Commercial Insurance Account Manager

2 days ago


Vaughan, Ontario, Canada Masters Insurance | Financial Full time
Job Summary

This role involves working in a collaborative environment as a Commercial Account Executive on a diverse and growing commercial insurance portfolio.

You will work closely with Masters' principals, Account Executives, and Account Associates to manage a book of business with a mix of medium to large size commercial insurance accounts.

The successful candidate must be highly motivated, flexible, and able to create exceptional service experiences.

Key Responsibilities
  • Work in close collaboration with Masters' principals, Account Executives, and Account Associates to manage a book of business with a mix of medium to large size commercial insurance accounts.
  • Negotiate coverages, rates, and premiums with insurance underwriters and Master's clients.
  • Create and update new business and renewal submissions and market new and existing business.
  • Conduct annual renewal reviews and client meetings, including preparing a claims' history assessment.
  • Review inspection reports and follow up for outstanding recommendations.
  • Conduct risk assessment of clients' operations and insurance needs and determine appropriate insurance coverages to offer clients.
  • Prepare risk management strategies to improve clients' risk exposures and focus on improving clients' existing coverages.
  • Manage accounts receivable on the accounts that you are handling.
  • Work closely with the claims department and clients during claims' negotiations and settlements.
Requirements
  • RIBO License
  • Minimum of three (3) years work experience in a commercial lines department at an Insurance Brokerage and/or Insurance company in a similar role and/or with similar duties and responsibilities.
  • Proficient in Microsoft Office programs, including Outlook, Word, and Excel.
  • In the process of completing CAIB and/or CIP and/or CRM designations.
Preferred Qualifications
  • Completed CAIB and/or CIP and/or CRM designations.
  • Familiarity with The Agency Manager (TAM).
  • Working knowledge and/or understanding of construction insurance.
  • Previous business experience in operating your own business or running a business for others.


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