What are the responsibilities and job description for the Commercial Insurance Associate Account Executive - Lenders Placed Insurance position at Alliant?
JOB SUMMARY
Responsible for handling a larger book of business and providing customer service and overall service of assigned customers and/or policies on larger market accounts. Progressively more experienced Broker and negotiating capabilities. Supports and may at times lead a service team with limited oversight on assigned accounts. This position has progressively more responsibility to drive the relationship at the customer level as well as superior Technical knowledge and fluency in all lines of coverage.
Essential Duties and Responsibilities
Operates independently on assigned clients and more complex accounts.
Provides mentoring and training to less experienced staff to support immediate supervisor and service team.
Supports day to say service activity for those team members.
Initiates renewal process for existing clients, and discusses and creates renewal strategy with Regional Director or Producer.
Analyzes and compares current exposures and develops renewal or new business specifications for marketing; and presents renewal strategy plan.
Conducts marketing, negotiates rates, reviews quotes and coverages for competitiveness and accuracy.
Conducts all steps of the renewal process including oversight of support team.
Reviews policy and determines appropriate coverage; identifies possible deficiencies.
Reviews and summarizes marketing results and prepares proposals; Finalizes proposals and presentations in coordination with a Service team, Regional Director or Producer.
Binds insurance coverage and prepares binders and/or delegate certificates issuance.
Responsible for the coordination of other cross functional services such as claims and loss control.
Monitors Clients accounting history and responsible to keep it account current;
Drives the claims process for assigned accounts; work in tandem with assigned claims advocates to deliver Client service.
Notifies producer or service team of pertinent information related to client retention.
Meets with clients as needed or directed by Producer.
Works within all standard operating procedures and compliance guidelines independently as well as internal and external systems.
Attends industry events including carrier events, establishes relationships with key underwriting contacts.
Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information).
Performs all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.
Performs other duties as assigned.
QUALIFICATIONS
Bachelor’s Degree or equivalent combination of education and experience
Eaight (8) or more years of related work experience
Encouraged to complete Career Path requirements as communicated by supervisor.
Must continue to meet Continuing Education requirements for license renewal
Valid Insurance License and completion of one insurance class
Knowledge, Skills and Abilities
Superior verbal and written communication skills
Advanced planning, organizational and prioritization skills
Ability to supervise and lead less experience staff
Ability to work within a team and to foster teamwork
Excellent technical skillset and knowledge of insurance marketplace and highly fluent in property insurance
Excellent customer service skills, including telephone and listening skills
Good leadership, problem solving and time management skills
Proficient in Microsoft Office Suite and Excel
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Salary : $125,000 - $150,000