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Commercial Insurance Account Executive
2 months ago
Objective:
Heffernan Insurance Brokers is seeking a skilled Account Manager to become a vital part of its Commercial Lines division. This position offers a dynamic opportunity to implement innovative strategies tailored to meet clients' insurance and risk management requirements.
Key Responsibilities:
- Manage marketing efforts and account oversight for designated clients.
- Oversee the entire renewal marketing process, collaborating with clients to establish program structure, conduct reviews, and perform analyses.
- Draft account specifications, negotiate pricing, and finalize policy terms.
- Prepare summaries for policy transmission, ensuring timely checks and dispatch.
- Generate invoices and coordinate with staff to issue Certificates of Insurance (COIs) and Evidence of Insurance (EOIs) promptly to meet client and vendor expectations.
- Develop account proposals for client presentations.
- Provide expertise in coverage areas and current market trends.
- Clarify coverage forms and options to clients effectively.
- Oversee account services and direct related activities.
- Enhance existing accounts by introducing new coverage options.
- Maintain thorough documentation for each account, adhering strictly to E&O procedures.
- Manage complex accounts with proficiency.
- Undertake additional duties and specialized technical projects as required.
Qualifications:
- Education – High School diploma or GED.
- At least 3 years of experience in Account Management or a related field.
- A valid Property & Casualty insurance license is mandatory.
- Preferred designations include CIC, CPCU, or ARM.
- Self-motivated, adaptable, and skilled in decision-making.
- Strong communication and collaboration abilities, both written and verbal.
- Proficient problem-solving, analytical, and marketing skills.
- Excellent organizational skills and effective time management.
- Proficient in Microsoft Office Suite, especially Excel, Word, and PowerPoint.
- Must embody the core values of Heffernan Insurance Brokers.
Compensation:
The salary range for this role is between $85,000 and $95,000, influenced by geographic location, job-related expertise, skills, and experience. This position may also qualify for an annual discretionary incentive program. Heffernan provides a comprehensive benefits package, details of which are available upon request.
Core Values:
Our core values reflect our unique culture:
- Respect and Collaboration – Building strong relationships through mutual respect is essential for teamwork.
- Commitment to Excellence – We aim to deliver exceptional service to our clients, company, and community.
- Client-Centric Approach – Invest time in understanding and nurturing client relationships.
- Enjoyment in Work – Fostering a fun and engaging work environment enhances productivity.
- Responsiveness – Being available and responsive to clients and colleagues is vital.
- Accountability and Humility – Acknowledging mistakes and learning from them is crucial for growth.
- Embracing Diversity – We celebrate our differences and strive for inclusivity.
Work Environment:
- Primarily an indoor office setting, involving prolonged periods of sitting or standing.
- Regular use of computers and standard office equipment.
- Flexibility in working hours may be required.
