Job description
Commercial Senior Account Manager
Job Summary
Seeking a highly skilled and experienced Commercial Senior Account Manager to join a team. This role involves managing an established book of accounts, working directly with clients and carriers, and providing support for new business development. The ideal candidate will have a minimum of 5 years of experience in Senior Account Management and possess a strong understanding of commercial insurance practices.
Compensation Package
- Salary Range: $70,000 - $80,000 annually
- Competitive benefits package, paid time off, professional development opportunities, etc.
Responsibilities
- Manage an established book of business, maintaining strong client and carrier relationships.
- Support the development of new business opportunities.
- Initiate and participate in the renewal process, including Renewal Strategy meetings.
- Prepare submissions, including loss exhibits, and assist in marketing accounts.
- Develop proposals for new business and renewals, including binding, invoicing, and documentation.
- Review insurance policies and endorsements for accuracy.
- Prepare correspondence and insurance schedules.
- Handle certificate requests and evidence of property, ensuring accurate documentation.
- Maintain up-to-date information on company automation systems.
- Utilize web-based and other systems for rating, research, and carrier inquiries.
- Provide support during the claims process, including accepting and communicating notices of claims.
- Perform receivables/collection activities, including cancellations and reinstatements.
- Mentor and direct workflow for other team members.
- Manage client relations for accounts not serviced directly.
- Perform other duties as assigned.
Qualifications/Requirements
- Minimum of 5 years of experience in Senior Account Management within the commercial insurance industry.
- Active 220 insurance license (required).
- Proficiency in utilizing web-based systems and insurance software.
- Strong knowledge of commercial insurance practices and processes.
- Exceptional organizational and communication skills.
- Ability to work independently and collaboratively in a team environment.
- Detail-oriented with a commitment to accuracy and efficiency.
- Demonstrated ability to mentor and guide team members.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
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