Posted:
9/4/2024, 10:23:36 PM
Location(s):
New York, United States ⋅ New York, New York, United States
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Customer Success & Support ⋅ Sales & Account Management
Workplace Type:
Remote
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
Work Arrangements: This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations will have the expectation of working in an office (San Francisco, CA, Seattle, WA, Houston, TX, New York, NY, Morristown, NJ) 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.
The Account Manager, as part of Global Specialty Operations, will serve as a critical partner to the Ocean Marine Liability underwriting teams. The individual focuses on service experience & book of business management, while also acting as a key contact for underwriters and brokers. This is an individual contributor role without supervisory responsibilities. Strong communications skills are crucial. This position works in a team environment which can span multiple offices; however, the individual is expected to be able to exercise decision making skills and problem solving while working independently and prioritizing a high volume of workload. Complexity of work varies from standard, routine tasks to more complex problem solving and analytical assignments. Some project work may be assigned as needed.
Job Duties/Accountabilities
Renewal Analysis/loss analysis and prepping entire account for renewal quotes.
Prepare and issue Binders, Policies, Endorsements and follow up for missing subjectivities.
Some Rating analysis is required for renewal prep work and underwriting thought process.
Review and analyze Endorsement requests, escalate issues as required, process endorsements.
Complete Underlying policy analysis on each Excess policy and send for UW review. (Terms and Conditions, exposures, general information, aggregates etc.)
Serve as a point of contact for brokers and provide optimal customer service experience on behalf of the company.
Careful adherence to compliance standards and excellent maintenance of account files, underwriting documentation.
Participation in projects, as needed.
Routine, structured and high complexity of workflow and assignment work
Accountable for the overall and entire service experience, facilitating functional experts and delivering a differentiated experience. Penetrates the agency CSR relationship.
Builds and maintains relationships with key broker contacts and decision makers through regular interaction regarding renewal retention, quoting and delivery of excellent service. Effective at rebuilding “damaged” customer relationships.
Prepares submissions for rating and acts as the gatekeeper between the broker, Underwriter, and the Operations Service Center.
Main systems used
Outlook/Ascend/ Image Right/ Policy Decisions/ EBC/ web-based vendors.
Genius knowledge a plus but not required.
Underwriting Support
Performs initial prequalification on all renewal submissions, generates a summary of all findings.
Leads weekly huddle meetings with Underwriter and provides recommendations on renewal accounts.
Works independently to proactively maintain timeliness of information in the underwriting files.
Can negotiate skillfully in tough situations with both internal and external groups. Can win concessions without damaging relationships; focus is on win/win proposition for broker and company when reviewing renewal accounts.
Support sales efforts through an understanding of Global Specialty Ocean Marine Cargo strategies and industry programs, as well as makeup of assigned book of business and Underwriter territory, clear understanding of sales and business goals, top partner performance, and book mix.
Uses strong information gathering and diagnostic skills to solve problems.
Workflow distribution.
Coordinate activities for all supporting tasks (Rating, Broker information, Risk Engineering, etc.) on new business submissions and renewal accounts.
Prioritizes territory workload based upon varying service requirements and customer needs of different activities/transactions.
Monitors work performance to ensure quality objectives and service commitments are achieved.
Facilitates routing of tasks and work between brokers, underwriters, service team, and home office team.
Project / Backup support
Backs up other Account Managers as needed.
May support various projects as determined by Operations and/or underwriting staff.
Qualifications
Experience as a Commercial Insurance Account Manager (or related) at a carrier or agency required.
Knowledge of the following insurance coverages: Ocean Marine Liability strongly preferred
Functional knowledge of Commercial Lines rating experience
Strong Customer Service orientation and Relationship Building skills required.
Proactive; adaptable; comfortable with managing through ambiguity.
Ability to work in a fast-paced and high-volume work environment.
Superior communications skills (oral and written) are required to articulate the strategic concepts and objectives, exchange ideas and provide progress updates.
Professional Demeanor
Proficiency in Microsoft Word, Excel, and Power Point Software. Knowledge of ImageRight, other insurance platforms also desired
For full-time, occasional, part-time or remote positions: (1) high speed broadband internet service is required, we do not recommend or support DSL, wireless, Wifi, Hotspots, Fiber without a modem and Satellite; (2) Internet provider supplied modem/router/gateway is hardwired to the Hartford issued computer with an ethernet cable; and (3) minimum upload/download speeds of 75MB download/10MB upload will be required. To confirm whether your Internet system has sufficient speeds, please visit http://www.speedtest.net from your personal computer.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$53,280 - $79,920Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits
Website: https://www.thehartford.com/
Headquarter Location: Hartford, Connecticut, United States
Employee Count: 10001+
Year Founded: 1810
IPO Status: Private
Industries: Auto Insurance ⋅ Financial Services ⋅ Insurance