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Account Executive - Personal Lines

Overview:As experts in protecting what matters most to businesses and individuals, we’re looking to bring on our next Account Executive to support our Personal Lines department and deliver exceptional risk management solutions to our growing client base.Our Account Executive will partner with our sales team, as well as work independently on sales opportunities, to lead day-to-day management of current clients' insurance programs.As one of the fastest growing insurance brokers in the U.S., we are excited to bring on those interested in continuing to grow their career in the insurance industry. Opportunity awaits you with us!Why This Role?• Opportunity to collaborate on sales opportunities while gaining knowledge to become experts in field• Provide mentorship and leadership to other team members, contributing to the growth and development of books of business• Opportunity for upward mobility and advancement opportunities across AssuredPartners!What You'll Do:• Client Support• Lead meetings with clients, including negotiating, selling lines of insurance, and renewal meetings at client locations.• Responsible for providing comprehensive client support and act as main client contact for book of business.• Effectively manage difficult client communications including loss of coverage, claim denials, unfavorable underwriting and other challenging renewal scenarios.• Account Management• Negotiate and sell lines of insurance to clients to round out accounts as appropriate. May design insurance and risk management plans for clients as assigned and directed by Agency management.• Own all audit, review and claims processes for assigned book of business.• Analyze data to draft client service plans, stewardship reports, and other meaningful reports tailored to the needs of the client and circumstances of the presentation.• Insurance Expertise• Manage and develop strong personal relationships with appropriate insurance carrier personnel.• Skilled at forecasting industry trends to predict needed changes in client strategies.• Review changes in carrier offerings and policies and relay information to the larger service team and directly to clients, in addition to cross selling other lines of business.• Leadership• Mentor or lead the work of more junior team members.• Facilitate and collaborate with account team on the agency’s renewal strategy.• Client Strategy• Create complex risk-management strategies for accounts and other team members to attract and retain large client accounts.• Partner with industry and carrier experts to deliver strategy and solution options to clients and the broader agency.• Other duties as assigned.• Some travel may be required.What's in it For You?:To help you make the best decision for your personal growth, it’s important to us to share a glimpse of what we offer our top asset, our people:• Competitive base salary of $75-95k• Generous 30+ Days Comprehensive Paid Time Off Package inclusive of Paid Time Off, 10 Company Holidays, 2 Floating Holidays, 5 Sick Days, and 2 Volunteer Days• Health benefit options with you in mind; 5 affordable medical plan options with rates based on your salary, company paid HSA contribution with eligible HSA plan selection, 2 dental plan options offering orthodontia coverage and 3 cleanings per year, and 2 vision plan options• Company match 401(k) plan – 50% up to 6%!• Support of your fitness wellness goals! We offer up to 75% off at over 11,000 gyms and fitness centers• Opportunity to prioritize your mental health with 24/7 access to licensed therapists• Pet benefits & discounts• Access to our Employee-led Resource Groups (ERGs) that lend a voice to the variety of demographics represented throughout AssuredPartnersWhat You'll Need:• 6+ years of related experience and/or training preferred, or demonstrated skills listed below.• Current Property and Casualty license required; professional designations preferred.• Comprehensive knowledge of available personal lines coverages based on business classification, as well as informed on industry trends and client retention strategies.• Highly developed problem solving and solution-design skills; strong written and verbal communication skills.• Demonstrated leadership through client support and advocacy skills, as well as the mentoring and guidance of more junior employees.• Highly proficient in use of Microsoft Office or similar software, including spreadsheet and presentation software.• Skilled in use of agency management software with the ability to quickly learn new systems and processes.Grow, with us:AssuredPartners is passionate about fueling our clients’ innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families and people thrive.We’re proud to be the fastest-growing independent insurance broker in America, but we’re even prouder of the honest, caring relationships that our employees build with our clients every day.Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us.AssuredPartners is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. AssuredPartners is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger!

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What You Should Know About Account Executive - Personal Lines, AssuredPartners

Join the dynamic team at AssuredPartners as an Account Executive - Personal Lines in beautiful Ventura, CA! We’re on the lookout for a passionate professional who will enhance our Personal Lines department and provide top-notch risk management solutions for our expanding client base. As a vital part of our sales team, you'll not only manage current clients' insurance programs but also independently pursue new sales opportunities, making your role pivotal in our growth journey. Imagine leading meetings with clients, negotiating and selling various lines of insurance while cultivating meaningful relationships and innovative solutions tailored to their needs. This is a chance to develop your expertise in insurance, where every day presents a new opportunity to mentor fellow team members and contribute to their learning experiences. Our culture promotes upward mobility, which means you could see your career soar as you help your clients while also growing with us. With competitive compensation and an array of benefits designed with you in mind—including generous paid time off, health benefits, and a supportive work environment focused on your personal and professional development—this role is not just a job; it’s a path to your future success. If you're ready to make a significant impact and help protect what really matters to our clients, this is the opportunity for you. Come thrive in a collaborative atmoshpere and transform the insurance landscape with AssuredPartners!

Frequently Asked Questions (FAQs) for Account Executive - Personal Lines Role at AssuredPartners
What are the responsibilities of the Account Executive - Personal Lines at AssuredPartners?

