Personal Lines High Net Worth Account Executive

Personal Lines High Net Worth Account Executive

Property & Casualty Insurance Industry

New York, NY

About the Role

Personal Lines High Net Worth Account Executive is responsible for staying current on changes in clients lifestyle that impact their risk profile and coverages, conducting annual reviews of clients insurance program, negotiating with carriers on clients behalf, solutions to clients. Account Executive is also responsible for new business generation by obtaining referrals from existing clients and centers of influence and expanding relationships with current clients. Based on detailed market knowledge, and recommending appropriate coverages, limits, stewardship program and risk management. This position is critical to successfully support a book of business to our Ultra High Net Worth Clients.

Responsibilities

• Prepare and manage new business and renewal marketing 120 days prior to renewal
• Analyze exposure data
• Recommend appropriate coverage enhancements for High Net Worth clients
• Coordinate quoting and renewals with carrier underwriters
• Negotiate terms when appropriate
• Remain informed on carrier appetite and product changes

Qualifications

• NY Property & Casualty (P&C) License
• 10+ years personal lines insurance experience; preferably working with HNW clientele
• Proficiency in Microsoft Office-Word & Excel
• College Degree, preferred
• Professional designations a plus, e.g. CPCU, CIC, etc.
• Previous experience with AMS 360 or similar system preferred

Strong negotiation skills

• Excellent communication skills
• Ability to analyze data and make recommendations

Experience with High Net Worth clientele

• Familiarity with insurance market trends