Senior Commercial Lines Account Manager New Reno, Nevada, United States

Foundation Risk Partners, Corp.

Reno, Northern (NV, KY)

On-site

USD 65,000 - 75,000

Full time

14 days+
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Job summary

Foundation Risk Partners in Reno, NV, is seeking a Commercial Lines Account Manager to join the Balsiger Insurance team. You will support P&C Producers, analyze coverage forms, and help manage client needs from submissions to endorsements.

The role requires a Bachelor's degree with insurance experience and a P&C license; strong communication, negotiation, and project management skills are essential to deliver accurate, timely service and grow client relationships.

Qualifications

  • Bachelor’s degree with a minimum of 2 years insurance experience.
  • Property, Casualty Producers License.
  • Ability to analyze complex insurance situations and communicate options clearly.

Responsibilities

  • Provide technical support to P&C Producers; manage client needs and analyze coverage forms.
  • Accompanies P&C Producers on client/prospect meetings as requested.
  • Complete client applications with Producers; submit to carriers and follow up for quotes, endorsements, policies.
  • Order and issue binders, certificates, policies, endorsements; verify accuracy; forward to client with appropriate correspondence.
  • Determine if direct, agency, or premium financing is appropriate and invoice accordingly.
  • Prepare summaries, schedules, and proposals as needed.
  • Process renewals with Producers; may lead renewal meetings with client and negotiate with carriers.
  • Review policy audits and facilitate corrections between client and carrier.
  • Process cancellations and communications; maintain financial equity with carriers when possible.
  • Identify exposure to loss and recommend coverage in coordination with Producers.
  • Prepare premium allocations for clients.

Skills

Insurance knowledge
Analytical thinking
Negotiation
Presentation skills
Leadership
Communication
Time management
Independence
Deadline management

Education

Bachelor's degree
Property & Casualty Producer License

Tools

AMS-360
Outlook
Excel
Word

Job description

Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Commercial Lines Account Manager to their Balsiger Insurance team in Reno, NV.

Essential Functions
  • Provide technical support to P&C Producers; specifically in managing client needs, analyzing coverage forms and quotations
  • Accompanies P&C Producers on client and prospect meetings as requested
  • Completes client applications in coordination with P&C Producers; submits applications to eligible and appropriate carriers; follows up to ensure timely receipt of quotations, endorsements, and policies
  • Orders and issues binders, certificates, policies, endorsements, and other related items; verifies their accuracy; forwards them to client with appropriate correspondence with the assistance of the Associate Account Consultant.
  • Determines if direct billing, agency billing or premium financing is appropriate and invoices accordingly
  • Prepares summaries of insurance, schedules and proposals as needed
  • Processes renewals in coordination with P&C Producers according to agency procedures. Occasionally takes lead in renewal meeting with the client, strategy determination, marketing and carrier negotiations.
  • Reviews audits of policies; verifies accuracy and facilitates corrections, as needed, between client and carrier
  • Verifies policy and policy change information, facilitating corrections when necessary
  • Processes incoming mail and phone requests, responding promptly and appropriately
  • Uses agency credit and collection policy in invoicing and pursuing prompt payments; request cancellations from the carrier according to agency standards
  • Determines reasons for requests for cancellations; acts to save accounts; notifies P&C Producers
  • Processes and following up on cancellation requests to carriers to ensure accurate and timely resolution; maintains agency in financial equity whenever possible
  • Identifies exposure to loss and recommends appropriate coverage in coordination with P&C Producers
  • Prepares premium allocations for clients as needed
Competencies and Qualifications
  • Ability to analyze complex insurance situations, needs and options and communicate these options both verbally and in writing in a clear, concise manner
  • Ability to understand written and oral communication and interpret abstract information.
  • Knowledge of insurance products and usages
  • Knowledge of insurance markets and reference to markets
  • Knowledge of insurance rating and underwriting procedures
  • Ability to carry out complex tasks with many concrete and abstract variables.
  • Strong computer skills with proficiency in Outlook, Excel, Word and AMS-360
  • Ability to direct others
  • Ability to work independently and take the lead on all elements of client servicing when necessary
  • Advanced negotiation and presentation skills
  • Ability to manage tight deadlines
Education and Experience
  • Bachelor’s degree with a minimum of 2 years insurance experience
  • Property, Casualty Producers License

This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.

Pay Transparency Range

$65,000 - $75,000 USD

Disclaimer

While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.

Equal Employment Opportunity (EEO)

FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.

FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!

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