What are the responsibilities and job description for the Commercial Lines Account Manager position at Sovereign Insurance Group?
The Account Manager is responsible for the day-to-day servicing of commercial lines clients and maintenance of exceptional customer relations. This person acts as a generalist within our industries.
Duties/Responsibilities
Duties/Responsibilities
- Manage and retain existing book of business.
- Review and process bill renewals, new policies, and policy changes.
- Thoroughly review all commercial insurance policies for their accuracy, research coverage discrepancies until resolved, and communicate changes to insurance company.
- Handle coverage questions, research, and resolve problems.
- Interact with carriers and internal/external customers to ensure delivery of exceptional customer service and adherence to policies and procedures
- Manage the process of renewal submissions for marketing including application(s), necessary exhibit(s), narrative(s), collection of loss runs and answers to underwriting questions
- Submit applications to eligible and appropriate carriers and follow up to ensure timely receipt of quotations and policies.
- Perform other duties as may be required or assigned
- Bachelor's degree in a business-related program or equivalent experience in the insurance industry
- 3 years’ experience in commercial lines property & casualty account servicing preferred
- A valid resident Property & Casualty insurance license is required
- Proficiency in the use of Microsoft Office Suite
- Knowledge of, or the ability to learn, AMS360 and ImageRight
- Knowledge of insurance coverages and an ability to communicate this clearly to clients and underwriters
- Knowledge of insurance regulations, industry standards, and compliance best practices
- Understanding of commercial insurance underwriting, coverage & rate analysis
- Ability to multitask and juggle several responsibilities simultaneously while meeting deadlines
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Ability to work in a team environment, with a positive attitude, and willingness to help others.
- Able to work under pressure and time constraints in a fast-paced environment
- Salary: $70,000-$85,000 annually
- Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families
- 401K with employer matching
- PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time
- A casual office environment with a dedicated and professional team
- Hybrid opportunities in Berwyn, PA
- Remote opportunities in DE, FL, LA, NJ, PA, SC, TX
Salary : $70,000 - $85,000