Captive Account Executive

Hub International Insurance • Pittsburgh, PA

2d

About The Position

About SCG Specialty Captive Group, a division of Specialty Program Group LLC, is a full-service captive management and captive consulting firm that is rapidly growing in an evolving industry. With insurance industry veterans and a robust team of insurance accountants, SCG helps businesses determine if captive insurance is the right method of risk retention for them. If it is, SCG can provide clients with all relevant captive management services. From feasibility, to formation, to financial reporting and regulatory compliance, to placement, and future state utilization, SCG can provide a full suite of service capabilities to its clients. SCG is a division of Specialty Program Group, one of the largest underwriting intermediaries and wholesale insurance brokers in the world. SPG is owned by HUB International. About HUB In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep, and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community. Why Choose HUB? Throughout our network of more than 450 HUB offices in North America, we offer a competitive, exciting, and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolve as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction. We are the perfect fit if you: · are seeking a progressive work environment at a rapidly growing organization · have a desire to help others protect their future · have an entrepreneurial spirit and are challenged by the opportunity to grow the business · are focused on learning and development to enhance your industry knowledge and expertise · are a self-starter willing to invest time and energy to learn the technical aspects of our business · believe in integrity and building success by developing relationships with others The Account Executive assists the team with multiple facets of account management, and works closely with the Financial Analysts, Risk Analysts, Brokers and Underwriters, Sales and Production staff, and the Company President.

Requirements

• Bachelor’s Degree, preferably in Business, Finance, Accounting, or Risk Management
• 5+ years of experience in Property & Casualty insurance
• Property & Casualty Producer’s License
• Proficiency in MS Office (Work, Outlook, Excel, and PowerPoint)
• Ability to learn new systems as introduced
• Superior communication and presentation skills
• Ability to multi-task and interact in a professional manner with clients and colleagues
• Strong written and verbal communication skills
• Good problem-solving skills and the ability to make the necessary decisions to move forward the work at hand
• Self-motivation with the ability to work independently under minimal daily direction
• Conscientiousness, reliability, and attention to detail
• Excellent time-management skills
• Sound listening and concentration skills
• Commitment to ongoing professional development

Nice To Haves

• ARM or CPCU designation a plus

Responsibilities

• Coordinate the service team and own the client service calendars to provide superior service and communication to clients and brokers/producers
• Promptly respond to all clients and brokers/producer inquiries in a courteous and efficient manner. Professional “overcommunication” with clients and brokers/producers is encouraged to show a proactive communication strategy
• Create and present client deliverables
• Interact with clients and prospects to guide and assist in implementing and managing alternative risk insurance programs
• Prepare and present proposals and annual meeting board documents
• Coordinate and facilitate meetings with clients and brokers/producers
• Review policies and reinsurance contracts; and provide data and needs-based consulting to clients throughout the policy year
• Assist producers with new business proposals
• Review and present financial statements with Financial Analyst
• Prepare and present documentation: policies, reinsurance contracts, feasibility analysis charts, loss runs, annual meeting documents, financial statements billing inputs, etc.
• Assist with follow up for outstanding information and reports
• Review claims or work with claims consultant as needed
• Create and maintain client compliance documents and maintain client files
• Maintain relationships with clients and insurance brokers/producers
• Participate in and lead department meetings as needed
• Draft policies, underwrite new and renewal clients, discuss and present renewals, review financial statements, review claims, and interface with clients and domicile insurance regulators
• Work and maintain relationships with various service providers including independent auditors, independent actuaries, attorney’s, TPA’s, carriers/reinsurers, and reinsurance brokers
• Utilize expense management system and oversee budgeting/forecasting
• Attend client meetings when needed
• Travel domestically and internationally as needed

Benefits

• Medical/dental/vision/life insurance, 401k matching program, Health Savings Account funding, and voluntary insurance options
• Generous time-off policies (3 weeks of vacation + Personal/Sick/Floating Holidays)
• A work/life balance because that’s important for all of us
• Learn from the expertise of your coworkers
• Growth - HUB is growing, and so can your career
• Be part of a motivated team and lead with superior client service

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees