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Senior Commercial Lines Account Manager
Senior Commercial Lines Account ManagerAPR • Salt Lake City, UT, US
Senior Commercial Lines Account Manager

Senior Commercial Lines Account Manager

APR • Salt Lake City, UT, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Senior Commercial Line Account Manager (Mid to Large Market Construction Risks)

Salt Lake City, UT

Salary : $75,000-95,000 depending on experience, knowledge, and qualifications

Job Summary :

Independent Agency is looking for an experienced Senior Account Manager with a strong construction background to join their team. This position will be responsible for a large book of business consisting primarily of construction or construction related accounts. This individual plays a leadership role in maintaining the relationship between the service team, clients, and the insurance carriers.

Duties and responsibilities include but are not limited to :

  • Coordinating annual marketing efforts and carrier negotiations;
  • Providing detailed cost and coverage analyses;
  • Answering client policy and coverage questions;
  • Consulting with clients on mid-term policy changes;
  • Providing monthly reporting of client values to carriers;
  • Coordinating and conducting claim review meetings for selected accounts;
  • Visiting client sites to identify potential exposures and needs;
  • Review loss analysis and complete risk management analysis
  • Work with producers to complete action steps necessary to close renewals including gathering and researching risk management / insurance and renewal data for marketing.
  • S / he secures the renewal of existing business with assigned accounts and oversees activities related quality of service provided to clients.
  • The position involves working with multiple producers in the Agency.

Required Competencies :

  • P&C License required
  • CRIS designation desired but not mandatory
  • Extensive knowledge of insurance coverage products, especially those purchased by contractor related exposure accounts including Builders Risk, OCP, Railroad Protective, Environmental and Professional Liability, Worker’s Compensation and General Liability.
  • Extensive knowledge of Contractual Risk Transfer upstream and downstream including training of staff, spec / bid reviews, contract requirements
  • Excellent knowledge of and effective negotiation skills with insurance carriers, brokers, wholesalers and alternative risk markets
  • Excellent understanding of construction terms, means and ways, practices and finances
  • Working knowledge of captives such as OCIP’s, CCIP’s, and CIP’s
  • Good knowledge of Labor Law especially on how it affects contractors
  • Ability to provide first class service to assigned accounts including certificate issuance, returning phone calls and education of client staff with respect to insurance in general
  • Ability to communicate verbally and in written form with clients, insurance company personnel and other vendor and third parties
  • Knowledge of claims including participation in claim reviews
  • Risk Management background is desired
  • All inquiries will be kept confidential

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    Commercial Lines Account Manager • Salt Lake City, UT, US

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