Financial D&O/ Professional Liability Account Executive

Property & Casualty Insurance Industry

Essex County, NJ

About the Role

Serve as the key consultant for a collection of accounts in the Financial Lines sector, delivering expert guidance on coverages such as Directors and Officers (D&O), Employment Practices Liability Insurance (EPLI), Cyber, Errors and Omissions (E&O), Fiduciary, and Crime for major financial institutions, significant investment firms, and large law practices.

Responsibilities

• Conduct thorough policy evaluations, risk analyses, and assessments of coverage gaps to pinpoint valuable opportunities for enhanced protection.
• Oversee a variety of client accounts of differing complexities with attention to detail and accuracy.
• Provide Strategic Guidance and Supervise the Team.
• Offer mentorship to less experienced team members, facilitating their training and involvement with clients.
• Collaborate with internal teams and insurance carriers to manage endorsements, issue certificates, and ensure prompt documentation delivery.
• Direct discussions on renewal strategy placements and negotiate complex terms with carriers.
• Focus on Marketing and Risk Strategy.
• Partner with internal colleagues to promote tailored insurance solutions that align with the specific needs of each client.
• Lead the creation and delivery of underwriting applications, risk evaluations, and materials for client presentations.
• Build and maintain strong relationships with carriers and stay informed about market changes that may affect client accounts.

Qualifications

• Possess over three years of experience in financial lines at an insurance brokerage.
• Have a deep knowledge of products including Directors and Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Crime, Errors and Omissions (E&O), and Cyber liabilities.
• Hold a vibrant understanding of risk management concepts and terminology used in the insurance market.
• Familiarity with Applied Epic is preferred.
• Current New Jersey Property & Casualty Insurance License is a must.
• Expertise in Financial Lines insurance products.
• Strong analytical and risk assessment skills.
• Excellent communication and interpersonal skills.
• Experience with Applied Epic.
• Proven track record in client relationship management.