Account Manager, Private Equity

001 Brown & Brown, Inc; New York (NY); Hybrid; USD 85,000 - 115,000; Full time

Benefits offered by this job

Health Benefits

401k Plan

Student Loan Assistance

Tuition Reimbursement

Mental Health Resources

Paid Time Off

Job summary

Brown & Brown is seeking an Account Manager, Private Equity to join our growing team in New York. The Account Manager will serve as a trusted advisor to key client groups by providing strategic and consultative guidance on identified collaborative initiatives, assessment of potential risk profiles and conducting policy audits, proposals and renewals.

The ideal candidate will have 3-5 years' experience of Commercial Lines client management and a college degree.

Qualifications

• 3-5 years' experience of Commercial Lines client management experience.
• College degree preferred.
• Proficient in insurance agency management systems, AMS 360 and Work Smart preferred.
• Extensive knowledge of Commercial Lines underwriting, coverage, rate analysis/procedures & experience reporting.

Responsibilities

• Participating in the retention of renewal business.
• Interacting with producers to prepare specifications, applications, underwriting data and related information in the marketing of insurance products.
• Reviewing current policies and providing recommendations regarding placement options.
• Utilizing coverage checklists and a network of industry contacts to determine appropriate coverage and premiums.
• Assisting on document issuance, data entry, and coverage approvals on advertising, television, feature film, documentary, and special event liability insurance programs.
• Ensuring the client has continuous and proper coverage and advising the client of any recommendations within a mutually established timeline.
• Building and maintaining constructive and effective relationships with internal and external customers by meeting and exceeding expectations.
• Leveraging commercial entertainment insurance knowledge and expertise to actively service existing accounts and develop new business opportunities.
• Fostering an environment of personal accountability by managing appropriate system records of service, marketing, and policy communications with clients and carriers in AMS accordingly.
• Nurturing professional relationships through the facilitation of personal client meetings and consistent client contact.

Skills

Commercial Lines

AMS 360

Work Smart

Underwriting knowledge

Education

College degree preferred

Tools

AMS 360

Work Smart

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.

Brown & Brown is seeking an Account Manager, Private Equity to join our growing team!

The Account Manager will serve as a trusted advisor to key client groups by providing strategic and consultative guidance on identified collaborative initiatives, assessment of potential risk profiles and conducting policy audits, proposals and renewals. The ideal candidate will have demonstrated success in servicing key accounts while prioritizing and managing workflow to ensure efficient, timely and accurate delivery of key objectives. This position would operate within Brown & Brown’s Private Equity group, Krauter and Company. Krauter & Company is a full-service international insurance and benefits broker that has reengineered the brokerage model to ensure delivery of the best risk management solutions our industry can offer.

How You Will Contribute:

• Participating in the retention of renewal business.
• Interacting with producers to prepare specifications, applications, underwriting data and related information in the marketing of insurance products.
• Reviewing current policies and providing recommendations regarding placement options.
• Utilizing coverage checklists and a network of industry contacts to determine appropriate coverage and premiums.
• Assisting on document issuance, data entry, and coverage approvals on advertising, television, feature film, documentary, and special event liability insurance programs.
• Ensuring the client has continuous and proper coverage and advising the client of any recommendations within a mutually established timeline.
• Building and maintaining constructive and effective relationships with internal and external customers by meeting and exceeding expectations.
• Leveraging commercial entertainment insurance knowledge and expertise to actively service existing accounts and develop new business opportunities.
• Fostering an environment of personal accountability by managing appropriate system records of service, marketing, and policy communications with clients and carriers in AMS accordingly.
• Nurturing professional relationships through the facilitation of personal client meetings and consistent client contact.

Licenses & Certifications:

Valid State P&C brokers' license

Skills & Experience to be Successful:

• 3-5 years' experience of Commercial Lines client management experience.
• College degree preferred.
• Proficient in insurance agency management systems, AMS 360 and Work Smart preferred.
• Extensive knowledge of Commercial Lines underwriting, coverage, rate analysis/procedures & experience reporting.

Pay Range $100,000 - $100,000 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".

We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world's largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage.

We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater "WE"—never "me". While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.