Account Manager

Brown & Brown Insurance•Oakbrook Terrace, IL

11d•$55,000 - $65,000•Onsite

About The Position

Bridge Specialty Group is seeking an Account Manager to join our growing team in Oakbrook Terrace, IL! The Account Manager quotes renewal business in a timely, efficient, professional, and accurate manner, all the while responsible for growing revenues. This position interacts with company and retail agent personnel in a diplomatic and knowledgeable manner in order to establish positive relationships, increase revenues, and retain policies upon expiration. In concert with other renewal business underwriters, is responsible for production and profitability results of the renewal business segment of the commercial department.

Requirements

Minimum education required High School Diploma or GED.
Proficient with MS Office Suite.
Exceptional telephone demeanor.
Ability to maintain a high level of confidentiality.

Nice To Haves

Active Property Casualty License or successfully complete Property Casualty licensing requirements within 90-days of hire-date (preferred).
Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience. (preferred)
2 – 3 years' experience in a similar position (preferred).

Responsibilities

Process renewal property casualty business in a timely and efficient manner to grow revenues and maintain retention and profitability.
Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property. Requests additional information, if necessary, and accepts or rejects risks in conformance with company guidelines.
Underwrites renewal business by reviewing insured’s files, producing agency experience, nature and frequency of losses and prior carrier loss experience.
Ensure that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business. Foster and improve relationships with other departments, producers, companies, and competitors.
Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; be responsible for your underwriting results.
Service and perpetuate existing businesses and have a keen awareness of priorities.
Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.