Commercial Lines Account Manager

Foundation Risk Partners
Hyde Park, NY Full Time
POSTED ON 3/26/2023 CLOSED ON 6/9/2023

What are the responsibilities and job description for the Commercial Lines Account Manager position at Foundation Risk Partners?

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firm in the US, is adding a Commercial Lines Account Manager to their Genatt V team in New Hyde Park, NY

 

GENERAL FUNCTION: 

 

Collaborates with the team to consistently deliver high-quality customer service and ensures service standards including execution, delivery and retention are achieved. Provide efficient, professional, and courteous service to clients, by phone, in writing and in person.

 

The role is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Insurance Agency’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES: 

  • Provides daily administrative support. Support includes but is not limited to gathering and preparing renewal information such as loss runs, drivers lists, experience mod worksheets.
  • Process endorsement requests, certificates of insurance, evidence of insurance, cancellation processing as well as support duties as assigned.
  • Assists clients with the reporting of claims, maintain contact during the settlement process of the claim and updating applicable production staff as to the status of the claims.
  • Processes and follow-up operations duties linked to new/existing accounts, risk management, marketing support, order entry etc.
  • Ensures that all assigned transactions are executed in a timely and accurate manner, and that all documentation is maintained to standards.
  • Occasional contact with clients to ensure that they are informed about insurance.
  • Educates and coach business partners on insurance products, compliance and operational duties.
  • Invoice all applicable accounts, and process premiums when required.
  • Maintain current files and prepare policy renewal questionnaires, recommending coverage enhancements.
  • Work expiration lists prior to renewal for customer contact and improved retention.
  • Perform agency system client updates and input into system according to department procedures.

PAY RANGE

The typical pay range for this role is $80,000 - $100,000, this range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation package for employees.

Salary : $80,000 - $100,000

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