Commercial Lines Account Manager
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Overview
Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Compensation
$70,000-$85,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Job Description
The Account Manager is responsible for the day-to-day servicing of commercial lines clients and maintenance of exceptional customer relations. This person acts as a generalist within our industries. Duties/Responsibilities
- Manage and retain existing book of business.
- Review and process bill renewals, new policies, and policy changes.
- Thoroughly review all commercial insurance policies for their accuracy, research coverage discrepancies until resolved, and communicate changes to insurance company.
- Handle coverage questions, research, and resolve problems.
- Interact with carriers and internal/external customers to ensure delivery of exceptional customer service and adherence to policies and procedures.
- Manage the process of renewal submissions for marketing including application(s), necessary exhibit(s), narrative(s), collection of loss runs and answers to underwriting questions.
- Submit applications to eligible and appropriate carriers and follow up to ensure timely receipt of quotations and policies.
- Perform other duties as may be required or assigned.
- Bachelor's degree in a business-related program or equivalent experience in the insurance industry
- 3 years’ experience in commercial lines property & casualty account servicing preferred
- A valid resident Property & Casualty insurance license is required
- Proficiency in the use of Microsoft Office Suite
- Knowledge of, or the ability to learn, AMS360 and ImageRight.
- Knowledge of insurance coverages and an ability to communicate this clearly to clients and underwriters.
- Knowledge of insurance regulations, industry standards, and compliance best practices.
- Understanding of commercial insurance underwriting, coverage & rate analysis.
- Ability to multitask and juggle several responsibilities simultaneously while meeting deadlines.
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Ability to work in a team environment, with a positive attitude, and willingness to help others.
- Able to work under pressure and time constraints in a fast-paced environment
- Salary: $70,000-$85,000 annually.
- Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families.
- 401K with employer matching.
- PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time.
- A casual office environment with a dedicated and professional team.
- Hybrid opportunities in Tampa, FL and Berwyn, PA.
- Remote opportunities in DE, FL, LA, NJ, PA, SC, TX
About Sovereign Insurance Group Since 1959, Sovereign Insurance Group has been a leader in the nonprofit, commercial property and casualty marketplace. A growing company that has expanded from one location in Southeastern PA to a multi-state organization, we are poised to continue our expansion. We believe in approaching our clients, our insurance companies, and our employees with humility and always considering the other party's interests above our own. This philosophy guides us in taking our talents, our time, and industry know-how to provide the best overall results we can for our clients.
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FAQs About Commercial Lines Account Manager Jobs at Sovereign Insurance Group
What is the work location for this position at Sovereign Insurance Group?
This job at Sovereign Insurance Group is located in Berwyn, PA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Sovereign Insurance Group?
Candidates can expect a pay range of $70,000 and $85,000 per year.
What employment applies to this position at Sovereign Insurance Group?
Sovereign Insurance Group lists this role as a Full-time position.
What experience level is required for this role at Sovereign Insurance Group?
Sovereign Insurance Group is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Sovereign Insurance Group for this role?
Sovereign Insurance Group offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Family/Dependent Health, Paid Holidays, Paid Vacation, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Sovereign Insurance Group?
You can apply for this role at Sovereign Insurance Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.