Account Executive

📋 Description

• Provides assistance to Brokers, Underwriters, or Team Leaders concerning all policies and/or key accounts.

• Collaborates with Brokers to solicit, promote, sell, quote, and manage renewals from existing agents while also supporting new business initiatives.

• Advocates for new business and/or renewal opportunities to meet production/market goals as outlined by the Broker with minimal supervision.

• Engages in negotiations with underwriters regarding terms, including pricing, deductibles, enhancements, and exclusions.

• Selects appropriate carriers to approach with accounts.

• Aids in or provides quotes for new business, renewals, and endorsements by efficiently managing all company correspondence.

• Prepares recommendations for agents that highlight factual information related to optimal coverage options.

• Processes new business, which includes converting applications to CRC applications, issuing binders and invoices, and verifying policy coverages for accuracy according to CRC guidelines.

• Handles renewal business, which may involve locating files, preparing and sending solicitor letters and/or preliminary submission details, issuing binders and invoices, and ensuring policy coverages align with CRC guidelines.

• Obtains confirmations from retailers once accounts are bound.

• Processes requests for cancellations and endorsements, including issuing binders and invoices, and verifying policy coverages per CRC guidelines.

• Develops company profiles and conducts research analysis for client meetings.

• Provides guidance and supervision to the team as requested by the Broker.

• Manages incoming calls from producers and companies.

• Cultivates strong working relationships with current agents and colleagues.

• Stays informed about the insurance industry and sales strategies by regularly attending workshops, seminars, reviewing literature, and/or participating in formal continuing education.

• Undertakes other duties, tasks, responsibilities, and projects as assigned.

⛳️ Requirements

• Bachelor’s degree or equivalent experience.

• Minimum of three years of wholesale insurance experience or its equivalent.

• Experience in handling specific accounts and marketing.

• Current state-specific insurance license.

• Extensive knowledge of insurance and related processes.

• Capable of reviewing information, making decisions, and managing time effectively with little to no supervision.

• Proficient in planning, organizing, and managing multiple priorities.

• Exceptional verbal, written, and presentation abilities.

• Competent in handling confidential matters appropriately.

• Strong interpersonal skills.

• Willingness to work extended hours as necessary.

• Demonstrated proficiency in basic computer applications, including Microsoft Office software products.

• Ability to travel, occasionally overnight.

🏝️ Benefits

• Access to medical, dental, vision, life, disability, and AD&D insurance.

• Tax-advantaged savings accounts.

• 401(k) plan with company matching contributions.

• Generous paid time off policies.

• Company holidays, vacation and sick days, new parent leave, and more.