Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firm in the US, is adding a Commercial Lines Account Executive to their team in New Hyde Park.

Job Summary:

The Commercial Account Executive is responsible for marketing renewals, servicing clients and making changes to existing accounts as designated. This position will place new business, maintain high service standards for all renewals, and will adhere to the procedures of the organization as prescribed including proper documentation.

Essential Functions:

• Maintain a working knowledge of procedures for both insurers and our organization.
• Document client files in a timely manner according to firm’s procedures, including activities and attachments.
• Review activities for potential errors or omissions and advise management accordingly.
• Process new and renewal business as required, while maintaining market security and minimum standards.
• Review new applications for underwriting acceptability, and accuracy.
• Maintain working knowledge of insurer websites and downloads as required.
• Verify accuracy of policies.
• Place all policies that qualify in a direct bill program if appropriate.
• Process claims through our claims advocacy team.
• Process binders as required.
• Process cancellations as required.
• Process certificates, evidences and auto ID cards as required.
• Invoice premium transactions as required.
• Process audits as required.
• Process endorsements as required.
• Process loss control recommendations as required.
• Maintain own automated follow-up and suspense file on outstanding orders, correspondence. Follow up on overdue and suspense items.
• Perform all actions relating to the public, customers, and companies in a manner that will avoid issues involving potential errors and omissions.
• Participate in seminars and other training to maintain required license and for knowledge and skill development.
• Assist or fill-in for Account Manager(s) as directed.
• Train other employees as requested.
• Backup in other processing or support areas as requested.
• Perform other duties as requested, or required.

Pay Range:

The typical pay range for this role is $100,000-$150,000, this range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.