Account Executive, Commercial Insurance

We are promoting this job opportunity as provided by a third party, the employer. In case of your interest in this job opportunity and for more details please click on "Apply" button below, which will take you to the employer's website Position SummaryThis position involves working in a team environment as a Commercial Account Executive on a diverse and growing commercial insurance book of business. You will be working with Masters Principals', Account Associates, Insurance Underwriters and Masters’ clients, servicing and marketing existing and new business accounts. The successful candidate must be highly motivated, remain flexible to changing job priorities, and strive to create exceptional service experiences.BenefitsCompetitive compensation packageGenerous health and dental benefits program, including Healthcare Spending AccountRobust Group Retirement Savings program with company matchingReimbursements of license fees and professional membership duesFull support of continuing education and growth opportunities, including career mentorship with senior managementHybrid work schedule that supports work-life balanceEpic year-round employee events!Wellness programs, including a special initiative for new momsOpportunities to give back to our communities through philanthropic programsMembership to an exclusive employee discount programDiscounts to gym membership and select local retailersMasters assist employees by paying for work related courses, as well as annual licensing anddesignation fees, including RIBO, CAIB, CRM and CIP designations!Key AccountabilitiesWork in close collaboration with Masters' principals, Account Executive and Account AssociatesManage a book of business with a mix of medium to large size commercial insurance accountsNegotiate coverages, rates and premiums with insurance underwriters and Master’s clientsCreate and update new business and renewal submissions and market new and existing businessConduct annual renewal reviews and client meetings, including preparing a claims’ history assessmentReview inspection reports and follow up for outstanding recommendationsConduct risk assessment of clients’ operations and insurance needs and determine appropriate insurance coverages to offer clients’Prepare risk management strategies to improve clients’ risk exposures and focus on improving clients’ existing coveragesManage accounts receivable on the accounts that you are handlingWork closely with the claims department and clients during claims’ negotiations and settlementsPerform other related duties and projects, as requiredCandidate QualificationsRequired:RIBO LicenseMinimum of three (3) years work experience in a commercial lines department at an InsuranceBrokerage and/or Insurance company in a similar role and/or with similar duties andresponsibilitiesProficient in Microsoft Office programs, including Outlook, Word and ExcelIn the process of completing CAIB and/or CIP and/or CRM designationsAn Asset:Completed CAIB and/or CIP and/or CRM designationsFamiliarity with The Agency Manager (TAM)Working knowledge and/or understanding of construction insurancePrevious business experience in operating your own business or running a business for othersKnowledge of project specific construction insuranceKnowledge of MS PowerPointSkill Sets RequiredEffective verbal and written communication skillsExcellent organizational and time management abilitiesSelf-motivation with ability to problem-solve with limited supervisionFlexibility to work in a fast-paced and dynamic environment with changing prioritiesAbility to work independently and in a team environmentWillingness to mentor and train colleagues when required