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Account Executive Summit, NJ
HUB International Limited (“HUB”) is the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 16,000 employees in 750 offices throughout North America and Canada, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.
Our vertically integrated Private Equity group is currently seeking an ambitious Account Executive with experience working with in the Financial Institution / Private Equity sector. The position is located in our Summit, NJ office but offers the flexibility of a hybrid work environment. The Account Executive will handle Property & Casualty, Management Liability, Cyber/Privacy Liability and Professional Liability for the portfolio companies of Private Equity firms HUB represents. This growth focused position requires working at a consultative and strategic level with the Insured(s) to develop and execute on a structured renewal process.
Specific responsibilities include but not limited to the following:
Manage all on-going services customarily required for Middle Market clients. This includes clear communication with clients, promoting client/insurer relationships, executing contracted services for all lines of insurance and working with internal HUB Specialists as needed.
Coordinate brokerage and client services (contract review and guidance, coordinating actuarial services, claims and loss prevention services as required.
Work with the Producer and client team, developing an understanding of the clients' business, strategic priorities, risk strategies and risk management needs and developing innovative approaches to unique client needs.
Responsible for the execution of the renewal strategy in accordance with client instructions.
Collaborate and deliver, alongside the Producer, presenting a detailed renewal proposal.
Responsible for facilitating the claims process – working closely with internal claims resources.
Responsible for marketing, including advising customers regarding renewals and recommending coverage/ products/risk control approaches.
Responsible for managing existing client acquisitions/mergers and coordinating/ presenting a go forward insurance program.
Please apply to join us if you meet the following requirements:
At least 5 years of experience managing midsize accounts. Working with Private Equity clients and portfolio companies is beneficial.
4 year college degree or equivalent work experience
Valid NJ State Property & Casualty Insurance license
Excellent organizational skills and strong attention to detail
Excellent Excel/ Spreadsheet proficiency
Ability to establish and maintain relationships with clients and carriers
Ability to manage multiple responsibilities in a deadline driven environment
Strong presentation skills and excellent written and verbal communication skills
Working knowledge of market place and on-line quoting
Ability to travel in a limited capacity as needed
Department Account Management & Service
Required Experience: 5-7 years of relevant experience
Required Travel: Negligible
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.
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Hi, we’re HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
About HUB International
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.