What are the responsibilities and job description for the Account Manager, Commercial Lines position at Risk Strategies Company?
The primary role of the Account Manager is to handle the day-to-day Client Service requirements on an assigned book of business. This book of business could have a Producer or Account Executive who has overall responsibility for Service, Placement and Business Development.
The AM should have a deep understanding of coverage and insurance programs, but their focus includes a significant amount of time spent on system activity and communication with the client via email, phone or in person. They have great accountability to adhere to corporate initiatives, process and procedures, including system of record data integrity.
The AM is a key member of the client team and provides direction to any 3rd party vendors who have responsibility for the account.
Your Impact:
- Participates in renewal strategy including discussion of the markets to approach, claims reviews and exposure gathering
- Manages a renewal book of business, Including Submissions, Marketing, Proposals and Binding.
- Provide support in drafting exposure gathering information, loss exhibits, submissions and proposals.
- Obtain loss run or policy documentation directly from a carrier website as needed.
Day to Day Client Service:
- Primary recipient of daily questions or changes from the client or forwarded by the Prod/AE.
- Work with Associate Account manager or 3rd party vendor to issue Certificates, Invoices, policy/endorsement/audit checking
- Submitting and managing changes to the carrier per the client’s request
- Update the system of record to properly reflect conversations, communications and policy documentation
- Processing of monthly, quarterly or annually audits and monthly reports as received
- Handling contract reviews that are not complex in nature
- Claims management; instructing the client to report notice of loss directly to the carrier or provide claims reporting and support for ongoing large claims.
Successful Candidates Will Have:
- 5 Years of experience in a Property & Casualty brokerage environment
- Hold Insurance licenses
- Deep technical knowledge of Property & Casualty business
- Understanding of agency processes and procedures
- Strong understanding of Agency Management systems
- Knowledge of loss sensitive, alternative risk transfer, & self-insured retentions programs
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700 locations and a team of approximately 23,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.