Commercial Account Executive
1 day ago
We are seeking a highly skilled Commercial Account Executive to join our team at Insurance Search Specialists. As a key member of our commercial lines insurance team, you will be responsible for managing a middle market book of accounts and developing client strategies to enhance business growth.
Key Responsibilities:- Build and execute strategies for client retention during renewals
- Identify cross-sell opportunities to introduce additional lines of business to current clients
- Collaborate with clients to collect necessary data for renewal submissions
- Lead presentations to both current and potential clients
- Assess clients' exposure to operational, contractual, and financial risks
- Create and maintain financial models, particularly for loss-sensitive insurance programs
- Analyze and review insurance policies to ensure proper coverage
- Work closely with internal teams to ensure seamless service delivery
- Develop client service plans in coordination with claims and loss control teams
- Provide stewardship reports with actionable insights from client feedback
- Manage accounts receivable and facilitate timely payments from clients
- Oversee and mentor a team of Account Managers and Assistants, contributing to their professional growth
- Minimum of 5 years of experience in a commercial lines brokerage, with a preference for 10+ years in the industry
- In-depth knowledge of property and casualty coverages, and a plus if experienced in real estate, non-profits, and healthcare accounts
- Experience working with loss-sensitive casualty programs and captives is a plus
- Strong skills in client relationship management and strategic advising
- Proficiency with Microsoft Office, especially Excel, for financial modeling
- Ability to travel domestically for client meetings and industry events as required
- Bachelor's degree in Business Administration or a related field preferred
- Current Property & Casualty insurance license preferred
We offer a competitive compensation package, including a base salary of $150,000, performance-based bonus opportunities, and a full benefits package. If you are a motivated and experienced Commercial Account Executive looking for a new challenge, please contact us to learn more about this exciting opportunity.
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