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Federated Insurance

Mutual insurer of property, casualty, life

Account Manager

Insurance Sales & AgencyConfirmed live in the last 24 hours
Full-timeBaxter, MN, USA

About the Job

Requirements

  • A bachelor's degree or equivalent work experience in customer service is required.
  • At least 2 years of insurance experience is preferred.
  • A Property and Casualty insurance license is required.
  • Strong negotiation skills and numerical aptitude are required.
  • Proficiency in Microsoft Office Suite or related software is required.
  • Ability to prioritize and multitask in a fast-paced environment is required.
  • Excellent written and oral communication skills, customer focus, and decision-making abilities are required.
  • Ability to retain confidential information and quickly recall important details is required.
  • Candidates must be legally authorized to work in the United States for any employer.
  • Candidates must obtain and maintain the licenses necessary to perform the role.

Responsibilities

  • Collect, evaluate, and submit insurance exposures for new business, renewal business, and specialty lines.
  • Collaborate and negotiate terms and pricing with underwriters and brokers.
  • Communicate with sales representatives and clients about policy and coverage concerns, including losses, premiums, claims, and audits.
  • Maintain accurate data in the management system and prepare required reports.
  • Service accounts by handling renewals, policy changes, claims, endorsements, cancellations, certificates, and related tasks.
  • Provide expertise and serve as a resource for coverage, commissions, payment plans, and other agency operations.

About the Company

Federated Insurance

Mutual insurer of property, casualty, life

Federated Insurance provides property, casualty, and life insurance services for businesses and farmers in the United States. Its products include tailored coverage options, risk management services, and ongoing support to help policyholders protect assets and ensure business continuity. The company collects insurance premiums and invests the funds to meet policyholder obligations, operating as a mutual company owned by its policyholders rather than shareholders. This structure emphasizes long-term value and customer success over short-term profits. Federated is distinguished by its mutual ownership, strong financial stability (A.M. Best rating of A Superior), and a focus on mid- to large-sized businesses and farmers, offering personalized solutions across various industries. Its goal is to help clients manage risk, safeguard assets, and maintain business operations through stable, long-term coverage.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Owatonna, MN
Founded
1904

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