Account Executive
- Location:Chicago
- State:IL
- Salary:$100K+
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- Job Types:
- Bus Dev
Job Description
The Account Executive is responsible for managing and growing an assigned book of business through account rounding and cross selling opportunities. The Account Executive is responsible for maintaining strong relationships with the Clients. The Account Executive Monitors insurance and risk management needs, recommending appropriate coverage, securing renewals, including identifying appropriate insurance markets, negotiating binding and placing coverage. May identify, solicit, and develop new pieces of business with existing Clients, or develop new business opportunities. Responsible for documentation, record keeping, and Client Service Plans in accordance with Client’s quality standards. Manage his/her own budget within expense guidelines. Ensure service from all divisions is completed. Work with the Producer to design individual Client / Prospect risk management programs. Direct Reports: NoneRelationships:Internal - o Producerso CMS Team Memberso Accounting/ administrative personnelo Client Service Team Memberso AuditRate Team Memberso Employee Benefitso Personal Lineso Financial ServicesExternal - o Insurance companieso Clients and Prospects ESSENTIAL FUNCTIONS: (Duties which must be performed by anyone in this position)Manage and service a book of assigned accounts.Provide Risk Management advice including coverage recommendations, loss mitigation and financing alternatives for Prospects and Clients.Manage the renewal process including all pre-renewal activities Fact Finder, Exposure & Coverage Analysis, Named Insured List, and coverage and pricing negotiations.Identify all exposures to loss inherent to individual Client / Prospect operations. Provide Client service and answer Client policy and coverage questions.Establish multiple points of relationships with our Clients.Provide monthly reporting of Client and carrier information as required. Interpret carrier financial ...
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