Full-Time

Commercial Account Executive

Posted on 10/25/2024

HUB

HUB

5,001-10,000 employees

Data & Analytics
Consulting
Consumer Software

Compensation Overview

$65k - $75kAnnually

+ Commission

Senior

Kelowna, BC, Canada

Position requires onsite presence.

Category
Field Sales
Sales & Account Management
Requirements
  • Level 2 General Insurance License
  • Driven to achieve sales results
  • Demonstrated ability to build strong customer relationships
  • Thorough knowledge of commercial insurance
  • Strong commitment to personal growth and development
  • Excellent presentation and communication skills are a must
  • Strong organization skills
  • 7-10 years of relevant experience
  • High school or equivalent
Responsibilities
  • Effectively managing customer expectations
  • Answer telephones and assist clients with questions regarding their coverage
  • Communicate with company personnel regarding the client’s needs and/or problems
  • Understand agency rating system and company rating systems and websites
  • Negotiate with the underwriters from other insurance companies on rates and coverage
  • Follow-up on requested changes, renewals, etc. with insurance companies
  • Reviewing and analyzing claims and discussing with clients
  • Discussing & Explaining coverage to clients
  • Accounts receivable follow-up
  • New business and renewal sales presentations
  • Closing the deal - up selling/ cross selling
  • Prospecting for new business usually $20,000 to $100,000 premium
  • Preparing marketing submissions, proposals and summaries of insurance
  • Responsible for checking the accuracy of policies, endorsement, audits, etc. received from the insurance companies
  • Issuing certificated of insurance and motor vehicle liability slips
  • Reviewing payments
  • Other miscellaneous duties as required

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Embedded insurance solutions create new partnership opportunities with financial institutions.
  • Digital transformation drives growth and efficiency in Hub's operations.
  • Data analytics and AI improve underwriting and claims processing efficiency.

What critics are saying

  • Rapid acquisitions may lead to integration challenges and cultural clashes.
  • Rising premiums may push affluent clients to alternative insurance solutions.
  • Increased competition could lead to market saturation and reduced profitability.

What makes HUB unique

  • Hub's acquisition strategy strengthens its market position in diverse regions.
  • VIU by HUB enhances digital insurance offerings for financial institutions.
  • Hub's focus on personalized insurance products meets evolving customer needs.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE