Account Executive, Cyber Risk

Socket.dev; Chicago (IL); On-site; USD 100,000 - 200,000; Full time

Benefits offered by this job

Annual Performance Bonus

Stock Purchase

Medical Plans

Dental

Vision

401(k)

Job summary

IMA Financial Group is seeking an experienced insurance professional to lead cyber risk placements and client engagements. You will manage CRS processes, prepare proposals, and collaborate with cross-functional teams to deliver top-tier coverage and client value.

The role emphasizes education, advocacy, and strategic thinking to drive growth and client satisfaction across SME and Mid-Market accounts. Travel may be required for presentations and client meetings.

Qualifications

• 3+ years of experience placing Cyber insurance.
• P&C license required.
• Bachelor’s degree or higher education preferred.
• Strong MS Office proficiency.

Responsibilities

• CRS engagement for new and renewal placements, including RFP participation.
• Assess client needs and exposures.
• Market, negotiate and place, prepare proposals, adhere to CRS/IMA workflows, maintain carrier relationships.
• Advocate for claims and defend client interests.
• Educate on Cyber Risk/Commercial E&O exposures, loss trends and risk transfer options.

Skills

MS Office proficiency

Client facing skills

Written and verbal communication

Independent planning

Problem solving

Education

Bachelor's degree

Tools

EPIC / Agency Management workflow

MS Office

Job description

ESSENTIAL JOB RESPONSIBILITIES include but are not limited to:

• Supports and demonstrates IMA’s core values
• Values and understands the importance of diversity, equity, and inclusion among all IMA associates
• Independently responsible for:
• CRS engagement for both new and renewal placements, including but not limited to:
• RFP participation
• Assessment of client needs and exposures
• Marketing, negotiation and placement, preparation of proposals, adherence to CRS / IMA retail workflows, carrier relationships, best in class coverage, client presentations
• Claims advocacy
• Education strategies & publications: provide internal associates (service and sales), prospects and external clients / policyholders sophisticated education and product deliverables about Cyber Risk / Commercial E&O exposures, loss trends, regulatory matters and risk transfer options
• As requested, participation in the ClientX Process – Internal Reviews, Business Reviews and various other stages / requests as needed
• As needed, Inter-division collaboration with Sales / Marketing, Communications, Business Consulting, Client Advantage – ERM and various other teams to drive organizational growth and client satisfaction
• Proficiency with EPIC / Agency Management workflow as well as other IMA organizational workflows / processes
• Responsible for supporting the placement and brokering of SME and Mid-Market accounts across the IMA enterprise, including management of an assigned book of business.
• In collaboration with the SME and Digital Strategy Leader, enhance IMA’s Cyber Digital Strategy and serve as a product expert for the IMA Cyber Portal across the IMA enterprise.

REQUIRED EXPERIENCE AND SKILLS include but are not limited to:

• 3+ years of experience placing Cyber insurance
• Four-year college degree required, higher education preferred
• P&C license required
• Expert MS Office products
• Superior written and verbal communication skills required
• Expert Client Facing Skills (ability to build confidence, articulate complex concepts, deliver challenging messages)
• Travel required as needed for RFP presentations, client presentations, internal / external networking
• Executes strategy through others to create alignment, a positive mindset and build capability in people and collaborate effectively with others
• Leads processes, understand the business, including its critical interdependencies, and the short and long-term trade-offs of decisions
• Demonstrates support for innovation and changes needed to improve organization efficiency
• Adapts to stressful situations
• Capacity and understanding of network security and privacy principles
• Ability to effectively plan and organize work independently
• Takes initiative to establish goals, create deliverables and ownership of any corporate / CRS strategies, initiatives or business needs
• Expresses oneself effectively both orally and in written form
• Ability to view situations or business scenarios in an objective manner and offer solutions accordingly
• Use different problem solving / conflict resolution / critical thinking strategies to assist clients with insurance related decisions or challenges

COMPETENCIES & TRAITS:

• Professionalism
• Business Acumen
• Agility/Flexibility
• Problem Solving
• Intellectual curiosity

Salary Range $100,000 — $200,000 USD

Compensation & Benefits Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

• Annual Performance Bonus
• Stock Purchase
• Medical Plans
• Prescription Drugs
• Dental
• Vision
• Family Assistance Program
• FSA
• HSA
• Pre-Tax Parking Plan
• 401(k)
• Life/AD&D
• Accident
• Critical Illness
• Hospital Indemnity
• Long Term Care
• Short-term Disability
• Long-term Disability
• Business Travel Accident
• Identity Theft
• Paid Time Off
• Flexible Work Options
• Paid Holidays
• Sabbatical
• Gift Matching
• Well-Being Stipend
• Personal and Professional Development.

*These benefits do not apply to internship roles.

Why Join IMA?

We’ve built a reputation for putting our associates first What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It’s this unique ownership business model that makes working at IMA so appealing. We work in teams. We sell in teams. We win and prosper as a team We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we’re big enough to write business all over the world and small enough to implement your ideas quickly. We are recognized nationally as a leader in our industry

Industry Awards & Recognitions

• 2020-2023 Business Insurance Magazine Best Places to Work in Insurance
• 2023 Inc. Magazine’s Best Workplaces
• 2023 Denver Business Journal’s Best Places to Work
• 2022-2023 Connecticut Top Work Places
• 2021-2023 Inc. 5000’s List of Fastest Growing Companies
• 2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies
• 2022-2023 Kansas City Business Journal’s Best Places to Work
• 2021-2023 Charlotte Business Journal’s Best Places to Work
• 2021-2023 Los Angeles Business Journal’s Best Places to Work
• 2021-2023 The Salt Lake City Tribune Top Work Places
• 2021-2022 Puget Sound Business Journal’s Washington’s Best Workplaces
• 2021-2022 Wichita Business Journal’s Best Places to Work, #1 in extra-large category
• 2021 Dallas Business Journal’s Best Places to Work
• 2021 Alaska Journal of Commerce’s Best Workplaces in Alaska

This Job Description is not a complete statement of all duties and responsibilities comprising this position. The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.

In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.