Insurance Account Manager

2 weeks ago


Chicago, Illinois, United States CRC Insurance Services Full time

Position Overview

The Insurance Account Manager plays a crucial role in identifying, engaging, and securing suitable insurance solutions for clients by leveraging available market options. This position acts as a liaison between the Agent and the Insurance Provider, focusing on both business renewal and expansion. The goal is to drive new and renewal business to ensure that the brokerage team meets or surpasses its production objectives.

KEY RESPONSIBILITIES

  • Below is a summary of the key responsibilities associated with this role. Additional tasks may be assigned as necessary.
  • 1. Build, nurture, and strengthen relationships with clients and agents.
  • 2. Actively solicit, market, quote, bind, and confirm both new and existing business opportunities.
  • 3. Negotiate optimal terms and coverage options with accessible markets.
  • 4. Ensure that submissions accurately reflect the necessary data regarding risks and coverages.
  • 5. Monitor accounts to guarantee adherence to the firm's policies and procedures.
  • 6. Support the broker in achieving or exceeding production targets as designated by CRC.
  • 7. Stay informed about the insurance sector and sales strategies through regular participation in workshops, seminars, literature reviews, and/or formal continuing education.
  • 8. Maintain the required licenses to conduct business effectively.

REQUIRED QUALIFICATIONS

  • Essential Qualifications:
  • The qualifications listed below represent the knowledge, skills, and abilities necessary for this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
  • 1. A Bachelor’s degree or relevant insurance designation.
  • 2. A minimum of three years of experience in wholesale insurance or a comparable field.
  • 3. Must hold the appropriate licenses in relevant areas of insurance.
  • 4. Ability to comprehend and analyze essential components of insurance policies.
  • 5. Capability to understand client needs and possess knowledge of associated risk profiles.
  • 6. Proficient in reviewing information, making informed decisions, and managing time efficiently.
  • 7. Ability to recognize emerging trends and developments in the insurance industry and integrate them into strategic planning.
  • 8. Skill in developing, fostering, and maintaining strong working relationships with agencies.
  • 9. Demonstrated leadership and teamwork abilities.
  • 10. Must possess and maintain up-to-date knowledge of the insurance industry.
  • 11. Excellent written and verbal communication skills.
  • 12. Willingness to work extended hours when necessary.
  • 13. Flexibility to travel as required based on the needs of clients and agents.


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