Full time
About the Role

We are seeking a highly skilled and experienced Account Manager to join our team at IMA Financial Group. As an Account Manager, you will be responsible for the day-to-day servicing of contract surety accounts, including reviewing and approving bond requests, performing accurate and consistent contract and job specification review, and preparing surety indemnity agreements and applications.

Key Responsibilities
  • Review and approve all new and renewal bond requests, consents, riders, etc.
  • Perform accurate and consistent contract and job specification review
  • Review and check bonds prepared by Surety Account Representative
  • Back up Surety Account Representative when additional support and document preparation is needed
  • Prepare surety indemnity agreements and applications
  • Prepare surety reference letters for clients
  • Set up and maintain financial underwriting files with moderate guidance from an Account Executive
  • Consistently communicate with Account Executive and Producer regarding any significant projects, financial issues, etc.
  • Analyze underwriting files, utilize department standards to facilitate underwriting, report information to the surety(ies) with moderate guidance from an Account Executive
  • Works with Account Executive in developing and submitting surety submissions to the marketplace
  • Responsible for aged accounts receivable follow up with minimal guidance from Account Executive or Department Manager on a monthly basis
  • Assist in the training and mentoring of new Surety Account Representative and Surety Account Manager positions in accordance with IMA standards and procedures
  • Actively support the team by participating in the completion of all duties required to service an account
  • Performs functions of the role within an IMA office 60% of the time
Requirements
  • 3-5 years of similar or related surety experience
  • A two-year college or bachelor's degree preferred
  • Current Resident State (and possibly non-resident) Property and Casualty Insurance license required, as well as completion of all mandatory CE requirements
  • Be detail oriented with strong priority management skills
  • Possess strong communication skills (including courtesy, tact and diplomacy) with external and internal clients, surety companies, and the team
  • Possess strong problem-solving acumen and the ability to perform intermediate level mathematics
  • Proficiency with MS Office products (Outlook, Word and Excel), as well as Tinubu (SurePath), EPIC and FoxIt
  • Participation in surety-related association activities and educational opportunities preferred
  • Attain and maintain professional designation - AFSB preferred
  • Limited travel required (less than 25%)

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