Commercial Insurance Account Manager

Company: Yaekel & Associates Insurance Services Inc
Location: Belleville
Posted on: May 12, 2022

Job Description:

We are currently seeking Commercial Lines professionals to join our growing team. For the last 125 years, we have been committed to serving our community. As our newest Commercial Account Manager your first responsibility will be our clients needs. You will work as a team with CSRs and Producers. If you are passionate about helping others and working with a team that cares, apply today!*All applicants will receive an online assessment immediately after applying.*
Salary Range: $40000.00 - $75000.00 per year
Benefits

• Salary + Commission & Bonus Potential
• Vacation Time / Sick Time / Holidays
• Medical, Life, Dental, Vision Insurance
• Short-Term and Long-Term Disability
• FSA
• 401K with match
  
  Responsibilities
  New Business:--- Assemble, market and place coverage for new clients.--- Assist clients with making coverage; use each contact with the client as an opportunity to review the whole account, round it and market.--- Provide technical support to producers to benefit the clients and to reach agency's strategic business goals.--- Prepare proposals and complete applications in coordination with producers; submit applications to eligible and appropriate carriers; follow up to ensure timely receipt of quotations and policies.--- Attend to clients needs by producing binders, certificates, policies, endorsements, and other related items.Retention:--- Prepare summaries of insurance, schedules, and proposals as needed for account review.--- Re-market renewals, contact clients, create renewal proposals, and other renewal activities in coordination with the producers.--- Renew policies following agency standards.--- Review policy audits; verify accuracy and facilitate corrections, as needed, between client and carrier.--- Maintain and update files in agency management system.--- Verify policy and change information, facilitate corrections when necessary.--- Process incoming email and mail requests, responding promptly and appropriately.--- Verify accuracy of all direct billed cancellations and take appropriate corrective action when needed.--- Process and follow up on cancellations request to carriers to ensure accurate and timely resolution.--- Assist clients in submitting first reports of claims, facilitate prompt response from carrier staff and follow up on claims status to keep insureds informed.Personal and Organizational Development:--- Set priorities and manage workflow to ensure efficient, timely, and accurate processing of transactions and other responsibilities, including prioritizing workflow based on urgency, new business vs. renewal, expiration date of policy, revenue size of account and potential to close.--- Maintain a cordial and professional relationship with clients, co-workers, carriers, vendors, and other business contacts.--- Keep informed regarding industry information, new product information, legislation, coverages, and technology to continuously improve knowledge and performance.--- Interact with others effectively by utilizing good communications skills, cooperating purposefully, and providing information and guidance, as needed, to achieve the business goals of the agency and producer.--- Strong ethical values and integrity
  
  Requirements
  
  • Hold the insurance license required by your state and have a minimum of two years personal and commercial lines insurance account management experience, as well as a Bachelor's Degree or comparable work experience.
  • Demonstrate strong knowledge of insurance products and usages, rating procedures, underwriting procedures, coverages, and industry operations to effectively secure new business and maintain an existing client base.
  • Be people-oriented, customer-focused, and professionally assertive in developing new client relationships and servicing existing clients.
  • Possess outstanding organizational skills with an ability to complete difficult assignments without supervision, sound business judgment, strong decision-making, and superior written and verbal communication skills.
  • Have excellent time management skills, thrive in a team environment, and Technology and Computer proficiency including agency management systems.

Keywords: Yaekel & Associates Insurance Services Inc, Belleville , Commercial Insurance Account Manager, Executive , Belleville, Illinois