Account Manager

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

Benefits offered by this job

Health Benefits

401k

Tuition Reimbursement

Paid Time Off

Job summary

Bridge Specialty Group in Oakbrook Terrace, IL is seeking an Account Manager to quote renewal business in a timely, professional, and accurate manner while growing revenues. You will interact with retail agency personnel to build positive relationships and retain policies upon expiration.

This role underwrites renewal business, reviews applications and loss data, and coordinates with brokers to issue quotes, binders, and policies promptly.

Qualifications

• Bachelor’s degree or equivalent industry experience is preferred.
• High School Diploma or GED is required.
• MS Office Suite proficiency.
• Excellent telephone demeanor and ability to maintain confidentiality.
• 2–3 years' experience in a similar Account Manager/Underwriter role preferred.

Responsibilities

• Process renewal property casualty business to grow revenues and retention.
• Underwrites renewal business by reviewing files, exposures, and loss history.
• Prepare and deliver quotes, binders, and policies; ensure timely issuance.
• Meet with retail agency customers to develop business and cultivate relationships.

Skills

MS Office Suite

Telephone demeanor

Confidentiality

Experience 2-3 years

Education

Bachelor’s degree or equivalent experience

High School Diploma or GED

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! The Account Manager quotes renewal business in a timely, efficient, professional, and accurate manner, all the while responsible for growing revenues. This position interacts with company and retail agent personnel in a diplomatic and knowledgeable manner in order to establish positive relationships, increase revenues, and retain policies upon expiration. In concert with other renewal business underwriters, is responsible for production and profitability results of the renewal business segment of the commercial department.

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.

Culture & Diversity

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”. At Bridge Specialty Group, our unwavering commitment to unity, diversity, and individual growth sets the stage for a workplace like no other. We believe in the power of One Team, where collaboration fuels unlimited possibilities. As One Team, we are anchored in the ‘Power of Be’, a core set of behaviors, skills, and characteristics we value most. It is part of our cultural DNA, influencing how we get stuff done every day and how we accomplish our goals, creating a link between what we do and how we do it. We are more than a global insurance wholesaler; we are a collective force of over 2,000+ teammates across 50+ locations throughout the United States and Europe. With 25+ specialized brands and access to 200+ carriers, we seamlessly connect the diverse needs of our retail partners in property, casualty, environmental, professional, workers' compensation, and personal lines. Together, we build trust, exceeding expectations. Our $5 billion+ premium book is a testament to our collaborative partnerships. Here, your uniqueness is celebrated, you are rewarded for your contributions, and we invest in your professional growth, offering tools, resources, and mentorship to support your career goals. You will be proud to be a part of a team that defines excellence and pushes the boundaries of what is possible. 'One Team, Unlimited Possibilities' is not just a slogan – it's the core of who we are.

Pay Range

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

• 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.