Account Manager - Executive Risk
Moreton & Company · Salt Lake City, UT · 2 mo ago
Business DevelopmentFull-time
About the Role
To assist the Sales Executive in marketing, processing, and selling all lines of commercial insurance and to provide technical support in accordance with the organization’s objectives and procedures.
Responsibilities
- Understand the structure and content of insurance contracts, including the concept of an insurance agreement, exclusions, terms, and conditions.
- Maintain awareness of most insurance coverages, including major lines: General Liability/Products Liability, Commercial Automobile, Workers’ Compensation, Property, Business Income, and Umbrella.
- Understand premium rating methods and audits.
- Interpret loss information, loss forecasting, collateral, and accruals.
- Apply exposure information in practical scenarios.
- Develop and produce submissions on coverages, including more complex ones.
- Place standard coverages with limited assistance.
- Understand the underwriter’s perspective on coverage and placement issues.
- Analyze and compare policies.
- Analyze, compare, develop, and recommend design options with limited guidance.
- Pursue professional designations such as CPCU, CIC, CRM, or ARM.
Requirements
- A high school diploma.
- Good written and oral communication skills.
- Thoroughness and accuracy in work.
- Ability to understand and analyze commercial lines coverage, forms, rating, and policies.
- Holds a current Utah Producer Property/Casualty license or will obtain it within three months of hire or promotion.
- Prior insurance industry experience of at least three to five years.
Physical Demands
- Occasionally required to stand, walk, and stoop.
- Must regularly lift and/or move up to 10 pounds.
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.