Senior Account Manager, Ultra High Net Worth Private Client

foundationriskpartners; Teaneck Township (NJ); Vor Ort; USD 115.000 - 125.000; Vollzeit

Zusammenfassung

Foundation Risk Partners, a leading insurance brokerage and consulting firm, seeks a Senior Account Manager for Ultra High Net Worth Private Client in the NY Metro region. You will manage high-net-worth portfolios, perform in-depth risk reviews, and drive renewal strategies and market negotiations.

The role requires extensive HNW/UHNW experience, strong client-facing skills, and coordination with trusted advisors and family offices.

Qualifikationen

• 8+ years of personal lines insurance experience with a focus on HNW/UHNW Private Client accounts.
• Strong technical knowledge of personal property and casualty coverage and ability to analyze complex policy language.
• Polished written and verbal communication skills with UHNW clients and advisors.
• License(s) for applicable insurance lines.
• Experience with coordinating multi-policy programs and carrier negotiations.

Aufgaben

• Manage all aspects of the client relationship and ongoing service for a portfolio of HNW/UHNW Private Client accounts.
• Conduct comprehensive annual exposure, coverage and limit reviews and update risk profiles.
• Lead renewal strategy and remarketing, including underwriting submissions and negotiations.
• Evaluate policies, limits, deductibles and exclusions; communicate recommendations to clients and advisors.
• Coordinate complex multi-policy programs across residences, autos, collections, vessels and specialty exposures.
• Provide proactive claims counseling and advocacy, coordinating with carrier claims professionals.
• Handle day-to-day service needs including coverage changes, billing questions and evidence of insurance.
• Identify opportunities to enhance client programs with higher limits and better terms.
• Maintain relationships with underwriters and carrier partners for coordinated service.
• Collaborate with producers and family offices to deliver high-touch client experience.

Kenntnisse

UHNW Private Client experience

8+ years personal lines insurance

Licenses (insurance)

Client-facing communication

Applied Systems

Microsoft Office proficiency

Tools

Applied Systems

Microsoft Office

Jobbeschreibung

Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Senior Account Manager - Ultra High Net Worth Private Client to their MSG team in New York Metro Region.

Job Summary

The Senior Account Manager is a senior, client-facing member of our Private Client practice, responsible for managing sophisticated personal insurance and risk-management programs for high-net-worth and ultra-high-net-worth individuals and families. The position combines exceptional client service with technical coverage expertise, proactive risk identification, renewal strategy, market negotiation and claims advocacy.

The successful candidate will be comfortable serving discerning clients with complex assets and exposures and collaborating with family offices and trusted advisors. This is not a transactional service role. We are looking for an experienced insurance professional who can anticipate issues, think strategically and serve as a trusted resource to clients throughout the relationship.

Essential Functions

• Manage all aspects of the client relationship and ongoing service for a portfolio of HNW and UHNW Private Client accounts.


• Conduct comprehensive annual exposure, coverage and limit reviews, identifying changes in the client's assets, lifestyle and risk profile.


• Develop renewal strategy and lead remarketing when appropriate, including preparation of underwriting submissions and negotiation with incumbent and alternative Private Client markets.


• Evaluate policy forms, coverage terms, limits, deductibles, exclusions and enhancement opportunities, and communicate recommendations clearly to clients and their advisors.


• Coordinate complex, multi-policy personal insurance programs that may include multiple residences, automobiles, valuable collections, watercraft, excess liability and specialty exposures.


• Provide proactive claims counseling and advocacy, helping clients navigate the claim process and coordinating with carrier claims professionals and other advisors as appropriate.


• Handle sophisticated day-to-day service needs accurately and responsively, including coverage changes, evidence of insurance, billing questions and other policy matters.


• Identify opportunities to strengthen client programs through additional coverage, higher limits, improved policy terms or alternative risk-management solutions.


• Maintain strong working relationships with Private Client underwriters and carrier partners and represent the client effectively in underwriting and coverage discussions.


• Partner closely with producers, internal team members, family offices and outside advisors to deliver a coordinated high-touch client experience.

Competencies & Qualifications

• 8+ years of personal lines insurance experience, with a meaningful concentration in HNW/UHNW Private Client account management.


• Current applicable insurance license(s).


• Strong technical knowledge of personal property and casualty coverage and the ability to analyze complex policy language and coverage structures.


• Polished written and verbal communication skills and confidence interacting directly with UHNW clients, family offices, wealth managers, attorneys, accountants and business managers.


• Excellent judgment, organization, follow-through and attention to detail in a high-touch, fast-moving environment.


• Ability to work collaboratively across account management, production, claims and carrier relationships.


• Experience with Applied Systems and strong proficiency with Microsoft Office applications preferred.


• Sports & Entertainment Private Client experience is helpful but not required.

Education & Experience

• Demonstrated experience with high-value and multiple residences, including coastal and catastrophe-exposed properties.


• Experience with California wildfire/brush and earthquake exposures.


• Knowledge of fine art, jewelry and other valuable collections; exotic and collector automobiles; yacht/watercraft; personal umbrella/excess liability; and builder's risk/course of construction.


• Strong experience with leading Private Client carriers, particularly Chubb, PURE and AIG, with additional high-value-home market experience beneficial.

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

$115,000 - $125,000 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 regardless of race, color, sex, religion, national origin, age, sexual orient