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Jencap · 3 days ago

Commercial Lines Account Executive

Worcester, MA

Full-time

Hybrid

Entry, Mid Level

2+ years exp

Jencap is one of the largest wholesale insurance intermediaries in the United States, focused on collaboration and team empowerment. The Commercial Lines Account Executive will assist producers in handling and placing new and renewal insurance policies, requiring strong marketplace knowledge to retain business effectively.

Financial ServicesInsuranceProfessional ServicesRisk Management

Responsibilities

Evaluate and compare coverage options, policy language, and endorsements for renewal placements across various commercial lines (e.g., Property, General Liability, Auto, Umbrella, Inland Marine)

Underwrite renewal business by assessing risk exposures, loss history, and carrier appetite to ensure suitability and competitive pricing

Analyze new business submissions to determine appropriate markets based on industry class, risk profile, and coverage needs

Rate and prepare insurance quotes using carrier platforms and internal rating tools, ensuring accuracy and compliance

Maintain current knowledge of carrier guidelines, underwriting trends, and market conditions across commercial sectors

Collaborate with Producers to develop strategic placement plans for complex accounts and support client retention efforts

Achieve targeted renewal retention goals through proactive account servicing and relationship management

Ensure adherence to departmental service standards, including timely response to inquiries and accurate documentation

Manage daily workflow to meet deadlines, prioritize tasks, and handle a high volume of submissions efficiently

Review inspection reports, loss control recommendations, and risk assessments to confirm adequacy of coverage and limits

Ensure compliance with carrier contracts, binding authority guidelines, and internal underwriting procedures

Qualification

Commercial Lines underwritingInsurance marketingRisk assessmentP&C licenseCIC certificationCISR certificationNegotiation skillsInterpersonal skillsWritten communicationVerbal communicationOrganizational skillsTeam collaborationAttention to detailPositive attitude