Senior Account Executive - Private Equity

Hub International • New York, NY

285d • $120,000 - $145,000 • Hybrid

About The Position

HUB International Limited (“HUB”) is the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 19,000 employees in 750 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions. Our vertically integrated Private Equity group is currently seeking an ambitious Senior Account Executive with experience working with in the Financial Institution / Private Equity sector. The position would be to support the PE Service team while working at a consultative and strategic level with the Insured(s) to develop and execute on a structured renewal process inclusive of Property, Casualty, Management Liability, Cyber/Privacy Liability and Professional Liability coverage for the portfolio companies. The position is located in our Berkeley Heights, NJ / Bryant Park, NY office but offers the flexibility of a hybrid work environment.

Requirements

• 7+ years related experience.
• Strong working knowledge of all lines of commercial insurance coverage.
• Working with Private Equity clients and portfolio companies is beneficial.
• 4 year college degree or equivalent work experience.
• Completion of one or more CPCU exams preferred.
• Valid NJ/ NY State Property & Casualty Insurance license.
• Strong analytics and ability to think strategically and work in a highly organized fashion.
• Strong mathematical aptitude.
• Excellent Excel/Spreadsheet & Word proficiency.
• Ability to establish and maintain relationships with clients and carriers.
• Ability to manage multiple responsibilities in a deadline driven environment.
• Strong presentation skills and excellent written and verbal communication skills.
• Working knowledge of marketplace and on-line quoting.
• Ability to travel in a limited capacity as needed.

Responsibilities

• Manage all on-going services customarily required for Middle Market clients.
• Coordinate brokerage and client services (contract review and guidance, coordinating actuarial services, claims and loss prevention services as required).
• Work with the Producer and client team, developing an understanding of the clients' business, strategic priorities, risk strategies and risk management needs.
• Create detailed renewal insurance exhibits in Excel format to include pricing and exposure exhibits/comparisons, summary of terms and conditions and other pertinent program structure details.
• Responsible for the execution of the renewal strategy in accordance with client instructions.
• Collaborate and deliver, alongside the Producer, presenting a detailed renewal proposal.
• Responsible for facilitating the claims process - working closely with internal claims resources.
• Responsible for marketing, including advising customers regarding renewals and recommending coverage/products/risk control approaches.
• Responsible for managing existing client acquisitions/mergers and coordinating/presenting a go forward insurance program.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Flexible Spending Account (FSA)
• Health Savings Account (HSA)
• 401(k) accounts
• Paid-time-off benefits
• Commissions for some positions

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree