What are the responsibilities and job description for the Commercial Lines Account Executive position at AssuredPartners?
At AssuredPartners, our Hanover, MD office is growing. We are hiring an Account Executive for our Commercial Lines department. If you enjoy working directly with clients and have experience handling larger commercial accounts, we want to speak with you. You will partner with our sales team and work independently on sales opportunities to lead the day-to-day management of current clients' insurance programs.
As one of the fastest-growing insurance brokers in the U.S., we are excited to bring on those interested in continuing to grow their careers in the insurance industry. Opportunity awaits you with us!
Why This Role?
Opportunity to collaborate on sales opportunities while gaining knowledge to become experts in the field
Provide mentorship and leadership to other team members, contributing to the growth and development of books of business.
Opportunity for upward mobility and advancement opportunities across AssuredPartners!
What You'll Do : Client Support
Lead meetings with clients, including meetings at client locations.
Responsible for providing comprehensive client support and acting as the main client contact for the book of business.
Effectively manage difficult client communications, including loss of coverage, claim denials, unfavorable underwriting, and other challenging renewal scenarios.
Account Management
Negotiate and sell lines of insurance to clients to round out accounts as appropriate. May design client insurance and risk management plans as assigned and directed by Agency management.
Own all audit, review, and claims processes for assigned business books.
Analyze data to draft client service plans, stewardship reports, and other meaningful reports tailored to the client's needs and circumstances of the presentation.
Insurance Expertise
Develop and maintain strong personal relationships with appropriate insurance carrier personnel. Proficient in underwriting practices; able to manage underwriting relationships.
Fluent in the client’s industry and current events that can modify the coverages needed.
Review changes in carrier offerings and policies and relay information to the larger service team.
Leadership
Mentor or formally direct the work of more junior team members, including Account Coordinators, Account Managers, and Senior Account Managers.
Facilitate and collaborate with the account team on the agency’s renewal strategy.
Client Strategy
Provide clients with Insurance Coverage reviews and review methods of handling risks. Identify and explain gaps in coverage. Work with the producer to write new business.
Attend carrier functions to learn new coverage options and risk assessment strategies.
Conducted book reviews to determine which accounts needed an in-person risk assessment or client meeting to support agency retention.
Other duties as assigned.
What You'll Need :
3 years of related experience and / or training preferred or demonstrated skills listed below.
Current Property and Casualty license required
Comprehensive knowledge of available commercial line coverages based on business classification and informed on industry trends and client retention strategies.
Highly developed problem-solving and solution-design skills; strong written and verbal communication skills.
Demonstrated leadership through client support and advocacy skills and mentoring and guidance of more junior employees.
Highly proficient in the use of Microsoft Office or similar software, including spreadsheet and presentation software.
Skilled in using agency management software with the ability to quickly learn new systems and processes.
T o help you make the best decision for your personal growth, it’s important to us to share a glimpse of what we offer our top asset, our people :
Competitive base salary $90,000 - $100,000
Generous 30 Days Comprehensive Paid Time Off Package inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days
Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options
Company match 401(k) plan – 50% up to 6%!
Support of your fitness wellness goals! We offer up to 75% off at over 11,000 gyms and fitness centers
Opportunity to prioritize your mental health with 24 / 7 access to licensed therapists
Pet benefits & discounts
Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout AssuredPartners
Keep a pulse on the job market with advanced job matching technology.
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