Commercial Lines Account Executive

Bukaty Companies, LLC is a top ranked regional based insurance brokerage located in Leawood, KS. We provide life/health, property/casualty product lines to strategically meet the needs of the clients’ employees and overall business, along with providing HR consulting services, Compliance and Benefit administration to our clients. Bukaty Companies, LLC was founded in 1992 by Mike Bukaty beginning as a two-person office, the business has grown to nearly 200 employees with 4 office locations. In 2021, Mike Bukaty sold a majority share of his business to Broadstreet Partners one of the top 15 insurance brokerages in the country, but he still operates as Chairman and CEO. This year we will exceed $50M in annual revenue and have had an average revenue growth over the last 3 years of 11.3% by growing organically and through acquisitions.

Position Summary

• The Commercial Lines Account Manager oversees all aspects associated with servicing commercial insurance client accounts from initial account setup to year-round service support and renewal. Must maintain a valid Property & Casualty insurance license in Kansas & Missouri. Must abide all by state insurance laws, and insurance carrier regulations. An essential function of the position will be to maintain a strong professional relationship with the client.

Job Function:

• Setup new accounts in agency management system.
• Review new account policies for accuracy upon issuance.
• Service client needs during policy term including ongoing contact to assess risk and coverage needs as client’s business changes.
• Review and confirm client’s renewal coverages adhering to agency’s 120-day renewal procedures guidelines.
• Consult with client at policy renewal to review coverages, make recommendations, and make policy changes.
• Remarket coverages based on market conditions, change in needs or exposure, and customer requests.
• Gather necessary underwriting information, applications, and supplemental applications necessary for successful remarketing.
• Negotiate with underwriters on matters of underwriting acceptability, coverages, pricing, and terms.
• Confirm coverages & policy renewal with carrier in a timely fashion.
• Negotiate with client on matters of coverage, pricing, and terms.
• Arrange premium financing if needed.
• Bind coverage with carriers.
• Complete invoicing transactions if required.
• Accept and collect noncash payments from clients.
• Review hard copies of renewal policies when received for accuracy.
• Prepare hard copies of policies for client delivery and proposal.
• Document all transactions with clients in agency’s management system adhering to agency guidelines & procedures including using the correct naming conventions.
• Take direction from producers and agency department heads regarding servicing of commercial accounts.
• Be available for work during core service hours of 8:00 – 5:00 pm Monday through Friday.
• Adhere to all company policies, business ethics codes, insurance laws and agency procedures as outlined within the company’s employee handbook, core values and the agency’s procedures manual.

Surety Bond Related Job Functions

Assist clients in obtaining Surety & Fidelity Bonds.