Insurance Account Executive - Growth & Renewal Specialist

ryansg; United States; On-site; USD 64,000 - 80,000; Full time

Benefits offered by this job

Comprehensive benefits package

Paid time off for holidays/vacation/sx

Parental leave

Mental health services

Job summary

RT Specialty, a division of Ryan Specialty, seeks an Account Executive to assist the Broker team in executing trades, managing accounts, and navigating regulatory compliance. You will collaborate with internal teams, stay informed on market trends, and contribute strategic insights for client services.

The role includes preparing new business and renewal submissions, reviewing policy documents, and supporting client relations and reporting efforts.

Qualifications

• Minimum of 2 years of insurance industry experience combined with a Bachelor's degree.
• State Property & Casualty (P&C) and/or Surplus Lines License(s), as required by state regulations.
• Equivalent professional experience will also be considered.

Responsibilities

• Prepare accounts for new business and renewal processes as directed by the broker, initiating renewal reviews to help deliver optimal client coverage and support client retention strategies.
• Support the broker in developing market submissions and quote cover letters for agents, while reviewing received documents for accuracy and completeness.
• Build strong relationships with brokers and maintain an understanding of brokerage operations to proactively support business objectives.
• Collaborate with brokers to drive renewal opportunities and support new business efforts through client referrals.
• Assist in developing new business strategies with brokers, including proposals and presentations for prospective client opportunities.
• Evaluate and mitigate risks associated with accounts while ensuring compliance with industry regulations and internal policies.
• Maintain accurate data within internal systems, create thorough documentation, and perform responsibilities in accordance with established guidelines, quality standards, and service expectations.
• Generate reports on performance and key metrics, leveraging data and insights to identify portfolio trends and provide value-enhancing recommendations for the book of business.
• Partner with internal teams to ensure contractual obligations are met, resolve invoicing issues with Premium Accounting, and communicate cancellation notices as needed.

Skills

Insurance industry experience

Education

Bachelor's degree

Tools

State Property & Casualty License

Surplus Lines License

CISR

CIL

Job description

RT Specialty, a division of Ryan Specialty, seeks an Account Executive to assist the Broker team in executing trades, managing accounts, and navigating regulatory compliance. You will collaborate with internal teams, stay informed on market trends, and contribute strategic insights for client services.

The role includes preparing new business and renewal submissions, reviewing policy documents, and supporting client relations and reporting efforts.