What are the responsibilities and job description for the Account Manager position at Builders?
Integrity. Care. Trust. Compassion. Expertise.
Do these words resonate with you?
These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers, agents, and each other.
Builders is proud to be named among the Great Places to Work. Our award-winning culture has earned top marks in Company Direction, Employee Appreciation, Work-Life Balance, Leadership, and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world, and our AM Best A Rating is evidence of our financial strength.
Position Summary
The Account Manager is a key member of the Reinsurance and Specialty Business team, instrumental in facilitating the administration of reinsurance treaties and advancing active business opportunities.
Responsibilities
- Oversee the Specialty team's active business by fostering regular collaboration with team members, internal departments, and external partners, including managing general agents (MGAs), third-party administrators (TPAs), and reinsurance brokers.
- Assist leadership in the strategic development, execution, and management of corporate and Specialty insurance reinsurance coverages.
- Monitor program performance, provide comprehensive status reports, organize program meetings and devise effective solutions to address any challenges that arise.
- Collaborate with both internal and external audit teams to ensure compliance and transparency.
- Engage in the negotiation of renewal terms by preparing contracts that align with financial conditions, resources, and contractual obligations.
- Develop proposals for active programs for review and facilitate resolution actions as needed.
- Collaborate with colleagues to ensure program compliance, robust reporting, and optimal program performance.
- Serve as the primary liaison between the Company and program stakeholders, fostering strong relationships.
- Participate in departmental training and engage in ongoing professional development opportunities.
- Perform other duties as assigned.
Qualifications
Bachelor’s degree in Risk Management or a related discipline or equivalent combination of education and/or experience
- Three or more years of insurance experience in the reinsurance and programs related areas
- Knowledge of basic accounting, law, insurance, business and corporate process
- Skill in interpersonal interactions, capable of effective collaboration with both internal and external stakeholders; skill in customer service and problem solving
- Ability to thrive in a team environment and to uphold ethical and confidentiality standards with a professional demeanor in all work circumstances
- Skill in completing tasks, working under pressure and complying with tight deadlines
- Ability to multi-task with keen attention to detail and accuracy
- Capacity to be on-site at the company headquarters and to travel and work autonomously while ensuring transparent communication with internal leadership
- Proficient in both verbal and written communication
- Proficient with Microsoft Office Suite and function specific software applications
Let’s talk benefits!
- Competitive Salary
- Bonus Structure
- Profit Sharing
- Medical, Dental, Vision Insurance
- Employer Paid Short Term Disability
- Employer Paid Long Term Disability
- Employer Paid Life Insurance
- Voluntary Life Insurance
- 401K with Company Match
- PTO
About Builders
Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.
Our financial excellence, amazing people, and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong®.
Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and don't discriminate based on any protected status. Join us in creating a diverse and inclusive workplace! If, during the application process you need assistance, or an accommodation due to a disability, please contact peopleops@bldrs.com.
