Job Description

Commercial Insurance Account Executive

Job Summary

Seeking a dynamic and results-driven Commercial Insurance Account Executive to join a growing team. In this role, the primary focus will be on acting as a trusted advisor to clients, building relationships, and providing tailored commercial insurance solutions aligned with their business requirements. This position plays a vital role in driving business growth, delivering exceptional client service, and managing new and existing accounts seamlessly.

Responsibilities

• Build and maintain strong, lasting relationships with new and existing clients, serving as their primary point of contact for commercial insurance needs.
• Collaborate with clients to assess their insurance requirements, review risks, and recommend appropriate coverage and policies that meet their business goals.
• Prepare and present proposals for new business opportunities and renewal packages, ensuring customized solutions for each client.
• Work closely with insurance carriers to negotiate policy terms, premiums, and ensure placement of coverage.
• Monitor and manage the accounts of assigned clients, staying ahead of any service requirements, policy changes, and renewals.
• Proactively identify opportunities for cross-sell, up-sell, and expansion of insurance coverage to address evolving client needs.
• Work in partnership with internal teams, including underwriters, claims specialists, and support staff, to deliver seamless and efficient client service.
• Stay informed of industry trends, market conditions, and new insurance products to offer the best solutions to customers.
• Work to achieve personal and team targets while maintaining a high level of customer satisfaction.
• Ensure compliance with all legal and regulatory requirements related to insurance policies and practices.

Qualifications/Requirements

• Proven experience as an Account Executive or in a similar role within the commercial insurance industry.
• Strong knowledge of commercial insurance products, policies, and market trends.
• Exceptional interpersonal and communication skills, with the ability to influence and build relationships at all organizational levels.
• Detail-oriented with strong organizational and time management skills to handle multiple accounts simultaneously.
• Goal-oriented and self-motivated with a demonstrated ability to meet and exceed sales and client retention targets.
• Familiarity with insurance sales tools, CRM software, and risk management practices.
• Ability to analyze risk exposures and negotiate favorable terms and pricing on behalf of clients.
• Holds an active P&C (Property and Casualty) insurance license.

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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