Stephens Inc

P&C Commercial - Senior Account Manager

Stephens Inc • $74K — $118K *
Little Rock, AR 72204In-Person
Finance & Insurance
5 - 7 years of experience
6 days ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field
  • 7+ years of related experience
  • 5+ years in a Senior Account Manager role
  • Property & Casualty Insurance License
  • Ability to obtain other required insurance licenses

Responsibilities

  • Assist Account Executives with client servicing and administrative tasks
  • Prepare and send submissions to insurance underwriting markets
  • Maintain timelines for the renewal process
  • Provide service to clients regarding their accounts
  • Invoice transactions related to premiums and fees
  • Conduct coverage analysis for review by senior team members
  • May mentor junior team members and review their work

Benefits

  • Comprehensive benefits package as detailed on the company's career page
  • Opportunities for professional development
  • Supportive leadership and team collaboration environment
  • Potential for supervisory responsibilities for aspiring leaders
  • Flexible working conditions to accommodate client needs
Full Job Description
Assist Account Executives and other senior members of account teams in management of mid- to large commercial property & casualty accounts; provide customer service, administrative/ technical, and sales support. Maintain relationships with clients and insurance carriers, as well as support staff to provide the best service possible.

Demonstrated ability to manage assigned accounts with little oversight from the Account Executive or Producer and provide direction to other Account Managers and Assistance Account Managers as needed.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Assist Account Executives servicing existing and prospective customers by performing data entry of information, as well as other tasks related to client and/or their current policies.
  • May be required to travel with Account Executive to meet with clients.
  • Prepare submissions to insurance underwriting markets for review by Account Executive/Supervisor.
  • Send submissions to insurance underwriting markets and negotiate renewal, as directed by Account Executive/Supervisor.
  • Maintain and follow timelines for renewal process.
  • Provide service to existing clients, assisting them with questions, problems, changes, certificates, or other issues regarding their account.
  • Contact client for updated renewal information, order loss runs, and update applications and/or spreadsheets for marketing.
  • Assist account executive and in-house marketing specialists as necessary.
  • Respond to requests for any additional information requested by various markets.
  • Prepare, process, review and monitor policies, renewals, applications, changes, endorsements, binders, contracts, audits, etc. to ensure accuracy and prevention of errors and omissions.
  • Support the sales function through account rounding of existing accounts (new lines of coverage/limits, gaps, and upgrades) by referring new sales opportunities to Account Executives and/or other departments.
  • Policies and Endorsements: enter data, maintain suspense system, scan and attach documents, review and attach spreadsheets for Statement of Value, automobile fleet lists, etc.
  • Invoice transactions for premiums, agency fees, company fees, taxes, etc. and other accounting related functions. Prepare spreadsheets for allocation of premium as requested.
  • Surplus line accounts: check requirements by state to ensure state guidelines are followed with regard to approved carriers, taxes, fees, completion and filing of documents, etc.to avoid fines that may be imposed by states.
  • Assist with and/or complete coverage analysis for review by Account Executives or other senior members of account team.
  • May mentor Assistant Account Managers and/or other junior members of team and review their work.
  • Prepare presentations for client renewals.
  • Coordinate additional services with other teams, including Claims, Loss Control, Management Liability and/or Benefit groups.
  • Perform other tasks as assigned by management.


SUPERVISORY RESPONSIBILITIES

  • May have supervisory oversight of Customer Service Representatives, Assistant Account Mangers and Account Managers that are part of the account team.


EDUCATION AND/OR EXPERIENCE

  • Bachelor's degree in a related field.
  • 7+ years of related experience and/or training and 5+ years in a Senior Account Manager role.
  • Equivalent combination of education and experience.


CERTIFICATIONS, LICENSES, AND REGISTRATIONS

  • Property & Casualty Insurance License.

  • Appropriate insurance licenses in each state where business is being solicited.

  • Ability to obtain other licenses as required.


SALARY RANGE

$74,000-$118,400

For benefits information, please visit https://www.stephens.com/careers/benefits.

About Stephens Inc

Stephens Inc is a privately held financial services firm that provides investment banking, wealth management, and asset management services to individuals, corporations, and municipalities. The company was founded in 1933 and is headquartered in Little Rock, Arkansas. Stephens Inc has over 1,000 employees and operates in 30 locations across the United States. The firm has a strong reputation for its expertise in the healthcare, technology, and energy sectors. Stephens Inc is committed to giving back to the community and supports a variety of charitable organizations.
Learn more about Stephens Inc
Size
2,900 employees
Industry
Finance & Insurance
* Ladders Estimates

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