Commercial Lines Account Manager

Cabot Risk Strategies LlcWoburn, MA
$65,000 - $85,000Onsite

About The Position

Cabot Risk Strategies, LLC is a dynamic and highly experienced team of insurance professionals dedicated to delivering quality services to our clients. Our goal is to help our clients effectively manage risk through insured solutions; self-funded solutions or a combination of both. As a full-service insurance brokerage and consulting firm, we provide our clients a leading property, liability and employee benefits practice delivering best-in-class solutions and services. Based in Woburn, MA, Cabot Risk Strategies is easily accessed off of 93 and 128, and employs 100+ people.

Requirements

  • Excellent communication skills required.
  • Superior critical analysis required, including the ability to evaluate and determine account acceptability.
  • Organizational skills and the ability to prioritize work is critical.
  • Knowledge of computers operation is essential, knowledge of Word, Excel and AMS 360.
  • At least three years of experience working with a company or agency Commercial Lines Department.
  • State Producer’s License required.
  • Must have the ability to analyze and understand commercial insurance products, including but not limited to EPL, EBL, D&O, and bonding.

Nice To Haves

  • CIC, CPCU or equivalent participation/completion preferred.

Responsibilities

  • Services all accounts (quotes, new business, renewals, contract reviews, endorsements and cancellations) as assigned by departmental management.
  • Develops new business and renewal quotations and proposals for small and middle market commercial clients. Special projects upon request.
  • Process and services specifically assigned new business and renewals within department and company underwriting guidelines. Processing and servicing includes invoicing and assuring proper completion of original applications.
  • Reviews and analyzes all incoming applications and accompanying documentation; if further documentation is required will contact Client, Management, or Account Executive to assure timely completion.
  • Assesses all inquiries by Client, routine and non-routine. Assures follow-up of all requests within service standards set by management.
  • Reviews accuracy and completeness of any company audit and reconciles differences between Client and Company following the Account Manager Procedure Manual and AMS Procedure Manual.
  • Keeps renewal expiration list updated and processes all renewals on a timely basis.
  • Completes all invoicing, credit match-ups, etc., and outstanding collections.
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