Commercial Lines Account Manager

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

📋 Description

• Oversee the quoting and marketing activities for new commercial lines opportunities.

• Evaluate submissions from producers and account managers to ensure they are complete and market-ready.

• Ascertain if accounts are suitable for the Standard/Admitted or Excess & Surplus (E&S)/Non-Admitted market.

• Identify suitable insurance carriers, wholesalers, Managing General Agents (MGAs), and specialized markets.

• Prepare and submit applications, supplementary applications, loss history reports, exposure data, and underwriting documentation.

• Generate quotes for new business via carrier portals, comparative raters, direct submissions, wholesalers, MGAs, and brokerage partners.

• Market accounts to multiple relevant insurers to secure competitive options.

• Liaise with underwriters, wholesalers, and brokers regarding submissions, underwriting inquiries, pricing, and coverage alternatives.

• Negotiate advantageous terms and conditions for clients.

• Analyze quotes based on pricing, coverage, deductibles, exclusions, endorsements, subjectivities, and minimum earned premiums.

• Clarify the distinctions between Standard/Admitted and E&S/Non-Admitted options to producers.

• Provide well-organized quote comparisons and recommendations to producers.

• Keep precise records in the agency management system.

• Set renewal remarketing timelines in collaboration with account managers and producers.

• Gather updated applications, loss histories, payroll data, sales figures, property valuations, vehicle schedules, driver details, and other exposure information for remarketing.

⛳️ Requirements

• A minimum of 3-5 years of experience in commercial lines insurance.

• Property & Casualty Insurance License required.

• Outstanding communication and interpersonal abilities.

• Strong analytical skills and problem-solving capabilities.

• Exceptional attention to detail and organizational proficiency.

• Experience with Agency Management Systems.

• Proficiency in Microsoft Office applications.

• Capability to work efficiently as part of a team.

• Commitment to delivering exceptional service and fostering long-term client relationships.

• Ability to excel in a dynamic environment while managing multiple priorities and deadlines effectively.

🏝️ Benefits

• 401(k) matching.

• Competitive salary.

• Flexible working schedule.

• Paid time off.

• Bonus opportunities based on experience and qualifications.

• Opportunities for professional development and career progression.

• A collaborative and supportive work atmosphere.

• Flexible working arrangements.

• Paid volunteer hours and opportunities to give back.