Commercial Lines Account Manager
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Job Description
Commercial Lines Account Manager serving complex commercial insurance clients for a growing brokerage. Managing renewals, carrier negotiations, policy accuracy, and client relationships.
Responsibilities:
- Develop strong relationships with Commercial Lines Insurance clients and insurance company underwriters
- Support large and complex commercial lines clients
- Review insurance applications, policies, endorsements, cancellations, and audits for accuracy
- Maintain detailed documentation for all client transactions
- Investigate significant client matters using independent judgment and discretion
- Manage and facilitate the full renewal process for assigned clients
- Prepare applications for insurance carriers
- Negotiate with underwriters
- Review and compare insurance carrier quotes
- Prepare proposals for clients
- Assist the Sales Executive in identifying new business opportunities
- Add new lines of coverage and recommend value-added services
- Request referrals and cultivate relationships with new customers
- May supervise, lead, or mentor Account Managers and/or Account Assistants
Requirements:
- Active Property & Casualty Insurance License as required by respective state, or ability to obtain one within 60 days from date of hire
- Knowledge of commercial insurance coverage
- Minimum 2 years’ Commercial Lines middle market account management experience with a broker
- Strong attention to detail and accuracy
- Ability to work with specific deadlines
- Skilled in producing strong written and verbal communication
- Must be near an LP branch office
- Bachelor’s Degree in Business, Risk Management, Insurance, or related field preferred but not required
Benefits:
- 401k Plans – with employer match, 100% vested after two years of service
- Medical, Dental, and Vision plans
- Short-Term and Long-Term Disability
- Group Life Insurance – at no cost to you
- Paid Time Off – Take the time off you need, without worrying about accruals
- Employee Assistance Program – including free counseling, legal advice, and more
- Stability and flexibility
- Growth opportunities
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