What are the responsibilities and job description for the Yacht Specialty - Account Executive (Fl hybrid or E.S.T remote) position at NFP, an Aon company?
YACHT012905_7
Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
Job Summary
As a member of the NFP Yacht Team, your contributions will be highly valued, and you will have the opportunity to grow professionally. Yacht team members engage with clients daily, developing and maintaining relationships with both client and carrier representatives. This role involves preparing applications, specifications, and marketing strategies for new business, as well as managing the renewals of assigned clients under some supervision and approval from their supervisor. In this role you will manage a book of business, act as a consultant and the primary point of contact for clients. You will work on various account sizes, including opportunities to handle large, complex accounts with significant premiums and multifaceted marine coverages. On a day-to-day basis you'll interact directly with clients and colleagues while developing and maintaining relationships with both client and carrier representatives. You will assist at all levels in the placement of new business, sometimes from start to finish as well as the renewals of assigned clients with limited supervision from your supervisor. This is an opportunity to make significant contributions at every level in the expanding yacht practice.
This is a full-time role in our Palm Beach Gardens, FL office on a hybrid work schedule. We will consider a remote option for highly qualified candidates (with yacht insurance experience), who can occasionally (a few times a year) report to the FL office and attend client or industry events. You must have expertise in the Yacht niche of High-Net-Worth Personal Lines coverage. Ability to work on an Eastern Time Zone and report to the office or events is required.
Summary Of Responsibilities
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
The base salary range for this position is $51,000 – $100,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.
Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
Job Summary
As a member of the NFP Yacht Team, your contributions will be highly valued, and you will have the opportunity to grow professionally. Yacht team members engage with clients daily, developing and maintaining relationships with both client and carrier representatives. This role involves preparing applications, specifications, and marketing strategies for new business, as well as managing the renewals of assigned clients under some supervision and approval from their supervisor. In this role you will manage a book of business, act as a consultant and the primary point of contact for clients. You will work on various account sizes, including opportunities to handle large, complex accounts with significant premiums and multifaceted marine coverages. On a day-to-day basis you'll interact directly with clients and colleagues while developing and maintaining relationships with both client and carrier representatives. You will assist at all levels in the placement of new business, sometimes from start to finish as well as the renewals of assigned clients with limited supervision from your supervisor. This is an opportunity to make significant contributions at every level in the expanding yacht practice.
This is a full-time role in our Palm Beach Gardens, FL office on a hybrid work schedule. We will consider a remote option for highly qualified candidates (with yacht insurance experience), who can occasionally (a few times a year) report to the FL office and attend client or industry events. You must have expertise in the Yacht niche of High-Net-Worth Personal Lines coverage. Ability to work on an Eastern Time Zone and report to the office or events is required.
Summary Of Responsibilities
- Manage an existing portfolio of yacht business with the objective of expanding the client practice
- Negotiates new and renewal terms, conditions, coverage limits and pricing with carriers and wholesalers. Deliver and review for accuracy new and renewal policies with the yacht team
- Contribute to the growth of the division by being a trusted and reliable member of the yacht practice
- Actively participate in building new relationships and nurturing existing ones within the NFP network, serving as a trusted resource within the yacht team
- Timely Epic documentation and managing material changes in risk. Maintains a diary (follow-up system) to ensure policies, endorsements and other information is received to comply with requirements
- Build and maintain strong relationships with carriers, and clients through regular contact and client visits
- Participate in corporate and industry events as required
- Required: Extensive understanding of yacht insurance terminology and familiarity with yacht insurance coverage, policy wording, terms and conditions
- Experience in Personal Lines/High-Net-Worth accounts is required
- Must have managed a book dedicated to yacht practice and have comprehensive knowledge of the yacht insurance market guidelines and placement criteria
- Excellent written and verbal communication skills – writes clearly; edits work for spelling and grammar; varies writing style to meet needs; presents numeric data effectively; able to read and interpret written information
- Self-confident to make sound independent decisions
- Possess technical expertise plus good analytical and problem-solving skills
- Ability to handle situations in a calm, courteous and professional manner
- BA/BS preferred. HS Diploma or equivalent required
- Typically, more than 5 years of industry and product line experience with ideally covering a yacht-specific BOB
- Experience with EPIC or similar agency management systems preferred
- Property & Casualty Broker's License required upon hire
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
The base salary range for this position is $51,000 – $100,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.
Salary : $51,000 - $100,000
