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Commercial Insurance Account Manager
$88k-119k (estimate)
Full Time | Business Services 5 Days Ago
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The Jonus Group, LLC is Hiring a Commercial Insurance Account Manager Near Salt Lake, UT

Job DescriptionCommercial Insurance Account Manager
Job SummaryAre you looking for an engaging and rewarding opportunity within the insurance industry? A growing insurance agency is seeking a Commercial Insurance Account Manager to join their team. This position plays a pivotal role in delivering unparalleled service that leaves a lasting impression. Your dedication to providing timely, consistent, and top-notch service will make a significant impact, fostering lasting relationships and driving collective success.
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.
  • 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.
  • Preferred Agency Management System Experience: EPIC
  • At least 6 years of experience in Property & Casualty Insurance is required.
  • 7 years of relevant insurance industry experience preferred.
  • 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 $95K-$110K (based on experience).
  • Paid time off and company holidays.
  • Comprehensive benefits package, including health, dental, vision, 401(k), and more.
  • Hybrid work schedule available.
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

$88k-119k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

07/21/2024

WEBSITE

jonusgroup.com

HEADQUARTERS

Wayne, PA

SIZE

100 - 200

INDUSTRY

Business Services

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The job skills required for Commercial Insurance Account Manager include Presentation, Customer Service, Written Communication, Client Relationship, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Insurance 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 Insurance 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 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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