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Account Coordinator - Executive Risk Solutions

Insurance is a trillion dollar market that is fundamental to society, yet it has not modernized — until now. 

Newfront is building the modern insurance experience. 

We've reimagined the experience for clients, prospects, and employees, altering the way people create, understand, select, transact, and use insurance. We're changing the approach so that it starts and ends with the client, not the product, and empowering people for moments that matter. 

Our unique approach recognizes both the vast potential of technology and the fundamental role of insurance experts. We're a technology-driven company with DE&I in our DNA and strong values; we believe people matter most. 

Our mission is to define the future of the insurance industry, while instilling a high performance culture in combination with living our Work, Love, Play ethos each day. We value balanced lives and are passionate about creating a culture of wellness that results in healthier, happier, and more productive employees, and more successful clients.

SUMMARY:

This position assists with coordinating the internal service process for the Executive Risk Solutions (ERS) team which specializes in Directors and Officers, Employment Practices, Crime, and Fiduciary Liability insurance.

FROM THE TEAM: Come join Newfront’s Executive Risk Team!  The Executive Risk Solutions team is dedicated to excellence in everything that we do and we are committed to working together as partners in delivering what our clients need and want. This role is an excellent opportunity to be part of a team of D&O experts and to be a key contributor to our team’s growth and success.  We are looking for inquisitive, strategic, self-motivated, organized, and fun people to join our growing team.


This position is an hourly, non-exempt, and full-time role and will be reporting to the Team Leader. This is a US based hybrid or remote role (required to work until 4pm PST M-F), with the option to work from any of Newfront's office locations. Will be considered hybrid if living within 25 miles of a Newfront office location. #LI-Remote

What You'll Be Responsible For:

  • Prepare and send renewal solicitations; coordinate client update calls with insurance carriers.

  • Assist with marketing Management Liability programs for public/private companies.

  • Prepare client presentation and proposal materials.

  • Prepare insurance summaries and confirmations of insurance.

  • Input data and information into systems and maintain the accuracy and completeness of policy management systems.

  • Manage policy and endorsement issuance process including reviewing quotes, binders, and policies for accuracy and filing appropriately.

  • Prepare invoices and manage tasks related to client billing

  • Perform other duties and assist with special projects as assigned.

Qualifications:

  • Solid communication skills: writing and presentation preparation.

  • Excellent telephone etiquette and customer service.

  • Ability to be resourceful, take initiative, and work independently to solve problems.

  • Works well with others in a fast paced environment; responsive to co-workers and colleagues.

  • Adaptability and flexibility to respond to client and team needs.

  • Strong time management skills.

  • Ability to learn and adopt and train use of technology systems and software applications.

  • Ability to review internal/external deliverables to ensure accuracy.

Required Certificates, Licenses, Registration:

  • Minimum of 2 years in a comparable and/or relevant work environment.

  • Property and Casualty Insurance license preferred.

  • Minimum of 1 year of Insurance brokerage experience preferred.

  • Commercial insurance experience preferred.

The pay range for this position in California, Washington, Colorado and New York at commencement of employment is expected to be between $60,200 and $86,000/yr; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

At Newfront, we are committed to hiring diverse talent and supporting an inclusive workplace environment. If you are excited about a role at Newfront but feel you’re missing a few of the qualifications, we still encourage you to apply and tell us about yourself. You may just be the next Newfront team member that we are looking for! 

Newfront is proud to be an equal opportunity workplace. Diversity is in our DNA and we believe that creating an inclusive workplace elevates the value we are able to bring to our customers and employees alike. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or any other applicable status protected by state or local law.

If you require reasonable accommodations throughout the application or interview process, please contact us at careers@newfront.com. For information regarding how Newfront collects and uses personal information, please review our Privacy Policy.

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Average salary estimate

$73100 / YEARLY (est.)
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$60200K
$86000K

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What You Should Know About Account Coordinator - Executive Risk Solutions, Newfront

Are you ready to kickstart your career as an Account Coordinator in the exciting field of Executive Risk Solutions with Newfront? Insurance, while being a trillion-dollar market, is undergoing a massive transformation, and Newfront is leading the charge! We focus on revolutionizing the insurance experience for clients and employees alike, and we want you to be a part of it. As an Account Coordinator, you'll play a crucial role in supporting our Executive Risk Solutions team, which specializes in Directors and Officers, Employment Practices, Crime, and Fiduciary Liability insurance. In this dynamic position, you’ll handle everything from preparing renewal solicitations and coordinating client calls with insurance carriers to crafting high-impact client presentations. If you have a knack for organization and enjoy working in a fast-paced environment, this is a perfect fit! With a strong emphasis on collaboration and client service, you’ll work closely with a team of D&O experts, embracing our ethos of 'Work, Love, Play'. Imagining a future where your efforts directly contribute to the exceptional client experience we aim to deliver isn't just a dream; it's our daily reality at Newfront! Plus, this role offers flexible hybrid or remote working options, so you can balance work and life effectively. If you thrive on self-motivation, problem-solving, and engaging with others, apply now and help us redefine the insurance landscape!

