Job Information
Hub International Account Executive in Summit, New Jersey
HUB International Limited (“HUB”) is the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 18,000 employees in 750 offices throughout North America and Canada, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.
General Description: Responsible for the retention of assigned client accounts. Responsible for independently and proactively managing client accounts. Activities include, but not limited to renewal marketing, handling client questions and requests, and coverage review. Responsibilities may include aiding Sales Executives and Account Executives, if applicable. Required to perform essential functions and meet service standards and Best Practices developed by Hub.
Functions & Responsibilities:
Handle all aspects of Commercial Lines Property & Casualty Insurance. Occasional outside service visits, to the client, may be required.
Responsible for day to day servicing and retention of Client Accounts.
Provide technical expertise (knowledge of insurance 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.
Contribute information and ideas during strategy meetings. Prepare Stewardship reports. Maintain renewal expirations, avoid any lapse in coverage.
Responsible for marketing process. Preparation of submissions to carriers, including application preparation, loss analysis and including other pertinent information for professional, quality new and renewal submissions. In some instances, you will market accounts yourself, in others, you will work with the Marketing team to assist with the marketing of accounts. Submit to eligible and appropriate carriers and follow-up to ensure timely receipt of quotes and policies. Analyze and compare carrier quotes for proper coverages, terms, and conditions. Make insurance program recommendations.
Adhere to Commercial Lines Best Practices -- including written confirmation of new and renewal binding, evidence of coverage, changes to coverage and other related items.
Prepare proposals and summaries of insurance, as needed.
Respond to underwriters’ questions in a timely and professional manner.
Maintain a high degree of accuracy in agency management and document management systems.
Provide direction to clients in submitting first reports of claims, facilitate prompt response from carrier.
Identify exposure to loss and recommend appropriate coverage's in coordination with Sales Executive/Account Executive(s).
Prepare documents for and participate in weekly Critical Path meetings.
Experience and Skills Required:
A minimum of 7-10 years commercial lines experience
Four-year college Degree
Valid P&C License
Experience with servicing middle market and large account
Excellent written and verbal communication skills
Excellent organizational skills and strong attention to detail
Ability to establish and maintain relationships with clients and carriers
Ability to manage multiple responsibilities in a deadline driven environment
Strong presentation skills
Ability to work independently and collaboratively with a team
Ability to travel as needed
Proficiency with Microsoft Office Suite and working knowledge of EPIC (ideal)
Department Account Management & Service
Required Experience: 7-10 years of relevant experience
Required Travel: Negligible
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.
EEOAA Policy
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Hi, we’re HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
About HUB International
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.