Insurance Account Manager

5 days ago


Houston, Texas, United States Ryan Specialty Full time
Job Summary

We are seeking a highly skilled Insurance Account Manager to join our team at Ryan Specialty. As an Insurance Account Manager, you will be responsible for assisting our Broker team in executing trades, managing accounts, and navigating regulatory compliance.

Key Responsibilities
  • Prepare accounts for new business and renewal processes as directed by the Broker, initiate renewal reviews to deliver optimal client coverage, and suggest steps for client retention.
  • Support the Broker in creating market submissions and quote cover letters for agents and review received documents to ensure accuracy.
  • Build relationships with Brokers and demonstrate understanding of brokerage operations to proactively support business needs.
  • Collaborate with the Broker to drive renewals and solicit new business through client referrals.
  • Prepare new business strategies in collaboration with Brokers, including proposals and presentations for new client opportunities.
  • Evaluate and mitigate risks associated with accounts and ensure adherence to industry regulations and internal policies.
  • Ensure accuracy of new and existing data in internal systems, create accurate documentation, and perform functions as defined by guidelines while meeting quality and service standards.
  • Generate reports on performance and other defined metrics by leveraging data and insights to inform the Broker on portfolio trends and deliver value that may enhance the book of business.
  • Collaborate with internal teams to ensure contractual obligations are met. Resolve invoicing issues with stakeholders in Premium Accounting and communicate on notices of cancellation.
Requirements
  • Minimum of 1 year of experience in the Insurance industry with a Bachelor's degree.
Preferred Qualifications
  • Bachelor's degree in Business Administration, Sales, or Risk Management.
  • Prescribed: Minimum requirements for state P&C and/or surplus line licenses.
  • Preferred: Certified Insurance Service Representative (CISR), Commercial Insurance License (CIL).
Benefits

Ryan Specialty offers a comprehensive and best-in-class benefits package that helps our employees achieve their physical, financial, and emotional well-being goals. This includes paid time off for company holidays, vacation, sick and personal days, paid parental leave, mental health services, and more.

Compensation

The target salary range for this position is $62,375.00 annually. The wage range considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. Full-time roles are eligible for bonuses and benefits.



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