Account Executive, Insurance - Illinois
Account Executive, Insurance - Illinois
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$ 100000 - 250000
1 Vacancy
Job Description
About the Role
We are seeking a skilled and experienced Account Executive to join our dynamic growing Insurance team in South Barrington IL.
Key Responsibilities Include
Serve as strategic point of contact for client
Manage annual book of business and proactively monitor upcoming expirations
Identify the risk management needs of clients and prospects; Develop and recommend appropriate products and services; Work with client to identify unmitigated risks and cross-sell complimentary products and services
Manage a team of 1-5 depending on the office; Responsible for training and advancing the careers of their team
Present custom solutions to clients and prospects in a clear and professional manner; Clearly promote American Globals competitive differentiation in written and verbal presentations
Positively and proactively represents American Global in meetings seminars trade shows networking events industry associations organizations boards and charities as appropriate.
Prepare analyze execute and/or approve critical business documents including but not limited to:
Client fee agreements
Renewal letter requests
Complete and accurate submissions to underwriters
Coverage quotes
Proposal documents including executive overview write-up
Book of business production reports
Premium allocations
Unit stat cards
Experience modification analysis
Account receivable (A/R) reports
Loss picks collateral reviews and negotiations on loss sensitive programs
In-depth data analyses
Cultivate local underwriting relationships to support company visibility and credibility in the construction insurance marketplace. Maintain knowledge of carrier underwriting appetites and contacts and recommend appropriate markets for client programs
Analyze client risk profile and develop marketing strategy with the team and client
Bind insurance coverages address binding subjectivities and convert proposals of insurance to summaries of insurance post binding
Supports team in response to requests for proposals (RFP)
Actively lead account management staff in annual stewardship process pre-renewal process final renewal delivery and other significant account management services for assigned client book of business
Develop relationships with centers of influence (Including but not limited to attorney partners bankers CPAs)
Identify key individuals within the clients organization and build and maintain effective and sustainable relationships
Effectively delegate tasks and assist team members to balance workloads when needed
Maintain ongoing communication with clients and industry partners to ensure a high-level of customer service.
Maintain insurance license & CE requirements
Additional responsibilities as
Skills & Experience That Lead to Success:
Time management and ability to prioritize work
Attention to detail
Problem solving skills
Professional written and verbal communication
Proficient in Applied Epic Microsoft Office product suite and Adobe Pro systems
Strong technical property and casualty knowledge typically 5 to 7 years industry experience.
Ability to drive strategy
Embrace change and innovation as the industry evolves
Demonstrate strong knowledge of competitors to aid in company prospecting efforts
Demonstrate proficiency in the sales discovery process (due diligence)
Additional/Preferred Qualifications:
Valid drivers license and reliable transportation
Ability to travel as
What You Can Expect From Us:
Comprehensive Benefits Package
Collaborative and innovative environment
Culture of continuous learning and professional development
Competitive salary package
401k with above-average employer match of up to 5% of your salary
Leadership training and support
Work/Life Balance (Summer Fridays flexible work arrangements and mental health services)
Education and Student Loan Assistance
American Global is proud to be an equal opportunity workplace. We provide equal employment opportunities to all employees and applicants for employment without regard to race color religion creed sex sexual orientation gender identity national origin age disability veteran marital domestic partner status or other legally protected status.
We welcome applications from all and provide individuals with disabilities reasonable adjustments to participate in the job application interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide email
The salary range for this position (intended for U.S. applicants) will vary based on applicants education experience skills and abilities as well as internal equity and alignment with market data. The salary may also be adjusted based on applicants geographic location.
Who We Are
American Global is one of the largest privately held insurance and surety brokerage firms in North America specializing in all aspects of construction risk management. We support contractors owners and developers helping protect them from the risks and exposures specific to the construction industry.
We are a vibrant values-driven community with a unique collaborative culture that fuels our desire to excel. Together our team is transforming the construction industry and revolutionizing the role of broker. As we continue our journey we seek to find the right individuals in the right locations to expand and enrich our fast-growing team of talented professionals across 15 locations throughout the US and Canada as well as Rome Italy.
Are you ready to be a part of our story
Compensation Range:
$100000.00-$250000.00Required Experience:
IC
Employment Type
Full-Time
