Commercial Insurance Account Executive
1 month ago
We're seeking a highly skilled Account Executive to join our Commercial Lines department and deliver exceptional risk management solutions to our growing client base. As a key member of our team, you'll partner with our sales team and work independently on sales opportunities to lead day-to-day management of current clients' insurance programs.
This is an exciting opportunity to collaborate on sales opportunities, gain knowledge, and become an expert in the field. You'll provide mentorship and leadership to other team members, contributing to the growth and development of books of business.
As one of the fastest-growing insurance brokers in the U.S., we're committed to embracing diversity, equity, and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives, and contributions of all team members.
Key Responsibilities
- Client Support
- Lead meetings with clients, including meetings at client locations.
- Responsible for providing comprehensive client support and acts as main client contact for book of business.
- Effectively manage difficult client communications, including loss of coverage, claim denials, unfavorable underwriting, and other challenging renewal scenarios.
- Lead meetings with clients, including meetings at client locations.
- Account Management
- Negotiate and sell lines of insurance to clients to round out accounts as appropriate. May design insurance and risk management plans for clients as assigned and directed by Agency management.
- Own all audit, review, and claims processes for assigned book of business.
- Analyze data to draft client service plans, stewardship reports, and other meaningful reports tailored to the needs of the client and circumstances of the presentation.
- Negotiate and sell lines of insurance to clients to round out accounts as appropriate. May design insurance and risk management plans for clients as assigned and directed by Agency management.
- Insurance Expertise
- Develop and maintain strong personal relationships with appropriate insurance carrier personnel. Proficient in underwriting practices; able to manage underwriting relationships.
- Fluent in the client's industry and current events that can modify the coverages needed.
- Review changes in carrier offerings and policies and relays information to the larger service team.
- Develop and maintain strong personal relationships with appropriate insurance carrier personnel. Proficient in underwriting practices; able to manage underwriting relationships.
- Leadership
- Mentor or formally direct the work of more junior team members, including Account Coordinators, Account Managers, and Senior Account Managers.
- Facilitate and collaborate with account team on the agency's renewal strategy.
- Mentor or formally direct the work of more junior team members, including Account Coordinators, Account Managers, and Senior Account Managers.
- Client Strategy
- Provide clients with Insurance Coverage Review and reviews methods of handling risks. Identify and explain gaps in coverage. Work with the producer to write new business.
- Attend carrier functions to learn new coverage options and risk assessment strategies.
- Conduct book reviews to determine which accounts need an in-person risk assessment or client meeting to support agency retention.
- Provide clients with Insurance Coverage Review and reviews methods of handling risks. Identify and explain gaps in coverage. Work with the producer to write new business.
- Other duties as assigned.
What We Offer
We're committed to providing a comprehensive benefits package that includes:
- Competitive base salary
- Generous 30+ Days Comprehensive Paid Time Off Package, inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days
- Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company-paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options
- Company match 401(k) plan – 50% up to 6%
- Support of your fitness wellness goals; up to 75% off at over 11,000 gyms and fitness centers
- Opportunity to prioritize your mental health with 24/7 access to licensed therapists
- Pet benefits & discounts
- Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout AssuredPartners
Requirements
- 6+ years of related experience and/or training preferred, or demonstrated skills listed below.
- Current Property and Casualty license required; professional designations preferred.
- Comprehensive knowledge of available commercial lines coverages based on business classification, as well as informed on industry trends and client retention strategies.
- Highly developed problem-solving and solution-design skills; strong written and verbal communication skills.
- Demonstrated leadership through client support and advocacy skills, as well as the mentoring and guidance of more junior employees.
- Highly proficient in use of Microsoft Office or similar software, including spreadsheet and presentation software.
- Skilled in use of agency management software with the ability to quickly learn new systems and processes.
Grow with Us
AssuredPartners is passionate about fueling our clients' innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families, and people thrive.
We're proud to be the fastest-growing independent insurance broker in America, but we're even prouder of the honest, caring relationships that our employees build with our clients every day.
Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us.
AssuredPartners is committed to embracing diversity, equity, and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives, and contributions of all team members.
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