Private Client Account Executive

Personal Risk Management Solutions; New York (NY); Hybrid; USD 90,000 - 110,000; Full time

Job summary

Personal Risk Management Solutions in New York is seeking a Private Client Account Executive to be the lead contact for high net worth clients and families. You will build long-term relationships, coordinating with family offices, wealth advisors, and responding to client questions while ensuring excellent service within a collaborative team.

You will actively participate in client communications, visiting with clients, and supporting a range of account activities from quotes to policy placement

Qualifications

• Bachelor's degree required; three years minimum related experience.
• Property & Casualty license required or able to obtain.
• Knowledge of personal insurance products offered through major carriers.
• Strong client service orientation with attention to detail.
• Proficiency in Microsoft Office Suite.

Responsibilities

• Act as insurance advisor for clients; make recommendations best suited for personal needs.
• Negotiate with underwriters to implement best possible solutions.
• Obtain quotes and create proposals to formulate a comprehensive insurance program.
• Determine strategic placement of new clients through analysis of current insurance program.
• Discuss claims with clients and manage the claims process until conclusion.

Skills

Client service

Communication

Organizational skills

Independent worker

Adaptability

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Position: Private Client Account Executive

Department: Personal Risk Management

Employment Status: Full-Time, Remote Optional

Office Location: 22 Vanderbilt New York, NY

About Us

Personal Risk Management Solutions is a boutique personal insurance brokerage focused on the unique needs of successful individuals and families. We are currently seeking motivated and detail-oriented Private Client Account Executives to join our dynamic team. This role is essential in providing comprehensive support to clients, ensuring a high level of customer service and is an integral part of our service team, which is well known for being among the best in the business.

Job Summary

This role is a lead contact for our high net worth clients and their families and will involve building positive and impressive long-term relationships. Key responsibilities include communicating with and visiting with clients, family offices, wealth advisors and responding to their questions, proactively contacting them for necessary follow-ups. As a Private Client Account Executive, you will be responsible for a variety of client focused tasks and will be an integral part of a team who services our client accounts, ensuring customer satisfaction throughout the process. This is an excellent opportunity for someone looking for a growth opportunity within the insurance industry while gaining valuable experience in a supportive and collaborative environment.

Key Responsibilities and Duties

• Act as an insurance advisor to clients; make recommendations and suggestions best suited for their personal needs.
• Negotiate with underwriters by utilizing comprehensive, creative thinking to implement best possible solutions, using knowledge of current markets and insurance products available.
• Obtain quotes and create proposals to formulate a comprehensive insurance program once carrier negotiations are complete.
• Determine strategic placement of new clients through analysis of current insurance program.
• Discuss claims with clients and manage the claims process until conclusion. Ensure that clients are extremely satisfied with the outcome.
• Drive renewal process by analysis of client's insurance program and marketplace opportunities.

Basic Responsibilities

• Respond promptly to incoming calls, and e-mails
• Comply with company policies, practices and procedures
• Attend meetings and prepare follow-up as needed
• Set goals, prioritize and execute duties of the position
• Manage documents, files and electronic information in an organized, efficient and secure manner
• Perform quality and quantity duties as expected for position
• Complete company required training courses as assigned

Qualifications

• Bachelor's degree (B.A.) from four year college or university; or
• Three years minimum related experience and/or training.
• Property & Casualty license
• Knowledge of personal insurance products offered through Chubb, Berkley One, Pure, Cincinnati and Private Client Select.
• * A "people person" with superior client service orientation and attention to detail.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
• Strong organizational skills with the ability to manage multiple tasks and priorities.
• Adaptability to a changing environment
• Excellent written and verbal communication skills.
• Professional demeanor with a customer-focused attitude.
• Ability to work independently in a fast-paced environment, as well as part of a team.

New York pay range

$90,000—$110,000 USD