Insurance Business Development Manager
23 hours ago
Foray Specialty is seeking a highly motivated and organized Account Executive to join our team in Houston, TX. As an Account Executive, you will play a crucial role in managing the submission, quote, and binding processes for our clients.
Key Responsibilities:
- Submission Management: Log and manage new submissions, coordinate with producers, and ensure all necessary information is recorded and organized.
- Quote Handling: Collaborate with producers to respond to retailer and market inquiries, prepare and send quotes to agents, and ensure all documentation is properly filed.
- Binding Process: Create binders, coordinate with carriers and agents for policy numbers and invoices, and follow up on policy issuance.
- Account Closure: Manage the closure process for non-binding accounts, document reasons for closure, and track for future opportunities.
- Post-Binding Management: Ensure all subjectivities are met, maintain organized and clean file systems, handle endorsement requests, and support producers with ongoing policy tasks.
Requirements:
- Education: Bachelor's degree required.
- Experience: Insurance industry experience is a plus.
- Communication Skills: Excellent verbal and written communication abilities.
- Relationship Building: Strong interpersonal skills to build and maintain client relationships.
- Organizational Skills: Strong attention to detail and ability to manage multiple tasks effectively. Ability to make quick, on-the-spot decisions.
- Team Collaboration: Ability to work well within a team environment and support colleagues.
Why Foray Specialty?
- Be part of a growing, innovative team.
- 100% employee-owned company.
- Opportunity for professional growth and development; potential to eventually produce.
- Collaborative and supportive work environment.
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