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Full-Time

Account Executive

Posted on 6/28/2024

Newfront Insurance

Newfront Insurance

201-500 employees

Modern insurance brokerage offering tailored solutions

Fintech
Financial Services

Compensation Overview

$100k - $137kAnnually

Senior, Expert

Remote in USA

This is a US based hybrid or remote role, with the option to work from any of Newfront's office locations. Will be considered hybrid if living within 25 miles of a Newfront office location.

Category
Field Sales
Strategic Account Management
Sales & Account Management
Required Skills
Communications
Management
Customer Service
Requirements
  • Excellent negotiation and communication skills
  • Professional composure and exceptional customer service skills
  • Advanced knowledge of Microsoft Office
  • Ability to be resourceful and take initiative
  • Excellent management skills
  • Adaptability and flexibility
  • Exceptional time management skills
  • Ability to learn and adopt technology systems
  • Excellent at multi-tasking
  • Advanced project planning skills
  • Ability to forge relationships and build trust
  • Minimum of 7 years experience in the industry
  • Property and Casualty Insurance license
Responsibilities
  • Evaluate existing policies and procedures for the General Business Practice
  • Manage client relationships and develop team service strategy
  • Independently prepare for and conduct client meetings
  • Manage preparation of new business RFP’s
  • Participate in prospecting activities
  • Perform as team or subject matter expert
  • Perform thorough contract reviews for clients
  • Perform database file management and input information
  • May manage and train the next level down
  • Other tasks, duties, or special projects as assigned

Newfront provides insurance brokerage services that focus on risk management for both businesses and individuals. The company uses technology to streamline the insurance process, making it more efficient and user-friendly. Clients can expect tailored insurance solutions that address their specific needs, whether they are small businesses or large corporations. Newfront operates across all 50 states in the U.S., the District of Columbia, and Puerto Rico, allowing it to serve a wide range of clients. Unlike traditional insurance providers, Newfront emphasizes exceptional service and aims to resolve common frustrations clients face with insurance. The company's goal is to transform the insurance experience by integrating advanced technology with expert risk management, making it a preferred choice for those seeking better insurance solutions.

Company Stage

Series D

Total Funding

$310.1M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • The introduction of AI-powered tools and platforms like the Benefits Assistant and Total Rewards dashboard demonstrates Newfront's commitment to innovation and client satisfaction.
  • Strategic appointments, such as Katherine August-deWilde to the Board of Directors and Jessica Graves to lead the Maritime team, strengthen Newfront's leadership and industry expertise.
  • Programs like the Unicorn Bootcamp and Newfrontiers point-solution program highlight Newfront's proactive approach to addressing client needs and preparing them for future growth.

What critics are saying

  • The rapid integration of advanced technology may face resistance from clients accustomed to traditional methods, potentially slowing adoption.
  • Expanding into specialized markets like maritime and construction requires significant investment and expertise, posing a risk if these ventures do not yield expected returns.

What makes Newfront Insurance unique

  • Newfront leverages advanced technology to streamline the insurance process, setting it apart from traditional brokers who rely on outdated methods.
  • Their AI-powered Benefits Assistant and centralized Total Rewards platform offer innovative solutions that enhance client experience and operational efficiency.
  • Newfront's broad reach across all 50 states, the District of Columbia, and Puerto Rico allows it to cater to a diverse range of clients, unlike many regional competitors.

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