Account Executive, Cyber Risk

IMA Financial Group

$100K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in placing Cyber insurance
  • Four-year college degree required, higher education preferred
  • P&C license required
  • Expert proficiency in MS Office products
  • Superior written and verbal communication skills
  • Strong client-facing skills for building trust and articulating complex concepts
  • Ability to travel as needed for presentations and networking
  • Skills in planning, organizing work independently, and problem-solving

Responsibilities

  • Support and demonstrate IMA's core values and commitment to diversity, equity, and inclusion
  • Engage in CRS for new and renewal placements including RFP participation
  • Assess client needs and exposures for tailored marketing and proposals
  • Advocate for claims and develop educational strategies for internal and external stakeholders
  • Collaborate with cross-functional teams to enhance client satisfaction and drive organizational growth
  • Manage an assigned book of business for SME and Mid-Market accounts
  • Enhance IMA's Cyber Digital Strategy as a product expert

Benefits

  • Annual performance bonus
  • Stock purchase plan
  • Medical, dental, and vision plans
  • Family assistance program and wellness stipends
  • 401(k) with employer match
  • Flexible work options and generous paid time off
  • Sabbatical opportunities and development programs
  • Gift matching to support philanthropic efforts
Full Job Description
ESSENTIAL JOB RESPONSIBILITIES include but are not limited to:
  • Supports and demonstrates IMA's core values
  • Values and understands the importance of diversity, equity, and inclusion among all IMA associates
  • Independently responsible for:
  • CRS engagement for both new and renewal placements, including but not limited to:
  • RFP participation
  • Assessment of client needs and exposures
  • Marketing, negotiation and placement, preparation of proposals, adherence to CRS/ IMA retail workflows, carrier relationships, best in class coverage, client presentations
  • Claims advocacy
  • Education strategies & publications: provide internal associates (service and sales), prospects and external clients / policyholders sophisticated education and product deliverables about Cyber Risk / Commercial E&O exposures, loss trends, regulatory matters and risk transfer options
  • As requested, participation in the ClientX Process - Internal Reviews, Business Reviews and various other stages / requests as needed
  • As needed, Inter-division collaboration with Sales / Marketing, Communications, Business Consulting, Client Advantage - ERM and various other teams to drive organizational growth and client satisfaction
  • Proficiency with EPIC / Agency Management workflow as well as other IMA organizational workflows/ processes
  • Responsible for supporting the placement and brokering of SME and Mid-Market accounts across the IMA enterprise, including management of an assigned book of business.
  • In collaboration with the SME and Digital Strategy Leader, enhance IMA's Cyber Digital Strategy and serve as a product expert for the IMA Cyber Portal across the IMA enterprise.


REQUIRED EXPERIENCE AND SKILLS include but are not limited to:
  • 3+ years of experience placing Cyber insurance
  • Four-year college degree required, higher education preferred
  • P&C license required
  • Expert MS Office products
  • Superior written and verbal communication skills required
  • Expert Client Facing Skills (ability to build confidence, articulate complex concepts, deliver challenging messages)
  • Travel required as needed for RFP presentations, client presentations, internal / external networking
  • Executes strategy through others to create alignment, a positive mindset and build capability in people and collaborate effectively with others
  • Leads processes, understand the business, including its critical interdependencies, and the short and long-term trade-offs of decisions
  • Demonstrates support for innovation and changes needed to improve organization effectiveness
  • Adapts to stressful situations
  • Capacity and understanding of network security and privacy principles
  • Ability to effectively plan and organize work independently
  • Takes initiative to establish goals, create deliverables and ownership of any corporate / CRS strategies, initiatives or business needs
  • Expresses oneself effectively both orally and in written form
  • Ability to view situations or business scenarios in an objective manner and offer solutions accordingly
  • Use different problem solving / conflict resolution / critical thinking strategies to assist clients with insurance related decisions or challenges


COMPETENCIES & TRAITS:
  • Professionalism
  • Business Acumen
  • Agility/Flexibility
  • Problem Solving
  • Intellectual curiosity


Salary Range

$100,000-$200,000 USD

Compensation & Benefits

Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Well-Being Stipend, Personal and Professional Development. In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate's geographic location, prior relevant experience, and their knowledge, skills, and abilities.

*These benefits do not apply to internship roles.

This Job Description is not a complete statement of all duties and responsibilities comprising this position.

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