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