Commercial Lines Account Manager at Foundation Risk Partners

Edison, New Jersey, United States

Foundation Risk Partners Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • In-depth knowledge of P&C coverages, carriers, and the insurance marketplace within a brokerage setting
  • Proven experience in marketing and maintaining strong carrier relationships
  • Proficiency with Agency Management Systems, particularly Applied Epic
  • Experience in the healthcare industry is highly desirable
  • Highly organized with the ability to manage multiple priorities and deadlines
  • Self-motivated and capable of working independently with minimal supervision
  • Collaborative team player willing to support departmental needs
  • Associate’s degree or equivalent experience preferred
  • 3–5 years of experience in P&C account management required
  • Prior experience managing healthcare-related accounts is a plus

Responsibilities

  • Manage the full lifecycle of commercial property & casualty (P&C) policies, from inception through renewal
  • Maintain accurate and up-to-date account records, including auditing and documentation
  • Serve as a primary point of contact for clients, prospects, carrier underwriters, finance companies, and internal teams
  • Support special projects and perform additional duties as assigned

Skills

Key technologies and capabilities for this role

Applied EpicP&C InsuranceCommercial LinesCarrier RelationshipsAgency Management SystemsAccount ManagementPolicy AuditingClient Servicing

Questions & Answers

Common questions about this position

What is the salary range for the Commercial Lines Account Manager position?

The estimated salary range is $60,000 - $100,000 USD, though actual salaries may vary based on factors like performance, location, and experience.

Is this position remote or does it require working in an office?

This information is not specified in the job description.

What key skills and experience are required for this role?

Candidates need in-depth knowledge of P&C coverages, carriers, and the insurance marketplace, proven experience in marketing and maintaining carrier relationships, proficiency with Agency Management Systems like Applied Epic, and 3–5 years of P&C account management experience.

What is the company culture like at Foundation Risk Partners?

The company seeks proactive team players who thrive in a fast-paced environment, with a supportive team of experienced professionals emphasizing customer service, professionalism, and integrity.

What benefits does Foundation Risk Partners offer?

FRP offers a comprehensive range of health-related benefits including medical, vision, and dental, plus a 401(k) with company match and company-paid life insurance.

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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