What are the responsibilities and job description for the Senior Personal Lines Account Manager - High Net Worth position at Foundation Risk Partners?
Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Senior Personal Lines Account Manager - High Net Worth to their MSG Consulting team. This is a fully remote or hybrid role.
Job Summary:
Our Agency focus is on High Net Worth (HNW) personal lines Property & Casualty, and we are seeking a highly motivated, well rounded insurance professional to become part of our team.
The Senior Account Manager (SAM) position entails handling all aspects daily service responsibilities as well as client renewals and re-marketing within all lines of P &C personal insurance.
Essential Functions:
The qualified candidate must have:
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!
Job Summary:
Our Agency focus is on High Net Worth (HNW) personal lines Property & Casualty, and we are seeking a highly motivated, well rounded insurance professional to become part of our team.
The Senior Account Manager (SAM) position entails handling all aspects daily service responsibilities as well as client renewals and re-marketing within all lines of P &C personal insurance.
Essential Functions:
- Day to day service such as facilitating policy change requests, issuance of binders, certificates, ID cards, etc.
- Address client questions regarding premiums and billing statements
- Provide claims counseling and assistance during the claim settlement process
- Assist client with completion of applications, risk profile assessments and renewal questionnaires
- Evaluate policy coverage terms and limits for adequacy relative to client needs and their risk profile
- Re-market client policy renewals as needed given client need and/or current market conditions
- Negotiate renewal terms with incumbent carrier and alternative markets to seek the broadest coverage available at the most competitive premiums
- Prepare re-marketing results and provide a detailed renewal review to discuss with the client
- Implement new/renewal program and provide client with detailed evidence of coverage
- Cross-sell/upgrade existing coverage and/or present additional coverages as needed
The qualified candidate must have:
- 8 years personal lines experience with a background in HNW client/account management services. A background in the Sports & Entertainment field is helpful but not required.
- HNW experience with the following carriers: Chubb, AIG Private Client Group, PURE required, with Cincinnati, Nationwide Private Client Group and Nat Gen Premiere preferred.
- HNW experience with the following required; Coastal homes, CA earthquake and brush fire, extensive fine arts and jewelry schedules, exotic/collector cars, yacht/watercraft, builder’s risk, etc.
- Proper insurance licenses
- Experience with Applied Systems TAM, Excel, Word and general computer skills
- Strong communication skills, work well in a team orientated environment and under pressure
- Good leadership, analytical and organizational skills
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!
