What are the responsibilities and job description for the Private Client Services Account Manager for Wholesale Company position at Novatae Risk Group?
We are seeking a highly motivated individual to join our Private Client Solutions team. Utilizing your exceptional skills and talents, we will rely on you to provide production marketing, underwriting, and support services to Senior Producers in the company’s Private Client Solutions division. You will contribute to the achievement of department goals relating to growth, profit, renewal retention, and producer/client management and service.
Job Responsibilities
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Job Responsibilities
- Assist Broker/Underwriter in managing the service and market placement of Broker's portfolio/ Underwriter’s portfolio of High-Net-Worth personal lines insurance accounts.
- Maintain cooperative and dependable relationships with retail agencies and brokerages; make marketing calls to the agencies/brokerages on behalf of the Broker/Underwriter
- Demonstrate broad knowledge of personal lines insurance coverages with insurance carriers and other markets as well as our in-house program.
- Evaluate submissions from retail insurance brokers; identifies exposures and coverage required.
- Identify appropriate markets including in-house program to request quotes from based on coverage requirements.
- Follow through with market placements as agreed with Broker.
- Identify and ask for additional underwriting information needed to quote.
- Communicate and negotiate with insurance markets and retail brokers.
- Evaluate quotes and contract provisions offered by insurance markets.
- Present competitive pricing, contract language and necessary details on quotes to retail insurance brokers and discuss any questions and binding of quote with an agent.
- Work with minimum supervision in completing tasks.
- Participate, as necessary, on special committees and projects.
- Must have “high net worth” personal lines experience for both the admitted and non-admitted market.
- Bachelor's degree preferred; equivalent experience and knowledge considered.
- 5 years of relevant experience in a personal line’s insurance brokerage or underwriting environment
- Wholesale brokerage experience preferred.
- Demonstrate understanding of personal lines insurance coverages and relevant forms.
- Must be licensed by appropriate state or be able to quickly obtain insurance license.
- History of trusted working relationships with carriers and markets
- Highest level of customer relations and negotiating skills to effect profitable results
- Independent judgment is required to plan, prioritize and organize diversified workload.
- Critical attention to details
- Proficient in Microsoft Office including Word, Outlook, and Excel
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.