Private Client Account Executive

About the role

Personal Risk Management Solutions is a boutique personal insurance brokerage focusing on the unique needs of successful individuals and families. We are seeking a Private Client Account Executive to join our dynamic team.

Job Summary

This role is a lead contact for our high net worth clients and their families. Key responsibilities include building positive and impressive long-term relationships, communicating with and visiting clients, family offices, wealth advisors, and responding to their questions. You will also be responsible for negotiating with underwriters, obtaining quotes, creating proposals, determining strategic placement of new clients, discussing claims, and managing the renewal process.

Key Responsibilities and Duties

• Act as an insurance advisor to clients; make recommendations and suggestions best suited for their personal needs.
• Negotiate with underwriters by utilizing comprehensive, creative thinking to implement best possible solutions, using knowledge of current markets and insurance products available.
• Obtain quotes and create proposals to formulate a comprehensive insurance program once carrier negotiations are complete.
• Determine strategic placement of new clients through analysis of current insurance program.
• Discuss claims with clients and manage the claims process until conclusion. Ensure that clients are extremely satisfied with the outcome.
• Drive renewal process by analyzing client's insurance program and marketplace opportunities.

Basic Responsibilities

• Respond promptly to incoming calls, and emails.
• Comply with company policies, practices and procedures.
• Attend meetings and prepare follow-up as needed.
• Set goals, prioritize and execute duties of the position.
• Manage documents, files and electronic information in an organized, efficient and secure manner.
• Perform quality and quantity duties as expected for position.
• Complete company required training courses as assigned.

Qualifications

• Bachelor’s degree (B.A.) from four year college or university; or three years minimum related experience and/or training.
• Property & Casualty license.
• Knowledge of personal insurance products offered through Chubb, Berkley One, Pure, Cincinnati and Private Client Select.
• A “people person” with superior client service orientation and attention to detail.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Strong organizational skills with the ability to manage multiple tasks and priorities.
• Adaptability to a changing environment.
• Excellent written and verbal communication skills.
• Professional demeanor with a customer-focused attitude.
• Ability to work independently in a fast-paced environment, as well as part of a team.

New York pay range

$90,000 - $110,000 USD