What are the responsibilities and job description for the Commercial Lines Account Executive (Hybrid) #ESF9628 position at ExpertHiring?
Top Reasons to work with our client:
Generous Time Off: Over 30 days of paid time off, including company holidays, floating holidays, sick days, and volunteer days.
Comprehensive Health Benefits: Multiple medical, dental, and vision plans, including orthodontia and HSA contributions for eligible plans.
Retirement Savings: 401(k) with a 50% company match up to 6%.
Wellness Support: Discounts on gym memberships and access to licensed therapists 24/7.
Additional Perks: Pet benefits, employee resource groups, and professional development opportunities. Job Type : Full TimeLocation : Melville, New YorkPay : Competitive Pay & Benefits!Job Description What you will be doing:
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Generous Time Off: Over 30 days of paid time off, including company holidays, floating holidays, sick days, and volunteer days.
Comprehensive Health Benefits: Multiple medical, dental, and vision plans, including orthodontia and HSA contributions for eligible plans.
Retirement Savings: 401(k) with a 50% company match up to 6%.
Wellness Support: Discounts on gym memberships and access to licensed therapists 24/7.
Additional Perks: Pet benefits, employee resource groups, and professional development opportunities. Job Type : Full TimeLocation : Melville, New YorkPay : Competitive Pay & Benefits!Job Description What you will be doing:
- Lead meetings with clients, including meetings at client locations.
- Provide comprehensive client support and act 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.
- Negotiate and sell lines of insurance to clients to round out accounts as appropriate.
- Design insurance and risk management plans for clients as assigned and directed by Agency management.
- Own all audit, review, and claims processes for assigned book of business.
- Analyze data to draft client service plans, stewardship reports, and other meaningful reports tailored to the needs of the client and circumstances of the presentation.
- Develop and maintain strong personal relationships with appropriate insurance carrier personnel.
- Proficient in underwriting practices and 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.
- 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.
- 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.
- Conduct book reviews to determine which accounts need an in-person risk assessment or client meeting to support agency retention.
- Perform other duties as assigned. Some travel may be required.
- Experience in professional liability and management liability.
- Ability to work within a generalist market.
- Strong communication and negotiation skills.
- Experience in client management and support.
- Knowledge of insurance products and risk management strategies.
- Experience mentoring and leading junior team members.
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