Commercial Lines Account Executive

Brown & Brown; Miami (FL); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Student loan assistance

Tuition assistance

Disability insurance

Job summary

A leading insurance firm is seeking a Commercial Lines Account Executive in Miami, FL. The role involves managing client accounts, building relationships, and ensuring compliance with insurance requirements. Candidates should have a college degree in a business-related field and experience in account management. Comprehensive insurance benefits including medical, vision, and tuition assistance are offered.

Qualifications

• 2-3 years of related experience in account management or insurance.
• Insurance Producer license in good standing or ability to obtain within 90 days.

Responsibilities

• Manage day-to-day account management for assigned clients.
• Build relationships with clients to improve retention.
• Consult leadership on coverage gaps.

Skills

Knowledge of insurance coverages

Proficient in Microsoft Office

Client relationship management

Analytical skills

Education

College Degree in a business-related field

Job description

Enterprise Talent Acquisition Leader @ Brown & Brown Insurance

Brown & Brown is seeking a Commercial Lines Account Executive to join our growing team in Miami, FL!

How You Will Contribute:

• Responsible for the day-to-day account management of an assigned book of business, including but not limited to processing policies/endorsements, invoicing, issuance of certificates of insurance, claims reporting and follow up as needed, premium breakdowns, auto ID cards, policy changes, review of policy forms, providing coverage comparisons, loss analysis and responding to coverage questions.
• Build courteous and successful relationships with clients, vendors and carriers to improve client retention.
• Identify gaps in coverage and consult leadership or producer of options to advise the client.
• Manage the renewal process for all assigned and prospective clients with the producer including ordering updated loss information, obtaining updated information, handling renewal applications, renewal marketing, account rounding, reviewing and negotiating the renewal pricing as well as preparing the renewal proposal, and binders.
• Manage the review of internal compliance and client disclosure requirements, policies, endorsements and certificates to ensure alignment with client expectations and legal requirements.
• Assist in growing the assigned book of business through account rounding and referrals.
• Support marketing and sales teams as needed.
• Document renewal, sales, and insurance operations compliance documents into the sales management database.
• Promote teamwork, support, knowledge sharing and a positive attitude in the department and office.
• Promote a commitment to achieve or exceed internal and external performance standards.
• Participate in training opportunities to remain current on industry information, new product development, legislation, coverages, and technology including professional development and continuing education required for valid licensing.

Licenses and Certifications:

• Insurance Producer license in good standing (authorities in states needed to service the assigned book of business) or ability to obtain such within 90 days of hire.
• Professional Designation specific to area of specialty (ie, ARM, CIC, RPLU) (Preferred)

Skills & Experience to Be Successful:

• College Degree in a business-related field. (Preferred)
• Knowledge of insurance coverages, contracts, and state regulations where business is conducted.
• Proficient knowledge in Microsoft Windows environment, including but not limited to Word, Excel, Power Point, and Publisher. Able to create, edit, and merge letters, spreadsheets, labels, etc.
• Proficient knowledge of the use of office equipment (including but not limited to copy machines, printers, faxes, binding machine, etc.)
• 2-3 years’ related experience

Seniority Level: Associate

Employment Type: Full-time

Job Function: Business Development

Industries: Insurance

Medical insurance

Vision insurance

401(k)

Student loan assistance

Tuition assistance

Disability insurance