Yacht Specialty Affluent Personal Lines Account Executive (FL hybrid or remote)

NFPPalm Beach Gardens, FL
1d$80,000 - $100,000Hybrid

About The Position

This role is for the Yacht Specialty group of our High-Net-Worth Personal Lines business. As a member of the NFP Yacht Specialty Team, your contributions will be highly valued, and you will have the opportunity to grow professionally. As an Account Executive, you will work on all sizes of accounts including large, complex accounts with large premiums and multifaceted marine coverages. Yacht team members engage with clients daily, developing and maintaining relationships with both client and carrier representatives. This role involves preparing applications, specifications, and marketing strategies for new business, as well as managing the renewals of assigned clients under some supervision and approval from their supervisor. In this role, you will manage a book of business, act as a consultant and the primary point of contact for clients. On a day-to-day basis you'll interact directly with clients and colleagues while developing and maintaining relationships with both client and carrier representatives. You will assist at all levels in the placement of new business, sometimes from start to finish as well as the renewals of assigned clients with limited supervision from your supervisor. This is an opportunity to make significant contributions at every level in the expanding yacht practice. This is a full-time role in our Palm Beach Gardens, FL office on a hybrid work schedule. We will consider a remote option for highly qualified candidates (with yacht insurance experience), who can occasionally (a few times a year) report to the FL office and attend client or industry events. You must have expertise in the Yacht niche of High-Net-Worth Personal Lines coverage. Ability to work on an Eastern Time Zone and report to the office or events is .

Requirements

  • Knowledge of yacht insurance terminology, policy wording, terms, and conditions.
  • Familiar with yacht insurance market guidelines and placement criteria.
  • Proficient with general Epic management processes.
  • Strong oral and written communication skills – writes clearly, edits for spelling and grammar, adapts writing style as needed, presents numeric data effectively, able to read and interpret information.
  • Strong verbal and written communication skills
  • Proficient in Excel and basic computer applications.
  • BA/BS preferred.
  • HS Diploma or equivalent required.
  • Typically, more than 3 years of industry and product line experience with ideally covering a yacht-specific BOB.
  • 220-Property & Casualty Broker's License required upon hire

Nice To Haves

  • Experience with EPIC or similar agency management systems preferred.

Responsibilities

  • Assess risks, negotiate terms, conditions, coverage limits, and pricing with carriers.
  • Deliver and review new and renewal policies for accuracy with clients.
  • Manage an existing portfolio of business with the objective of expanding the client base.
  • Actively engage in developing new relationships and nurturing existing ones within the NFP network and externally, serving as a trusted resource within the yacht team.
  • Set up new clients in Epic, document and manage material changes in risk for both new and existing clients.
  • Maintain a diary (follow-up system) to ensure receipt of policies, endorsements, and other necessary information to comply with requests.
  • Establish and sustain strong relationships with carriers and clients through regular communication.
  • Contribute to the growth of the division by being a reliable, active, and trusted member of the yacht practice.

Benefits

  • We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more.
  • Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
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