Account Executive-Commercial Insurance
- JENCAP
- Qunicy, MA
Job Description
Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.
Account executive assists producer with the handling and placement of both renewal insurance policies. When underwriting renewal business, account executive valuates the exposures of a given risk and determines the best market for both premium and coverage. To be successful a strong marketplace knowledge is required, which is developed over time and is ever-changing. Account executive is critical to Jencap retaining business year after year.
Responsibilities and Duties:
- Compares coverages & policy language for placement of renewal business
- Underwrites existing renewals to determine carrier acceptability & competitive pricing
- Review submissions & provide decisions on which markets to access for various types of coverage
- Rates & prepares insurance quotes
- Maintains strong product knowledge
- Contributes to the growth of the organization
- Hits targeted renewal retention goals
- Upholds departmental service standards
- Coordinates daily workflow to meet deadlines
- Produces a significant volume of work efficiently in a specified period of time
- Review inspections to determine if coverages & limits are sufficient
- Responsible for adhering to multiple contracts/ guidelines for our Binding Authority markets
Requirements:
- Minimum 2 years Commercial Insurance Background.
- Professional negotiation, interpersonal, written, & verbal communication skills
- Ability to effectively prioritize & multi-task with a sense of urgency
- Cooperate, work, & communicate well with co-workers, supervisors, & outside contacts as part of a team environment
- Familiarity with insurance terminology
- Demonstrate proper judgement & decision-making skills
- Capable of marketing, quoting, & binding of all Commercial Lines Risks
- Strong Organizational & Time Management Skills
- Energetic & Positive Attitude
Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You’re in the right place.
Jencap is dynamic, bold, tenacious, and trusted in the industry. Here, you are not just one of the many, you are one of us. We truly are better together.
Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
Apply Now
