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Maintains client contact regarding coverages, policy changes and/or problems. This position has high client contact, authorizes policy changes, and makes important business decisions in commercial, and/or specialty lines of coverage. Reviews and obtains necessary information to evaluate and process new business and renewal commercial accounts; Identifies opportunities by rounding of accounts where applicable.
New Business
Analyzes Risk
· Secures coverage requirements through discussions with producers and develops detailed
underwriting information for presentation to insurance companies or brokers
· Collaborates with producers in reviewing complex business risk analysis, coverage
recommendations and in tailoring the needs of the client in relation to market capabilities to
ensure that the client obtains the most effective coverages
· Reviews quotes from companies and prepares insurance proposals for clients/producers, as
required
· After proposal acceptance, discusses premium terms, offer premium financing, manages
documentation to bind coverage with policy issuance instructions
· Coordinates and cooperates with other departments to achieve total account, servicing and
objectives
· Assigns assistants to prepare binders, certificates, Auto ID cards and invoice, as necessary
· Advises unsuccessful quoting companies to close their files, suspends receipts of new policy
Renewals
· Reviews expiration listing with producers and determine market availability.
· Discusses renewal strategies, completes renewal applications, review quotes received and
collaborates with producers in reviewing complex business risk analysis.
· Plans terms payment of premiums, offer premium financing, manages documentation to bind
coverage with policy issuance instructions
· Assigns assistants to prepare binders, certificates, Auto ID cards and invoice · Solicits renewal information from the insured · Submits renewal instructions · Suspends receipt of renewal policy
Three years of experience in Property, Casualty insurance
· Experience with Commercial insurance, business line customization, and/or rate negotiation
· High school diploma or equivalent preferred
· Producers license in Property and Casualty
· Personal computer experience
· Excellent problem solving, complex business risk analysis and decision-making skills on critical
business issues
· Excellent communication, organizational and time management skills
· Flexible; ability to work independently and under minimal supervision
· Performs tasks with speed, quality and accuracy
Full Time
Insurance
$89k-122k (estimate)
05/12/2023
07/09/2024
financeinsurance.com
HONOLULU, HI
25 - 50
1954
CAROLYN J GALDEIRA
$10M - $50M
Insurance
The job skills required for Commercial Lines Account Manager include Prospecting, Problem Solving, Time Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Lines Account Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Lines Account Manager. Select any job title you are interested in and start to search job requirements.
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If you are interested in becoming a Commercial Lines Account Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Lines Account Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Commercial Lines Account Manager jobs
Plenty of students have landed account manager roles without extensive work experience.
02/08/2022: Huntington, WV
Step 3: View the best colleges and universities for Commercial Lines Account Manager.