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Commercial Lines Assistant Account Manager

Work from home Full-time role Hiring

Sovereign Insurance Group is a leader in the nonprofit, commercial property and casualty marketplace. They are seeking an Assistant Account Manager to assist in the day-to-day servicing of commercial lines clients, supporting Account Managers with new and renewal business while maintaining exceptional customer relations.

Responsibilities

  • Prepare submission material on all renewal accounts that need remarketing
  • Track expiration listing and independently initiate renewal process with both the carrier and client
  • Prepare renewal applications for client completion via our third-party application platform, manage communication with the client throughout the process of completion
  • Manage carrier and insured communications throughout renewal process
  • Initiate endorsement requests in operating system and submit to carriers
  • Handle questions, research and resolve problems
  • Interact with carriers and internal/external customers to ensure delivery of exceptional Customer service and adherence to policies and procedures
  • Follow up on receipt of loss runs and loss run recommendations, interpreting reports and explaining to insured as needed
  • Conduct negotiations with underwriters regarding policy premiums
  • Engage with underwriters to clarify or challenge information that is incomplete or inconsistent with established knowledge and coverage requirements
  • Prepare executive summaries and various renewal documents for presentation to clients
  • Work in a team environment on a specified book of business
  • Perform other duties as may be required or assigned

Skills

  • Bachelor's degree in a business-related program or equivalent experience in the insurance industry
  • Proven experience in commercial lines property & casualty account servicing preferred
  • A valid resident Property & Casualty insurance license is required
  • Proficiency in the use of Microsoft Office Suite
  • Knowledge of, or the ability to learn, AMS360 and ImageRight
  • Proactive and eager to gain expertise, market knowledge, and drive to deliver exceptional service
  • Knowledge of insurance regulations, industry standards, and compliance best practices
  • Ability to multitask and juggle several responsibilities simultaneously while meeting deadlines
  • Strong written and verbal communication skills
  • Excellent organizational skills and attention to detail
  • Ability to work in a team environment, with a positive attitude, and willingness to help others
  • Able to work under pressure and time constraints in a fast paced environment

Benefits

  • Health insurance
  • Vision
  • Dental
  • Life insurance
  • And more.
  • This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families
  • 401K with employer matching
  • PTO and paid holidays to support work-life balance.
  • PTO is based on experience and is expected to increase over time
  • A casual office environment with a dedicated and professional team
  • Hybrid opportunities in Tampa, FL and Berwyn, PA
  • Remote opportunities in DE, FL, LA, NJ, PA, SC, TX

Company Overview

  • Sovereign Insurance Group provides commercial property and casualty insurance. It was founded in 1959, and is headquartered in Berwyn, Pennsylvania, USA, with a workforce of 11-50 employees. Its website is https://www.sovinsurance.com.
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