Description:
The Commercial Lines Account Manager performs the essential functions of the position, which include aiding the Sales Executive / Account Executive, as well as clients with service needs and making changes to existing accounts. This position requires specific service and marketing responsibilities, including, but not limited to service and sales delivery standards, and perform essential duties while upholding the quality and service standards developed by this agency.
Please Note:
- This position must be hybrid out of the Westlake Village, CA office (not a 100% remote position) where the person will work 2x-3x per week in the office and 2x-3x per week remotely from home
- The position will pay in the $85,000-$90,000 per year plus benefits (depending on the person’s experience and skills)
Duties/Responsibilities:
Servicing/Customer Service —
- Provide technical support to Sales Executive/Account Executive specifically in analyzing client needs.
- Occasionally accompanies Sales Executive/Account Executive on prospect and client meetings.
- Completes applications in coordination with Sales Executive/Account Executive, submits applications to eligible and appropriate carriers; follows up to ensure timely receipt of quotations on new and renewal business and according to agency procedures.
- Orders and issues binders, certificates, policies, endorsements, and other related items, verifies their accuracy, forwards them to client with appropriate correspondence.
- Determines if direct or agency billing is appropriate and invoices accordingly.
- Prepares summaries of insurance, schedules, and proposals.
- Reviews audits of policies, verifies accuracy and facilities corrections, as needed, between client and carrier.
- Process incoming mail and phone requests, responding promptly and appropriately within company guidelines.
- Uses agency credit and collection policy in invoicing and pursuing prompt payments.
- Determines reasons for requests for cancellations, acts to save accounts and notifies Sales Executive/Account Executive.
- Processes and following up on cancellations requests to carriers to ensure accurate and timely resolution; maintains agency in financial equity whenever possible.
- Assist clients in submitting first claims, facilitates prompt response from carrier staff and follows up on claims status, according to agency procedures.
- Identifies exposure to loss and recommends appropriate coverages in coordination with Sales Executive/Account Executive.
- Online rating of quotes.
- Orders loss runs and keeps the loss run card updated.
- Maintain accurate and current detailed information in the Applied EPIC system.
Personal and Organizational Development:
- Sets priorities and manages workflow to ensure efficient, timely and accurate processing of transactions and other responsibilities.
- Keeps informed regarding industry information, new product information, legislation, coverages, and technology to continuously improve knowledge and performance.
- Utilizes good communications skills, cooperating purposefully and providing information and guidance, as needed, to achieve the business goals of the agency.
- Maintain professional, cordial, and effective relationships with clients, co-workers, vendors, and other business contacts.
Requirements:
Required Skills/Abilities —
- College education with a minimum of 3 years insurance experience or a minimum of 5 years insurance experience.
- Must hold a valid Property Casualty Broker-Agent license.
- Ability to communicate effectively, both verbally and in writing, with others to explain complex issues, receive and interpret complex information, and respond appropriately.
- Knowledge of insurance products and usages.
- Knowledge of insurance markets and reference to markets.
- Ability to carry out complex tasks with many concrete and abstract variables.
Physical Requirements:
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to pull or lift up to 15 pounds at times.
Compensation:
This position will pay in the $85,000-$90,000 range plus benefits (depending upon experience, skill level, etc.)
