Commercial Lines Account Manager

Ky-Shelbyville-Remotemid

OtherCommercial Lines Account Manager

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Quick Summary

Overview

Benefits: 401(k) matching Competitive salary Flexible schedule Paid time off McDaniel Insurance Agency is seeking a dedicated Commercial Lines Account Manager to join our team.

Technical Tools

OtherCommercial Lines Account Manager

Benefits:

401(k) matching
Competitive salary
Flexible schedule
Paid time off

McDaniel Insurance Agency is seeking a dedicated Commercial Lines Account Manager to join our team. The ideal candidate will be a team player who thrives in a supportive, cooperative environment and is committed to delivering outstanding service to our commercial clients.

Benefits/Perks:

Competitive Pay and bonus opportunities based on experience and qualifications
Opportunities for professional development and career advancement
A collaborative and supportive work environment
Flexible working arrangements
401(k) plan with company match
Paid Volunteer Hours & Give Back Opportunities
Join our team and take the next step in your career as a Commercial Lines Account Manager

Responsibilities

Manage the quoting and marketing process for new commercial lines opportunities.
Review submissions received from producers and account managers for completeness and marketability.
Determine whether an account is best suited for the Standard/Admitted market or the Excess & Surplus (E&S)/Non-Admitted market.
Identify the most appropriate insurance carriers, wholesalers, MGAs, and specialty markets based on class of business, underwriting appetite, coverage needs, loss history, and pricing.
Prepare and submit applications, supplemental applications, loss runs, exposure information, and other required underwriting documentation.
Quote new business through carrier portals, comparative raters, direct carrier submissions, wholesalers, MGAs, and brokerage partners.
Market accounts to multiple appropriate markets when necessary to obtain competitive options.
Communicate with standard carrier underwriters, E&S underwriters, wholesalers, and brokers regarding submissions, underwriting questions, pricing, and coverage options.
Negotiate with markets when appropriate to obtain favorable terms and conditions for the client.
Compare quotes for pricing, coverage, deductibles, exclusions, endorsements, subjectivities, minimum earned premiums, and other important differences.
Clearly communicate differences between Standard/Admitted and E&S/Non-Admitted options when presenting alternatives to the producer.
Provide producers with organized quote comparisons and recommendations to assist with presenting options to prospects.
Maintain accurate records of submissions, quotes, declinations, and market responses in the agency management system.
Work with internal account manager and producers to establish a renewal remarketing schedule that allows adequate time to approach to remarket to other carriers.
Obtain updated applications, loss runs, payroll, sales, property values, vehicle schedules, driver information, and other exposure information needed for remarketing.

Qualifications

Experience: Minimum of 3-5 years of experience in commercial lines insurance.
Education: Property & Casualty Insurance License.
Excellent communication and interpersonal skills.
Strong analytical and problem-solving abilities.
High attention to detail and organizational skills.
Agency Management System experience & Microsoft Office.
Team Player: Demonstrated ability to work effectively within a team, contributing positively to team dynamics and supporting colleagues as needed.
Customer Focused: Passionate about providing exceptional service and building long-term client relationships.
Adaptability: Ability to thrive in a fast-paced environment, managing multiple priorities and deadlines effectively.

This is a remote position.