Assistant Vice President - Commercial Lines (Construction)
HUB International · Melville, NY · 2 wk ago
Business Development$128k/yrFull-time
Duties And Responsibilities
- Perform all account servicing duties on assigned accounts
- Ensure overall account profitability with a value-based approach for the scope of service and costs associated with the client
- Engage in new and renewal strategy meetings
- Prepare Stewardship reports
- Maintain renewal expirations, avoid any lapse in coverage, and solicit additional lines of coverage
- Service accounts and provide claims assistance as needed including contract review and advise client on insurance requirements
- Develop high degree of technical, insurance, and risk management knowledge through research and attendance in industry seminars and continuing education efforts
- Market standard renewals to include - submission preparation, obtain quote, negotiate premium and commission. This can include new accounts
- Prepare proposals and presentations
- Bind coverage, prepare binder and delegate certificate issuance
- Review coverage, identify deficiencies and determine appropriate level of coverage
- Meetings with client as needed
- Review accounting history, respond to accounting inquiry, correct discrepancies and contacts client on receivable collection
- Assist Senior Account Executive when requested
- Afford certificates of insurance, auto ID cards, schedules of insurance, proposals on larger accounts when requested
Qualifications
- 5-7 years related experience with broker
- Bachelor’s degree preferred or equivalent work experience
- Detail oriented with good mathematical and communication skills
- Ability to understand, analyze, and research different lines of insurance
- Proficient in MS Office
- Ability to work within designated time frames
- Good interpersonal skills & communication skills
- Multi-tasking abilities in a fast-paced environment
- NYS P&C License
- Working knowledge of EPIC preferred, but otherwise, the ability and willingness to learn
Pay
The expected pay range for this position is $128,000 annually to $150,000 annually and will be impacted by factors such as the successful candidate’s skills, experience, and work location, as well as the specific position’s business line, scope, and level.
Benefits
HUB International offers comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and commissions for some positions.
Department
Account Management & Service
Required Experience
7-10 years of relevant experience
Required Travel
Negligible
Required Education
Bachelor's degree (4-year degree)