What are the responsibilities and job description for the Sr. Account Executive, Public Entity position at NIP Group?
Who We Are
NIP Group is a rapidly growing insurance service provider of specialty programs for commercial insurance brokers and carriers, offering underwriting, distribution, product management, administration, and risk management services. We act as a Managing Underwriter (MGA) and a Reciprocal Services Manager (RSM).
Our culture empowers and encourages employees to be innovative, collaborative, and forward-thinking. If you are looking to join a growing, entrepreneurial-spirited organization, we would love to hear from you
!
About the Positi
onWe are seeking a dynamic and experienced Senior Account Executive, Public Entity P&C to support the profitable growth of BGIA. This role will leverage strong technical, marketing, and communication skills to help expand our footprint as both a risk manager for self-insurance pools and a public entity insurance broke
r.
As a key member of our Public Entity team, you will play a strategic role in developing and executing BGIA’s marketing initiatives, maintaining strong relationships with clients and carriers, and optimizing placement strategies for a variety of insurance programs. You will collaborate closely with the Senior Vice President, Public Entity Practice, and work across multiple lines of coverage, including Property, Cyber, Liability, and Professional Lin
es.
This position is based in Woodbridge, NJ, with occasional overnight and regular day tra
vel.
What You’
ll DoStrategic Growth & Business Develo
- pmentAssist the Senior Vice President (SVP) in developing and implementing profit strategies and marketing initiatives for
- BGIA.Identify and pursue new business opportunities through account rounding, RFP/RFQ processes, and broker-related activi
- ties.Drive underwriting new member growth, in collaboration with the Account Manager and with strategic guidance from the
SVP.Client & Market Relationship Manag
- ementBuild and maintain strong relationships with clients, insurers, and key stakehol
- ders.Lead the marketing, placement, and servicing of Property and Cyber lines of cove
- rage.Support the SVP in placing Liability, Professional Lines, Excess, Umbrella Excess, Workers’ Compensation, Crime, and Disaster Management poli
cies.Risk Management & Consu
- ltingProvide risk management consulting services to public entity clients, helping them develop effective insurance and risk mitigation strate
- gies.Design, place, and administer insurance programs for non-risk pooling cli
- ents.Optimize and streamline the administration of marketing, underwriting, and risk management funct
ions.Underwriting & Stewar
- dshipAssist in the production of annual Stewardship Reports for Joint Insurance Funds (JIF) cli
- ents.Manage Fund member service requests, including certificates of insurance and miscellaneous service mat
- ters.Facilitate referrals to excess underwriters for new and existing members with material exposure cha
nges.Team Collaboration & Mento
- rshipSupport the SVP in mentoring and developing junior team members to enhance their industry expertise and perform
- ance.Collaborate across teams to share market intelligence and enhance BGIA’s competitive positio
ning.
What We’re Looki
ng ForEducation & Li
- censesCurrent New Jersey Property and Casualty Producer License (requ
- ired).Accident and Health/Life License (prefe
- rred).Bachelor’s degree or higher (preferred); a focus in accounting, marketing, finance, or insurance is a
- plus.Professional designations such as CPCU, ARM, CIC are highly desi
rable.Expe
- rience10-15 years of relevant industry exper
- ience.5 years of experience marketing New Jersey municipal business (requ
- ired).Municipal insurance underwriting background is a major
plus.Technical Skills & Compet
- enciesStrong knowledge of insurance carriers and the marketplace, including pricing trends, specialty coverages, and key prov
- iders.Ability to access and utilize markets to meet municipal clients’ specialized coverage and pricing needs in a highly competitive enviro
- nment.Expertise in alternative market products (SIRs, large deductibles, pools, RRGs,
- etc.).Strong negotiation and presentation s
- kills.Effective project management and problem-solving abil
- ities.Proficiency in Microsoft Office Suite (Outlook, Word, E
xcel).
What You'll
ReceiveAt NIP Group, we recognize there are many factors that contribute to your overall satisfaction both at work, and in your personal life. For that reason, we provide a perfect mix of compensation, benefits, company culture, and resources to ensure your everyday happiness. Below are some benefits that you’ll r
eceive.
• Competitive compensation to reward you for your hard work ev
ery day.• Progressive Paid-Time Off program for you to enjoy time out of the office, including time off for volunteering and life
events.• Group Medical, Dental, Vision and Life insurance to encourage a healthy li
festyle.• Pretax Health and Dependent Care Spending Accounts to ease taxes on s
- pending.• Discounts in retail and entert