Commercial Lines Insurance Account Manager

BancFirst Insurance Services, Inc.; Oklahoma City (OK); On-site; USD 52,000 - 66,000; Full time

Benefits offered by this job

Paid Time Off (PTO)

Health Insurance

Dental Insurance

Vision Insurance

Mon-Fri Schedule

Hands on Training

Parental Leave

Disability Insurance

Life Insurance

Career Growth Opportunities

Retirement Plan

Job summary

BancFirst Insurance Services, Inc. is hiring a Full-Time Commercial Lines Insurance Account Manager in Oklahoma City. The role handles renewals, new business, and policy endorsements with a focus on accuracy and client service.

Requirements include an active insurance license (CISR in progress is OK) and 1–2 years’ experience as a Processor/Assistant Account Manager. Strong communication and organizational skills are essential.

Qualifications

• Current insurance license and CISR designation in progress or held.
• 1–2 years of experience as a Processor or Assistant Account Manager.
• High School education required; college degree preferred or equivalent experience.
• Good knowledge of Commercial Property/Casualty coverages.
• Proficient with Word and Excel; able to operate typical office equipment.

Responsibilities

• Renewal and new business tasks, including preparing submissions and reviewing quotes.
• Coordinate with producers to market accounts and obtain exposure updates.
• Process policy changes, endorsements, and issue renewal certificates.
• Review coverage, make recommendations, and bind coverage with carriers.
• Maintain accurate agency records and assist in claims support as needed.

Skills

Negotiation skills

Verbal and written communication

Organizational skills

Time management

Interpersonal skills

Education

Insurance license / CISR certification in progress

High School diploma; college degree preferred

Tools

Microsoft Word

Microsoft Excel

Job description

Job Description

Let’s chat about a career in the insurance industry!

If you are looking for your next career opportunity, there is no need to look any further. BancFirst Insurance Services is looking to add a Full-Time Commercial Lines Insurance Account Manager to join our team.

We are an independent insurance agency with multiple branch locations that are uniquely positioned to provide all the benefits of a large corporation while maintaining a small company atmosphere and relaxed work environment.

Our mission is to provide the best risk management service to our customers by attracting and retaining the very best talent in the industry. You'll be using your professional demeanor, courteous approach, and excellent communication skills to deliver a superior experience for every customer you engage with.

Benefits

• Paid Time Off (PTO)
• Health Insurance
• Dental Insurance
• Vision Insurance
• Mon-Fri Schedule
• Hands on Training
• Parental Leave
• Disability Insurance
• Life Insurance
• Career Growth Opportunities
• Retirement Plan

Responsibilities

Renewal & New Business

• May initiate or attend meetings with the producer(s) to discuss marketing plans for accounts that expire up to 120 days in advance.
• On accounts where requested, reviews expiring exposure and requests exposure updates from the clients; on new business enters completed applications in EPIC provided by the producer.
• In coordination with the producer prepares and sends out submissions to markets and/or quote products on-line.
• Analyzes customers insurance needs and compares insurance packages considering risk and price of coverage.
• Authority to execute and bind the Agency and its customers to insurance and finance contracts.
• Review quotes, make recommendations, and verify that coverages are as desired and prepare proposal;
• Bind Coverage with carrier prior to expiration; invoice all accounts within the month they are incepted;
• Ensure Auto IDs are issued in advance of renewal.
• Prepare and issue renewal certificates.
• Process automatic renewals from companies in advance of expiration;
• Work with Processor/Assistant to prepare policies to send being sure to check work prepared;
• Prepare summaries and complete policy checks.

Accounting/Audits

• Responsible for resolving accounting discrepancies to producers and clients.
• Works with producer(s) to manage accounts receivable; paying particular attention to balances over 90 days old.

General

• Requests and tracks the processing of policy changes and endorsements; works with Processor in execution of this process
• Ensures the accuracy of information in the Agency Management System;
• Issues certificates within 24 hours and Auto ID Cards
• Orders Loss Runs when necessary; works with claims adjuster to assist in handling of claims as needed.
• Responsible for the accuracy of work given to Processor/Assistant.
• Processes endorsements w/ assistance from Processor/Assistant.
• Maintains positive and professional working relationships with clients, carriers and other employees in the office.

Requirements

• Current insurance license and should be working toward or hold the CISR designation
• Typically have spent 1 to 2 years as a Processor and/or Assistant Account Manager
• High School education required with college degree preferred or equivalent experience &/or education
• Good working knowledge of Commercial Property/Casualty coverages.
• Ability to work with computer technology including use of Word and Excel or other relevant programs.
• Ability to operate computers and general office equipment
• Aptitude for accuracy in mathematical calculations
• Demonstrates professional tactful negotiation and persuasion skills to achieve objectives.
• Organizational and Time Management skills to prioritize workloads and meet deadlines.
• Verbal, written and interpersonal skills to interact with associates at all levels of responsibility.