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About the Role
The Senior Account Executive interacts with clients daily, building and maintaining relationships with clients and carrier representatives. This role supports a Construction-focused commercial insurance book of business, managing complex risk management and insurance needs for construction-related clients. Responsibilities include preparing applications, specifications, and marketing strategies for new and renewal business.
Responsibilities
- Negotiates terms, conditions, coverage limits, and pricing with carriers and wholesalers.
- Works with the Claims Department on relevant claims for assigned clients.
- Prepares client proposals from carrier quotes, ensuring accurate presentation of coverage terms, pricing, exposure basis, renewal comparisons, and marketing results.
- Highlights coverage gaps or differences to ensure clients understand potential limitations.
- Obtains and maintains accurate exposure information necessary to avoid E&O claims.
- Maintains a follow-up system to ensure policies, endorsements, certificates, and other information are received and processed.
- May supervise or direct the daily job activities of Coordinators and Account Managers.
- Builds and maintains strong relationships with carriers and clients through regular contact and client visits.
- Keeps clients apprised of industry trends, market conditions, and regulatory issues impacting the construction industry.
Requirements
- Typically, more than 5 years of Commercial Lines experience, including recent tenure with a retail insurance brokerage or independent agency.
- Experience managing a book of middle-market accounts (estimated revenue minimum of $1 Million) is required.
- Experience servicing construction-related clients, including general contractors, trade contractors, developers, or other construction risks, is strongly preferred.
- In-depth knowledge of commercial insurance coverages, including General Liability, Workers' Compensation, Commercial Auto, Umbrella/Excess Liability, Property, Builders Risk, Contractor's Equipment, and related construction exposures.
- Understanding of marketplace trends and best practices to meet clients' needs.
- Proven ability to prepare and analyze loss summaries to support renewals and client strategy.
- Strong negotiating skills.
- Proficiency in Microsoft Word and Excel.
- Experience with EPIC preferred or other CRM required.
Skills
- Commercial Lines experience
- Client relationship management
- Carrier and wholesaler negotiation
- Proposal preparation
- Risk management
- Insurance needs assessment
- Microsoft Word
- Microsoft Excel
- CRM software (EPIC preferred)
Location
- Albany, NY
- Amherst, NY
- Kingston, NY
- Rochester/Pittsford, NY
- Fishkill, NY
- Danbury, CT
Work Type
- Full-time
- Hybrid
Experience Level
- Senior
- More than 5 years of Commercial Lines experience
Education Level
- BA/BS preferred
- P&C Insurance License required
- CIC, CPCU, ARM, or other industry designation preferred
Salary/Compensations
- $77,200 - $110,000
Benefits
- Competitive salary
- PTO and paid holidays
- 401(k) with match
- Exclusive discount programs
- Health and wellness programs
About the Company
- NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance.
- We are an organization of consultative advisors and problem solvers.
- We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach.
- To learn more, please visit: https://www.NFP.com.
Equal Opportunity
- NFP is an inclusive Equal Employment Opportunity employer.