Account Executive

Job Responsibilities

• Prepares accounts for new business and the renewal process as directed by the broker
• Initiates renewal reviews to deliver optimal client coverage and suggests steps for client retention
• Supports the broker in creating market submissions and quote cover letters for agents
• Reviews received documents to ensure accuracy
• Builds relationships with brokers and demonstrates understanding of brokerage operations to proactively support business needs
• Collaborates with the broker to drive renewals and solicits new business through client referrals
• Prepares new business strategies in collaboration with brokers, including proposals and presentations for new client opportunities
• Evaluates and mitigates risks associated with accounts and ensures adherence to industry regulations and internal policies
• Ensures accuracy of new and existing data in internal systems, creates accurate documentation, and performs functions as defined by the guidelines while meeting quality and service standards
• Generates reports on performance and other defined metrics by leveraging data and insights to inform the broker on portfolio trends and delivers value that may enhance the book of business
• Collaborates with internal teams to ensure contractual obligations are met
• Resolves invoicing issues with stakeholders in Premium Accounting and communicates on notices of cancellation

Requirements

• Minimum of 1 year of experience in the Insurance industry
• Bachelor’s degree required; Business Administration, Sales, and Risk Management preferred
• Any other related discipline or commensurate work experience considered
• Preserved licenses and certifications as per the job description

Qualifications

• Prescribed: Minimum requirements for state P&C and/or surplus line licenses
• Preferred: Certified Insurance Service Representative (CISR), Commercial Insurance License (CIL)

Benefits

The target salary range for this position is $64,000.00 - $80,000.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future.

Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website here.