USI Insurance Services · 20 hours ago
Account Manager - Surety
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Responsibilities
Maintain 92% retention of Client Accounts.
Provide technical expertise (knowledge of surety coverages and products, staying abreast on industry updates and changes) to Sales Executive/Account Executive(s); specifically in analyzing client needs, coverage forms and quotations during the sales process on new and renewal business.
Execution of client requests and problem solving in accordance with the objectives and procedures based on USI Core Values and Standards.
Capture, assist, design and manage the service platform.
Occasional outside service visits, to the client, may be required.
Maintain renewal expirations, avoid any lapse in coverage.
Responsible for marketing submissions to carriers, including application preparation and other pertinent information for professional, quality new and renewal submissions. Submit to eligible and appropriate carriers and follow-up to ensure timely receipt of approvals, quotes and bonds.
Respond to underwriters questions in a timely and professional manner.
Adhere to Surety Best Practices – including written confirmation of new and renewal binding, evidence of coverage, changes to coverage and other related items.
Maintain a high degree of accuracy in agency management and document management systems. Adhere to Imageright workflows.
Immediately forward any claim notices to the appropriate person at the carrier while simultaneously notifying the Producer; facilitate prompt response from carrier
Adhere to Surety Company’s granted Line of Authority
Direct work to Surety Account Representatives.
Maintain underwriting e-files. Maintain up-to-date financial files on active accounts, work-in-progress schedules, requesting information when appropriate
Keep Surety Team Leader/Producers informed of items over 60 days
Other projects or duties, as needed.
Qualification
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Required
Specific knowledge of bonds, bond market selection and bond issuance are required in this position.
Must hold state Property & Casualty insurance license or willing to obtain one within an agreed upon timeframe.
Notary License required or obtain within first year of employment (varies by office).
Must be comfortable with internet based programs as well as intermediate knowledge of Microsoft office products.
Ability to work in a fast paced environment with minimal instruction and a high degree of accuracy.
Sets priorities and manages work flow to ensure efficient, timely and accurate processing of transactions and other responsibilities.
Ability to work in a team environment.
Keep informed regarding industry information, new product information, legislation, coverages and technology to continuously improve knowledge and performance.
Interact with others effectively by utilizing good communication skills, cooperating purposefully and providing information and guidance, as needed, to achieve the business goals of the company.
Preferred
College degree preferred, but not required.
Knowledge of Sagitta/ImageRight preferred, but not required.
Benefits
Medical
Wellness
Dental
Vision
401(k)
Flexible spending and health savings accounts
Short and long-term disability
Life insurance
Paid time off policy
Paid family leave benefit
Paid holiday time
Company
USI Insurance Services
USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services.
Funding
Current Stage
Late StageTotal Funding
$1BKey Investors
Kohlberg Kravis Roberts
2023-09-11Private Equity· $1B
2017-03-17Secondary Market
2017-03-17Acquired
Leadership Team
Recent News
Globe Newswire
2024-06-03
2024-05-17
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2024-05-06
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