Alera Group, Inc. · 6 days ago
Commercial Lines Account Manager
Cleveland, OH
Full-time
Hybrid
Mid, Senior Level
$80K/yr - $105K/yr
5+ years expAlera Group, Inc. is looking for a Commercial Lines Account Manager to join their team. The role involves managing a book of business, providing technical support, and ensuring client satisfaction through various insurance-related tasks.
Employee BenefitsFinancial ServicesInsuranceRisk Management
Responsibilities
Manage and maintain an existing book of business, including handling renewals, audits, cancellations, and non-renewals in coordination with the Producer to ensure accuracy and client satisfaction
Provide technical support to the Producer by analyzing client needs, reviewing coverage forms, preparing quotations, and assisting in client and prospect meetings as needed
Complete and submit insurance applications to appropriate carriers, follow up to ensure timely receipt of quotes and policies, and process related documents like binders, certificates, and endorsements
Prepare insurance summaries, schedules, and proposals; invoice based on appropriate billing methods (direct or agency) and ensure accurate documentation is sent to clients
Review and verify policy details and audits for accuracy, coordinate necessary corrections between clients and carriers, and address policy change requests promptly
Respond to mail and phone inquiries, investigate cancellation reasons, attempt to retain accounts when possible, and process cancellations with financial consideration to the agency
Identify client loss exposures and recommend suitable coverage options; experience in designing fund management liability insurance for private equity and hedge fund clients is a plus
Qualification
Required
Minimum of 5+ years of experience in the insurance industry, with strong understanding of property and casualty lines
Possession of a valid Property & Casualty Agent's License, with in-depth knowledge of insurance products, markets, and underwriting procedures
Strong verbal and written communication skills, with the ability to explain complex insurance concepts clearly and professionally
Proven ability to interpret and analyze both concrete data and abstract information for decision-making and client guidance
Skilled in processing and understanding written materials and documentation with attention to detail and accuracy
Proficient in using computers and word processing software, with the ability to adapt to various digital tools and platforms
Capable of managing complex tasks involving multiple variables while maintaining accuracy, efficiency, and compliance
Preferred
Experience in designing fund management liability insurance for private equity and hedge fund clients is a plus
Benefits
Medical
Dental
Life and disability insurance
401k
Generous paid time off
Much more
Company
Alera Group, Inc.
Alera Group is a growing leader, reimagining the complex risk management, insurance and financial services delivery experience through intentional collaboration connecting clients to holistic solutions that protect and grow all they value most.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$1.1BKey Investors
Bank of MontrealGenstar Capital
2025-05-01Debt Financing· $1B
2023-04-12Private Equity· $100M
2017-01-04Private Equity
Leadership Team
Jim Blue
Chief Executive Officer
Alan Levitz
Executive Chairman
Recent News
2025-10-21
Company data provided by crunchbase