Foundation Risk Partners is Hiring a High Net Worth Leader Near Teaneck, NJ
Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firm in the US, is adding a High Net Worth Leader to a specialty insurance partner in the Northeast Region. Job Summary: The High-Net-Worth Leader requires a high-level leader to manage the team, manage clients, agency ops, carrier relations, and selling ability along with strong marketing skills. He or She works directly with Account Managers on new business acquisitions and is responsible for negotiating and affecting the acquisition and renewal of HNW Personal Lines' accounts/clients for the department. The Leader builds strong relationships with clients and carrier personnel to market negotiate and present solutions. This position acts as a resource and mentor for HNW personal lines account managers. Essential Functions:
Works closely with Personal Lines team to develop sales and retention strategy
Keeps current with markets, products, and guidelines
Collects detailed risk and underwriting information
Prepares submission for the marketing of the accounts
Prepares quotes and analysis as required
Prepares and presents new/renewal high quality and accurate proposals to the client for presentation
Participates in marketing meetings; attends carrier meetings/functions •Identifies and pursues cross sell opportunities
Develops and maintains open item checklists, timelines, and coordinates meetings to meet the objectives of the client service plans
Develops strong relationships with clients, carriers, and referral sources (i.e. realtors, mortgage companies, title companies, etc.)
Continuously networks and identifies opportunities for networking
Binding and processing of new business
Open communication with Account Managers and service team regarding pertinent information involving accounts
Assists in various projects and provide overall support to the sales team Essential Knowledge, Skills, and Abilities:
Strong negotiation, sales management, organizational, multitasking, motivational, verbal and written, problem-solving, comprehension, and self-discipline skills
Ability to build good working relationships with clients and team members
Capable and willing to make sound decisions in unusual circumstances
Proficient in Microsoft Office Suite, Adobe Pro, and insurance agency management software (EPIC)
Detail oriented with excellent follow-up
Flexible and creative thinker regarding continuous improvements in efficiency and processes
Ability to analyze and evaluate results to choose the best solutions and solve problems on complex issues
Ability to handle stress of short time constraints and manage change
Ability to work as part of a team as well as mentor others.
Education and Experience:
Property & Casualty insurance license is required
min 10 years agency experience with strong sales background
Professional designation such as CPCU, CIC, ARM preferred
AMS360 or EPIC preferred Willingness to continue education is essential. All other duties as assigned.
Disclaimer: While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary. Equal Employment Opportunity (EEO): FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law. Benefits: FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!