What are the responsibilities and job description for the Commercial Lines Account Manager position at Benchmark Insurance Group & Rise Group?
About Us:
Benchmark Insurance Group of Texas is a dynamic, fast-growing wholesale and retail brokerage specializing in the real estate, construction, and hospitality sectors. We offer comprehensive risk management solutions by leveraging market-leading technologies to enhance underwriting, claims handling, and policy servicing. We focus on transparency, strategic coverage comparison, and building strong, long-term relationships. We’re not just looking for employees; we’re looking for committed partners eager to grow with us and redefine the future of insurance.
The Role:
As a Commercial Account Manager, you will be responsible for managing a portfolio of commercial accounts, ensuring clients receive excellent service and the right coverage solutions. You will play a crucial role in supporting clients through the policy lifecycle, providing proactive communication, and identifying opportunities to enhance client satisfaction and retention. If you excel in managing relationships, possess a deep understanding of commercial insurance, and enjoy working in a fast-paced, client-focused environment, this role is for you.
Why Join Us?
- Be part of a company that prioritizes professionalism, innovation, and relationships.
- Engage with a diverse portfolio of clients in high-growth sectors.
- Contribute to a collaborative environment that values long-term partnerships.
Job Roles & Responsibilities
Account Management & Client Service
- Serve as the primary point of contact for assigned commercial accounts, ensuring timely and effective communication with clients.
- Address client inquiries, manage endorsements, renewals, and claims with precision and speed.
- Review client portfolios regularly, ensuring adequate coverage and identifying opportunities for cross-selling or up-selling additional products.
Client Retention & Satisfaction
- Manage the renewal process, proactively identifying coverage gaps and presenting alternative solutions to maintain high client retention rates.
- Conduct periodic reviews and coverage assessments with clients to enhance satisfaction and ensure proper risk management.
Team Collaboration
- Collaborate with underwriters, claims specialists, and sales teams to deliver seamless service and ensure the best outcomes for clients.
- Provide input on client needs, market trends, and service improvements to management.
Documentation & Compliance
- Ensure accurate documentation of client interactions, policies, and changes within the agency management system.
- Stay updated on industry trends and regulatory requirements to provide compliant and relevant coverage solutions.
Sales Support & Strategy
- Assist Account Executives with new business development by supporting sales presentations, providing coverage recommendations, and preparing proposals.
- Contribute to the growth of Benchmark’s market share by actively identifying leads and referring prospects.
Qualifications Needed:
- State-issued, valid insurance license(s) required: Property and Casualty Insurance License (required)
- Previous experience in the insurance industry as an account manager for commercial lines (required)
- A thorough understanding of a variety of insurance company policies and insurance coverage offerings, including their costs and benefits
- Sound knowledge or eagerness to learn the intricacies of working procedures within commercial enterprises to best advise clients on relevant policies
- Proficient in Microsoft Office programs such as Word and Excel (required)
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Supplemental Pay:
- Bonus opportunities
- Commission pay
- Percentage of Revenue Bonus
Education:
- High school or equivalent (Preferred)
Experience:
- AMS360: 2 years (Preferred)
- Insurance sales: 3 years (Preferred)
License/Certification:
- Property & Casualty License (Required)
Work Location: In person
Salary : $60,000 - $90,000