drjobs Senior Account Executive - Private Equity

Senior Account Executive - Private Equity

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

$ 120000 - 145000

Vacancy

1 Vacancy

Job Description

HUB International Limited (HUB) is the 5th largest global insurance broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services. With over 19000 employees in 750 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions.

Our vertically integrated Private Equity group is currently seeking an ambitious Senior Account Executive with experience working with in the Financial Institution / Private Equity sector. The position would be to support the PE Service team while working at a consultative and strategic level with the Insured(s) to develop and execute on a structured renewal process inclusive of Property Casualty Management Liability Cyber/Privacy Liability and Professional Liability coverage for the portfolio companies.

The position is located in our Berkeley Heights NJ / Bryant Park NY office but offers the flexibility of a hybrid work environment.

Specific responsibilities include but not limited to the following:

  • Manage all ongoing services customarily required for Middle Market clients. This includes clear communication with clients promoting client/insurer relationships executing contracted services for all lines of insurance and working with internal HUB Specialists as needed.
  • Coordinate brokerage and client services (contract review and guidance coordinating actuarial services claims and loss prevention services as required.
  • Work with the Producer and client team developing an understanding of the clients business strategic priorities risk strategies and risk management needs and developing innovative approaches to unique client needs.
  • Create detailed renewal insurance exhibits in Excel format to include pricing and exposure exhibits/comparisons summary of terms and conditions and other pertinent program structure details.
  • Responsible for the of the renewal strategy in accordance with client instructions.
  • Collaborate and deliver alongside the Producer presenting a detailed renewal proposal.
  • Responsible for facilitating the claims process working closely with internal claims resources.
  • Responsible for marketing including advising customers regarding renewals and recommending coverage/ products/risk control approaches.
  • Responsible for managing existing client acquisitions/mergers and coordinating/ presenting a go forward insurance program.

Please apply to join us if you meet the following requirements:

  • 7 years related experience. Strong working knowledge of all lines of commercial insurance coverage. Working with Private Equity clients and portfolio companies is beneficial.
  • 4 year college degree or equivalent work experience. Completion of one or more CPCU exams preferred.
  • Valid NJ/ NY State Property & Casualty Insurance license.
  • Strong analytics and ability to think strategically and work in a highly organized fashion.
  • Strong mathematical aptitude.
  • Excellent Excel/ Spreadsheet & Word proficiency.
  • Ability to establish and maintain relationships with clients and carriers.
  • Ability to manage multiple responsibilities in a deadline driven environment.
  • Strong presentation skills and excellent written and verbal communication skills.
  • Working knowledge of marketplace and online quoting.
  • Ability to travel in a limited capacity as needed.

The expected pay range for this position is $120000 to $145000 and will be impacted by factors such as the successful candidates skills experience and work location as well as the specific positions business line scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paidtimeoff benefits and commissions for some positions.

Department Account Management & Service

Required Experience: 710 years of relevant experience

Required Travel: Negligible

Required Education: Bachelors degree 4year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.

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Required Experience:

Senior IC

Employment Type

Full-Time

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