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Commercial Account Manager
$74k-101k (estimate)
Full Time | Insurance 3 Months Ago
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JAMES A SCOTT & SON INC is Hiring a Commercial Account Manager Near Raleigh, NC

COMMERCIAL ACCOUNT MANAGER

With 160 years experience, Scott Insurance is a leader in developing smart strategies and innovative programs customized to the needs of mid-market companies. We offer property & casualty, employee benefits, captive insurance and surety bonds solutions, as well as personal risk services. An employee-owned company, we are one of the largest independent agencies in the Southeast and have Captive Insurance operations in Grand Cayman and Vermont. For 30 years, we have earned the distinction of a Best Practices Agency and have consistently been ranked among the top 30 agencies in the country by Reagan & Associates, and were recently named to Business Insurance's national Best Places to Work list. Scott has nine offices across North Carolina, South Carolina, Tennessee and Virginia. Our employee owners enjoy a strong, team-centric culture, excellent benefits and retirement programs.As an employee-owned company, our associates are more than employees; they are owners. This ownership creates a unique company culture and provides significant opportunities for our employee owners.We are driven by an entrepreneurial spirit and guided by out-of-the box thinking to deliver world-class service to our clients, primarily mid-market companies.

We currently have an opening for a Commercial Account Manager in our Raleigh, NC office. If you enjoy working in a dynamic environment that rewards excellence and encourages entrepreneurial thinking, we like to hear from you!

PRINCIPAL OBJECTIVE OF THE POSITION

This position will provide assistance to the Producer in the handling and processing of commercial business.

POSITION QUALIFICATIONS AND REQUIREMENTS

  • Four year college degree or equivalent combination of education and work experience.
  • Property & Casualty license or the ability to obtain within 90 days is required.
  • CISR and/or CIC designations preferred.
  • Proficient in Excel, Word and PowerPoint.
  • Outstanding written and verbal communication skills.
  • Superior organizational skills, ability to handle multiple tasks and effectively prioritize.
  • Excellent relationship building skills.
  • Strong math and analytical skills.
  • Exceptional time management skills.

PRINCIPAL DUTIES AND RESPONSIBILITIES

  • Managing accounts in accordance with agency standards and workflows.
  • Binding and issuing policies, endorsements and audits.
  • Preparing Premium/Loss Analysis and Modification Analysis.
  • Determining appropriate marketing strategy for placement of business.
  • Processing new business/renewal applications, endorsements, certificates, cancellations, audits, check policies and preparing proposals. 
  • Preparing binders, certificates, account summaries (to include premium and loss experience as well as coverage), endorsements, policies, lost policy releases and account balance status when requested. Ensuring items are delivered and/or mailed to client. Initiating correspondence with companies and clients. Maintaining expiration control log. 
  • Reviewing and interpreting coverage for new and renewal policies per guidelines, endorsements and handling audits for accuracy in rating, typing coverage and signatures.
  • Responding to client questions regarding insurance coverage and exposures.
  • Establishing strong working relationships with clients, underwriters and carriers.
  • Researching for unique coverage situations and new coverages in the industry.
  • Performing other duties as assigned.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$74k-101k (estimate)

POST DATE

02/03/2024

EXPIRATION DATE

05/10/2024

WEBSITE

scottins.com

HEADQUARTERS

CHARLOTTESVILLE, VA

SIZE

200 - 500

FOUNDED

1864

TYPE

Private

CEO

BO IZARD

REVENUE

$10M - $50M

INDUSTRY

Insurance

Show more

JAMES A SCOTT & SON INC
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JAMES A SCOTT & SON INC
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The job skills required for Commercial Account Manager include Time Management, Building Relationships, Verbal Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Account Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Account Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Commercial Account Manager positions, which can be used as a reference in future career path planning. As a Commercial Account Manager, it can be promoted into senior positions as an Account Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Account Manager. You can explore the career advancement for a Commercial Account Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Commercial Account Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Account Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Account Manager job description and responsibilities

The Account Manager will be primarily responsible for the ongoing management of commercial clients, retention of new and renewal clients, and maintaining a partnership with the producer to support business development activities while upholding high servi

02/02/2022: Cincinnati, OH

Account managers foster good relationships with the specific clients they serve.

02/26/2022: Great Falls, MT

They manage the relationship with the client of the account(s) they are assigned to.

03/20/2022: Lancaster, PA

An account manager focuses on maintaining the agency-client relationship by working with the client to develop a business strategy that will fulfill their needs.

02/21/2022: Las Cruces, NM

Developing a complete understanding of key account needs and provide customer relationship management.

02/02/2022: Cincinnati, OH

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Commercial Account Manager jobs

The account manager would frequently serve as a combination of a salesperson, customer service representative, technical specialist, and financial advisor.

03/23/2022: Canton, OH

Account managers typically work with multiple small accounts or a few larger ones.

02/09/2022: Denver, CO

Account managers also have to meet the expectations of the agency's senior management.

01/27/2022: Jackson, MS

There are also skills account managers must learn and acquire through training, experience and educational opportunities.

01/20/2022: New Britain, CT

Account managers typically apply their skill set toward providing a great service and experience to their clients.

03/13/2022: Trenton, NJ

Step 3: View the best colleges and universities for Commercial Account Manager.

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