Commercial Lines Account Executive/Sr.
Location
United States
Posted
9 hours ago
Salary
$65K - $150K / year
Seniority
Senior
Job Description
Commercial Lines Account Executive/Sr.
NFP Corp
Role Description We are seeking an experienced Commercial Lines, Account Executive/Sr. Account Executive with generalist coverage experience and ideally have also serviced niche Eldercare Facilities clients (includes long-term care, senior living, independent living, assisted living, nursing homes, home health, rehab and hospice). You will take on a critical advisory role in establishing high-level client engagement and relationship management of middle-market and complex clients. - Speak with authority regarding coverage analysis, claim review, and risk management efforts. - Understand alternative risk structures, including high-deductible plans, self-insurance, and layered property placements. - Conduct presentations and client meetings. - Demonstrated experience with all property and casualty coverage lines, including: - General liability - Professional liability - Property - Builders risk - Difference in conditions (DIC) - Flood - Deductible buy down workers compensation - Auto - Well-versed with management liability coverage lines (D&O, EPL, Crime, Cyber, and Fiduciary). - Support multiple Producers and manage a book of business (BOB) of $1.5M revenue. Qualifications - Property and casualty insurance license upon hire is required. - Professional designations preferred/helpful (CIC, AAI, CISR, CPIA). - Ideally 10+ years Property Casualty servicing experience. - BA/BS degree is preferred; HS Diploma or equivalent is required. - Demonstrated in-depth knowledge of insurance coverages and an ability to communicate this knowledge clearly to clients and underwriters. - Strong written, verbal, and negotiation skills. - Ability to prioritize and self-manage workload. - Advanced MS Office skills, including Excel, Word, PowerPoint. - EPIC experience is preferred, but other agency management system experience will be considered. Requirements - Manage primary client relationship and development of customer service plan. - Maintain a focus on growth and retention of assigned book of business. - Establish and maintain a high level of trust with clients through consistent contact and proactive resolution of any actionable serving items, questions, or concerns. - Initiate client meetings to strategize for the renewal marketing process and advise on the best coverage alternatives. - Review ownership and management contracts, property leases, and other contractual documents for compliance purposes. - Discuss and negotiate coverage and related pricing with carriers and wholesalers based on an in-depth understanding of client’s exposures and historical claims. - Prepare renewal submission based on strategy client meeting results, including loss analysis, changes in exposure/operations, and recommended coverage options. - Conduct renewal presentations with clients either individually or with other team members. - Strong knowledge of Marketing/Underwriting Process. - Be a strategic negotiator to obtain comprehensive coverage and the most competitive premium. - Develop strong relationships with business partners including carrier underwriters, wholesalers, and other professional service providers. - Ability to travel 2-3 times a year as required for client or other meetings. Benefits - Competitive salary. - PTO & paid holidays. - 401(k) with match. - Exclusive discount programs. - Health & wellness programs. - Performance-based incentives may be available.
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