Wholesale Insurance Account Executive Position
2 weeks ago
About the Role
As a Wholesale Insurance Account Executive at USG Insurance Services, you will play a crucial role in driving new and renewal business to meet production and market goals with minimal supervision. Your responsibilities will include negotiating terms with underwriters, selecting appropriate carriers, and managing account submissions. You will also provide guidance to the team, manage communications with producers and companies, and maintain strong relationships with agents and colleagues.
Key Responsibilities
- Drive new and renewal business to meet production and market goals with minimal supervision
- Negotiate terms with underwriters, including pricing, deductibles, enhancements, and exclusions
- Select appropriate carriers for account submissions
- Provide quotations for new business, renewals, and endorsements, managing all company correspondence efficiently
- Handle new business processes, including transferring applications to USG, issuing binders and invoices, and verifying policy coverages
- Manage renewal business tasks, such as locating files, preparing emails or preliminary submission information, issuing binders and invoices, and ensuring accuracy of policy coverages
- Process cancellation and endorsement requests, including issuing binders and invoices and verifying policy coverages
- Provide guidance and supervision to the team as requested by the Broker
- Manage incoming calls from producers and companies
- Foster strong working relationships with current agents and colleagues
- Stay updated on industry trends and sales strategies through workshops, seminars, literature, and continuing education
- Perform additional duties, tasks, and projects as assigned
Requirements
- 3-5 years of experience in property and casualty insurance
- Proven experience in account management and marketing
- Current Property & Casualty (P&C) License is mandatory
- Ability to independently review information, make decisions, and manage time effectively with minimal supervision
- Strong verbal, written, and presentation skills
- Effective in sales, customer service, and team building
- Proficient in basic computer applications, including Microsoft Office
- Willingness to travel occasionally, including overnight trips
About USG Insurance Services
At USG Insurance Services, we prioritize fostering a collaborative and mentoring-focused environment. We recognize the pivotal role each team member plays in our success, emphasizing hands-on training to ensure everyone feels comfortable and confident in their role. We actively empower our team members to bring their authentic selves to the workplace, recognizing that fostering diversity is essential for a thriving, creative, and dynamic professional environment.
What We Offer
- Comprehensive Benefits Package including short-term disability, long-term disability, basic life, AD&D, and team member assistance program
- Medical, dental, vision, and life insurance
- 401K retirement plan
- Flexible spending account
- Dependent care
- Tuition reimbursement
- Producer savings bonus plan
- A week of hands-on, in-person training to meet our corporate team
- Access to 24/7 virtual training through USG University
- Outstanding company holiday schedule and generous paid time off package
- Potential for exponential growth in the company
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