Commercial Lines Account Executive Job

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JOB DESCRIPTION
Position: Commercial Account Executive - Insurance
Position Responsibilities
The Account Executive is responsible for servicing and marketing the needs of clients to maximize company revenue.
This individual will maintain client, carrier, other providers, and associate relationships specifically for the financial services business. Manages and directs the work of a team of Account Managers and Account Administrators.
Coordinate marketing strategies and selection for new and renewal business.
Manage the renewal of current client business:
Provide renewal notice to Producer and Account Executive of team and set up renewal meeting 120 days prior
Set marketing strategy and renewal expectations of client and team
Deliver submission to markets
Review quotes and prepares proposal
Arrange and perform renewal presentation to client
Bind coverage with underwriters before expiration
Prepare written correspondence, reports, and analyses, as needed
Analyze situations, identify problems, recommend solutions, and evaluate outcomes
Perform other work-related duties as assigned.
Position Qualifications: Commercial Account Executive - Insurance
The ideal candidate will possess a bachelor's degree in a business-related program preferred or equivalent education and/or experience required. Accounting, business, finance, or legal background preferred.
A minimum of five years' working knowledge of Directors and Officers (D&O) Liability Insurance, Employment Practice Liability Insurance (EPLI), fiduciary, crime, and Errors and Omissions (E&O) coverages and services required.
Experience in marketing and servicing the insurance needs of commercial accounts for D&O, EPLI, fiduciary, crime, and E&O preferred.
Current insurance license or the ability to obtain immediately required.
Must have a complete understanding of the concepts, issues, and overall impact of marketing and pricing.
Understanding of rating concepts for D&O, EPLI, fiduciary, crime, and E&O.
Understanding of risk management concepts and their application to clients' needs.
Proficiency in the use of Microsoft Word and Excel required; PowerPoint preferred.
Strong attention to detail required.
Ability to work outside of regular business hours.
Remote opportunity
Hannah Lowry Menjivar
Recruiter
gpac
605-705-4639
****
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
GPAC (**MEMBERS ONLY**SIGN UP NOW***.) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States for the past 31 years. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.
GPAC (**MEMBERS ONLY**SIGN UP NOW***.) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States for the past 31 years. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.
Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

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