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Sovereign Insurance Group · 1 day ago

Commercial Lines Assistant Account Manager

Berwyn, PA

Full-time

Hybrid

New Grad, Entry Level

$60K/yr - $75K/yr

Sovereign Insurance Group is a leader in the nonprofit, commercial property and casualty marketplace. They are seeking an Assistant Account Manager to assist in the day-to-day servicing of commercial lines clients, supporting Account Managers in handling new and renewal business while maintaining exceptional customer relations.

Commercial InsuranceHealth InsuranceInsuranceProperty Insurance

Comp. & Benefits

Responsibilities

Prepare submission material on all renewal accounts that need remarketing

Track expiration listing and independently initiate renewal process with both the carrier and client

Prepare renewal applications for client completion via our third-party application platform, manage communication with the client throughout the process of completion

Manage carrier and insured communications throughout renewal process

Initiate endorsement requests in operating system and submit to carriers

Handle questions, research and resolve problems

Interact with carriers and internal/external customers to ensure delivery of exceptional Customer service and adherence to policies and procedures

Follow up on receipt of loss runs and loss run recommendations, interpreting reports and explaining to insured as needed

Conduct negotiations with underwriters regarding policy premiums

Engage with underwriters to clarify or challenge information that is incomplete or inconsistent with established knowledge and coverage requirements

Prepare executive summaries and various renewal documents for presentation to clients

Work in a team environment on a specified book of business

Perform other duties as may be required or assigned

Qualification

Property & Casualty LicenseCommercial Lines ExperienceMicrosoft Office SuiteAMS360 KnowledgeInsurance Regulations KnowledgeMultitaskCommunication SkillsOrganizational SkillsTeamworkAttention to Detail

Required

Bachelor's degree in a business-related program or equivalent experience in the insurance industry

Proven experience in commercial lines property & casualty account servicing preferred

A valid resident Property & Casualty insurance license is required

Proficiency in the use of Microsoft Office Suite

Knowledge of, or the ability to learn, AMS360 and ImageRight

Proactive and eager to gain expertise, market knowledge, and drive to deliver exceptional service

Knowledge of insurance regulations, industry standards, and compliance best practices

Ability to multitask and juggle several responsibilities simultaneously while meeting deadlines

Strong written and verbal communication skills

Excellent organizational skills and attention to detail

Ability to work in a team environment, with a positive attitude, and willingness to help others

Able to work under pressure and time constraints in a fast paced environment

Benefits

Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families.

401K with employer matching.

PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time.

A casual office environment with a dedicated and professional team.

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