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What is the role of a Account Executive, Personal Insurance at B. F. Saul Company?

The Account Executive, Personal Insurance position at B. F. Saul Company is a Full-time or part-time position opportunity in the Sales field.

Where is this Account Executive, Personal Insurance job located?

Bethesda, Maryland, 20814, United States

What type of employment is offered for this Account Executive, Personal Insurance role?

Full-time or part-time position

Account Executive, Personal Insurance job near me in Bethesda, Maryland at B. F. Saul Company

Account Executive, Personal Insurance

Company Overview:

B. F. Saul Insurance (BFSI) is a boutique advisory firm providing proactive, smart, and highly responsive insurance and claims advocacy services throughout the United States. With community roots in the Washington DC metropolitan area and spanning over 130 years, we help businesses and non-profits as well as families and individuals with complex needs protect their most important assets at levels customized for their risk tolerances and goals. Key industry segments include real estate, not for profit organizations, associations, and professional services.

B.F. Saul Insurance (BFSI) is an operating division of B.F. Saul Company, a large privately held business focused on the acquisition, development, and operation of commercial real estate, including hotels, office buildings and multi-family assets. Key affiliates include Saul Centers (NYSE: BFS), B. F. Saul Hospitality, Chevy Chase Trust investment advisors, and ASB Capital Management, a real estate investment management firm.

POSITION SUMMARY:

The Account Executive is responsible for brokering and managing key client relationships for personal insurance. The Account Executive will be involved in developing and maintaining the client relationship beyond the annual transactional renewal period. An understanding of the insurance market along with building and maintaining strong relationships with our insurer partners is essential.

Summary of Competitive Benefits & Perks:

Health/Medical Insurance including Dental and Vision
401(k) with company match
Paid time off
Bonus/Target Incentive
Tuition Reimbursement
Complimentary usage of modern in-house fitness center
On-premise full-service dining center discounts
Discounts via the company’s EAP
Monthly Employee Recognition Programs
Referral bonus
Pre-tax transportation options
Plus more!

Company Core Values:

Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
Ethics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
Results: The product of consistently going above and beyond to deliver exceptional value for the team and the organization.

DUTIES & RESPONSIBILITIES:

Support Producers – help prepare for key prospect/clients meetings
Coordinating all client related service needs among service team relating to marketing, claims, risk management and placement administration
Direct responsibility for client retention, growth, achievement of operating margin targets, and fostering a culture of performance and continuous improvement
Maintain and enhance relationships with existing clients by executing proactive, creative, and on- going contact initiatives
Recommend potential enhancements and account round for coverage and/or policies we do not currently handle
Recommend improvements to process/workflows that create efficiencies and/or provide a higher level of service to clients
Stay current on market changes to rates, coverages changes, emerging risks, and carriers as respects to mergers/acquisitions and emerging carriers

SPECIFIC TASKS:

Coordinate with team/Producer to complete coverage review for prospects
Utilize system capability (AMS/Vertafore) and properly to maintain complete and accurate client and policy data
Develop client ready content, speaking engagements, white papers, etc.
Complete contract reviews for clients
Request renewal information from the client
Select insurers for submission; negotiate quotes; complete coverage analysis
Develop and present renewal proposal
Request order to bind and submit binders to client
Ensure policy/endorsement issuance to client within 30 days

EXPERIENCE / EDUCATION / LICENSES (SKILLS/ABILITIES):

7 + years of relevant insurance industry experience
Bachelor’s Degree is preferred
Property & Casualty license required
Insurance industry designations are preferred
Intermediate to advanced level of experience with Excel and PowerPoint

The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of B. F. Saul Insurance’s total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, commission incentives and more.

B. F. Saul Insurance is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.

If you are a candidate in need of assistance or an accommodation in the application process, please contact corporate.resumes@bfsaul.com or 301-986-6000.

Equal Opportunity Employer/Veterans/Disabled

$85,000 - $125,000 a year

Account Executive, Personal Insurance in Bethesda, Maryland at B. F. Saul Company

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