In the role of Account Executive - Personal Lines at AssuredPartners, key responsibilities include leading client meetings to negotiate insurance lines, managing comprehensive client support, and overseeing account management processes. You will be the main point of contact for a book of business, handle complex communications, and design risk management plans tailored to clients' needs while effectively analyzing data to draft service plans and reports.

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What qualifications do I need to become an Account Executive - Personal Lines at AssuredPartners?

To become an Account Executive - Personal Lines at AssuredPartners, candidates should have 6+ years of related experience and hold a current Property and Casualty license. Professional designations in insurance are preferred, along with a comprehensive understanding of personal lines coverages and industry trends. Strong problem-solving skills, effective communication abilities, and leadership capabilities are critical for success in this role.

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What benefits does AssuredPartners offer for the Account Executive - Personal Lines position?

AssuredPartners offers a competitive salary ranging from $75-95k for the Account Executive - Personal Lines position, alongside more than 30 days of paid time off, health plan options, 401(k) plan matching, mental health support, and even pet benefits. These initiatives are designed to promote work-life balance and enhanced personal well-being while supporting your career growth.

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What opportunities for career advancement exist for Account Executives at AssuredPartners?

At AssuredPartners, Account Executives in Personal Lines are encouraged to grow their careers through mentorship and collaborative efforts. The company emphasizes professional development, providing numerous pathways for upward mobility within the organization. Whether it's leading junior team members or engaging with industry experts, there are ample opportunities for advancement as you grow along with the organization.

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How does AssuredPartners support the personal growth of an Account Executive - Personal Lines?

AssuredPartners is dedicated to personal growth by fostering an environment of learning and development. Account Executives in Personal Lines have the chance to collaborate on innovative strategies, attend industry events, and access resources that enhance both their professional skills and personal well-being. The supportive culture empowers employees to thrive in their roles while continuously developing their expertise.

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Common Interview Questions for Account Executive - Personal Lines
Can you explain your approach to client engagement as an Account Executive?

When engaging with clients as an Account Executive, it's crucial to build relationships based on trust and communication. I focus on understanding their unique needs and challenges, providing tailored solutions, and being proactive in addressing any concerns that arise during our partnership. This approach not only strengthens client relationships but also enhances retention rates.

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How do you handle difficult client communications regarding insurance coverage?

Handling difficult client communications requires empathy, clarity, and a results-oriented approach. I prioritize listening to the client's concerns, acknowledging their feelings, and clearly explaining the situation, such as issues related to renewals or claim denials. By presenting solutions and involving them in the decision-making process, I aim to alleviate their concerns and maintain a positive working relationship.

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What strategies do you utilize for risk management planning?

For effective risk management planning, I leverage thorough data analysis to understand a client's unique scenarios and needs. I incorporate industry best practices, collaborate with peers and experts, and consistently review market trends to create comprehensive risk management plans. Tailoring these strategies helps ensure the client feels secure and valued, which is crucial for our partnership.

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Describe how you would approach mentoring junior team members.

Mentoring junior team members involves a balanced approach of guidance and independence. I focus on providing constructive feedback, sharing knowledge, and encouraging them to take on responsibilities alongside regular check-ins. Supporting their growth not only helps them develop skills but also fosters a collaborative team environment, promoting collective success within the organization.

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What do you see as the biggest challenges in the insurance industry today?

The insurance industry today faces challenges such as evolving regulations, emerging technologies, and changing consumer expectations. As an Account Executive, staying informed about these changes is essential, allowing me to preemptively address client concerns and adapt strategies to meet market demands. Embracing these challenges as opportunities for innovation fosters growth for both clients and the agency.

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How do you keep up with industry trends in personal lines insurance?

To stay ahead in personal lines insurance, I regularly engage with industry publications, attend networking events, and participate in relevant webinars. Subscribing to newsletters and following influential thought leaders on social media also keeps me informed about market changes and client retention strategies, helping me better serve my clients and adapt my approach immediately.

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What methods do you use for analyzing insurance data?

In analyzing insurance data, I utilize both quantitative and qualitative methods. I leverage software tools for trend analysis and reporting while cross-referencing client feedback and previous performance metrics. This comprehensive approach helps me create focused service plans that highlight areas for improvement and growth opportunities while also benchmarking against industry standards.

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How do you prioritize tasks when managing a large book of business?

Prioritizing tasks effectively requires a systematic approach to time management. I categorize tasks based on urgency and impact, focusing on high-priority client communications and account management activities first. Utilizing management software helps me streamline processes while regular reviews ensure I'm on track with my goals and that no client is overlooked.

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What is your approach to dealing with claim denials?

When faced with claim denials, I take a solution-oriented approach. I start by understanding the rationale behind the denial, gathering necessary documentation, and communicating openly with the client about their options. By advocating for transparency and exploring alternative solutions, I aim to maintain trust and demonstrate that we are invested in their best interests.

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How do you ensure effective communication within your team?

Effective communication within my team is fostered through regular meetings, open dialogue channels, and collaborative tools. I encourage team members to share insights and concerns, making everyone feel included in the decision-making process. By establishing a culture of transparency and support, we can collectively strategize and ensure all team goals are met.

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As true partners, our national team of dedicated, experienced insurance professionals always have your best interests in mind and are passionate about protecting your assets and helping you grow. Through listening, problem solving and collaborat...

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December 12, 2024

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