Account Executive - New England
IDMWORKSSalary not specified
Full Time
Entry Level & New Grad
Associate Advisor, Commercial Risk - ( Must be based within the New England area - MA, NH, ME, RI, CT, VT ) at Foundation Risk Partners
Kingston, Massachusetts, United States
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- Must be based within the New England area (MA, NH, ME, RI, CT, VT)
- Maintains all licenses as required by the State Department of Insurance or be willing and able to obtain all required licenses within the first 90 days of employment
- Excellent communication and presentation skills
- Strong ability to persuade, motivate, and influence others
- Demonstrates the organization’s core values, exuding behavior aligned with the firm’s culture
- Basic knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
- Ability to learn any other appropriate program or software system used by the firm as necessary
- Ability to work in a fast-paced, multi-tasking environment
Responsibilities
- Generate, prospect, solicit, and close new accounts
- Begin to retain existing clients
- Identify and generate new sales opportunities through analysis and discovery
- Participate in sales meetings to review sales activities and prospective customers with leadership
- Develop a full working knowledge of commercial lines products and procedures
- Learn to present proposals professionally, reviewing coverages in detail to ensure understanding
- Maintain an understanding and knowledge of insurance industry and underwriting criteria for Insurance Company Partners
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Associate Advisor position?
This information is not specified in the job description.
Is this role remote or does it require a specific location?
You must be based within the New England area (MA, NH, ME, RI, CT, VT).
What skills are required for this role?
Excellent communication and presentation skills, strong ability to persuade, motivate, and influence others, basic knowledge of Microsoft Office Suite, and ability to learn firm software are required.
What is the company culture like?
It's a supportive environment where smart, dedicated, ambitious people work hard, brainstorm often, laugh a lot, challenge themselves, and learn new skills, with emphasis on core values and mentorship.
What makes a strong candidate for this position?
Candidates who demonstrate the organization’s core values, have excellent communication and persuasion skills, are willing to obtain required insurance licenses within 90 days, and thrive in a fast-paced environment.
Foundation Risk Partners
Insurance brokerage and consulting services
About Foundation Risk Partners
Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.
Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation
Risks
Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.
Differentiation
Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.
Upsides
AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.
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