Commercial Lines Sales Agent - Direct Distribution
NationwideSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Client Executive, Commercial Insurance - Insurance Advisory Solutions Northeast at Foundation Risk Partners
Kingston, Massachusetts, United States
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- Excellent verbal and written communication skills that inspire loyalty and commitment from others
- Ability to analyze complex risk exposures, existing insurance coverages, and develop and communicate appropriate recommendations for clients and prospects through risk mapping
- Intermediate to advanced knowledge of Microsoft PowerPoint, Outlook, Excel, and Word
- Exceptional technical knowledge of insurance coverage, contracts, insurance market conditions and carrier underwriting appetites
Responsibilities
- Responsible for the tactical & operational leadership in the design, development, implementation, administration, and communication of accounts
- Functions at a strategic level to develop and retain consultative relationships with clients
- Conducts annual reviews of client’s insurance program(s), negotiating with carriers on client’s behalf based on detailed market knowledge
- Recommends appropriate coverages, limits, and risk management solutions to clients
- Acquires and retains large, complex clients through a deep understanding of risk, risk mitigation, and insurance architecture and the ability to leverage and effectively communicate that knowledge in direct alignment with client operations
- Develops trusted partnerships with key insurance company partners and broker representatives
- Leads internal discussions on client renewals including coverage comparisons, pricing comparisons, historical loss experience, and projected loss picks
- Prepares complex submissions for the marketplace, including loss picks, deductible stratification, endorsement requests, and exposure information
- Coordinates client team to ensure service standards and key deliverables exceed clients’ expectations
- Assesses final audits to ensure accuracy between client and insurance company partner audit teams’ identification of risk
- Actively builds trusting relationships with clients, insurance company partners and brokers, and the firm’s advisors, partners, and leaders through personal integrity and industry expertise
- Shares deep insurance expertise with firm’s advisors, client managers and other colleagues to advise, develop and train
Skills
Commercial Insurance
Risk Management
Carrier Negotiation
Client Renewals
Loss Picks
Deductible Stratification
Exposure Analysis
Insurance Architecture
Market Knowledge
Coverage Recommendations
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.
Related Jobs
RemoteRemoteAccount Executive, Strategic Accounts
AirtableSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteDigital Insurance Agent
InsurifySalary not specified
RemoteBroker Manager
Devoted HealthSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteStrategic Accounts Director
Kalepa$160,000 - $190,000/year
- Full Time
- Junior (1 to 2 years)
RemoteInsurance Licensing Specialist (Contract)
The ZebraSalary not specified
RemoteSales Director - Commercial Northeast
FlashpointSalary not specified
RemoteInsurance Sales Representative
Kin InsuranceSalary not specified
RemoteCommercial Account Manager
CohesitySalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteWholesale Broker
AnzenSalary not specified
- Full Time
- Junior (1 to 2 years)
RemoteLicensed Sales Agent (Property & Casualty, Personal Lines)
Kin InsuranceSalary not specified
RemoteInternal Quality Assurance Program Manager
OkloSalary not specified
- Full Time
- Senior (5 to 8 years), Expert & Leadership (9+ years)
RemoteInsurance Strategy Consultant
HumanaSalary not specified
RemoteSenior Account Executive
ClassDojoSalary not specified
- Full Time
- Senior (5 to 8 years)