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The Jonus Group, LLC
Logan, UT | Full Time
$84k-113k (estimate)
3 Weeks Ago
Commercial Insurance Account Manager
$84k-113k (estimate)
Full Time | Business Services 3 Weeks Ago
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The Jonus Group, LLC is Hiring a Commercial Insurance Account Manager Near Logan, UT

Job DescriptionCommercial Insurance Account Manager
Job SummaryAre you an experienced insurance professional looking for a collaborative and growth-oriented environment? If so, a leading agency is seeking a Commercial Insurance Account Manager to join their team! Key responsibilities include servicing a book of business, handling policy changes, managing the renewal process, building & maintaining strong client relationships, and delivering top-notch service. If you're a results-driven professional with a passion for exceeding client expectations, this role is for you.
Responsibilities
  • Responsible for servicing a book of business, ensuring client satisfaction and retention.
  • Develop and nurture strong relationships with key clients and insurance carriers through regular communication via phone, email, and in-person meetings.
  • Address client inquiries related to administration, billing, claims, and other service-related issues promptly and professionally.
  • Maintain excellent communication with clients, carriers, producers, and team members in a professional and timely manner.
  • Create professional and accurate insurance proposals for presentation to clients.
  • Develop concise and informative summaries for existing clients to ensure they have a clear understanding of their insurance coverage.
  • Continuously identify cross-sell opportunities within existing client accounts.
  • Proactively suggest new lines of coverage to clients, tailoring recommendations to their specific needs.
  • Monitor and manage the renewal process for assigned clients.
  • Market client accounts, prepare marketing information, gather necessary data for client presentations, and present marketing options to clients.
  • Complete the implementation process for policies, ensuring all required forms are prepared and delivered to clients.
  • Utilize the client management system to update policies, log client meetings and activities, and manage follow-ups efficiently.
  • Coordinate relationship management meetings with assigned clients.
  • Stay updated on industry trends, market developments, new products, and legislative changes relevant to clients' needs.
  • Stay informed about underwriting requirements and authority outlined by each carrier to provide accurate information to clients.
Qualifications/Requirements
  • Demonstrates strong verbal and written communication skills, with the ability to effectively communicate with clients, insurance carriers, and team members.
  • Possesses a comprehensive understanding of various insurance products and demonstrates the ability to provide expert advice to clients.
  • Experienced in building and maintaining positive client relationships, ensuring exceptional customer service and satisfaction.
  • Holds an active Property and Casualty (P&C) Insurance License.
  • CIC Designation is a plus, but is not required.
  • Preferred Agency Management System Experience: AMS360
  • 6-10 years of relevant insurance industry experience preferred.
  • Previous service experience is required.
  • Holds at least one professional designation or has comparable job experience.
  • Above average computer skills with the capacity to master essential software programs.
Compensation Package
  • Excellent opportunities for professional growth and advancement.
  • Competitive compensation: Between $70k-$100k (based on experience).
  • Paid time off and company holidays.
  • Comprehensive benefits package, including health, dental, vision, 401(k), and more.
  • Company-funded continuing education program.
  • Tuition assistance/reimbursement opportunities.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$84k-113k (estimate)

POST DATE

06/08/2024

EXPIRATION DATE

07/05/2024

WEBSITE

jonusgroup.com

HEADQUARTERS

Wayne, PA

SIZE

100 - 200

INDUSTRY

Business Services

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

If you are interested in becoming a Commercial Insurance 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 Insurance Account Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Insurance Account Manager job description and responsibilities

The Account Manager will be primarily responsible for the ongoing management of commercial clients, retention of new and renewal clients, and maintaining a partnership with the producer to support business development activities while upholding high servi

01/19/2022: Florence, AL

Account managers work closely with the rest of the team to enable ongoing and future sales or renewals.

04/02/2022: Fort Smith, AR

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 Insurance Account Manager jobs

Standard accounts also come with a flexible borrowing facility attached known as an 'overdraft' - although these are expensive, with most providers now charging rates of about 40% a year to borrow money this way.

01/20/2022: La Crosse, WI

Step 3: View the best colleges and universities for Commercial Insurance Account Manager.

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