Commercial Lines Account Executive

Foundation Risk Partners•Louisville, KY

1d•Onsite

About The Position

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Commercial Lines Account Executive to their Louisville, KY team. This role is responsible for the daily servicing of assigned clients, including new and renewal business, processing, and maintaining exceptional customer relations. The Account Executive will support the Sales Producer team, regularly interact with clients, and devise creative solutions to meet client coverage and cost needs. This position requires independent judgment on accounts, including negotiation of product pricing, interviewing clients, collecting and analyzing client information, and assisting in product and pricing determinations. The role involves implementing company policies based on specific client circumstances. The Account Executive will interact with and provide professional support to Producers and clients in initiating the renewal process, marketing responsibilities (from submission to binding coverage), reviewing processed policies, handling Certificates of Insurance with unusual wording, servicing clients in a timely manner, and performing other duties to establish, service, and maintain accounts.

Requirements

5 plus years of insurance experience preferred
Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail
Expert level written and verbal communication skills
Demonstrated proactive approaches to problem-solving with strong decision-making capability
Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment
Proven ability to handle confidential information with discretion, be adaptable to various competing demands, and demonstrate the highest level of customer/client service and response

Nice To Haves

Insurance designations (CIC, CPCU, AAI, CRM) preferred

Responsibilities

Daily servicing of assigned clients including new and renewal business
Processing and maintenance of exceptional customer relations with the client
Support the Sales Producer team
Devise creative solutions to meet client coverage and costs needs
Negotiate product pricing
Interview clients
Collect and analyze information regarding the client
Assist in product and pricing determinations
Implement company policies with regard to the specific factual circumstances of each client
Initiate renewal process and marketing responsibilities including all steps from preparing a submission to proposing and binding coverage as needed
Review processed policies as needed prior to releasing to the client
Handle Certificates of Insurance with unusual wording
Service clients in a timely manner
Perform other duties as are required to establish, service and maintain accounts
Participate in developing retention strategy and new business acquisition meetings
Direct gathering data from client-application, exhibits, narratives, loss runs
Work independently of producer on placement of risk
Develop marketing strategy
Lead in cross sell opportunities
Maintain open item checklists/timelines
Responsible for major project deadlines
Coordinate client meetings
Develop and maintain strong relationships with clients and carriers
Review contracts, recommend risk transfer, check for compliance
Identify new exposures
Communicate with producers and team regarding clients
Participate in comprehensive risk management program
Prepare synopsis and analysis as required
Analyze client data determine client needs
Answer underwriting questions
Negotiate pricing and products
Prepare, maintain, and verify client billings and invoices
Review certificates for special wording
Serve as prime contact with client besides producer
Assist in cross sell opportunities
Participate in initial meetings with clients and producers
Organize team client strategy meetings
Use independent judgement to conceptualize solutions for client needs