Senior Commercial Lines Account Manager
Job Description
Job Description
Senior Commercial Line Account Manager (Mid to Large Market Risks)
Excellent salary and benefits package available for a qualified individual .
Salary: $65,000 - 90,000
Location: Summit, NJ
Job Summary:
Independent Agency is looking for an experienced Senior Account Manager experienced working with Mid to Large Market clients to join their team. This position will be responsible for a large book of business. This individual plays a leadership role in maintaining the relationship between the service team and the insurance carriers.
Duties and responsibilities include but are not limited to:
- Coordinating annual marketing efforts and carrier negotiations;
- Providing detailed cost and coverage analyses;
- Answering client policy and coverage questions;
- Consulting with clients on mid-term policy changes;
- Providing monthly reporting of client values to carriers;
- Coordinating and conducting claim review meetings for selected accounts;
- Visiting client sites to identify potential exposures and needs;
- Review loss analysis and complete risk management analysis
- Work with producers to complete action steps necessary to close renewals including gathering and researching risk management/insurance and renewal data for marketing.
- S/he secures the renewal of existing business with assigned accounts and oversees activities related quality of service provided to clients.
- The position involves working with multiple producers in the Agency.
Required Competencies:
- P&C License required
- Extensive knowledge of Insurance Coverage products
- Excellent knowledge of and effective negotiation skills with insurance carriers, brokers, wholesalers and alternative risk markets
- Ability to provide first class service to assigned accounts including certificate issuance, returning phone calls and education of client staff with respect to insurance in general
- Ability to communicate verbally and in written form with clients, insurance company personnel and other vendor and third parties
- Knowledge of claims including participation in claim reviews
- Risk Management Background is Appreciated
All inquiries will be kept confidential
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