Associate Client Manager, Commercial Risk - Construction Practice at Foundation Risk Partners

Boston, Massachusetts, United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, ConstructionIndustries

Requirements

  • Strong analytical, research and problem-solving skills
  • High attention to detail and organization
  • Strong verbal and written communications skills
  • Customer relations and previous customer service experience preferred
  • Ability to multi-task and work effectively in a fast-paced team environment
  • Demonstrates the organization’s core values, exuding behavior that is aligned with the firm’s culture
  • Ability to work as part of a team of professionals and build relationships with other Firm business segments
  • Bachelor’s degree strongly preferred
  • Maintains all licenses as required by the State Department of Insurance to provide service, consultation, and financial risk transfer solutions in states where the firm functions or be willing and able to obtain them

Responsibilities

  • Responsible for gathering the information and risk management recommendations for renewals and for delivering renewals and/or binders as needed
  • Assists in managing all policy activity aspects of assigned accounts including endorsements and invoicing
  • Maintains a concern for timeliness and completeness when interacting with clients, the organization and Insurance Company Partners to minimize potential for errors and omissions claims
  • Receives phone calls and office visitors requesting quotes, changes to existing coverage and/or new policies
  • Determines acceptability and placement, completes applications or endorsements, and collects premium when applicable
  • Reviews existing accounts to determine if additional lines of insurance should be solicited and does so by mail and/or phone prior to renewal
  • Cultivates strong relationships with Insurance Company Partners and is responsible for knowing carrier requirements and attributes
  • Looks for opportunities to improve the firm, business segment and processes
  • Brings issues and discrepancies to appropriate leadership

Skills

Commercial Insurance
Risk Management
Policy Renewals
Endorsements
Invoicing
Client Servicing
Quotes
Applications
Binders
Premium Collection

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.

Land your dream remote job 3x faster with AI