Private Client Adivsor

Job Description

Private Client Advisor

Job Summary

Seeking a highly motivated and experienced Private Client Advisor to join a Personal Insurance Division. This role is pivotal in developing and implementing sales strategies to attract and retain high-net-worth clients. As a Private Client Advisor you will have the opportunity to take ownership innovate and make a significant impact within the Personal Insurance Department. You will assess client risks provide tailored insurance solutions and maintain strong relationships with clients and internal stakeholders.

Compensation Package

• Competitive base salary with performance-based commissions.
• Comprehensive benefits package including health dental and vision insurance.
• Opportunities for professional development and continuing education.
• Supportive and collaborative work environment.

Responsibilities

• Drive growth by prospecting qualifying and closing new high-value accounts that meet Private Client criteria to achieve and exceed annual sales goals.
• Conduct comprehensive needs-based assessments to recommend appropriate insurance coverage.
• Present and explain options benefits and pricing to potential clients.
• Continuously enhance knowledge through professional development and leverage internal expertise and tools to deliver exceptional client experiences.
• Develop and maintain productive relationships with internal stakeholders to foster teamwork and organizational success.
• Maintain accurate client records in the Agency Management System and complete all necessary documentation for new policies.
• Ensure a seamless transition for hand-off to the Private Client Account Manager and collaborate with the Account Servicing team to maintain client relationships and ensure account retention.
• Stay informed on industry trends carrier products and changes in coverage options.
• Attend community events networking groups and industry functions to expand influence and establish yourself as a trusted advisor.
• Build and maintain relationships with Centers of Influence such as real estate agents wealth managers mortgage brokers car dealerships jewelers art galleries and other referral sources.
• Identify target industries or market segments to focus on network building prospecting and developing specialized knowledge of common coverage situations and industry trends.
• Proactively identify and coordinate cross-selling opportunities with other departments such as Employee Benefits and Commercial Insurance.

Qualifications/Requirements

Education:

• Associate degree or equivalent education and experience required.

Experience:

• Prior experience in Private Client personal lines insurance sales.
• Familiarity with major Private Client insurance carriers underwriting guidelines and experience using CRM and lead generation tools.

Licensure:

• Current Property & Casualty insurance license.

Skills and Abilities:

• Compliance with continuing education requirements for agent licensing and professional designations.
• Strong understanding of risk management for high-net-worth clients.
• Excellent communication interpersonal and negotiation skills.
• Ability to assess risk and recommend appropriate coverages and solutions.
• Results-driven with a proven track record of meeting and exceeding sales goals.
• Proficiency in Microsoft Word Excel and Outlook as well as knowledge of Agency Management Systems.
• Strong organizational and problem-solving skills.
• Professional demeanor and ability to work collaboratively as part of a team.

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