Foundation Risk Partners

Surety Client Manager - Construction Practice

United States

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

Requirements

Candidates should possess a Bachelor's degree in Business, Finance, or a related field, along with a minimum of 5 years of experience in commercial insurance, particularly within the surety or construction industry. Strong communication and interpersonal skills are essential, as is the ability to manage client accounts effectively.

Responsibilities

The Surety Client Manager will maintain client files accurately, compose professional correspondence, monitor claims according to agency procedures, and communicate claims information to relevant parties. They will assist with accounting functions, attend client meetings, provide guidance to insureds, and actively seek referrals to generate new business. Additionally, the role involves reviewing policies, certificates, and financial statements, as well as counseling clients on coverage and recommending additional insurance programs.

Skills

Client Management
Insurance
Risk Management
Communication
Account Management
Claims Monitoring
Documentation
Mathematical/Accounting Skills

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.

Key Metrics

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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