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Surety Account Executive* Commercial Insurance

Company: Alliant Insurance Services
Location: San Diego
Posted on: September 15, 2020

Job Description:

With a history dating back to 1925, Alliant Insurance Services is one of the nation s leading distributors of diversified insurance products and service As one of the 10 largest insurance brokerage firms in the U.S., Alliant operates through a national network of offices providing property and casualty, workers compensation, employee benefits, surety, and financial products an services to clients nationwide. Summary Responsible for negotiating with surety underwriters for best terms, conditions and competitive pricing for existing and new clients. Acts as the primary point of contact for assigned surety clients and oversees surety account servicing. Essential_Duties_And_Responsibilities * Assists in the servicing of accounts by managing clients surety programs and keeping Producers up-to-date on new products, coverage s and market trends, where applicable; * Develops and delivers surety and industry related presentations/seminars to clients and prospects audiences independently or in conjunction with Producers; * Maintains a strong knowledge of surety market conditions on a macro and micro level (i.e. specific understanding of each surety market appetites); * Brokers surety programs for all clients including compilation of submissions, matching surety to client, financial analysis, capacity analysis, character analysis and development of brokering strategies; * Prepares marketing proposals for new surety submissions as well as new business opportunities by analyzing and defining the risk exposure and coverage required; * Identifies specific client risk exposure and develops and presents innovative coverage solutions in support of existing/new business growth; * Ensures all existing account programs are renewed on a timely and accurate basis; provides analysis of required financial and underwriting information from the client for the surety; * Establishes and maintains strong relationships with the underwriting community for the ultimate benefit of the client; * Manages correspondence, reports and presentations; * Coordinates the efforts of the technical and support staff to service clients effectively and efficiently to deliver seamless service to the client; * Willingness to take on additional responsibilities in the day-to-day operations of the surety team, leading by example by demonstrating and sharing with all lines of business the importance of best practices; * Meets with clients as needed or directed by producer; * Reviews accounting history, responds to accounting inquiries, corrects discrepancies and contacts client on receivable collections; * Serves as technical expert, assisting department members to resolve complex issues; * Collection of fees, reconciliation and resolution of any outstanding balances within 90 days of invoicing date; * Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information); * Other duties as assigned. QUALIFICATIONS Education_/_Experience Bachelor s degree or equivalent combination of education and experience 8 - 10 years related work experience; surety underwriting experience a plus 3_-_5_Minimum_Years_Of_Broking_Experience_Preferred Valid insurance license required Must continue to meet Continuing Education requirements for license renewal Skills Excellent verbal and written communication skills Good leadership, problem solving, and time management skills Strong negotiation skills Working knowledge and understanding of construction accounting Advanced analytical skills Good planning, organizational, and prioritization skills Proficient in Microsoft Office products We are proud to provide comprehensive, high quality employee programs to meet employees needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer. For immediate consideration for this position, please click on the Submit Resume button. Alliant Insurance Services, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status. If you are applying for a job and need a reasonable accommodation for any part of the employment process, please call our Career Center at 1- and let us know the nature of your request and contact information. Show moreShow less

Keywords: Alliant Insurance Services, San Diego , Surety Account Executive* Commercial Insurance, Other , San Diego, California

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