Account Executive

Posted 7 Days Ago
Be an Early Applicant
4 Locations
60K-80K Annually
Mid level
Insurance
The Role
The Account Executive supports brokers and underwriters by promoting and selling insurance products, negotiating terms, quoting new and renewal business, and maintaining client relationships. They prepare recommendations, process applications, and manage incoming calls, while ensuring knowledge of industry practices through ongoing education.
Summary Generated by Built In

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Provides support to Brokers, Underwriters or Team Leaders regarding all policies and/or key accounts. Partners with Broker to solicit, promote, sell, quote, and maintain renewals from existing agents as well as support new business.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Promote new business and/or renewal business to achieve production/market criteria as defined by Broker with little or no supervision.

2. Negotiate terms with the underwriters, including price, deductible, enhancement and exclusions.

3. Select carriers to approach with accounts.

4. Assist and/or provide quotations for new business, renewals and endorsements through managing all company correspondence in a timely manner.

5. Prepare recommendations for agents showing fact information regarding best coverage information.

6. Process new business, including transference applications to CRC applications, issue binders and invoices, and check policy coverages for accuracy by CRC guidelines.

7. Process renewal business which may include locating files, preparing and mailing solicitor letters and/or preliminary submission information, issuing binders and invoices, and checking policy coverages for accuracy by CRC guidelines.

8. Acquire confirmations from retailers when accounts are bound.

9. Process cancellation and endorsement requests, including issuing binders and invoices, checking policy coverages for accuracy by CRC guidelines.

10. Prepare company profiles and research analysis for client visits.

11. Provide directions and supervision to team as requested by Broker.

12. Manage incoming calls from producers and companies.

13. Maintain good working relationship with current agents and other co-workers.

14. Maintain current knowledge of the insurance industry and sales ideas through regular attendance at workshops, seminars, literature reviews and/or formal continuing education.

15. Perform other duties, tasks, responsibilities and projects as assigned.

QUALIFICATIONS

Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. College degree or equivalent experience.

2. Three years of wholesale insurance experience or its equivalent.

3. Experience with specific account handling and marketing.

4. Current state specific insurance license.

5. Substantial knowledge of insurance and insurance processes.

6. Ability to review information, make decisions, and manage time effectively with minimal to no supervision.

7. Ability to plan, organize and manage multiple priorities.

8. Excellent verbal, written and presentation skills.

9. Ability to deal with confidential matters appropriately.

10. Possess strong interpersonal skills.

11. Ability to work extended hours as needed.

12. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

13. Ability to travel, occasionally overnight
The annual base salary for this position is $60,000.00 - $80,000.00.

General Description of Available Benefits for Eligible Employees of TIH Insurance: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH's generous benefit plans, please visit our site. Depending on the position and division, this job may also be eligible for TIH’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

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The Company
HQ: Birmingham, Alabama
2,066 Employees
On-site Workplace
Year Founded: 1982

What We Do

CRC Group is one of the largest wholesale insurance distributors in the U.S.

CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh.

CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more.

CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well.

These are just some of the ways CRC Group is placing you first.

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