Insurance Account Manager
8 hours ago
Boutique P&C Insurance Agency is seeking a skilled Insurance Account Manager to join our team. As a key member of our commercial insurance team, you will be responsible for managing client portfolios and working closely with producers and teammates to deliver exceptional service and drive business growth.
Key Responsibilities:
- Maintain a working knowledge of current markets and strive to place business with lead carrier partners and those with the best policy forms.
- Prepare and process binders of insurance, policies, endorsements, certificates of insurance, audits, and cancellations in accordance with office procedures.
- Review coverages placed for accuracy and risk exposure suitability.
- Validate internal and external rating of policies, confirm endorsements, audits, cancellation, and related documents.
- Review applications, renewal requests, and endorsements for adherence to underwriting authority and guidelines as established by the various companies.
- Oversee and/or process all transactions on policies as assigned from effective date to expiration date.
- Maintain suspense system for all transactions for assigned accounts.
- Invoice items on assigned accounts in a timely basis.
- Prepare and process premium finance agreements as needed.
- Advise accounting department of the appropriate posting of monies received on assigned accounts when necessary. Review and correct invoicing discrepancies on a timely basis as needed.
- Review and maintain expiration records on assigned accounts.
Requirements:
- Florida 4-40 License is minimum requirement with ability to obtain Florida 2-20 P&C License promptly.
- 2+ years' experience as an account manager specializing in commercial insurance.
- Strong technical knowledge of coverage in all commercial lines insurance policy forms, rating, and exposure analysis.
- Superior computer skills and full command of Microsoft Office products and electronic document management solutions (paperless office).
What We Offer:
- Excellent growth and advancement opportunities.
- Competitive pay based on experience.
- Paid Time Off (PTO).
- 401(k).
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