Insurance Account Executive: Broker Support & Growth

RT Specialty; Chicago (IL); On-site; USD 54,000 - 60,000; Full time

Job summary

RT Specialty, a division of Ryan Specialty, seeks an Account Executive to assist the Broker team in executing trades, managing accounts, and ensuring regulatory compliance. You will work with internal teams, stay informed on market trends, and contribute to new business and renewal submissions.

The role requires at least 1 year in insurance and a Bachelor’s degree, with opportunities to develop client relationships, manage proposals, and support premium accounting tasks.

Qualifications

• Minimum 1 year of experience in the Insurance industry with a Bachelor’s degree.

Responsibilities

• Prepares accounts for new business and renewal process as directed by the broker, initiates renewal reviews to deliver optimal client coverage.
• Supports the broker in creating market submissions and quote cover letters for agents and reviews received documents for accuracy.
• Builds relationships with brokers and demonstrates understanding of brokerage operations to proactively support business needs.
• Collaborates with the broker to drive renewals and solicit new business through client referrals.
• Prepares new business strategies with brokers, including proposals and presentations for new client opportunities.
• Evaluates and mitigates risks associated with accounts and ensures compliance with regulations.
• Ensures data accuracy in internal systems and generates reports on performance and portfolio trends.

Skills

Insurance industry experience

Client relationships

Education

Bachelor’s degree

Job description

RT Specialty, a division of Ryan Specialty, seeks an Account Executive to assist the Broker team in executing trades, managing accounts, and ensuring regulatory compliance. You will work with internal teams, stay informed on market trends, and contribute to new business and renewal submissions.

The role requires at least 1 year in insurance and a Bachelor’s degree, with opportunities to develop client relationships, manage proposals, and support premium accounting tasks.