Account Manager III - Commercial Insurance

ООО «ХАГЕМАЕР ГРУПП»; Honolulu (HI); On-site; USD 65,000 - 120,000; Full time

Benefits offered by this job

Health benefits

401K savings plan

Tuition assistance

Employee assistance program

Job summary

ХАГЕМАЕР ГРУПП is seeking an experienced underwriter to assess and place commercial lines accounts, handling new and renewal business in line with company policies. The role requires collaboration with agents, knowledge of coverage forms and efficient use of the agency management system.

The candidate should have 3–5 years of related experience, a valid license, and possess strong communication, negotiation, and analytical skills to adapt to changing market conditions.

Qualifications

• High school diploma or GED; college degree highly desired.
• Minimum 3–5 years of related experience.
• Producer Licensing required; CPCU/CIC or similar designations preferred.

Responsibilities

• Underwrite and market new and renewal commercial lines accounts in accordance with agency policies.
• Assist agents with coverage options, forms and rate quotations.
• Interpret coverage forms and analyze new business applications.
• Analyze renewals and coordinate with agents for additional information.
• Update renewal information and enter data into the agency management system.
• Prepare renewal proposals and submit required reports on time.
• Maintain client files and perform client contacts as needed.
• Stay updated on rates, forms and coverage changes via carriers' bulletins.

Skills

Underwriting knowledge

Communication skills

Negotiation & sales

Time management

Detail oriented

Microsoft Office

Agency management system

Education

Bachelor's degree preferred

Tools

Agency management system

Microsoft Office

Job description

Job Summary

Minimum book size:Premium: $5,000,000Revenue: $ 500,000Policy count: 350Underwrite and market new and renewal commercial lines accounts in accordance with agency's policies and procedures. Provide assistance and support in placing, maintaining, expanding and servicing accounts. Must be able to work under minimal supervision.

Duties & Responsibilities

• Manage medium to large general industry and construction risks including Owner Controlled Insurance Program (OCIP) projects.
• Recommend and assist agents with explanation of available coverage options, completion of forms and rate quotations.
• Must have knowledge of coverages and be able to interpret coverage forms.
• Analyze new business applications, make recommendations and work with agent to obtain any required additional information.
• Analyze renewals and/or renewal applications, make recommendations and work with the agent to obtain any required additional information.
• Update renewal information and endorsement changes and enter information into agency management system as required by the agency's standards.
• Review monthly expiration lists and initiate the renewal process based on the department's standards.
• Initiate pre-billing of automatic renewals per agency procedures.
• Handle requests from agents and clients that pertain to insurance placements, such as certificates of insurance, endorsements, auto I.D. cards, etc.
• Generate new and renewal proposals as outlined by the Proposal Guidelines.
• Submit required reports in a timely manner.
• Maintain client files and make client contacts as needed.
• Keep up-to-date on rates, forms and coverage changes through bulletins and circulars from insurance carriers and through the utilization of online resources.
• Assist other team members as needed to meet agency, team, and individual goals.
• Be a team player.
• Effectively understand the marketplace and changing market conditions.
• Effectively market accounts.
• Adhere to and comply with established agency procedures.
• Adhere to standards of performance for service.
• Participate in seminars and classes for knowledge and professional development.
• OtherPossess a positive, service-oriented attitude towards agents, clients, insureds, and employees within the company.
• Perform other duties as assigned.
• Adhere to the company's Attendance Management Policy.

Qualifications

High school diploma or general education degree (GED) required; college degree highly desired.Minimum 3 to 5 years related experience and/or training.Successful completion of educational seminars and classes required.Equivalent combination of education, training or related work experience will be considered.Certificates, Licenses, RegistrationsProducer Licensing required.CPCU, CIC or other Property/Casualty designations preferred.

Knowledge, Skills & Abilities

Basic knowledge of multi-line risk underwriting. Demonstrate basic understanding of the industry, market conditions, and a broad knowledge of principal laws and regulations. Basic knowledge of financial analysis.Strong oral and written communication skills.Good negotiation, presentation, and sales skills.Possess a positive attitude, rationality, and tactfulness.Proficient with PC navigation and Microsoft Office based software applications.Demonstrate knowledge of and skill in the following:customer servicemathematical, analytical, and varying levels of financial analysisinterpersonal and relationship buildingtime management, organization, and prioritizationproblem solving and decision makingdetail and results oriented.

Working Conditions

Regularly required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.Occasionally required to climb or balance and stoop, kneel, and crouch. Frequently may lift and/or move up to 10 pounds and occasionally up to 25 pounds. Specific vision abilities include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.Noise level in the work environment is usually moderate.

The applicable base salary range for this role is $64,700 to $120,400.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.