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Commercial Insurance Account Executive
Coverdash Los Angeles, CA
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$90k-120k (estimate)
Full Time 4 Days Ago
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Coverdash is Hiring a Commercial Insurance Account Executive Near Los Angeles, CA

Job Description

Job Description
About Coverdash
At Coverdash, we are building the best embedded insurance purchasing experience for small and medium businesses of all shapes and sizes. We are backed by Bling Capital (Lyft, Square, Instacart, Palantir), World Insurance Labs (HubSpot, DocuSign, Twitter), Expansion VC (Postmates, AngelList, Lemonade) and angel investors from the C-suites of Vantage Insurance, CRC Insurance, Midocean Partners, and more.
Coverdash is a fully digital commercial insurance agency that specializes in simplifying the process of buying and managing business insurance for SMBs, eCommerce merchants, startups, and more. Through our relationships with the nation’s leading carriers, we offer a broad range of commercial insurance products, including liability, property, workers' compensation, and cyber. Our insurance offerings are entirely imbeddable, allowing our partners to offer their existing customers Coverdash’s comprehensive insurance coverage on their own portals.
Our team is a smart, dynamic, and fun-loving group privileged to be collaborating with some of the world’s most innovative companies. We are a tight-knit community who promote from within whenever possible and are committed to the professional development of our team members. Oh yeah, we like to have fun too.
Insurance Sales Development Representative Job Description
Come join Coverdash’s Commercial Risk Unit! As a Commercial Insurance Account Executive, you’ll help build and manage small and mid-commercial accounts, quote and rate new business leads, help scale a team of in-house insurance producers, manage customer insurance needs with support from in-house customer success associates, while becoming a small mid-commercial insurance expert.
We are in a rapid build-out phase and are deploying new software to production daily, so our ideal candidate is someone who can thrive in a fast-paced startup environment. You will work closely with our technical teams, operating as the insurance subject matter expert, helping review processes and systems to build technology that efficiently and effectively meets the needs of the P C commercial insurance industry in today’s digitized world. You should feel comfortable working autonomously, helping create new products, and meeting the insurance needs of insureds.
Coverdash is a Virtual First Workplace with an office location in NYC. This role can be based anywhere in the U.S as long as you can work our Coverdash core collaboration hours (9:00 am-5:00 pm Eastern Time).
What You’ll Be Responsible For:
  • P C Commercial insurance sales and service
  • Independently manage client relationships and accounts up to $20MM in volume revenue
  • Develop, analyze, and implement competitive insurance programs, providing various alternatives for client consideration. Prepare, market, quote rates for renewals and new business
  • Act as primary client point of contact to provide day-to-day service by responding to client questions and requests
  • Growing a profitable book of business with strategic placement of business
  • Insurance customer success, account management, or sales
  • Support new business by following up on leads in a timely manner and supporting producers with quoting, binding, and issuing policies
  • Compile and organize all client information necessary to process new, renewal, cancellation and endorsements
  • Perform database file management and input information. Accurately manage and maintain documents in agency management systems
  • Building relationship with commercial underwriters
Qualifications
  • 3 years of P C commercial sales or brokerage experience
  • Property and Casualty insurance experience required
  • Active P C license in good standing
  • Excellent communication skills: written, public speaking and presentation preparation
  • Excellent telephone etiquette, customer service skills, professionalism and tact
  • Advanced knowledge of Microsoft Office and its more complex features
  • Ability to be resourceful, take initiative, solve problems and offer solutions
  • Works well with others in a fast-paced environment and be responsive to co-workers and colleagues. Ability to train, delegate, provide oversight, and give feedback
  • Excellent time management skills
  • Ability to learn and adopt and train use of technology systems and software applications
  • Intermediate project planning and management
  • Bachelor’s Degree or related field or equivalent work experience
  • Experience working with CRM/AMS and comparative rating platforms
  • Prior insurtech or startup work experience a plus
The pay range for this role is: $100,000 to $130,000 per year, including on target commission / variable pay.
Our salary ranges are based on paying competitively for our size and industry and are one part of our total compensation package that also includes benefits and other perks. We also include stock options in all compensation packages and believe all Coverdash employees should have the opportunity to become owners in the company.
Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.

Job Summary

JOB TYPE

Full Time

SALARY

$90k-120k (estimate)

POST DATE

09/09/2024

EXPIRATION DATE

09/25/2024

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The following is the career advancement route for Commercial Insurance Account Executive positions, which can be used as a reference in future career path planning. As a Commercial Insurance Account Executive, it can be promoted into senior positions as an Account Executive, Sr. - Advertising that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Insurance Account Executive. You can explore the career advancement for a Commercial Insurance Account Executive below and select your interested title to get hiring information.

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