Wholesale Insurance Account Executive

13 hours ago

Decatur, United States USG Insurance Services, Inc. Full time
Job DescriptionJob Description

Account Executive: Brokerage

Hours: 8:30-5:00 Local Time

Location: Remote or hybrid, depending on your area

Compensation: Based on Experience

Offices: At USG, we empower our team members with the flexibility to opt for remote, hybrid, or fully in-office schedules. Presently, we operate nine physical branch locations across the United States:

  • California: Irvine
  • Florida: Tampa
  • Idaho: Sandpoint
  • Illinois: Chicago
  • Louisiana: Covington
  • Minnesota: Shoreview
  • Pennsylvania: Canonsburg
  • Texas: Arlington and Houston

Who We Are:

Welcome to USG, a distinguished national wholesale broker and managing general agent (MGA) with a prominent presence across the nation. Our extensive network spans over 400 different markets and we proudly write business in all 50 states.

USG has consistently earned recognition for our excellence, being ranked as a 5-star MGA by Insurance Business of America for four consecutive years. Moreover, we take pride in our continuous acknowledgment as a Top Insurance Workplace over the past five years, as voted on by our current team members.

Understanding that a fulfilling culture is paramount in career satisfaction, we at USG 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. At USG, 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.

In today's rapidly evolving business landscape, embracing cutting-edge technology is not just a choice but a necessity for staying relevant in the marketplace. Our in-house IT development and support teams, located in Canonsburg, PA, expertly oversee and manage both our proprietary and third-party systems, ensuring our sales operations stay at the forefront of technological advancement.

Embark on your professional journey with USG, where it's more than just a job – it's a vibrant and supportive community committed to nurturing your success.

The Role Itself

As an Account Executive you'll drive new and renewal business to meet production and market goals with minimal supervision, while negotiating terms with underwriters, selecting appropriate carriers, and managing account submissions. You'll handle all aspects of new and renewal business, including quoting, issuing binders and invoices, verifying policy coverages, and processing cancellations and endorsements. Additionally, you'll provide guidance to the team, manage communications with producers and companies, and maintain strong relationships with agents and colleagues. Staying updated on industry trends through ongoing education is essential, along with performing any additional assigned duties.

 

Responsibilities include:

  • 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

 

 

What We Are Looking For:

  • 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

 

What USG has to offer:

  • Comprehensive Benefits Package including:
    • Company-paid benefits: Short-Term Disability, Long-Term Disability, Basic Life, AD&D, and Team member Assistance Program
    • Medical, Dental, Vision, and Life
    • 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

Join Us

If you're excited about the wholesale industry and are ready to contribute your skills and passion to a dynamic team, USG Insurance Services is the perfect company for you. We're looking for individuals who share our entrepreneurial spirit and are eager to help us shape the future of wholesale insurance.

Visit https://www.usgins.com/index.aspx to learn more about our work, our team, and the opportunities we have available.

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