Account Executive

This is a fully remote position, open to applicants in Alabama.

📋 Description

• Oversee accounts from submission to binding, ensuring all necessary documentation and communication are handled appropriately.

• Collaborate with brokers and underwriters to solicit, quote, and manage both new and renewal business.

• Negotiate coverage terms with carriers, addressing pricing, deductibles, enhancements, and exclusions.

• Choose suitable carriers and oversee the marketing process for assigned accounts.

• Prepare and present quotes, coverage comparisons, and recommendations to stakeholders.

• Accurately and compliantly process new business, renewals, endorsements, and cancellations.

• Issue binders and invoices while confirming coverage details with relevant parties.

• Maintain ongoing communication with agents, carriers, and internal stakeholders.

• Assist in retention and renewal strategies, while identifying opportunities for coverage expansion.

• Provide guidance to support staff as required.

• Conduct research and prepare analyses related to accounts or market conditions.

• Keep precise records and correspondence related to account management.

• Stay updated on industry trends, market conditions, and carrier capabilities through ongoing education and training.

⛳️ Requirements

• Bachelor’s degree or an equivalent combination of education and experience is required.

• Generally requires 3+ years of progressive experience in wholesale insurance, brokerage, or underwriting support positions.

• Proven experience in managing accounts, marketing business, and facilitating placement activities.

• Strong comprehension of insurance products, coverage frameworks, and market dynamics.

• An active state insurance license is mandatory for applicable lines of business.

• In-depth knowledge of insurance products, underwriting procedures, and carrier guidelines.

• Capability to negotiate terms and assess coverage options effectively.

• Proficient account management skills throughout submission, quoting, binding, and renewal processes.

• Competence in Microsoft Office and systems utilized for policy and account management.

• Strong analytical abilities and problem-solving skills, with a keen eye for detail and accuracy.

• Ability to manage various priorities, meet deadlines, and adapt in a fast-paced setting.

• Excellent written and verbal communication skills are essential.

• Fluency in the English language is required.

• Ability to work independently while exercising sound judgment.

🏝️ Benefits

• Medical, dental, vision, life, disability, and AD&D insurance options.

• Tax-advantaged savings accounts available.

• 401(k) plan with company matching contributions.

• Paid company holidays.

• Vacation and sick leave provisions.

• New parent leave offered.

• Restricted stock units provided for eligible positions.

• Deferred compensation plan available for qualified positions.