Commercial Insurance Manager

SFB

$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 5+ years of relevant experience
  • 5+ years in Commercial Lines Account Management
  • Proficient in Microsoft Office Suite
  • Excellent verbal and written communication skills
  • Ability to handle confidential information with sound judgment

Responsibilities

  • Supervise the Commercial Lines support team to achieve goals
  • Provide training and guidance for team members
  • Maintain technical knowledge of coverages and carrier guidelines
  • Monitor workflows and train team for consistency
  • Implement procedures to enhance department efficiency
  • Assist Producers with client issues
  • Conduct quality control reviews of team duties

Benefits

  • Medical, dental, and vision coverage
  • Flexible Spending and Health Savings Accounts
  • 401(k) matching
  • Tuition reimbursement
  • Employee referral program
  • Annual holiday reception and summer family outing
Full Job Description
This position can be based in our Woburn office.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

This leadership role will be responsible for supervising the Commercial Lines support team in maintaining, expanding, and servicing accounts. This role works closely with the Sales Management team to align both sales and service for a premier client experience. Please click on Job Title to read full description and qualifications.
  • Work with the Commercial Lines Account Managers to offer support, guidance and oversight to reach individual, department, and division goals.
  • Provides direction, training, and support to team members on their assigned accounts for renewal reviews.
  • Maintains technical knowledge of coverages, rating changes, and form changes to inform the team and strive to direct business with lead carrier partners.
  • Monitor's workflows, consistency with processes and procedures and provides training for team members.
  • Recommends and implements procedures to increase efficiency and effectiveness for the Commercial Lines department.
  • Supports Producers as needed for client issues.
  • Train newly hired Commercial Lines Account Managers on rating, quoting, new business applications, binders of insurance, endorsements, certificates of insurance, audits, renewal reviews, remarketing, invoicing/billing, and cancellations in accordance with office procedures, and any other relevant duties as necessary.
  • Provide quality control reviews of Commercial Lines Account Manager duties to ensure adherence to underwriting authority and guidelines as established by the various companies and internal procedures.
  • Assists with reviewing and correcting invoice discrepancies on a timely basis as needed.
  • Maintains operational efficiency by remaining up to date on agency management system changes and procedures through ongoing training, seminars, and industry conferences.
  • Special projects and other duties as assigned.
  • Demonstrate compliance with insurance laws and regulations
  • Assume additional responsibilities as requested.
  • Regular attendance is essential to this position.

SUPERVISORY RESPONSIBILITIES:
  • Carries out managerial responsibilities in accordance with the organization's policies and applicable laws. Staff management responsibilities include training employees, planning, assigning, and directing work, addressing complaints, and resolving problems.

EDUCATION and/or EXPERIENCE:
  • Bachelors' Degree or a minimum of five years related experience and/or training; or equivalent combination of education and experience.
  • Minimum of 5 years Commercial Lines Account Management experience or equivalent required.
  • Proficient in Microsoft Office Suite (Word, Excel, Access, Power Point).
  • Excellent verbal and written communication skills are essential.
  • Ability to perform effectively in an environment where confidentiality, maturity, sound judgment, initiative, and professionalism are required.

CERTIFICATES, LICENSES, REGISTRATIONS:

Property & Casualty Insurance License required.

Benefits/Incentives:

We offer a comprehensive benefits package designed to support your well-being and success, including medical, dental, and vision coverage; Flexible Spending and Health Savings Accounts; 401(k) matching; and tuition reimbursement. You will also enjoy additional perks such as our employee referral program, annual holiday reception, summer family outing, and more.

Salary Range: $90,000 - $120,000

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, and performance. This range may be modified in the future.

PHYSICAL DEMANDS:

The physical demands described here are representative of those, which must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; sit; climb; or balance; and stoop, kneel, crouch, or crawl; Specific vision abilities required by this job include close vision.

Ready to apply? If this job sounds like a fit for you, then click on Apply/Apply Now in this posting. We look forward to talking with you.

No unsolicited resumes accepted from agencies.

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