Commercial Lines Account Executive

Foundation Risk Partners; Town of Hyde Park (NY); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

401k match

Life insurance

PTO

Holidays

Job summary

Foundation Risk Partners is seeking an Assistant Account Executive - Commercial Lines to join its growing team in the New York area. The role collaborates with Producers and Account Executives to deliver high-quality service to clients by phone, email, and in person.

Responsibilities include supporting renewal prep, endorsements, certificate processing, claim reporting assistance, and handling various account operations. A strong client-first attitude and attention to detail are essential.

Qualifications

• Minimum of 5 years related experience in the insurance industry.
• Knowledge of Applied Epic highly preferred.
• High school diploma, college degree preferred.
• Property & Casualty License

Responsibilities

• Provides daily administrative support to designated Producers and Account Executives and existing clients.
• Process Endorsement requests, certificates of insurance, Evidence of insurance, Cancellation Processing as well as support duties.
• Assists clients with the reporting of claims and updates on status to staff.
• Processes and follows up on operations for new/existing accounts, risk management, marketing support, and order entry.
• Ensures timely and accurate execution of transactions and documentation.

Skills

Insurance analysis

Verbal & written comms

multitasking

Independent work

Team collaboration

Attention to detail

MS Office

Education

High School Diploma

College degree preferred

Property & Casualty License

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding an Assistant Account Executive - Commercial Lines to their growing team!

Job Summary

Collaborates with the team to consistently deliver high-quality customer service and ensures service standards including execution, delivery and retention are achieved. Provide efficient, professional, and courteous service to clients, by phone, in writing and in person.

The role is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience.

Essential Functions

• Provides daily administrative support to designated Producers and Account Executives and existing clients. Support includes but is not limited to gathering and preparing renewal information such as loss runs, drivers lists, experience mod worksheets for the Producer and Account Executive
• Process Endorsement requests, certificates of insurance, Evidence of insurance, Cancellation Processing as well as support duties as assigned by the Account Executive, Producer and or Manager of Service
• Assists clients with the reporting of claims, maintain contact during the settlement process of the claim and updating applicable production staff as to the status of the claims
• Processes and follow-up operations duties linked to new/existing accounts, risk management, marketing support, order entry etc.
• Ensures that all assigned transactions are executed in a timely and accurate manner, and that all documentation is maintained to standards
• Occasional contact with clients to ensure that they are informed about insurance
• Educates and coaches business partners on insurance products, compliance, and operational duties.
• Invoice all applicable accounts, and process premiums when required.
• Maintain current files and prepare policy renewal questionnaires, recommending coverage enhancements to the Account Executive
• Work expiration lists prior to renewal for customer contact and improved retention.
• Perform agency system client updates and input into system according to department procedures.

Competencies & Qualifications

• Ability to analyze complex insurance situations, needs and options and communicate theseoptions both verbally and in writing in a clear, concise manner
• Must be able to work independently with limited supervision
• Must be able to prioritize and effectively manage multiple tasks at once
• Intermediate computer skills with demonstrated knowledge of Microsoft Word, Excel, and PowerPoint
• Strong verbal and written communication and negotiation skills
• Ability to deal with problems involving clients and staff, as well as vendors
• Ability to demonstrate attention to detail with high degree of accuracy
• Ability to multitask and prioritize a variety of activities
• Ability to demonstrate a “client first” attitude
• Ability to work on a team effectively

Education & Experience

• Minimum of 5 years related experience in the insurance industry
• Knowledge of Applied Epic highly preferred
• High school diploma, college degree preferred
• Property & Casualty License

This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.

Pay Transparency Range

$75,000 - $85,000 USD

Disclaimer

While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.

Equal Employment Opportunity (EEO)

FRP provides equal employment opportunity to qualified persons regarding race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.

Benefits

FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!