Commercial Lines Account Executive

Commercial Lines Account Executive

Job Summary

Seeking a highly motivated and experienced Commercial Lines Account Executive to join a team. This role involves managing a robust book of business, focusing on renewals, and providing exceptional service to a clients. The ideal candidate will have a strong understanding of commercial insurance products, risk management principles, and alternative risk financing strategies, including captive insurance programs.

Compensation Package

• Salary Range: $85,000 - $105,000 annually
• Commission Opportunities: Yes
• Bonus Opportunities: Yes
• Benefits:
  • Dual-choice medical plan (employee pays 6-17% for employee-only plans)
  • $50 monthly contribution to a Health Savings Account (HSA) for eligible employees
  • Employer-paid Long-Term Disability insurance
  • Employer-paid Life Insurance (1x annual salary, up to a maximum amount)
  • Voluntary benefits: Vision, Dental, Short-Term Disability, Additional Life Insurance, Cancer/Accident/Critical Illness/Hospital Indemnity Insurance

Responsibilities

• Manage a book of business with a premium size of $8-9 million, consisting of approximately 45 accounts.
• Focus on renewals, which constitute 85% of the workload, while also handling new business as needed.
• Serve clients across industries such as hospitality, wholesale, professional lines, main street businesses, and real estate.
• Collaborate with top carriers, including Cincinnati, Travelers, CHUBB, and Captive.
• Utilize the Applied EPIC agency management system to maintain accurate records and streamline processes.
• Provide expert advice on commercial insurance products and risk management strategies, including captive insurance programs.
• Build and maintain strong relationships with clients, ensuring their needs are met with professionalism and efficiency.
• Participate in minimal travel to meet with clients as required.

Qualifications/Requirements

• Proven experience in commercial insurance, with a strong understanding of risk management principles and alternative risk financing strategies.
• Familiarity with industries such as hospitality, wholesale, professional lines, main street businesses, and real estate.
• Proficiency in using the Applied EPIC agency management system or similar platforms.
• Excellent communication and interpersonal skills, with the ability to build and maintain client relationships.
• Strong organizational and time-management skills to handle a diverse portfolio of accounts.
• Ability to work effectively in a hybrid work environment, with two days onsite and two days remote each week.
• Commitment to upholding the company’s core values and contributing to a family-oriented workplace culture.

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