Associate Account Executive (Commercial Lines)

Must have current insurance experience and hold a P&C license.

Position Summary:

This position involves day-to-day responsibilities that require independent judgment and discretion contributing to the department’s ongoing success, including:

• Support Senior Account Executive and Account Executive in maintaining a high-level retention on an existing book of business
• Support in marketing new and renewal business which may entail completing applications in EPIC, obtaining loss runs from carriers, preparing loss analysis, obtaining updated information from insureds/prospects and submitting to insurers (online & via email) and preparing proposal documents.
• Reviewing quotes received to ensure all coverage needs are addressed; making changes as needed
• Review existing policies and endorsements, request changes to carrier as needed
• Maintain integrity of system activities and client detail
• Respond to clients with coverage inquiries
• Adherence, compliance and full utilization of all technology tools (i.e. EPIC, Outlook, etc.)
• Work collaboratively with producers, clients and SterlingRisk account team to service existing and new accounts
• Meet service delivery standards and perform essential functions to the quality and services standards developed by SterlingRisk
• Invoicing

Essential Functions & Basic Duties:

(This job specification may not include all the duties listed, nor do the examples cover all the duties that may be performed.)

• Technical support to Senior Account Executive and Account Executive, Producer and client
• Mentoring, training and directing if needed
• Act as a point of contact to resolve client billing issues
• Collaborate with Senior Account Executive and Account Executive on applications to eligible and appropriate carriers
• Collect, prepare & disseminate required information for renewal strategy meeting
• Track all open items with clients and ensure the team meets deadlines and deliverables
• Identify exposure to loss and work collaboratively with Senior Account Executive and Account Executive to recommend appropriate coverage
• Analyze request and consider variables for cancellations; takes appropriate action to save account
• Collaborate with the Producer, Senior Account Executive, Account Executives and management
• Analyze and review coverage forms, quotes and binders
• Prepare market presentations/proposals for clients
• Manage and follow up to ensure timely receipt of quotes and binders from the marketplace
• Participate in team strategy meetings & take notes
• Prepare summaries of insurance
• Process required supplemental applications and appropriate excess lines forms
• Collaborate with Senior Account Executive & Account Executive to coordinate renewal or new account billing and financing
• Client contact and insurance company interaction/negotiation as needed
• Prepare premium allocations for clients as needed
• Attend prospect and client meetings as required
• Develop and maintain strong market relationships
• Any other duties as requested by management

Supervisory Duties:

• Not applicable for this role

Knowledge, Skills, & Abilities:

• Strong written and oral communication
• Ability to interpret abstract information
• Knowledge of insurance products and usage
• Knowledge of insurance markets and reference to markets
• Knowledge of insurance rating and underwriting procedures
• Proficiency in Outlook, Excel, Word EPIC, etc.
• Ability to work independently, as well as in a team environment
• Strong presentation skills
• Detailed orientated
• Work well under pressure
• Ability to multi-task

Education and Work Experience:

• College Degree with a minimum of two years’ experience; or
• A minimum of five years insurance experience preferred.
• Property & Casualty License
• Experience with EPIC preferred

Physical Demands/Working Conditions:

Why SterlingRisk?

Salary:

The estimated base salary range for this full-time position is $70,000 – $80,000 annually, plus benefits, and can vary based on location.