What are the responsibilities and job description for the Commercial Lines Account Executive position at The Jonus Group?
Job Description
Our client is seeking a P&C licensed, dedicated, and proactive Commercial Lines Account Executive to join their team.
Benefits
Our client is seeking a P&C licensed, dedicated, and proactive Commercial Lines Account Executive to join their team.
Benefits
- Competitive salary: $75K-$88K
- Comprehensive benefits package
- Professional development opportunities and training.
- Supportive and inclusive work environment.
- Active P&C license
- Strong understanding of commercial insurance products, coverages, and underwriting processes.
- Proficient in using insurance management software and Microsoft Office Suite.
- Prior experience in middle market commercial lines account management or related roles is preferred.
- Build strong, lasting relationships with clients by understanding their business needs and providing personalized insurance solutions.
- Regularly communicate with clients to assess their evolving insurance requirements and address any concerns.
- Evaluate client insurance portfolios to identify coverage gaps, recommend enhancements, and tailor policies to fit clients' specific risks.
- Collaborate with insurance underwriters to negotiate terms, pricing, and coverage options that align with clients' needs.
- Prepare and present comprehensive insurance proposals and reports to clients, outlining coverage details and benefits.
- Coordinate the renewal process by gathering necessary information, updating applications, and ensuring timely submission to underwriters.
- Review policy documents and endorsements to verify accuracy and completeness.
- Proactively manage policy changes, endorsements, and other administrative tasks as needed.
- Analyze clients' businesses and industries to identify potential risks and exposures.
- Provide risk management recommendations to clients to help mitigate potential losses and enhance their overall risk profile.
- Act as a liaison between clients and insurance carriers during the claims process, ensuring claims are reported accurately and efficiently.
- Monitor the progress of claims and provide updates to clients, helping to expedite claim resolution.
- Work closely with internal teams such as underwriting, claims, and risk management to deliver seamless service to clients.
- Collaborate with colleagues to share market insights, industry trends, and best practices.
- Identify opportunities to upsell or cross-sell additional insurance products to existing clients, contributing to account growth.
- Ensure compliance with industry regulations and company policies.
- Maintain accurate and up-to-date client records, documentation, and communication logs.
Salary : $75,000 - $88,000