Account Executive - Professional Lines

Jencap•Sterling Heights, MI

72d•Hybrid

About The Position

Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career. At Jencap Insurance Services, we are driven to develop innovative and customized business solutions, offering ease of business with broad underwriting appetite, all the while backed by our tenured and highly skilled support teams. Combine that with product expertise, geographic knowledge, and deep market intelligence and you get the right policy every time, regardless of the coverage or complexity. The Account Executive assists Broker and teams with handling and placement of both new and renewal insurance policies. When underwriting renewal business, account executive valuates the exposures of a given risk and determines the best market for both premium and coverage. To be successful, a strong marketplace knowledge is required, which is developed over time and is ever-changing. The Account Executive is critical to Jencap retaining business year after year. This role will work a hybrid setup in our Troy, MI office.

Requirements

Five plus years of commercial insurance experience. Wholesale industry experience a plus.
Professional negotiation, interpersonal, written, & verbal communication skills
Ability to effectively prioritize & multi-task with a sense of urgency
Cooperate, work, & communicate well with co-workers, supervisors, & outside contacts as part of a team environment
Demonstrate proper judgement & decision-making skills
Capable of marketing, quoting, & binding of all Personal Lines Risks
Strong Organizational & Time Management Skills

Responsibilities

Compares coverages & policy language for placement of renewal business
Underwrites existing renewals to determine carrier acceptability & competitive pricing
Review submissions & provide decisions on which markets to access for various types of coverage
Rates & prepares insurance quotes
Maintains strong product knowledge
Contributes to the growth of the organization
Hits targeted renewal retention goals
Upholds departmental service standards
Coordinates daily workflow to meet deadlines
Produces a significant volume of work efficiently in a specified period of time
Review inspections to determine if coverages & limits are sufficient
Responsible for adhering to multiple contracts/ guidelines for our Binding Authority markets