Executive Risk Account Executive

IMA Financial Group

$110K — $175K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in Executive Risk, including brokering, underwriting, or claims management
  • Proficiency in Microsoft Office products
  • Strong client interaction skills, capable of communicating complex ideas
  • Preferred executive risk designations such as MLIS or RPLU
  • Active Property & Casualty License
  • Bachelor's degree required; advanced degree in relevant field preferred

Responsibilities

  • Support and exemplify IMA's core values
  • Foster a culture of diversity, equity, and inclusion
  • Manage retail ERS engagements for new and renewal placements
  • Conduct client needs assessments and exposures analysis
  • Negotiate best-in-class coverage and maintain carrier relationships
  • Take ownership of complex or multi-line assigned accounts
  • Mentor and train other associates and clients on technical matters

Benefits

  • Annual performance bonus
  • Stock purchase options
  • Comprehensive medical, dental, and vision plans
  • Family assistance programs
  • Flexible spending accounts (FSA) and health savings accounts (HSA)
  • 401(k) retirement plan with employer contributions
  • Robust paid time off and holiday policy
  • Flexible work options and sabbaticals
  • Well-being stipend and professional development opportunities
  • Gift matching programs
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
  • Independent responsibility for all IMA retail ERS engagement for both new and renewal placements, including but not limited to:
  • RFP participation
  • assessment of client needs and exposures
  • marketing and placement
  • preparation of proposals
  • adherence to ERS/IMA retail workflows
  • carrier relationships
  • best in class coverage negotiation
  • regular client presentations, to both internal and external clients
  • claims advocacy
  • Primary ownership of and responsibility for assigned accounts (most of which will be complex or multi-line)
  • Takes an active role in mentoring & technical training of other ERS associates, internal staff, and clients
  • Claims advocacy as needed on complex claims
  • Proficiency with IMA Agency Management systems and organizational workflows
  • Understands the components of a financial statement and its underwriting implications
  • Understands entity organizational charts and its underwriting implications
  • Proficiency with EPIC/Agency Management workflow as well as other IMA organizational workflows and processes
  • Displays significant technical expertise in Management Liability (D&O, EPL, Fiduciary, Miscellaneous E&O, Crime and K&R)
  • Participates in the P&C workflow, including pre-renewal meetings, business reviews and various other client focused meetings
  • Minimal travel required

REQUIRED EXPERIENCE AND SKILLS include but are not limited to:
  • 7+ years of experience in Executive Risk within the brokering, underwriting, claims, legal, or risk management industry required
  • Proficiency with most Microsoft Office products
  • Expert client facing skills (ability to build confidence, articulate complex concepts, and deliver challenging messages)
  • Executive Risk/Management Liability specific designations preferred (MLIS, RPLU, other Insurance or Risk Management designations)
  • Property & Casualty License required
  • Bachelor's degree required; advanced degree in a relatable field viewed favorably

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Salary Range

$110,000-$175,000 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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