Account Manager

Brown & Brown; Oakbrook Terrace (IL); On-site; USD 55,000 - 65,000; Full time

Benefits offered by this job

Health Benefits

401k plan and financial support

Mental health & wellness resources

Paid time off & holidays

Job summary

Bridge Specialty Group in Oakbrook Terrace, IL is seeking an Account Manager to join our growing team. You will process renewal property casualty business, underwrite risks, and ensure timely issuance of policies while maintaining profitability.

You will meet with retail agency customers, analyze submissions, and support underwriting decisions. The role requires a Property Casualty license (preferred), a bachelor’s degree or equivalent experience, and proficiency with MS Office.

Qualifications

• Bachelor’s degree or equivalent industry experience.
• High School Diploma or GED.
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.
• 2 - 3 years' experience in a similar position.

Responsibilities

• Process renewal property casualty business in a timely and efficient manner to grow revenues and maintain retention and profitability.
• Underwrites renewal business by reviewing insured’s files, producing agency experience, nature and frequency of losses and prior carrier loss experience.
• Ensure that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
• Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
• Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business. Foster and improve relationships with other departments, producers, companies, and competitors.
• Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; be responsible for your underwriting results.
• Service and perpetuate existing businesses and have a keen awareness of priorities.
• Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.

Skills

Exceptional telephone demeanor

Confidentiality awareness

2-3 years experience

Education

Bachelor’s Degree or equivalent

High School Diploma or GED

Tools

MS Office Suite

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Bridge Specialty Group is seeking an Account Manager to join our growing team in Oakbrook Terrace, IL!

How You Will Contribute:

• Process renewal property casualty business in a timely and efficient manner to grow revenues and maintain retention and profitability.
• Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property. Requests additional information, if necessary, and accepts or rejects risks in conformance with company guidelines.
• Underwrites renewal business by reviewing insured’s files, producing agency experience, nature and frequency of losses and prior carrier loss experience.
• Ensure that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
• Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
• Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business. Foster and improve relationships with other departments, producers, companies, and competitors.
• Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; be responsible for your underwriting results.
• Service and perpetuate existing businesses and have a keen awareness of priorities.
• Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.

Licenses and Certifications:

• Active Property Casualty License or successfully complete Property Casualty licensing requirements within 90-days of hire-date (preferred).

Skills & Experience to Be Successful:

• Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience. (preferred)
• Minimum education required High School Diploma or GED.
• Proficient with MS Office Suite.
• Exceptional telephone demeanor.
• Ability to maintain a high level of confidentiality.
• 2 - 3 years' experience in a similar position (preferred).

About Us:

Bridge Specialty Group creates a seamless way to connect the varying needs of our retail partners with the market clout and talents of our wholesale entities. Our more than 25 niche-focused brands reflect our deep experience and specialization in construction, general casualty, environmental liability, professional liability, health care, public entity, workers’ comp, property and personal lines.

With more than 50 locations and more than 2,000 team members throughout the United States and Europe, Bridge has access to more than 200 standard and excess & surplus lines carriers that support our $7+ billion premium book.

Our focus is on bringing the power of collective size and specialty to the wholesale brokerage marketplace. Bridge Specialty Group – aligning risk with greater reach.

Pay Range

$55,000 - $65,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.