Full-Time

Associate Account Executive

Commercial Lines

Posted on 11/15/2024

HUB

HUB

5,001-10,000 employees

Data & Analytics
Consumer Software
Fintech

Compensation Overview

$37.36 - $39.71Hourly

+ Commission

Mid

Plainview, NY, USA

Category
Customer Success Management
Sales & Account Management
Requirements
  • Detail oriented with good mathematical and communication skills
  • Ability to understand, analyze, and research different lines of insurance
  • Good typing skills and computer literacy
  • Ability to work within designated time frames
  • Good interpersonal skills
  • P&C license preferred
  • Strong computer skills; Excel & Word a must
  • 2-5 years of relevant experience
  • Bachelor's degree (4-year degree)
Responsibilities
  • Maintaining account folders in accordance with internal Quality Control guidelines
  • Check policy coverages and endorsement on all new business and renewals for accuracy and relevance
  • Complete specs, prepare proposals, policy summaries and reviews
  • Process endorsements, placement requests and invoicing: Credit, Debit, Monthly reports
  • Review policies for accuracy and adequacy of coverage, including rating calculations
  • Liase with Accounting department on research and justification of premium charges as compared with endorsements and invoices
  • Handle or refer insured’s and underwriter’s questions
  • Perform other specific duties as directed by the Account Executive
  • Pursue a program of professional development
  • Begin studies for appropriate licenses
  • Order loss runs, execute loss summaries
  • Complete new business and renewal applications
  • Have discussion with Underwriters regarding pricing and coverage
  • Create proposals from Carrier quotes

Company Stage

N/A

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • HUB's strategic leadership appointments, like Tim DeSett and Lauren Melzer, indicate a strong focus on growth and innovation.
  • The company's continuous expansion through acquisitions suggests robust financial health and a commitment to broadening its service offerings.
  • HUB's emphasis on personalized solutions, such as the clinical informatics resources for employee benefits, enhances its appeal to a diverse client base.

What critics are saying

  • Frequent acquisitions may lead to integration challenges and potential cultural clashes within the organization.
  • The competitive insurance brokerage landscape requires HUB to continuously innovate to maintain its market position.

What makes HUB unique

  • HUB International's aggressive acquisition strategy, including recent purchases of Wade Associates and WestStar Insurance, positions it as a dominant player in the insurance brokerage market.
  • The introduction of HUB Infused Analytics™ Data Suite for personalized employee benefits showcases HUB's commitment to leveraging data analytics for client advantage.
  • HUB's expansion into niche markets, such as aviation risk advisory services for affluent clients, differentiates it from traditional insurance brokers.

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