Senior Commercial Lines Account Manager Boulder, Colorado

Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Commercial Lines Account Manager to their Balsiger Insurance team in Boulder, CO.

The Account Manageris responsible forassistingthe P&C Producers and clients with all servicing needs andprovidinginformation and guidance, as needed, to help to achieve the business goals. The Account Managermaintainsan effective relationship with clients, co-workers, carriers,vendors,and other business contacts.

The Account Manager is also responsible for keeping abreast of industry trends, new product information, legislation,coverages,and technology to continuously improve the knowledge and performance of the agency.

• Provides technical support toP&CProducers;specifically in managing client needs, analyzing coverage forms and quotations
• AccompaniesP&C Producers on client and prospect meetings as requested
• Completes client applications in coordination with P&C Producers;submits applications to eligible and appropriate carriers; follows up to ensuretimelyreceipt of quotations,endorsements,and policies
• Orders and issues binders, certificates, policies,endorsements,and other related items; verifies their accuracy; forwards them to client with appropriate correspondence with theassistanceof the Associate Account Consultant.
• Determines if direct billing, agency billing or premium financing isappropriateand invoices accordingly
• Prepares summaries of insurance, schedules and proposals as needed
• Processes renewals in coordination withP&C Producers according to agency procedures. Occasionally takes lead in renewal meeting with the client, strategy determination,marketing and carrier negotiations.
• Reviews audits of policies; verifies accuracy andfacilitatescorrections, as needed, between client and carrier
• Verifies policy and policy change information,facilitating corrections when necessary
• Processes incoming mail and phone requests, responding promptly and appropriately
• Uses agency credit and collection policy in invoicing and pursuing prompt payments;request cancellations from the carrier according to agency standards
• Determines reasons for requests for cancellations; acts to save accounts; notifies P&C Producers
• Processes and following up on cancellation requests to carriers to ensureaccurateandtimelyresolution;maintains agency in financial equity whenever possible
• Identifies exposure to loss and recommends appropriatecoveragesin coordination withP&C Producers
• Prepares premium allocations for clients as needed

• Ability to analyze complex insurance situations, needs and options and communicate these options both verbally and in writing in a clear, concise manner
• Ability to understand written and oral communication and interpret abstract information.
• Knowledge of insurance products and usages
• Knowledge of insurance markets and reference to markets
• Knowledge of insurance rating and underwriting procedures
• Ability to carry out complex tasks with many concrete and abstract variables.
• Strong computer skills withproficiencyin Outlook, Excel, Word and AMS-360
• Ability to direct others
• Ability to work independently and take the lead on all elements of client servicing when necessary
• Advanced negotiation and presentation skills
• Ability to manage tight deadlines

• Bachelor’s degree with a minimum of 2 years insurance experience
• Property, Casualty Producers License

This range represents the estimated low and high end of the salary range for this position. Actual salaries will vary and may be above or below the range based on factors including but not limited to performance, location, and experience. The range listed is just one component of FRP's total compensation…