Account Manager

Federated Insurance; Baxter (MN); On-site; USD 70,000 - 86,000; Full time

Job summary

Federated Insurance in Baxter, MN is seeking an organized Account Manager to support our sales team by placing and managing insurance exposures with brokers and carriers.

You will collect, evaluate, and submit exposures, negotiate terms, maintain client data, handle renewals, and advise on coverage and billing. A bachelor’s degree and at least two years of insurance experience are preferred.

Qualifications

• Bachelor’s degree or equivalent work experience.
• At least 2 years of insurance experience preferred.
• Property and Casualty license required.
• Strong negotiation skills with numerical aptitude.
• Excellent written and oral communication with customer focus.

Responsibilities

• Collect, evaluate, and submit insurance exposures for new, renewal, and specialty lines.
• Collaborate and negotiate terms and pricing with underwriters and brokers.
• Communicate with sales reps and clients on policy and coverage concerns, losses, premiums, claims, and audits.
• Maintain data in the management system and prepare required reports.
• Service accounts by handling renewals, policy changes, claims, endorsements, cancellations, certificates, and related tasks.
• Provide expertise on coverage, commissions, payment plans, and other agency operations.

Skills

Negotiation

Customer service

Microsoft Office

Data management

Communication

Education

Bachelor’s degree or equivalent work experience

Tools

Microsoft Office Suite

Job description

Account Manager

Location: Baxter, MN, US

Employment Type: OTHER

Who is Federated Insurance?

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.

Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our core principles and values. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

What Will You Do?

Are you an organized, detail-oriented professional with a passion for insurance? Take your career to the next level by joining our team as an Agency Marketer!

We are seeking a driven individual to assist our sales representatives in placing and managing insurance exposures with brokers and carriers. This role not only requires technical expertise but also thrives on excellent communication and negotiation skills to deliver exceptional service to our clients. Join our team and become part of a customer-focused organization that values expertise, adaptability, and teamwork.

Responsibilities:

• Collect, evaluate, and submit insurance exposures for new business, renewal business, and specialty lines.
• Collaborate and negotiate terms and pricing with underwriters and brokers.
• Communicate effectively with sales representatives and clients on policy and coverage concerns, such as losses, premiums, claims, and audits.
• Maintain accurate data in the management system and prepare required reports.
• Service accounts by handling renewals, policy changes, claims, endorsements, cancellations, certificates, and other related tasks.
• Provide expertise and serve as a resource for coverage, commissions, payment plans, and other agency operations.
• Obtain and maintain necessary licenses for performance in this role.

Minimum Requirements:

• Bachelor’s degree or equivalent work experience in customer service.
• A minimum of 2 years of insurance experience (preferred).
• Property and Casualty insurance license required.
• Strong negotiation skills with numerical aptitude.
• Proficiency in Microsoft Office Suite or related software.
• Ability to prioritize multitasking in a fast-paced environment.
• Excellent written and oral communication skills, with strong customer focus and decision-making abilities.
• Demonstrated ability to retain confidential information and quickly recall important details.

This position is based out of our Weizenegger-Engel Insurance office, located at 15616 Edgewood Dr N, Baxter, MN 56425. This office operates as a service location of Federated Insurance.

The pay range is $70,200 - $85,800 per year. Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information can be discussed with a member of the Recruiting team.

What We Offer

We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You.

Employment Practices

All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.

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