Frequently Asked Questions (FAQs) for Account Coordinator - Executive Risk Solutions Role at Newfront
What are the main responsibilities of an Account Coordinator at Newfront?

As an Account Coordinator at Newfront, you will be responsible for coordinating the internal service process for the Executive Risk Solutions team, which includes tasks like preparing and sending renewal solicitations, assisting with marketing Management Liability programs, and preparing client presentation materials. You'll also manage the policy issuance process and client billing tasks, ensuring accuracy and thoroughness in all deliverables.

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What qualifications do I need to become an Account Coordinator at Newfront?

To qualify for the Account Coordinator position at Newfront, you should have a minimum of 2 years of relevant work experience, preferably in insurance brokerage. While a Property and Casualty Insurance license is preferred, having at least 1 year of commercial insurance experience will significantly bolster your application. Strong communication skills, adaptability, and time management abilities are essential for success in this role.

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How can I thrive as an Account Coordinator in Newfront's Executive Risk Solutions team?

Thriving as an Account Coordinator requires strong organizational skills and the ability to collaborate effectively. Embrace Newfront’s values of client-centricity and innovation to adapt and respond to client needs. Being detail-oriented will help you manage policy and billing tasks with precision while maintaining positive communication with colleagues and clients.

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What does the work culture look like for an Account Coordinator at Newfront?

Newfront embodies a work culture that prioritizes diversity, equity, and inclusion. As an Account Coordinator, you can expect a collaborative environment where you are encouraged to contribute your unique perspective. The 'Work, Love, Play' ethos is integral to our culture, promoting a healthy work-life balance and fostering a supportive community among employees.

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What are the career advancement opportunities for Account Coordinators at Newfront?

As an Account Coordinator at Newfront, you’ll find numerous opportunities for career growth. With a focus on professional development and mentorship, you can progress to senior coordinator roles or specialized positions within the Executive Risk Solutions team. Your hands-on experience and contributions will pave the way for future opportunities within the organization.

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Common Interview Questions for Account Coordinator - Executive Risk Solutions
What inspired you to apply for the Account Coordinator position at Newfront?

To answer this question effectively, reflect on your passion for the insurance industry and how Newfront's innovative approach resonates with your career goals. Emphasize your desire to be part of a team that places clients at the center of its mission.

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Can you describe your experience with insurance policies and documentation?

When answering this question, highlight any relevant experience you have with managing insurance policies, preparing documentation, or working with clients in the insurance sector. Specific examples will illustrate your familiarity with the responsibilities of the Account Coordinator role.

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How do you prioritize tasks when managing multiple projects?

Demonstrate your time management skills by detailing your approach to prioritization. Discuss techniques you use such as creating to-do lists, setting deadlines, or using project management tools to stay organized and ensure timely completion of tasks.

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What strategies do you use to communicate effectively with clients and colleagues?

Provide insights into your communication style by discussing different strategies, such as active listening, clarity in messaging, and adapting your approach based on the audience. Mention specific instances where your communication skills led to a positive outcome.

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Describe a time you faced a challenge in a fast-paced environment. How did you handle it?

Share a specific example of a challenging situation you encountered in a previous role and explain the steps you took to resolve it. Focus on your problem-solving techniques and how you maintained composure under pressure.

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What tools and technologies are you familiar with in managing client accounts?

Discuss any relevant software or tools you have used in previous roles, such as CRM systems or project management software. Highlight your ability to quickly learn and adapt to new technologies, as this aligns with the requirements at Newfront.

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How do you ensure accuracy in policy documents and client communications?

Explain your strategies for ensuring accuracy, such as thorough proofreading, double-checking information, and utilizing checklists. Providing examples of how this has positively impacted your work will enhance your answer.

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Why do you think teamwork is important in the role of an Account Coordinator?

Emphasize the collaborative nature of the Account Coordinator role at Newfront. Discuss how teamwork enhances efficiency, fosters creativity, and leads to better client outcomes—reflecting Newfront's commitment to client success.

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

Stay updated on current trends in the insurance sector, such as the impact of technology or new regulatory changes. Share your insights with enthusiasm and connect them back to how you can use this knowledge in the Account Coordinator role at Newfront.

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How do you handle feedback and criticism?

Demonstrate a growth mindset by discussing your openness to feedback and how you use it to improve your performance. Provide examples of how constructive criticism has helped you in past roles.

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Accelerate building the modern insurance experience and transform a trillion dollar-market.

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BADGES
Badge ChangemakerBadge Future MakerBadge InnovatorBadge Rapid Growth
CULTURE VALUES
Mission Driven
Dare to be Different
Inclusive & Diverse
Empathetic
Growth & Learning
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 10, 2024

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